Drilling Commences at Mallina Project Spodumene Pegmatites
Brisbane, Sep 10, 2018 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") is pleased to report an exploration update at its 1,898km2 project area in the Pilgangoora district of Western Australia.
Highlights
- A 20 hole, 2,500m RC drill programme has commenced at Mallina over the Area C prospect and other spodumene pegmatites
- Includes first drilling over the 1,400m strike length of Area C prospect where soil anomalism and high grade spodumene rock samples to 4.60% Li2O were identified
- Other regional projects advancing, including new pegmatite identified at the Tabba Tabba project
A 20 hole, 2,500m RC drill programme has commenced at the Mallina project. The programme is principally designed as a first pass test of the 1,400m Areas C prospect, where rock chip sampling has returned spodumene mineralisation up to 4.6% Li2O.
The Mallina project, located in the world-class Pilgangoora lithium district of Western Australia, hosts multiple areas of spodumene bearing pegmatites within a 20 km2 zone (see Figure 1 in link below). The Area C prospect is the most extensive of these and is geochemically the strongest identified to date and has not been previously drill tested. The bedrock is largely obscured by thin cover and it is anticipated drilling will outline the pegmatite morphology and possible extensions to the north where the cover is deeper.
The drilling has been awarded a co-funded government grant. This incentive scheme by the State Government of Western Australia provides a rebate of 50% on direct drilling costs, up to a maximum of $150,000.
Regional exploration within the Pilbara lithium project has focussed around the Mallina, Tabba Tabba and Moolyella projects (see figure 2 in link below). At Tabba Tabba, recent geochemistry has identified four new soil anomalies which require detailed mapping and infill sampling, as well as a newly recognised LCT type pegmatite. Statutory approval to drill test three pegmatite targets has been completed and further work may increase this planned drill activity. Exploration over the project has being expedited following the discovery of spodumene pegmatite in adjacent tenure.
Dan O'Neill, Managing Director, commented "The Company is pleased to be drill testing the lithium mineralisation at the Area C prospect and advancing its other extensive ground holding in the Pilgangoora district".
To view figures, please visit:
http://abnnewswire.net/lnk/B01JQS76
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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