Lithium Identified In First Sampling Program at Mt Edon
Brisbane, May 4, 2016 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) is pleased to announce the results of an orientation rock sampling program at the Mt Edon project, Western Australia.
Highlights:
- Orientation rock sampling of pegmatites at Mt Edon returns up to 1.05% Li2O
- Results define lithium anomalous pegmatite coincident with radiometric signature
- Extensive pegmatite system remains unexplored
- Targets identified for further geochemistry and evaluation
The assay results have defined a number of lithium anomalous pegmatite systems. The pegmatites also contained anomalous tantalum, rubidium and cesium, indicative of rare metal pegmatites.
The peak lithium assay of 1.02% Li20 was returned from a pegmatite only recently identified in the Company's initial appraisal of the area. Other anomalous results nearby define a 400 metre wide package of pegmatites which is the high priority target (Figure 1 - eastern anomaly, see link below).
The orientation sampling programme, comprising 58 rock samples and 18 soil samples was carried out to provide baseline geochemical information to help characterise the pegmatite system and target spodumene albite pegmatite, the companies exploration focus.
Interpretation of results is continuing and petrology will be carried out to help identify the nature of the host pegmatite system, which comprises over 70 pegmatites along a 4 kilometre strike extent. Six main target areas have been identified from the data and these, together with other radiometric targets yet to be visited will be tested by geochemical sampling, which will commence shortly.
To view tables and figures, please visit:
http://abnnewswire.net/lnk/M3ERP7FG
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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