Sayona Mining: Geophysics Confirm Targets for Identifying New Pegmatites
Paddington, QLD / March 21, 2018 / JMN Wire / Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce the completion of an airborne geophysics survey at the Tansim lithium project in Quebec, Canada.
The survey has confirmed a strong east-west magnetic anomaly coincident with surface mapping of pegmatites over an area 9 kilometres long and up to 700 metres wide – see Figure 1. The host intermediate/mafic magnetic rocks confirmed through the survey have been intruded by discrete outcrops of sub-parallel lithium, beryllium, and tantalum-bearing, granitic pegmatite dykes. Mapping, sampling and drilling will be required to define the geometry of the pegmatites.
Corey Nolan, Chief Executive Officer, commented “The Company is planning to commence exploration as soon as the winter snow has melted and its can get clear access to the property. The Company will draw on its significant experience and expertise in lithium geology in the region, developed through more than 20,000 metres of drilling and exploration at Authier.”
- Airborne geophysics confirms large east-west structural corridor extending over 9 kilometres where pegmatite dykes have been mapped and sampled on surface
- Pegmatites within the magnetic corridor include channel sampling intersections up to 18.95 metres @ 0.94% Li20, and selective rock chips of between 2.04% and 2.87% Li20
- Mapping and sampling to confirm drill targets to commence in April