Sayona Mining Limited Stock Market Press Releases and Company Profile
Itabela Drilling Program Update
Itabela Drilling Program Update

Brisbane, Mar 8, 2016 AEST (ABN Newswire) - Sayona Mining Limited (googlechartASX:SYA) ("Sayona" or the "Company") is pleased to announce an update on the drilling program at the Itabela graphite project in Brazil.

By the end of the first weeks drilling, a total of 902 metres had been completed in 17 holes at the Sao Manuel prospect. The holes were designed to verify grades from previous auger drilling and to test the strike and lateral extensions of the known mineralisation.

Visible large, jumbo and super jumbo flake graphite has been consistently observed in most drill intersections, and along road cuttings exposed by surface earthworks to prepare drill access and pads (see attached photos).

The graphite mineralisation is hosted in a sequence of very deeply weathered, saprolitic paragneiss which extends from the surface down to 84 metres, the limit of current drilling. The deposit will be amenable to simple low cost mining techniques without drilling and blasting, and low cost processing.

It is anticipated the drilling the program will be completed by the end of March.

To view figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SYA-911302.pdf


About Sayona Mining Limited

Sayona Mining LtdSayona 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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Contact

Corey Nolan
Chief Executive Officer
Phone: +61 (7) 3369 7058
Email: info@sayonamining.com.au



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