Quarterly Activities Report
Quarterly Activities Report
Brisbane, April 30, 2018 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the activities report for the quarter.

Highlights

- Successful completion of the Phase 3 drilling program at Authier

- Authier JORC Mineral Resources upgraded

- Authier environmental studies advancing towards completion

- Authier pilot metallurgy program commenced with initial encouraging results

- $15 million capital raising announced

Activities:

- Authier, Canada - major focus on completion of the Definitive Feasibility Study and permitting activities required for the fast-track development of the project;

- Western Australian Lithium, Australia - rock chip and soil sampling programs completed at Mallina and Deep Well; and

- Capital raising - subsequent to the end of the quarter, a $15 million capital raising comprising an $11 million placement (which is completed) and $4 million rights issue were announced.

To view the full report, please visit:
http://abnnewswire.net/lnk/982IL0DM


About Sayona Mining Ltd

Sayona Mining LtdSayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is an Australian-based, ASX-listed (SYA) company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors.

The Company's primary focus is the development of the Authier Lithium deposit in Quebec, Canada however exploration for additional lithium deposits is also ongoing in the Authier region and in the Pilbara of Western Australia where the Company has an extensive lithium exploration package of tenements.

 


Contact

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



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