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Sayona Mining Ltd (ASX:SYA) Expands Tansim Project as Lithium Demand Accelerates
Expands Tansim Project as Lithium Demand AcceleratesBrisbane, Mar 11, 2021 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
Highlights
- Sayona expands Tansim Lithium Project, Quebec following acquisition of 90 additional claims, increasing project size to 15,907 ha, a 44% increase in lithium acreage
- Ex-North American Lithium (NAL) COO Yves Desrosiers appointed director of Authier Lithium Project, including responsibility for the BAPE process, as Sayona Quebec advances project approvals.
Located 82 kilometres south-west of the Company s flagship Authier Lithium Project, the Tansim project now encompasses 275 claims spanning 15,907 ha of prospective lithium acreage, up 44% on the previous holding. A drilling program set to commence comprising 26 drill holes for 4,200m aims to expand the lithium mineralisation following previous diamond core drilling and complete a
Sayona Mining Ltd (ASX:SYA) Half Yearly Report and Accounts
Half Yearly Report and AccountsBrisbane, Feb 8, 2021 AEST (ABN Newswire) - During the period, Sayona Mining Ltd (
OTCMKTS:DMNXF) ( the Group ) acquired an additional 11 claims within the project area. In addition, the final option payment was made in December 2020 to acquire the final 50% interest in claims subject to the option agreement.
Further exploration work is planned at Tansim in 2021, including reconnaissance sampling at the new acreage and Phase 2 drilling at the Viau-Dallaire prospect.
NORTH AMERICAN LITHIUM MINE & PLANT
North American Lithium (NAL) has a lithium mine and concentrator located in Abitibi, near the established mining district of Val d Or, Quebec.
Sayona Mining Ltd (ASX:SYA) Invests In WA Exploration Assets
Invests In WA Exploration AssetsBrisbane, Feb 3, 2021 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
Highlights
- Sayona to invest in Western Australian gold and lithium assets, with new exploration campaign across 100% owned Pilbara portfolio
- Geophysical targeting at Mt Dove Gold Project progresses with Hemi-style feature identified
- Regional magnetic survey planned to progress drill targets, with follow-up drilling planned amid continued high gold prices
- Lithium portfolio covering 929 sq km in world-class Pilgangoora district advances with commencement of drill planning at Mallina project.
The Company s initial focus is on intrusion-related gold mineralisation, similar to De Grey Mining s Hemi discovery, while it also plans to advance its lithium assets following the resumption of full ownership of its portfolio (refer ASX release 24 November 2020).
Sayona Mining Ltd (ASX:SYA) Quarterly Activities Report
Authier Lithium Project
Sayona continues to refine its flagship Authier Lithium Project for potential enhancements to its profitability, with the project set to play a key role in the Company s planned multi-project Abitibi lithium hub.
As part of these enhancements, post-quarter, Sayona announced on 26 January 2021 a planned C$2 million drilling program in Quebec s late winter at both Authier and the emerging Tansim Lithium Project.
At Authier, the Company plans 31 drill holes for a total of 4,500m of diamond drilling, with a goal of expanding current ore resources and improving the strip ratio to enhance its profitability. The results are expected to show significant improvements to the project, which has the potential to generate new jobs and investment for the benefit of Quebec and wealth for shareholders.