Sayona Mining Limited (ASX:SYA) Reports High-Grade Lithium Drill Results
High-Grade Drill Intercepts Confirm Resource Expansion
Sayona Mining Limited (ASX:SYA) has released results from 99 new drill holes totaling 28,513.95 metres at its Moblan Lithium Project in Québec, Canada. The latest assays reveal thick, high-grade lithium intercepts across multiple areas, including South, Main, Inter, and Moleon pegmatite zones. Notable results include 82.80m @ 1.35% Li₂O and 60.65m @ 1.87% Li₂O, demonstrating the potential for significant resource growth and expansion at depth.
In-Pit Drilling Supports Resource Upgrades
Within the current Mineral Resource Estimate (MRE) pit shell, lithium mineralisation shows strong grade continuity and thickness. This supports the potential conversion of inferred resources to indicated and measured categories. Additional assay results from 116 drill holes are pending and expected to further enhance the resource estimate in 2025.
Executive Comments
CEO Lucas Dow stated, “Moblan continues to emerge as a world-class lithium deposit with significant scale and growth potential. These results further confirm the consistency of high-grade mineralisation across key zones, highlighting strong potential for resource expansion and upgrades. With a substantial number of assays still pending, we’re confident that Moblan will play a central role in meeting the growing global demand for lithium and delivering long-term value to our shareholders.”
Motley Fool contributor Lauren Surplice has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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