Corkwood Geophysical Program to Define Drill Targets Commences
Brisbane, Oct 12, 2015 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) is pleased to announce that it has commenced a Versatile Time Domain Electromagnetic ("VTEM") geophysical survey over the Corkwood project area within the East Kimberley project, Western Australia.
The VTEM geophysical system is considered to be the most practical and efficient method for rapid target generation over large areas such as the 20 kilometre strike extent of the Corkwood graphite structure.
The helicopter borne geophysical program will comprise approximately 320 line kilometres, with the survey covering all of the known graphite mineralisation within project area.
The principle objectives of the program are:
- Precisely define the most prospective portions of the known graphite horizons and their strike extent under cover so as to help identify areas with the thickest and best flake graphite mineralisation;
- Test the potential of parallel zones not clearly exposed or hidden at surface; and
- Define the dip and potential depth extent of the mineralisation.
The survey will take approximately three days to complete, with results available approximately two weeks after completion. Results will assist in the definition of high grade, jumbo flake graphite drill targets, with a maiden drilling program, anticipated to commence during the fourth quarter 2015.
About Elevra Lithium Limited
Elevra Lithium Limited (ASX:ELV) (NASDAQ:ELVR) is a dual-listed lithium producer and developer, supplying a reliable, secure and sustainable source of this critical mineral at the heart of global electrification.
Headquartered in Brisbane, Australia, Elevra has a globally diversified portfolio of world-class lithium assets across Quebec, North Carolina, Ghana, and Western Australia. Elevra was formed through the merger of Piedmont Lithium and Sayona Mining.
By combining operational excellence with disciplined asset management, we strive to maximise efficiency, drive superior shareholder value, and create lasting benefits for all stakeholders.
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