- Latest results for 94 new drillholes totalling 20,735m for Sayona’s
Moblan Lithium Project ,Québec, Canada with highlights including:- South Pegmatites:
- 40.70m @ 1.52% Li2O from 130.50m in drillhole 1331-23-537
- 78.20m @ 1.55% Li2O from 51.50m in drillhole 1331-23-679
- 57.05m @ 1.48% Li2O from 41.15m in drillhole 1331-23-684
- Inter Pegmatites:
- 44.75m @ 1.41% Li2O from 250.15m in drillhole 1331-23-461
- 49.70m @ 1.61% Li2O from 143.30m in drillhole 1331-23-503
- 45.00m @ 1.17% Li2O from 291.50m in drillhole 1331-23-513
- Moleon Pegmatites:
- 30.20m @ 1.73% Li2O from 158.80m in drillhole 1331-23-552
- 44.25m @ 1.29% Li2O from 214.00m in drillhole 1331-23-582
- 42.75m @ 1.85% Li2O from 176.80m in drillhole 1331-23-583A
- 36.85m @ 1.77% Li2O from 181.95m in drillhole 1331-23-584
- 43.90m @ 1.66% Li2O from 139.90m in drillhole 1331-23-585
- South Pegmatites:
- Potential connection between Main and Moleon MRE pit shells supported by significant drilling results obtained from the Inter Pegmatite Area (Figure 1).
- Potential additional mineral resources and conversion from Inferred to Indicated mineral resources in current resource pit shells.
- Assay results pending for additional 34 drillholes (7,852m) of the 2023 drilling campaign.
The drilling program was designed to test extensions to mineralisation and provide in-fill data for the upgrade of Mineral Resource categories. Individual dykes have been documented and modelled comprising the
The new drillhole results reinforce the project’s status as the centrepiece of Sayona’s
Sayona’s Interim CEO,
“The results reported today have highlighted extensions to known mineralisation and most significantly a number of new zones of mineralisation. The drilling has also identified mineralisation between known zones and MRE pit shells which has the potential to increase the mineral resource estimate.
“We are receiving and assessing further drilling results from the 2023 program and will report those to shareholders as soon as possible. Additionally, we have now commenced a further drilling program to be completed throughout 2024.
“Moblan forms the centrepiece of our
For more information, please contact: Investor Relations Ph: +617 3369 7058 Email: ir@sayonamining.com.au | For community and local media enquiries, please contact: Communications and Community Relations Ph: +1 819 856-3288 Email: bianca.galimi@sayona.ca |
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About Investissement Québec
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Competent and Qualified Person Statement
The information in this announcement relating to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr.
Forward Looking Statements
This press release contains certain forward-looking statements. Such statements include, but are not limited to, statements relating to "reserves" or "resources". Forward-looking statements are based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond Sayona’s control. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such forward-looking statements.
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