Sayona Mining Ltd (ASX:SYA) Developing an Advanced Lithium Project with JORC Ore Reserves and a Completed Pre-Feasibility Study

Sourcing the raw materials of the future

Brisbane, May 29, 2017 AEST (ABN Newswire) - Sayona Mining Ltd (ASX:SYA) (DMNXF:OTCMKTS) is pleased to provide the Company's latest Investor Presentation titled "Developing an Advanced Lithium Project with JORC Ore Reserves and a Completed Pre-Feasibility Study".

Sayona Mining's strategy is to power the future by sourcing and developing the raw materials essential for lithium-ion battery production.

Sayona Value Proposition

- Authier is an advanced, de-risked project. Pre-Feasibility Study and Ore Reserve completed

- 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$140 million and low enterprise value compared to industry peers

- Board and management team have track record of delivering projects

Assessing Value Adding Opportunities

- Lower-value Concentrates
Sell lower-value concentrates to battery converters in Canada or China
o Concentrate sell at >US$750/t

Benefits from value-adding concentrates
o Reduces transport costs
o Hydroxide key feed-stock to new revolution lithium-ion batteries
o Low processing technology risk
o Significant price premium paid for value-added products

- Value-Added Lithium
Sell value-added lithium products to battery manufacturers across the world
o Lithium hydroxide sells for >US$20,000/t

Quebec location advantages
o Leverages low-cost energy
o Skilled low-cost, workforce
o Close to the US battery markets
o Favourable taxation regime
o Acid for processing readily available

To view the full presentation, please visit:
http://abnnewswire.net/lnk/7U3E1ULQ


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