Sayona Mining Hits More High Grades At North American Lithium Operation

Sayona Mining Ltd (ASX:SYA) (OTCQB:SYAXF) has revealed high-grade lithium results from drilling at the North American Lithium (NAL) operation.

The project located in Québec, Canada is owned by Sayona (75%) and Piedmont Lithium Inc (ASX: PLL) (25%).

High-grade results

Sayona has reported results from 36 drill holes totalling 8,803 metres at NAL.

The high-grade results include 26.05m (metres) at 1.66% Li2O (lithium oxide) from 324.25m and 21m at 1.55% Li2O from 352.90m.

The drilling was designed to test extensions to mineralisation and provide in-fill data for the upgrade of mineral resource categories.

Importantly, Sayona has identified high-grade lithium mineralisation outside the Mineral Resource estimate (MRE) pit shells.

The results also support the potential conversion of some of the Inferred resources to Indicated category within the MRE pit shells.

30,000 metres of drilling planned

Sayona Interim CEO James Brown said: “We are delighted to have another strong set of drilling results from North American Lithium which continue to highlight the superb quality of this mine.

“The results reported today have shown that mineralisation continues outside of the existing MRE pit shells so the next key step will be to complete a recalculation of the MRE to include recent drilling.

“Additionally, we will also complete a further 30,000 metres of drilling throughout 2024 to better understand the full potential of the NAL mineralisation.”

 

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