New high-grade zones found at North American Lithium

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BRISBANE, Australia, Might 13, 2024 (GLOBE NEWSWIRE) —

• New drilling at North American Lithium (NAL) operation with outcomes from 91 drillholes and wedges totalling 26,605m has recognized high-grade lithium mineralisation to the north-west, north-east, south-east and under the Mineral Useful 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

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• Sources Space – Potential Sources Improve 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

• Extra, new pegmatites found to the south-east and north-east of the present MRE

• Assay outcomes pending for added 24 drillholes (4,592m) of the 2023 drilling marketing campaign.

North American lithium producer Sayona Mining Restricted (Sayona) (ASX:SYA; OTCQB:SYAXF), pronounces the invention and growth of latest mineralised zones on the Firm’s North American Lithium (NAL) operation (SYA 75%; Piedmont Lithium 25%) in Québec, Canada.

The newly found zones are poised to grow to be a focus for NAL’s evaluation of future mining choices. Preliminary assessments point out the presence of high-grade lithium mineralisation outdoors the MRE pit shell which can symbolize a considerable addition to NAL’s useful resource portfolio and should contribute to extending NAL’s lifetime of mine.

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The 2023 drill program has efficiently highlighted the potential of the NAL mine situated in Québec’s extremely potential Abitibi-Temiscamingue area and ensure the attainable conversion of Inferred sources to Measured and Indicated classes inside the MRE pit shell. This system aimed to extend and safe the useful resource base of the operation whereas concentrating on a excessive reserve conversion price. A number of assays outcomes are displayed in Desk 1 and Determine 1.

Sayona’s Interim CEO, James Brown commented, “We’re very excited by these new discoveries at North American Lithium which highlights the potential of this asset with high-grade mineralisation outlined to the north-west, north-east, south-east and under the present MRE. The group at NAL will now be working to replace the Mineral Useful resource incorporating these important outcomes. We look ahead to proceed testing the mineralisation at NAL with additional drilling underway.”

For the complete launch please go to: https://clients3.weblink.com.au/pdf/SYA/02806020.pdf

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About Sayona Mining

Sayona Mining Restricted is a North American lithium producer (ASX:SYA; OTCQB:SYAXF), with tasks in Québec, Canada and Western Australia.

In Québec, Sayona’s property comprise North American Lithium, along with the Authier Lithium Mission, and Tansim Lithium Mission, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. Sayona additionally holds a 60% stake within the important Moblan Lithium Mission in northern Québec.

In Western Australia, the Firm holds a big tenement portfolio within the Pilbara area, potential for gold and lithium. Sayona is exploring for Hemi‐fashion gold targets on the earth‐class Pilbara area, whereas its lithium tasks embody Firm-owned leases and people topic to a three way partnership with Morella Company.

For extra info, please go to us at: www.sayonamining.com.au

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