Sayona receives permits to commence drilling at Authier lithium project

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Image credit: www.sayonamining.com.au

Sayona Mining has received the required permits to commence drill testing the Authier lithium project in Quebec, Canada.

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

Scheduled to commence in early September, the planned diamond drilling program will explore for extensions to the existing mineral resources and other potential mineralisation within the tenement package.

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

“The Company is pleased to have quickly received its remit for the drilling programme. The resource definition drilling is expected to enhance the quality and scale of the resource that will be used in the Pre-Feasibility Study,” said Sayona CEO Corey Nolan.

Adertisement

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

Authier is a near-term development project which Sayona acquired earlier this year for CAD$4 million.

The project has been drilled extensively, with mineralisation hosted in a spodumene-bearing pegmatite intrusion with more than 15,000 metres of drilling in 123 holes.