Corkwood Drilling Program Completed, Significant Widths of Mineralisation Intersected
Brisbane, Dec 15, 2015 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) is pleased to announce the completion of the maiden Corkwood prospect drilling program at the East Kimberley project, Western Australia.
Thirty three reverse circulation drill holes totaling 2,949 metres have been completed in six prospect areas. Every hole has intersected visual flake graphite mineralisation, with significant zones of over 50 metre downhole widths in several holes, including an intercept of 64 metres (Figure 1, see link below). Additionally, some holes have intercepted multiple horizons of graphite mineralization. The drilling has defined consistent, broadly tabular bodies of graphite mineralization and the thickness of the mineralisation is better than anticipated from surface observations.
The Corkwood area has never been previously explored for its graphite potential. The Company's drilling program has now identified graphite mineralization over 7 kilometres within the 25 kilometre strike extent of the Corkwood geochemical and geophysical anomaly.
Samples are being dispatched for analysis and the first results are anticipated in January 2016.
To view the release including Figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SYA-897655.pdf
About Sayona Mining Limited
Sayona Mining Limited (ASX:SYA) (OTCMKTS:SYAXF) is a North American lithium producer with projects in Quebec, Canada and Western Australia. In Quebec, Sayona's assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (ASX:PLL). Sayona also holds a 60% stake in the Moblan Lithium Project in northern Quebec.
In Western Australia, the Company holds a large tenement portfolio in the Pilbara region
prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC).
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