Sayona Mining Limited Stock Market Press Releases and Company Profile
Annual Report to Shareholders
Annual Report to Shareholders

Brisbane, Oct 26, 2018 AEST (ABN Newswire) - Sayona Mining Ltd (googlechartASX:SYA) (googlechartDMNXF:OTCMKTS) provides the Company's Annual Report to shareholders.

Sayona's strategy is to develop projects to supply the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors.

HIGHLIGHTS

- DFS confirms the project profitability with a projected pre-tax NPV of C$184m (A$194m)

- Increased Ore Reserve to 12.1 million tonnes

- All major Authier environment studies completed

- AUD $12 million capital raising

- Acquisition of Tansim exploration permits

- Drilling program for WA lithium projects

To view the full report, please visit:
http://abnnewswire.net/lnk/G80F638V


About Sayona Mining Limited

Sayona Mining LtdSayona 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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Contact

Dan O Neill
Managing Director
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au



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