Authier Lithium Project - Fast Tracking Towards Production and Cashflow

Sayona Mining Ltd (ASX:SYA) (OTCMKTS:DMNXF) provides the Company's latest Presentation at Energy and Battery Minerals Investor Conference.

Sayona - At a Glance

- Australian-based, ASX listed lithium exploration and development company

- Primary objective is to fast-track development of the advanced Authier Lithium Project

- Targeting first production at Authier in late 2019 / early 2020

- Significant portfolio of lithium exploration properties in Australia and Canada

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

Sayona Investment Proposition

- Authier is an advanced, de-risked project. DFS underway

- Executing a plan to get into production and generate cash flow - low capital hurdle & competitive operating costs

- Located in a first world country with access to world-class, low-cost infrastructure

- Base case pre-tax NPV of A$227 million and low enterprise value per tonne of resources compared to industry peers

- Opportunity to value-add Authier concentrates and create significant shareholder value - $794m pre-tax NPV

- Board and management team have track record of delivering projects

To view the full presentation, please visit:
http://abnnewswire.net/lnk/R27J1KHA


About Sayona Mining Ltd

Sayona 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.

The Company's primary focus is the development of the Authier Lithium deposit in Quebec, Canada however exploration for additional lithium deposits is also ongoing in the Authier region and in the Pilbara of Western Australia where the Company has an extensive lithium exploration package of tenements.

 

Contact

Sayona Mining Ltd
T: +61-7-3369-7058
E: info@sayonamining.com.au
WWW: www.sayonamining.com.au



Link: Presentation Energy and Battery Minerals Investor Conference



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Related Industry Topics:
Materials General Mining Lithium