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nine_inch_nerd 13 mei 2024 16:04

Boren, boren, ook nog bij NAL....

Sayona Mining Limited has lodged the following announcement with the ASX:
"New high-grade zones discovered at North American Lithium"

Highlights

New drilling at North American Lithium (NAL) operation with results from 91 drillholes and wedges totalling 26,605m has identified high-grade lithium mineralisation to the north-west, north-east, south-east and below the Mineral Resource Estimate (MRE) pit shell.

North-West Extension – New Pegmatites
32.88m @ 1.72% Li2O from 269.62m in drillhole LAN-23-094
19.35m @ 1.63% Li2O from 346.72m in drillhole LAN-23-095
20.05m @ 1.60% Li2O from 350.75m in drillhole LAN-23-139-W1

Resources Area – Potential Resources Upgrade or Conversion
47.50m @ 1.29% Li2O from 402.85m in drillhole LAN-23-034
25.65m @ 1.56% Li2O from 320.75m in drillhole LAN-23-044
43.25m @ 1.48% Li2O from 377.75m in drillhole LAN-23-053A
17.95m @ 1.81% Li2O from 168.80m in drillhole LAN-23-062
21.40m @ 1.43% Li2O from 46.95m in drillhole LAN-23-075
57.65m @ 1.54% Li2O from 334.85m in drillhole LAN-23-080
21.90m @ 1.46% Li2O from 138.50m in drillhole LAN-23-085
22.80m @ 1.36% Li2O from 106.30m in drillhole LAN-23-118

Additional, new pegmatites discovered to the south-east and north-east of the existing MRE.
Assay results pending for additional 24 drillholes (4,592m) of the 2023 drilling campaign.
North American lithium producer Sayona Mining Limited (Sayona) (ASX:SYA; OTCQB:SYAXF), announces the discovery and expansion of new mineralised zones at the Company’s North American Lithium (NAL) operation (SYA 75%; Piedmont Lithium 25%) in Québec, Canada.

The newly discovered zones are poised to become a focal point for NAL’s assessment of future mining options. Initial assessments indicate the presence of high-grade lithium mineralisation outside the MRE pit shell which may represent a substantial addition to NAL’s resource portfolio and may contribute to extending NAL’s life of mine.

The 2023 drill program has successfully highlighted the potential of the NAL mine located in Québec’s highly prospective Abitibi-Temiscamingue region and confirm the possible conversion of Inferred resources to ASX Announcement ACN 091 951 978 13 May 2024 2 xx April 2024 ACN 091 951 978 Measured and Indicated categories within the MRE pit shell. The program aimed to increase and secure the resource base of the operation while targeting a high reserve conversion rate.

Sayona’s Interim CEO, James Brown commented, “We are very excited by these new discoveries at North American Lithium which highlights the potential of this asset with high-grade mineralisation defined to the north-west, north-east, south-east and below the existing MRE. The team at NAL will now be working to update the Mineral Resource incorporating these significant results. We look forward to continue testing the mineralisation at NAL with further drilling underway

wcsecure.weblink.com.au/pdf/SYA/02806...
finance.yahoo.com/news/high-grade-zon...

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