Quarterly Activities Report
Brisbane, Jan 31, 2020 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
ASX:SYA) (DML:FRA) (DMNXF:OTCMKTS) announced its activities report for the December quarter 2019, as it continues to advance its lithium projects in Canada and Australia amid growing demand for the metal of the 21st century.
Quarter Highlights
- Revised Definitive Feasibility Study (DFS) for Authier Lithium Project shows boost to profitability, with estimated net present value (NPV) increasing to C$216 million from previous study's C$184.8m
- Agreement signed with First Nation Abitibiwinni for exploration phase of Authier project as Sayona advances approval process
- Potential for a new lithium deposit at the Viau-Dallaire prospect, located within the Company's Tansim Lithium Project in Quebec
- World class team assembled to support Sayona's bid for North American Lithium (NAL), with leading technical skills, managerial expertise and financial capacity
- Work progressing on WA tenements under earn-in agreement with leading lithium producer, Altura Mining.
To view the quarterly report, please visit:
https://abnnewswire.net/lnk/V0P3JK03
About Elevra Lithium Limited
Elevra Lithium Limited (ASX:ELV) (NASDAQ:ELVR) is a dual-listed lithium producer and developer, supplying a reliable, secure and sustainable source of this critical mineral at the heart of global electrification.
Headquartered in Brisbane, Australia, Elevra has a globally diversified portfolio of world-class lithium assets across Quebec, North Carolina, Ghana, and Western Australia. Elevra was formed through the merger of Piedmont Lithium and Sayona Mining.
By combining operational excellence with disciplined asset management, we strive to maximise efficiency, drive superior shareholder value, and create lasting benefits for all stakeholders.
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