Itabela Drilling Program Completed
Brisbane, April 5, 2016 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) is pleased to announce completion of the maiden drilling program at the Itabela graphite project in Brazil.
Forty-nine air-core and reverse circulation drill holes totaling 2,440 metres have been completed at the San Manuel and San Ruben prospects. The aim of the program, included:
- Testing the grade, strike and lateral extensions of known mineralisation at San Manuel and San Ruben;
- Testing depth extensions to know mineralisation where the limit of drilling is generally between 10 and 20 metres from surface; and
- Validating assays from historical drilling programs.
Samples are being dispatched for analysis, and the results and analysis are expected to be completed by the end of the month.
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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