Itabela Drilling Program Update
Brisbane, Mar 8, 2016 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) ("Sayona" or the "Company") is pleased to announce an update on the drilling program at the Itabela graphite project in Brazil.
By the end of the first weeks drilling, a total of 902 metres had been completed in 17 holes at the Sao Manuel prospect. The holes were designed to verify grades from previous auger drilling and to test the strike and lateral extensions of the known mineralisation.
Visible large, jumbo and super jumbo flake graphite has been consistently observed in most drill intersections, and along road cuttings exposed by surface earthworks to prepare drill access and pads (see attached photos).
The graphite mineralisation is hosted in a sequence of very deeply weathered, saprolitic paragneiss which extends from the surface down to 84 metres, the limit of current drilling. The deposit will be amenable to simple low cost mining techniques without drilling and blasting, and low cost processing.
It is anticipated the drilling the program will be completed by the end of March.
To view figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SYA-911302.pdf
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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