For thousands of other reports visit RSC's Mineral Intellingence Map

Sayona Mining Ltd.

opaxe

Summary

Project:

Tansim

Deposit:Viau-Dallaire
Location:Canada
Commodities:Lithium
Date:11/19/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resources Definition
Report details:19-11-2019: Sayona Mining Ltd. announces a Resource Estimation report for its Viau-Dallaire deposit at the Tansim project. Exploration Target Range for the Viau‐Dallaire prospect. Emerging lithium miner Sayona Mining Limited (ASX: SYA) announced today an
Resources:
CP/QP:[Overall Report]: Gustavo Delendatti (Independent)
ABSTRACT:Emerging lithium miner Sayona Mining Limited (ASX: SYA) announced today an Exploration Target* for the Viau‐Dallaire prospect within the Company’s Tansim Lithium Project in Québec, Canada, highlighting the potential for the development of a new lithium deposit. Based on recent drilling (refer ASX announcement 9 April 2019), the Exploration Target* has been estimated at between 5 million tonnes, at an estimated grade of 1.2‐1.3% Li2O and 25 million tonnes at an estimated grade of 1.2‐1.3% Li2O (Table 1). The mineralisation is open in all directions. Acquired in January 2018, the project is located just 82km south‐west of Sayona’s flagship Authier Lithium Project. The Tansim project comprises 141 mineral claims spanning 8,500 hectares and is prospective for lithium, tantalum and beryllium. Sayona’s Managing Director, Brett Lynch said the Viau‐Dallaire prospect could potentially become an important boost to the Company’s growth plans in Québec. “This Exploration Target demonstrates the potential for Viau‐Dallaire to become another key part of our strategy to develop a lithium hub, supporting Québec’s ambitions to generate a complete lithium value chain,” he said. “With our bid progressing for NAL backed by a world‐class team, Sayona has the potential to feed spodumene ore from Authier and Viau‐Dallaire into NAL’s concentrator to generate the necessary quality product for lithium‐ion battery manufacturing.”

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