Quarterly Activities Report
Brisbane, April 30, 2019 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) announced today its quarterly report for the March quarter 2019, as it continues to advance its lithium projects in Canada and Australia amid growing demand for the metal of the 21st century and constrained supply.
Highlights
- Production rate for Authier Lithium Project, Quebec to increase under revised mining lease application as development plans continue for sustainable and profitable new mine
- Positive drilling results boost prospects for new lithium deposit at Tansim Lithium Project, Quebec; project expands further with Lac Simard acquisition
- Agreement to acquire 100% of Great Sandy Option in WA finalised, in world-class Pilgangoora lithium district.
To view the full report, please visit:
http://abnnewswire.net/lnk/0U49V003
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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