Sayona Mining Ltd.: Lithium Identified In First Sampling Program at Mt Edon
04.05.2016 | ABN Newswire
Brisbane - Sayona Mining Ltd. (ASX:SYA) is pleased to announce the results of an orientation rock sampling program at the Mt Edon project, Western Australia.Highlights:
- Orientation rock sampling of pegmatites at Mt Edon returns up to 1.05% Li2O
- Results define lithium anomalous pegmatite coincident with radiometric signature
- Extensive pegmatite system remains unexplored
- Targets identified for further geochemistry and evaluation
The assay results have defined a number of lithium anomalous pegmatite systems. The pegmatites also contained anomalous tantalum, rubidium and cesium, indicative of rare metal pegmatites.
The peak lithium assay of 1.02% Li20 was returned from a pegmatite only recently identified in the Company's initial appraisal of the area. Other anomalous results nearby define a 400 metre wide package of pegmatites which is the high priority target (Figure 1 - eastern anomaly, see link below).
The orientation sampling programme, comprising 58 rock samples and 18 soil samples was carried out to provide baseline geochemical information to help characterise the pegmatite system and target spodumene albite pegmatite, the companies exploration focus.
Interpretation of results is continuing and petrology will be carried out to help identify the nature of the host pegmatite system, which comprises over 70 pegmatites along a 4 kilometre strike extent. Six main target areas have been identified from the data and these, together with other radiometric targets yet to be visited will be tested by geochemical sampling, which will commence shortly.
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About Sayona Mining Ltd:
Sayona Mining Ltd. (ASX:SYA) is an Australian, ASX-listed, company focused on sourcing and developing high purity flake graphite for use in the rapidly growing new technology sectors and industrial sectors.
Contact:
Sayona Mining Ltd.
Corey Nolan, Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au
