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Sayona Mining Ltd.
Summary
| Project: | Authier | |
|---|---|---|
| Deposit: | Authier | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 5/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-5-2017: Sayona Mining Ltd. announces an Exploration/Drilling Update report for its Authier deposit at the Authier project. Drilling results incl. 26m @ 1.26% Li2O from 163m. Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to ann | |
| Resources: | (Resource, Total): 13.74Mt @ 1.07% Li2O for 146700t Li2O contained at project | |
| CP/QP: | [Overall Report]: Dr. Gustavo Delendatti (Independent) | |
| ABSTRACT: | Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce the assay results from the remaining twenty six diamond drill holes completed in the Phase 2 drilling program at the Authier lithium project in Canada. The new holes drilled east, west and within the gap zone of the main Authier pegmatite orebody have successfully demonstrated potential extensions of the mineralisation at opencut mineable depths. Mineralisation within the main pegmatite orebody has been extended 150 metres to the east, up to 300 metres to the west within the deeper levels and 200 metres west at shallower levels, and at depth in the gap zone. The main pegmatite is now over 1,100 metres in total strike length. The mineralisation remains open in all directions and further drilling will be required to test the full extent of deposit. Additionally, new holes in the northern pegmatite have delineated a narrow and gently dipping tabular body with the potential for shallow, open-cut mineable tonnage. A revised Mineral Resource estimate is currently being prepared to incorporate into the planned updated Pre-Feasibility Study following completion of the metallurgical and geotechnical work programs. | |
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