Brisbane, April 26, 2017 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the appointment of Jonathan Gagne as Canadian Country Manager to fast-track the development of the Authier project in Quebec, Canada.

Jonathon's primary focus is to fast-track the development of the Authier project including, completion of the Definitive Feasibility Study, permitting and approvals. The Company recently completed a Pre-Feasibility Study and reported a maiden Ore Reserve, and is now advancing work programs to complete a Definitive Feasibility Study. Jonathon's responsibilities will also include, assessing opportunities for off-take and studying the potential to value-add Authier's spodumene concentrate within Quebec, and capitalise on the strong demand for lithium value-added products within the US markets.

Jonathan is a mining engineer with over ten years' experience in the resources industry. Jonathon is a graduate of the Ecole Polytechnique de Montreal in Mining Engineering and has a Master's of Business Administration specialising in corporate finance from Universite du Quebec a Montreal. Jonathon began his career at the Meadowbank open-pit gold mine, where he participated in the construction and commissioning of the project. In 2011, Jonathon became a consulting engineer with SGS Geostat providing technical support services including, preparation of NI43-101 reports and project evaluations. Jonathon was the principle engineer responsible for the preparation of the 2013, Authier Preliminary Economic Assessment. In 2015, Jonathon joined the technical services department of the Glencore Zinc Division as a senior mine engineer responsible for open-cut mine planning world-wide.

Corey Nolan, Chief Executive Officer commented, "We are pleased to have attracted Jonathon to the team. Jonathon is intimately familiar with the Authier project and its potential following his involvement in the preparation of the Preliminary Economic Assessment in 2013. Since Jonathon's involvement in the project in 2012/13, Sayona has drilled an additional 8,000 metres at Authier and completed a Pre-feasibility Study, and lithium spodumene prices have soared to record levels, significantly enhancing the value of the project. The Company plans to fast-track the Authier development and capitalise on the attractive market prices for spodumene concentrates which is underpinned by the strong projected growth in demand for lithium-ion batteries in the future".


About Sayona Mining Ltd

Sayona Mining LtdSayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is a company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. Please visit us as at www.sayonamining.com.au

 


Contact

Corey Nolan
Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au



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