Sayona commences drilling at Authier Lithium project in Canada

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Diamond drilling rig on the first drill pad Image credit: Sayona Mining ASX release

Sayona Mining has commenced resource definition drilling campaign at the Authier lithium project in Quebec, Canada, which the company acquired earlier this year for CAD$4 million.

Diamond drilling rig on the first drill pad Image credit: Sayona Mining ASX release
Diamond drilling rig on the first drill pad
Image credit: Sayona Mining ASX release

According to the company, the diamond drilling program will comprise between 5,000 – 6,000 metres with a view to converting the inferred mineral resources to measured and indicated through further drilling.

It will also aim to increase the drill density to convert mineral resources to reserves and explore for extensions to the existing mineral resources and other potential mineralisation within the tenement package.

The program will collect geotechnical and hydrological data for incorporation in the Authier Feasibility Studies and provide additional drill core for any metallurgical testing that may be required to complete a Bankable Feasibility Study, planned for 2017.

Sayona’s CEO Corey Nolan said the drilling program was designed to improve the overall quality and expand on the size of its exiting JORC 2012 compliant Mineral Resource estimate. According to him, the project has more than 15,000 metres of diamond drilling in 123 holes, and 2,143 assay samples.

“This resource definition drilling is expected to enhance the quality and scale of the resource that will be used in the Pre-Feasibility Study,” Mr Nolan remarked.

“Once the Pre-feasibility Study is completed, the Company plans the rapid completion of a Bankable Feasibility Study, securing off-take agreements and project financing.”