Wildcat Resources - Tabba Tabba PFS
Brisbane, Aug 1, 2025 AEST (ABN Newswire) - North American lithium producer Sayona Mining Limited (
ASX:SYA) (DML:FRA) (SYAXF:OTCMKTS) advises that the Company has become aware of an ASX release by Wildcat Resources ("Wildcat") (ASX:WC8) on Tuesday, 29 July 2025 that may cause some confusion for Sayona shareholders.
The Wildcat release entitled "Tabba Tabba pre-feasibility study confirms potential for long-life lithium mine in Pilbara, WA" dated 29 July 2025 ("Wildcat Release") indicates that key infrastructure related to Wildcat's proposed Tabba Tabba Lithium mine is located on ground the subject of E45/2364 over which Sayona holds Lithium exploration and development rights.
Sayona can confirm to its shareholders that its exploration activities will continue and that there is currently no agreement or licence in place which would allow Wildcat to develop the proposed infrastructure over this highly prospective tenement.
While Sayona acknowledges that Wildcat has applied for various miscellaneous licences over E45/2364, it fails to mention that these applications have been objected to by parties with an interest in E45/2364 and remain subject to Wardens Court proceedings. In addition, in Section 2, of the JORC Code Table 1 (page 23 of the Wildcat Release), Wildcat states that there are "no known impediments" to obtaining a licence to operate in the area. Again, this is misleading for the reasons set out above.
Shareholders are assured that Sayona will vigorously defend the integrity of the Company's tenements and rights to fully test the high potential Lithium targets that are being developed in this area.
Sayona makes this clarification to ensure that the market is fully informed and not misled in relation to the status of the Tabba Tabba exploration project (on E45/2364).
About Elevra Lithium Limited
Elevra Lithium Limited (ASX:ELV) (NASDAQ:ELVR) is North America's largest hard-rock lithium producer with a diversified portfolio of high-quality assets across Quebec Canada, the United States, Ghana and Western Australia.
Our flagship operation, the North American Lithium (NAL) mine in Quebec, Canada has successfully ramped up production of spodumene concentrate, supported by ongoing operational enhancements to increase recovery rates, throughput, and mill utilisation. Following a Mineral Resource upgrade, Elevra completed a Scoping Study for a brownfield expansion to increase NAL's annual spodumene concentrate production and reduce unit operating costs.
Complementing NAL, the Moblan Lithium Project in northern Quebec represents one of the largest undeveloped spodumene resources in North America, with a Mineral Resource of 121 Mt @ 1.19% Li2O.
Development activities are progressing with feasibility studies targeting a large-scale, long-life operation capable of supplying both domestic and international markets.
In Western Australia, Elevra holds an extensive portfolio of lithium and gold tenements, where exploration programs are advancing to unlock additional growth opportunities. Meanwhile, in the United States, our Carolina Lithium Project offers a strategic foothold in the downstream lithium chemicals market and our project in Ghana provides a further option for future growth.
Looking ahead, Elevra is focused on strategic downstream partnerships to enable further value-added lithium production, positioning the Company to deliver a secure, sustainable supply of critical minerals to global customers. Together, these assets establish Elevra as a growth-focused supplier supporting the global energy transition.
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