Perth based Sayona Mining Limited (ASX:SYA) has this week announced results from its latest drilling program underway at the Malina spodumene pegmatite project in the Pilgangoora district of Western Australia.
The results included drilling of a total of 30 holes of an overall area of 2225m across the Area C, Discovery and Eastern Pegmatite prospects. The drilling assay results include:
- Area C – 4m @ 2.18% Li2O from surface, including a peak assay value of 3.18% Li2O over 1m from 2m in hole SMRC040
- Discovery – 6m @ 1.64% Li2O from 17m in hole SMRC04
- Eastern – 20m @ 1.12% Li2O in hole SMRC042 from 4m
The discovery of spodumene pegmatite has provided positive evidence that the project can host economic grades of lithium mineralisation. The company plans to undertake further drilling to understand the pegmatites in greater detail.
Sayona’s Managing Director, Dan O’Neill said:
“The Company is pleased that the drilling has identified spodumene pegmatite from surface, which remains open along strike to the north. This is only the second round of Sayona’s drilling at the 100km2 Mallina project, which has not previously been drilled for its lithium potential.
“Mallina adds to our other prospective projects in Western Australia including Moolyella and Tabba Tabba, providing the potential for further upside while we progress our flagship Authier Lithium Project in Canada towards near-term production for the benefit of all shareholders.”