Novo Resources

Sayona Mining: Authier Lithium Project JORC Mineral Resource Expansion

West Perth, WA / April 12, 2018 / JMN Wire / Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce an updated independent JORC Mineral Resource estimate for the Authier lithium project.

The expanded, JORC 2012 compliant Mineral Resource estimate has been increased from 186,939 tonnes to 209,476 tonnes of contained lithium oxide compared to the November 2017 estimate. The new resource includes in-pit, infill mineralisation in the eastern and central part of the Authier Main resource, and a depth extension of the Main Authier pegmatite in the west zone. In addition, The Northern Pegmatite resource has been expanded to include new mineralisation from the Phase 3 drilling program which extended the mineralised strike from 300 metres to 500 metres.

Highlights

  • Mineral Resource increased following Phase 3 drilling program
  • 86% of the new Mineral Resource in the Measured and Indicated categories
  • Potential to expand the resource through further drilling
  • Expanded Mineral Resource to be incorporated into the Definitive Feasibility Study

Sayona Mining Limited 4 12 2018

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