Quarterly Activities Report
Brisbane, Oct 31, 2018 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") is pleased to announce the activities report for the quarter.
Highlights
- Positive Definitive Feasibility Study for Authier Lithium Project shows potential for a profitable and sustainable new lithium mine
- Increased Ore Reserve estimate for Authier to 12.1 million tonnes
- Encouraging high-grade lithium assays from Tansim
- Drilling at Mallina identifies spodumene pegmatites
- Tabba Tabba project advanced with new lithium anomalies identified and drilling planned
- Executive team strengthened with new Canadian VP to drive Authier development
The completion of the Definitive Feasibility Study (DFS) for the Authier Lithium Project (Authier) in Canada will be a transformative event for Sayona as is evolves to the development stage. The Company is well funded to enable it to complete Authier permitting activities and move into the engineering, procurement, construction and management phases, and drilling of two prospective Western Australian lithium projects.
To view the full report, please visit:
http://abnnewswire.net/lnk/97ITYY2N
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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