Brisbane, Australia (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the commencement of its maiden drilling program at the Mallina project in Western Australia.
The 30 hole, 2,500 metre maiden drilling program has been designed to test the mineralisation potential of six of the spodumene pegmatites identified at Mallina to date. The prime focus of the program is targeting two large recently discovered pegmatite systems, including:
- Eastern No.2 Pegmatite - strikes over 1,300 metres with high-grade lithium assays up to 3.55% Li2O; and
- Eastern No.3 Pegmatite - strikes over 1,400m strike length with high-grade lithium to 1.95% Li2O.
Drilling will test for fresh rock for lithium mineralisation and characterise the geology of the pegmatite intrusions and define their broad geometry. Drilling will be carried out over the Eastern group of pegmatites and the Western Discovery area (see figures 1 and 2 in the link below). The program is expected to be completed in early July.
The Mallina project, located in the world-class Pilgangoora lithium district of Western Australia, hosts albite-spodumene pegmatite mineralisation (see Figure 3 in the link below). The Company has an option to acquire an 80% interest in a portfolio of new prospects totalling 871 km2 including the Mallina prospect.
To view figures, please visit:
http://abnnewswire.net/lnk/69X88L4C
About Sayona Mining Ltd:
Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is a company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. Please visit us as at www.sayonamining.com.au
Source:
Sayona Mining Ltd
Contact:
Corey Nolan
Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au
Source: ABN/Asia Business Newswire
(June 12, 2017 - 6:56 PM EDT)
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