March 2020 Quarterly Activities Report
Brisbane, April 30, 2020 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
ASX:SYA) (DML:FRA) (DMNXF:OTCMKTS)announced today its activities report for the March quarter 2020, as it continues to advance its lithium projects in Canada and Australia amid growing demand for the metal of the 21st century.
Quarter Highlights
- Sayona submits bid for North American Lithium (NAL) backed by a world-class support team
- New environmental impact study (EIS) for Sayona's flagship Authier Lithium Project filed with Quebec regulators, completing another important step in the regulatory approval process
- Quebec government strengthens support for the province's lithium industry with an additional C$90 million budget investment in strategic minerals sector; investment arm's budget increased to C$5 billion to support local industry
- AUD$4.3m renounceable rights issue launched to progress Sayona's key projects in Quebec
To view the quarterly report, please visit:
https://abnnewswire.net/lnk/WN40Z89M
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 the Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. 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.
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