Authier Lithium Project Fast Tracking Towards Production and Cashflow
Sayona Mining Ltd (Authier Lithium Project
- Located 45km from Val d'Or in Quebec, Montreal (500km SE)
- Located in established mining district
- 100% owned
- Simple deposit -26,000m of drilling
- Environmental studies completed. Permitting advanced
- Well studied -PEA 2012, PFS 2017-DFS underway
Significant Value Adding Potential
1.Increase Production Capacity &/or Resource Size
- Increase plant capacity to sell more concentrates and shorten mine-life to maximise NPV
- Further drilling to expand resource base (Phase 3 underway)
2.Integrated Refinery Model
- Convert concentrates into lithium hydroxide or carbonate
- Scoping study completed -attractive economics -Pre-Tax NPV $795m
- Leverages world-class infrastructure and low energy costs in Quebec
- PFS and metallurgical test work to commence next quarter
- Project site selection underway
Growth Options Funded from Phase 1 Concentrate Sales
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About Elevra Lithium Limited
Elevra Lithium Limited is a North American lithium producer (ASX:ELV) (NASDAQ:ELVR) OTCMKTS:SYAXF) with projects in Quebec, Canada, United States, Ghana and Western Australia. In Quebec, Elevra's assets comprise North American Lithium (100%) and a 60% stake in the Moblan Lithium Project in Northern Quebec. In the United States, Elevra has the Carolina Lithium project (100%) and in Ghana the Ewoyaa Lithium project (22.5%) in joint venture with Atlantic Lithium. In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium.
Contact
Sayona Mining LtdT: +61-7-3369-7058
E: info@sayonamining.com.au
WWW: www.sayonamining.com.au
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