Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") is pleased to announce that its first phase exploration program has commenced at the Mallina project which is located in the world world-class Pilgangoora lithium district of Western Australia.
Highlights
- Initial mapping and sampling programs commence at the Mallina project
- Mallina hosts a recently discovered spodumene bearing pegmatite:
-- Rock chip samples up to 2.13% Li2O in discovery pegmatite. The average of the 10 rock chip samples collected to date is 1.28% Li2O
-- Spodumene crystals over 20 centimetres in diameter identified within the Discovery pegmatite, along a 500 metre strike zone
-- Pegmatite swarm remains unexplored; high potential for additional discoveries
Initial mapping and sampling programs have commenced, including:
- Rock chip sampling and mapping, targeting extensions of the known mineralisation (see Figure 1 in the link below);
- Exploring other prospective areas in the tenement package that have been identified through satellite and air photography imagery; and
- Completing orientation soil geochemistry over the discovery area and other spodumene occurrences to provide information on their geochemical signature. This information can then be used to target pegmatites hidden by shallow soil cover, widely present within the tenement.
Recent due diligence reconnaissance exploration conducted on the Mallina tenement has located significant zones of visible spodumene mineralisation within a pegmatite (see Figure 2 in the link below). Sample results include rock chip assays up to 2.13% Li2O within a pegmatite which has been mapped over 500 metres of strike extent. The average of the 10 rock chip samples collected to date is 1.28% Li2O. The Mallina area is a new spodumene discovery and has never been previously explored for its lithium potential.
The Mallina project is located 80 kilometres west of the Pilgangoora lithium deposits of Altura Mining and Pilbara Minerals, and compliments the Company's other 1,000 km2 lithium exploration portfolio in the Pilbara region.
To view tables and figures, please visit:
http://abnnewswire.net/lnk/GT5S659R
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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