Savannah, Ariana Resources, Blencowe Resources, 88 Energy, Union Jack Oil - Small Cap Snapshot

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Savannah Resources (AIM:SAV) has raised £4.8 million to advance its Barroso lithium project in Portugal. Over 40% of the new shares went to Portuguese investors, a big jump from just 1% last year.

Ariana Resources (AIM:AAU) has found a 500-metre gold-in-soil anomaly just 125 metres from its planned Dokwe pit. The team says the target, found using detectORE tech, will be drilled as a priority.

Blencowe Resources (LSE:BRES) has reported strong deep drilling results at its Orom-Cross graphite project in Uganda. All holes ended in mineralisation, suggesting the resource could be much larger than previously defined.

88 Energy (AIM:88E) has secured a 12-month extension for its Namibia venture. The team plans an airborne survey, resource estimates, and picking sites for future exploration wells.

Union Jack Oil (AIM:UJO) has restarted production at the Keddington oilfield after major upgrades. The site produced 992 barrels in June, with flow rates up sharply compared to before.

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