Quarterly Activities Report
Quarterly Activities Report
Brisbane, April 30, 2018 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the activities report for the quarter.

Highlights

- Successful completion of the Phase 3 drilling program at Authier

- Authier JORC Mineral Resources upgraded

- Authier environmental studies advancing towards completion

- Authier pilot metallurgy program commenced with initial encouraging results

- $15 million capital raising announced

Activities:

- Authier, Canada - major focus on completion of the Definitive Feasibility Study and permitting activities required for the fast-track development of the project;

- Western Australian Lithium, Australia - rock chip and soil sampling programs completed at Mallina and Deep Well; and

- Capital raising - subsequent to the end of the quarter, a $15 million capital raising comprising an $11 million placement (which is completed) and $4 million rights issue were announced.

To view the full report, please visit:
http://abnnewswire.net/lnk/982IL0DM


About Sayona Mining Ltd

Sayona Mining LtdSayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is an Australian-based, ASX-listed (SYA) 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. Sayona's primary objective is developing the Authier lithium project in Quebec, Canada. Authier is an advanced, development project, construction forecast to commence in early 2019 and first concentrate production in early 2020. 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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