Sayona enhances Pilbara lithium project with new acquisition

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Image credit: www.sayonamining.com.au

Sayona Mining is continuing to advance its lithium exploration portfolio with a new application of 140km2 at Cooglegong, covering the northern part of the Shaw River tin filed in the Pilbara district of Western Australia.

Image credit: www.sayonamining.com.au
Image credit: www.sayonamining.com.au

The company has now secured tenement applications totalling 764km2 in the Pilbara region, and 843 km2 in Western Australia.

Sayona, which recently acquired two new project areas at Friendly Creek (ELA47/3475) and West Wodgina (ELA45/4726) in the Pilgangoora district in WA, said the field covers an area of historic tin mining and is host to numerous pegmatites of albite composition.

According to the company, the presence of Tantalum has also been confirmed in the area, indicating the potential presence of rare metal, lithium prospective pegmatite systems.

“Mineralisation is hosted in pegmatite related to a “newer” granite, the Spearhill Adamellite. The Cooglegong application (ELA 45/4738) secures part of this intrusion and the surrounding Shaw River batholiths, and greenstone remnants,” the company said in a statement to the ASX.

“The area has never been explored for its lithium potential, but the presence of rare metal pegmatites, an evolved albite composition and presence of suitable host rock indicates an elevated prospectivity.”

Sayona said it is exploring the project for its potential to host the albite – spodumene class of rare metal pegmatite and is developing a range of methodologies to efficiently test its large Pilbara regional project area.