Quarterly Activities Report
Brisbane, Oct 31, 2022 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
ASX:SYA) (DML:FRA) (SYAXF:OTCMKTS) has made further advances towards the restart of lithium production at its North American Lithium (NAL) operation in Quebec, Canada, as highlighted in this Quarterly Activities and Cashflow Report for the September quarter 2022.
Quarter Highlights
Quebec, Canada
- North American Lithium (NAL) restart on track for first production in Q1, 2023 with permitting and procurement nearing completion and additional management and staff engaged
- Quebec company, L. Fourner & Fils, appointed as contractor to restart mining operations at NAL
- Sayona promoted to S&P/ASX200 Index, reflecting substantial growth in market value.
Western Australia
- Morella capital raising completed to support exploration of Morella/Sayona earn-in tenure
- Sayona exploration continues, repositioning to lithium focus over 100% owned tenements.
Post-Quarter
- Pre-feasibility study (PFS) launched for production of lithium carbonate at NAL
- PFS commenced for Moblan Lithium Project, targeting development of lithium mine and concentrator
- Quebec company, Solurail Logistique Inc appointed to transport spodumene (lithium) concentrate from NAL to port
- Annual General Meeting to be held on 16 November 2022 from 11.00am (AEDT), both in person in Brisbane, Queensland and online.
*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/W91BH216
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 its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (ASX:PLL). 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 (ASX:1MC).
| ||
|
