Drilling Commences at Mallina Project Spodumene Pegmatites
Brisbane, Sep 10, 2018 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") is pleased to report an exploration update at its 1,898km2 project area in the Pilgangoora district of Western Australia.
Highlights
- A 20 hole, 2,500m RC drill programme has commenced at Mallina over the Area C prospect and other spodumene pegmatites
- Includes first drilling over the 1,400m strike length of Area C prospect where soil anomalism and high grade spodumene rock samples to 4.60% Li2O were identified
- Other regional projects advancing, including new pegmatite identified at the Tabba Tabba project
A 20 hole, 2,500m RC drill programme has commenced at the Mallina project. The programme is principally designed as a first pass test of the 1,400m Areas C prospect, where rock chip sampling has returned spodumene mineralisation up to 4.6% Li2O.
The Mallina project, located in the world-class Pilgangoora lithium district of Western Australia, hosts multiple areas of spodumene bearing pegmatites within a 20 km2 zone (see Figure 1 in link below). The Area C prospect is the most extensive of these and is geochemically the strongest identified to date and has not been previously drill tested. The bedrock is largely obscured by thin cover and it is anticipated drilling will outline the pegmatite morphology and possible extensions to the north where the cover is deeper.
The drilling has been awarded a co-funded government grant. This incentive scheme by the State Government of Western Australia provides a rebate of 50% on direct drilling costs, up to a maximum of $150,000.
Regional exploration within the Pilbara lithium project has focussed around the Mallina, Tabba Tabba and Moolyella projects (see figure 2 in link below). At Tabba Tabba, recent geochemistry has identified four new soil anomalies which require detailed mapping and infill sampling, as well as a newly recognised LCT type pegmatite. Statutory approval to drill test three pegmatite targets has been completed and further work may increase this planned drill activity. Exploration over the project has being expedited following the discovery of spodumene pegmatite in adjacent tenure.
Dan O'Neill, Managing Director, commented "The Company is pleased to be drill testing the lithium mineralisation at the Area C prospect and advancing its other extensive ground holding in the Pilgangoora district".
To view figures, please visit:
http://abnnewswire.net/lnk/B01JQS76
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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