Authier JORC Resource Presentation
Brisbane, July 8, 2016 AEST (ABN Newswire) - Sayona Mining Ltd (
ASX:SYA) has a binding agreement to purchase the Authier Lithium project for CAD$4 million.
- Legal and technical due diligence nearing completion
- Glen Eagle shareholders approval for sale completed
- Financing discussions advanced
To view the presentation, please visit:
http://abnnewswire.net/lnk/424109A2
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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