Authier Lithium Project Advances to the Definitive Feasibility Stage
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Investor Presentation
Brisbane, Dec 12, 2017 AEST (ABN Newswire) - Sayona Mining Ltd (
ASX:SYA) (
DMNXF:OTCMKTS) provides the Company's latest Investor Presentation.
Sayona - At a Glance
- Australian-based, ASX listed lithium exploration and development company
- Primary objective is to fast-track development of the advanced Authier Lithium Project
- Targeting first production at Authier in late 2019
- Significant portfolio of lithium and graphite exploration properties in Australia
Authier Lithium Project
- Located 45km from Val d'Or in Quebec, Montreal
- Hard-rock, spodumene lithium deposit
- 100% owned
- 26,000m of drilling
- Base-line environmental completed
- Well studied -PEA 2012, PFS 2017, 4-phases of metallurgy
Investment Highlights
- Authier is an advanced, de-risked project. DFS underway
- Executing a plan to get into production and generate cash flow -low capital hurdle & competitive operating costs
- Located in a first world country with access to world-class, low-cost infrastructure
- Integrated refinery model provides an opportunity to value-add Authier concentrates and create significant shareholder value
- Base case pre-tax NPV of A$227 million and low enterprise value per tonne of resources compared to industry peers
- Board and management team have track record of delivering projects
To view the full presentation, please visit:
http://abnnewswire.net/lnk/626TDXD4
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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