Lion One Metals

Sayona Mining: Authier Phase 3 Drilling Program Targets Resource Expansion

Paddington, QLD / January 15, 2018 / JMN Wire / Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce that the Phase 3 drilling program has recommenced at the Authier lithium project in Quebec, Canada.

The objective of the diamond drilling is to expand and optimise, the resource and reserve position for incorporation into the Definitive Feasibility Study (“DFS”), including:

  • Drilling at depth and within the eastern and western sectors at shallow levels to provide better definition and potential expansion of the orebody - see Figure 1;
  • Potential expansion of the northern pegmatite zone where a small JORC Mineral Resources was defined as part of the Optimised Pre-Feasibility Study (see ASX release, Authier JORC Mineral Resource Update, 11th December 2017) – see Figures 1&2;
  • Infill definition drilling within the main resource zone where the mineralisation is not as well defined and is currently treated as waste for the Ore Reserve estimation; and
  • Converting inferred resources into a higher resource classifications by further higher density drilling (resource areas shown in blue in Figure 1).

Sayona Mining Limited 1 15 2018

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Azincourt Energy

Azincourt Energy

Azincourt Energy is a Canadian resource company specializing in strategic acquisition, exploration and development of alternative energy/fuel projects focusing on uranium, lithium, cobalt and other critical energy and fuel elements. Azincourt is actively building a portfolio of projects that will meet the world’s increasing need to power the future. Currently the Company is developing uranium projects in the Athabasca basin as well as lithium pegmatite projects in Manitoba... LEARN MORE

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