High-Grade Lithium Mineralisation in Mallina East Pegmatite
Brisbane, May 8, 2017 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") is pleased to report the initial rock chip assay results from the new Mallina East spodumene pegmatite discovery in the Pilgangoora district of Western Australia.
Highlights
- Rock chip assays up to 3.98% Li20 returned in new eastern spodumene pegmatite zone
- Results confirm lithium mineralisation in three new zones of spodumene pegmatites, with the main Eastern Pegmatite outcropping over 1,300 metres of strike extent
- Widths up to 20 metres observed on surface, true thickness unknown. Assays confirm lithium present as spodumene, which is observed all along the pegmatite body
- Exploration and permitting being fast-tracked to allow drill testing
The results confirm that the Mallina East pegmatite is mineralised along the 1.3 kilometre strike extent that has been identified and sampled to date. The highest lithium grades, up to 3.98% Li20, are hosted in a very coarse spodumene pegmatite. Of the 14 samples collected over the Eastern Pegmatite, the average lithium content is 1.23% Li2O (see Figure 1 and Table 1 in the link below). Some of this sampling however includes weathered silicified cap-rock, which although closely related to areas of spodumene mineralisation, is not itself mineralised. It is anticipated that spodumene is present in the fresh rock below these zones.
In addition to the Eastern Pegmatite, a number of other pegmatites have been identified, including a zone to the north-east of the main pegmatite which, assayed up to 3.16% Li2O, and a western zone which assayed up to 0.52% Li2O (see Figure 2 in the link below). The new discovery areas remains very lightly explored and the initial results have confirmed the potential of the area.
The Mallina project, located in the world-class Pilgangoora lithium district of Western Australia, now includes seven areas containing spodumene pegmatite mineralisation (see Figures 2 and 5 in the link below). Further exploration will continue around the discovery areas to define drill targets. Permitting and approvals are underway to allow drill testing of the targets as soon as possible.
Corey Nolan, Chief Executive Officer, commented "The Company is very encouraged by the potential scale of the new pegmatite which is demonstrating the potential for robust grade, thickness and strike extent. The Company will work towards drill testing the targets as quickly as possible".
To view tables and figures, please visit:
http://abnnewswire.net/lnk/B8LN609X
About Elevra Lithium Limited
Elevra Lithium Limited (ASX:ELV) (NASDAQ:ELVR) is North America's largest hard-rock lithium producer with a diversified portfolio of high-quality assets across Quebec Canada, the United States, Ghana and Western Australia.
Our flagship operation, the North American Lithium (NAL) mine in Quebec, Canada has successfully ramped up production of spodumene concentrate, supported by ongoing operational enhancements to increase recovery rates, throughput, and mill utilisation. Following a Mineral Resource upgrade, Elevra completed a Scoping Study for a brownfield expansion to increase NAL's annual spodumene concentrate production and reduce unit operating costs.
Complementing NAL, the Moblan Lithium Project in northern Quebec represents one of the largest undeveloped spodumene resources in North America, with a Mineral Resource of 121 Mt @ 1.19% Li2O.
Development activities are progressing with feasibility studies targeting a large-scale, long-life operation capable of supplying both domestic and international markets.
In Western Australia, Elevra holds an extensive portfolio of lithium and gold tenements, where exploration programs are advancing to unlock additional growth opportunities. Meanwhile, in the United States, our Carolina Lithium Project offers a strategic foothold in the downstream lithium chemicals market and our project in Ghana provides a further option for future growth.
Looking ahead, Elevra is focused on strategic downstream partnerships to enable further value-added lithium production, positioning the Company to deliver a secure, sustainable supply of critical minerals to global customers. Together, these assets establish Elevra as a growth-focused supplier supporting the global energy transition.
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