For thousands of other reports visit RSC's Mineral Intellingence Map
Sayona Mining Ltd.
Summary
| Project: | Authier | |
|---|---|---|
| Deposit: | Authier | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 11/17/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-11-2016: Sayona Mining Ltd. announces an Exploration/Drilling Update report for its Authier deposit at the Authier project. Drilling results incl. 35m @ 1.26% Li2O from 135m. Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to an | |
| Resources: | (Resource, Total): 9.12Mt @ 0.96% Li2O for 87302t 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 final ten diamond drill holes at the Authier lithium project, Quebec. All the diamond drill holes have intercepted high-grade spodumene mineralisation. Six new drill holes have successfully tested the deep extensions of mineralisation at the main Authier pegmatite, and four holes the geometry of the Authier pegmatite at shallow levels in the eastern and central sectors in order to upgrade the resource categories from indicated to measured. The Company believes the new drilling has the potential to expand the size of the existing JORC Resource, and the mineralisation remains open in all directions. The Company is pleased with the combination of thickness and high-grades of spodumene intersections reported from the drilling program. More drilling is planned for early 2017. The lithium mineralisation at Authier project is related to multiple pulses of spodumene bearing quartz-feldspar pegmatite. Higher lithium grades are related with high concentrations of mid to coarse spodumene crystals (up to 4 cm long axis) in a mid to coarse grained pegmatite facies. A new JORC Resource incorporating all the new assay results is being prepared and will be incorporated into the Pre-Feasibility Study which is underway. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report