Sayona Mining Limited: Quarterly Activities Report
01.08.2017 | ABN Newswire
Brisbane - Sayona Mining Ltd. (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the activities report for the quarter.Highlights
- New Authier JORC-compliant Mineral Resource estimate of 17.4Mt @ 1.02% Li2O (177,212 tonnes Li2O)
- Optimisation programs to enhance the Authier value commenced including metallurgical, hydrogeological and geotechnical programs
- Successful downstream processing of Authier concentrates and commencement of concept study for production of lithium carbonate
- Maiden reverse circulation drilling program completed at Mallina
Activities include:
- Authier, Canada - An upgrade of the JORC Mineral Resource, the successful demonstration of the conversion of Authier concentrates into beta spodumene, and the commencement of a number of value enhancement programs to improve the base case Pre-Feasibility Study valuation; and
- Mallina, Australia - identification of a new group of spoduemen pegmatites in the east of the tenement and completion of a maiden drill programme with 18 RC holes for 1,343 metres.
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http://abnnewswire.net/lnk/F0G8VIXW
About Sayona Mining Ltd:
Sayona Mining Ltd. (ASX:SYA) (OTCMKTS:DMNXF) is a company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. Please visit us as at www.sayonamining.com.au
Contact:
Sayona Mining Ltd.
Corey Nolan Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au