Form 6-K Sayona Mining Ltd For: Jul 22
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2025
Commission File Number 333-286715
SAYONA MINING LIMITED
(Translation of registrant’s name into English)
Level 28,
10 Eagle Street
Brisbane, Queensland 4000
Australia
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Moblan Final 2024 Drill Results
| • |
Final results for 116 new drillholes totalling 38,953.40m for Sayona’s Moblan Lithium Project, Québec, Canada with highlights including:
|
| o |
Inter Area Pegmatites (outside MRE 2024 pit shell):
|
| ■ |
59.55m @ 1.46% Li2O from 316.60m in drillhole SYN-24-0837
|
| o |
Potential Resources Upgrade (within MRE 2024 pit shell):
|
| ■ |
60.75m @ 1.82% Li2O from 67.50m in drillhole SYN-24-0852
|
| ■ |
54.80m @ 1.62% Li2O from 34.25m in drillhole SYN-24-0854
|
| ■ |
56.50m @ 1.47% Li2O from 226.40m in drillhole SYN-24-0834
|
| ■ |
55.65m @ 1.75% Li2O from 209.60m in drillhole SYN-24-0891
|
| ■ |
48.75m @ 1.66% Li2O from 38.25m in drillhole SYN-24-0939
|
| • |
All assay results from the 2024 drilling campaign have now been validated and released, adding 33,591 new assays from 281 drill holes (76,202 meters) to the database for the updated Resources and 3D geological
model.
|
| • |
Multiple thick, high-grade intercepts within the 2024 Mineral Resource Estimate (MRE) pit shell support conversion from Inferred to Indicated/Measured categories.
|
| • |
Drilling confirms continuity of spodumene-bearing pegmatites across all zones, particularly the sub-horizontal dykes that connect Main, South, Inter, and Moleon areas.
|
| • |
These new and recent drilling results from the 2024 program will be incorporated into a future mineral resource update in 2025.
|
North American lithium producer Sayona Mining Limited (“Sayona”) (ASX:SYA; OTCQB: SYAXF) announced today the final results from its 2024 drilling program at the Moblan Lithium
Project (Sayona 60%; Investissement Quebec 40%), further demonstrating the high-grade nature of this highly strategic asset.
Sayona is pleased to report the final results from the 2024 drilling campaign, comprising 116 diamond drill holes for a total of 38,953.40 metres. With all assays now validated and released, the program has
successfully enhanced the potential to expand Moblan’s mineral resource base. Drilling efforts focused on in-fill targets aimed at upgrading resource categories within the 2024 Mineral Resource Estimate, while also intercepting mineralisation
beyond the current pit shells in the Main, South, Moleon, and especially the Inter Area. These results support the potential conversion of Inferred resources to Indicated and Measured categories within the MRE envelope.
The exploration drilling results reported outside the current resource pit shell are grouped into four key areas: Main, South, Inter, and Moleon. The latest results confirm the continuity of spodumene-bearing
pegmatite dyke systems across these zones and particularly the sub-horizontal dykes extending from the Main and South areas into the Inter area that can be followed over 2.3 km. This release also presents new drill results located within the
existing resource pit shell, which include intercepts from all four areas
Sayona’s CEO, Lucas Dow commented: “The consistent high-grade intercepts in the Main, South, Inter and Moleon areas highlight the scale and quality of the Moblan Project as one of North America’s most promising
hard rock lithium projects. We continue to see strong grades, impressive thicknesses, and excellent geological continuity, both within and beyond the current resource pit shell. These results not only
support the potential for a resource upgrade but also reinforce Moblan’s position as the cornerstone of our growth strategy in the Eeyou-Istchee James Bay region.”
Table 1 – Drillhole Best Intercepts - All New Results above a Metal Factor greater than 25
|
Drillhole
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
||
|
South Area (outside MRE 2024 pit shell)
|
|
|
|
||||
|
SYN-24-0862
|
127.20
|
141.00
|
13.80
|
2.20
|
13.80m @ 2.20% Li2O from 127.20m
|
||
|
SYN-24-0864
|
116.40
|
141.00
|
24.60
|
1.74
|
24.60m @ 1.74% Li2O from 116.40m
|
||
|
SYN-24-0925
|
99.10
|
136.00
|
36.90
|
1.33
|
36.90m @ 1.33% Li2O from 99.10m
|
||
|
Main Area (outside MRE 2024 pit shell)
|
|||||||
|
1331-16-115ext
|
391.60
|
412.35
|
20.75
|
1.67
|
20.75m @ 1.67% Li2O from 391.60m
|
||
|
1331-22-173ext
|
291.45
|
309.25
|
17.80
|
1.75
|
17.80m @ 1.75% Li2O from 291.45m
|
||
|
1331-22-179ext
|
351.55
|
375.80
|
24.25
|
1.43
|
24.25m @ 1.43% Li2O from 351.55m
|
||
|
1331-22-182ext
|
304.00
|
322.55
|
18.55
|
1.41
|
18.55m @ 1.41% Li2O from 304.00m
|
||
|
1331-22-185ext
|
270.70
|
308.75
|
38.05
|
1.85
|
38.05m @ 1.85% Li2O from 270.70m
|
||
|
SYN-24-0875
|
298.75
|
318.50
|
19.75
|
1.51
|
19.75m @ 1.51% Li2O from 298.75m
|
||
|
SYN-24-0883
|
237.80
|
268.00
|
30.20
|
1.44
|
30.20m @ 1.44% Li2O from 237.80m
|
||
|
SYN-24-0896
|
206.70
|
240.10
|
33.40
|
2.15
|
33.40m @ 2.15% Li2O from 206.70m
|
||
|
SYN-24-0920
|
243.60
|
275.00
|
31.40
|
1.92
|
31.40m @ 1.92% Li2O from 243.60m
|
||
|
SYN-24-0929
|
246.45
|
271.30
|
24.85
|
2.21
|
24.85m @ 2.21% Li2O from 246.45m
|
||
|
SYN-24-0930
|
99.35
|
115.25
|
15.90
|
1.58
|
15.90m @ 1.58% Li2O from 99.35m
|
||
|
SYN-24-0933
|
359.35
|
378.00
|
18.65
|
1.41
|
18.65m @ 1.41% Li2O from 359.35m
|
||
|
Inter Area (outside MRE 2024 pit shell)
|
|||||||
|
SYN-24-0731
|
295.25
|
324.10
|
28.85
|
1.46
|
28.85m @ 1.46% Li2O from 295.25m
|
||
|
SYN-24-0736ext
|
308.65
|
343.45
|
34.80
|
1.64
|
34.80m @ 1.64% Li2O from 308.65m
|
||
|
SYN-24-0827
|
232.90
|
261.65
|
28.75
|
1.45
|
28.75m @ 1.45% Li2O from 232.90m
|
||
|
SYN-24-0830
|
235.05
|
246.30
|
11.25
|
2.31
|
11.25m @ 2.31% Li2O from 235.05m
|
||
|
262.90
|
281.80
|
18.90
|
1.59
|
18.90m @ 1.59% Li2O from 262.90m
|
|||
|
SYN-24-0832
|
308.60
|
333.55
|
24.95
|
1.55
|
24.95m @ 1.55% Li2O from 308.60m
|
||
|
SYN-24-0833
|
275.15
|
290.00
|
14.85
|
1.74
|
14.85m @ 1.74% Li2O from 275.15m
|
||
|
298.40
|
312.45
|
14.05
|
1.82
|
14.05m @ 1.82% Li2O from 298.40m
|
|||
|
SYN-24-0837
|
271.00
|
293.10
|
22.10
|
1.46
|
22.10m @ 1.46% Li2O from 271.00m
|
||
|
316.60
|
376.15
|
59.55
|
1.46
|
59.55m @ 1.46% Li2O from 316.60m
|
|||
|
391.00
|
429.00
|
38.00
|
1.28
|
38.00m @ 1.28% Li2O from 391.00m
|
|||
|
SYN-24-0889A
|
224.95
|
259.00
|
34.05
|
2.01
|
34.05m @ 2.01% Li2O from 224.95m
|
||
|
315.65
|
339.15
|
23.50
|
1.47
|
23.50m @ 1.47% Li2O from 315.65m
|
|||
|
SYN-24-0890
|
237.60
|
251.60
|
14.00
|
1.89
|
14.00m @ 1.89% Li2O from 237.60m
|
||
|
SYN-24-0893
|
182.95
|
200.40
|
17.45
|
1.62
|
17.45m @ 1.62% Li2O from 182.95m
|
||
|
SYN-24-0894
|
310.25
|
356.40
|
46.15
|
1.36
|
46.15m @ 1.36% Li2O from 310.25m
|
||
|
379.25
|
409.35
|
30.10
|
1.26
|
30.10m @ 1.26% Li2O from 379.25m
|
|||
|
SYN-24-0898ext
|
404.15
|
423.30
|
19.15
|
2.31
|
19.15m @ 2.31% Li2O from 404.15m
|
||
|
SYN-24-0900
|
157.60
|
173.00
|
15.40
|
1.82
|
15.40m @ 1.82% Li2O from 157.60m
|
||
|
SYN-24-0903
|
185.10
|
226.10
|
41.00
|
1.69
|
41.00m @ 1.69% Li2O from 185.10m
|
||
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | ||
|
SYN-24-0907
|
230.65
|
266.05
|
35.40
|
1.35
|
35.40m @ 1.35% Li2O from 230.65m
|
||
|
SYN-24-0909
|
302.30
|
314.90
|
12.60
|
2.52
|
12.60m @ 2.52% Li2O from 302.30m
|
||
|
SYN-24-0931
|
224.90
|
247.25
|
22.35
|
1.41
|
22.35m @ 1.41% Li2O from 224.90m
|
||
|
SYN-24-0939
|
366.15
|
398.40
|
32.25
|
1.59
|
32.25m @ 1.59% Li2O from 366.15m
|
||
|
Moleon Area (outside MRE 2024 pit shell)
|
|||||||
|
SYN-24-0887
|
132.15
|
148.50
|
16.35
|
1.78
|
16.35m @ 1.78% Li2O from 132.15m
|
||
|
200.90
|
227.65
|
26.75
|
1.82
|
26.75m @ 1.82% Li2O from 200.90m
|
|||
|
Potential Resources Upgrade (within MRE 2024 pit shell)
|
|||||||
|
SYN-24-0852
|
67.50
|
128.25
|
60.75
|
1.82
|
60.75m @ 1.82% Li2O from 67.50m
|
||
|
SYN-24-0854
|
34.25
|
89.05
|
54.80
|
1.62
|
54.80m @ 1.62% Li2O from 34.25m
|
||
|
SYN-24-0859
|
11.10
|
33.25
|
22.15
|
1.71
|
22.15m @ 1.71% Li2O from 11.10m
|
||
|
SYN-24-0866
|
11.80
|
36.35
|
24.55
|
1.82
|
24.55m @ 1.82% Li2O from 11.80m
|
||
|
SYN-24-0883
|
87.30
|
104.20
|
16.90
|
1.59
|
16.90m @ 1.59% Li2O from 87.30m
|
||
|
SYN-24-0895
|
223.10
|
251.40
|
28.30
|
1.18
|
28.30m @ 1.18% Li2O from 223.10m
|
||
|
SYN-24-0920
|
36.15
|
54.30
|
18.15
|
1.44
|
18.15m @ 1.44% Li2O from 36.15m
|
||
|
SYN-24-0933
|
36.10
|
57.15
|
21.05
|
2.27
|
21.05m @ 2.27% Li2O from 36.10m
|
||
|
SYN-24-0832
|
29.55
|
71.80
|
42.25
|
1.64
|
42.25m @ 1.64% Li2O from 29.55m
|
||
|
279.45
|
303.80
|
24.35
|
1.69
|
24.35m @ 1.69% Li2O from 279.45m
|
|||
|
SYN-24-0833
|
32.80
|
46.90
|
14.10
|
1.91
|
14.10m @ 1.91% Li2O from 32.80m
|
||
|
247.50
|
272.80
|
25.30
|
1.72
|
25.30m @ 1.72% Li2O from 247.50m
|
|||
|
SYN-24-0834
|
126.05
|
158.60
|
32.55
|
1.83
|
32.55m @ 1.83% Li2O from 126.05m
|
||
|
226.40
|
282.90
|
56.50
|
1.47
|
56.50m @ 1.47% Li2O from 226.40m
|
|||
|
SYN-24-0835
|
202.85
|
225.90
|
23.05
|
1.51
|
23.05m @ 1.51% Li2O from 202.85m
|
||
|
SYN-24-0837
|
24.75
|
60.95
|
36.20
|
1.50
|
36.20m @ 1.50% Li2O from 24.75m
|
||
|
SYN-24-0860
|
185.45
|
213.30
|
27.85
|
1.53
|
27.85m @ 1.53% Li2O from 185.45m
|
||
|
SYN-24-0877
|
174.85
|
205.00
|
30.15
|
1.59
|
30.15m @ 1.59% Li2O from 174.85m
|
||
|
SYN-24-0878
|
236.55
|
253.40
|
16.85
|
1.97
|
16.85m @ 1.97% Li2O from 236.55m
|
||
|
256.10
|
281.70
|
25.60
|
1.31
|
25.60m @ 1.31% Li2O from 256.10m
|
|||
|
SYN-24-0879
|
88.30
|
106.70
|
18.40
|
1.99
|
18.40m @ 1.99% Li2O from 88.30m
|
||
|
SYN-24-0880
|
78.40
|
96.70
|
18.30
|
1.47
|
18.30m @ 1.47% Li2O from 78.40m
|
||
|
SYN-24-0881A
|
190.45
|
209.95
|
19.50
|
1.93
|
19.50m @ 1.93% Li2O from 190.45m
|
||
|
SYN-24-0884
|
151.55
|
194.70
|
43.15
|
1.44
|
43.15m @ 1.44% Li2O from 151.55m
|
||
|
SYN-24-0890
|
214.40
|
234.30
|
19.90
|
1.64
|
19.90m @ 1.64% Li2O from 214.40m
|
||
|
SYN-24-0891
|
209.60
|
265.25
|
55.65
|
1.75
|
55.65m @ 1.75% Li2O from 209.60m
|
||
|
SYN-24-0892
|
208.70
|
229.55
|
20.85
|
1.76
|
20.85m @ 1.76% Li2O from 208.70m
|
||
|
SYN-24-0899
|
70.45
|
93.15
|
22.70
|
2.06
|
22.70m @ 2.06% Li2O from 70.45m
|
||
|
SYN-24-0932
|
100.65
|
119.60
|
18.95
|
1.84
|
18.95m @ 1.84% Li2O from 100.65m
|
||
|
SYN-24-0939
|
38.25
|
87.00
|
48.75
|
1.66
|
48.75m @ 1.66% Li2O from 38.25m
|
||
|
225.05
|
248.90
|
23.85
|
2.47
|
23.85m @ 2.47% Li2O from 225.05m
|
|||
Notes (1): Table 1 presents all new results above a Metal Factor greater than 25. Bold text indicates Metal Factor greater than 50.
Notes (2): Methodology for calculating all drilling intercepts presented in the tables and figures in this press release. Drillhole intercepts query
and calculations are made automatically using the economic composite tool in Leapfrog software (v.2023.2.1). The selection algorithm was applied to all the drilling results and may not represent true thickness. Calculations are made according to
the following steps. Step no.1: Assigned lithology code (ex: pegmatites, gabbro, granodiorite) to each individual sample based on majority code (i.e. rule of 51%). Step no.2: Assignment of a 0% Li2O content to all lithologies other than spodumene pegmatites (e.g. "waste lithologies" such as gabbro and volcanic rocks). Step no. 3: Calculation of intercepts based on a
minimum grade of 0.25% Li2O over a minimum core length of 2m (and no maximum length), with a tolerance allowing the inclusion of 2m waste gap up to a maximum of 20m
cumulative length of waste inside an intercept. Step no.4: Selection of the drilling results highlights based on grades, lengths, and Metal Factor (Li2O grade (%) x
core length (m)).

Figure 1- Plan View with Selected New Highlights of 2024 Drilling Program (not included in current MRE)
Notes: Text boxes for all new results with Metal Factor (grade * thickness) greater than 50 (this release).
This section presents the latest drill results located within the resource pit shell, covering all four areas: Main, South, Inter, and Moleon. Detailed results and their breakdown are provided in Table 2. Significant
wide intercepts (>50m) from conversion drilling include: 1.82% Li₂O over 60.75m from 67.50m in hole SYN-24-0852, 1.62% Li₂O over 54.80m from 34.25m in hole
SYN-24-0854, 1.47% Li₂O over 56.50m from 226.40m in hole SYN-24-0834, and 1.75% Li₂O over 55.65m from 209.60m in hole SYN-24-0891. These intercepts confirm the
potential for upgrading and converting inferred resources to the indicated and measured categories within the 2024 MRE pit shells. The results also underscore the continuity of mineralisation and support the potential for increased reserves at
Moblan (see Figures 1 and 2).
Table 2 – Potential Resources Upgrade (intervals above 0.6% Li2O over 2m – within 2024 MRE pit shell)
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
Area
|
|||
|
SYN-24-0816
|
117.20
|
126.75
|
9.55
|
1.99
|
9.55m @ 1.99% Li2O from 117.20m
|
South
|
||
|
SYN-24-0819
|
115.40
|
120.50
|
5.10
|
0.90
|
5.10m @ 0.90% Li2O from 115.40m
|
|||
|
SYN-24-0852
|
67.50
|
128.25
|
60.75
|
1.82
|
60.75m @ 1.82% Li2O from 67.50m
|
|||
|
SYN-24-0854
|
34.25
|
89.05
|
54.80
|
1.62
|
54.80m @ 1.62% Li2O from 34.25m
|
|||
|
SYN-24-0855
|
39.00
|
41.50
|
2.50
|
1.51
|
2.50m @ 1.51% Li2O from 39.00m
|
|||
|
SYN-24-0856
|
59.65
|
66.30
|
6.65
|
0.96
|
6.65m @ 0.96% Li2O from 59.65m
|
|||
|
72.30
|
76.40
|
4.10
|
0.75
|
4.10m @ 0.75% Li2O from 72.30m
|
||||
|
SYN-24-0857
|
11.05
|
19.65
|
8.60
|
1.44
|
8.60m @ 1.44% Li2O from 11.05m
|
|||
|
23.15
|
30.80
|
7.65
|
1.02
|
7.65m @ 1.02% Li2O from 23.15m
|
||||
|
SYN-24-0859
|
11.10
|
33.25
|
22.15
|
1.71
|
22.15m @ 1.71% Li2O from 11.10m
|
|||
|
SYN-24-0861
|
18.70
|
21.30
|
2.60
|
1.43
|
2.60m @ 1.43% Li2O from 18.70m
|
|||
|
45.65
|
54.70
|
9.05
|
1.65
|
9.05m @ 1.65% Li2O from 45.65m
|
||||
|
SYN-24-0866
|
11.80
|
36.35
|
24.55
|
1.82
|
24.55m @ 1.82% Li2O from 11.80m
|
|||
|
48.80
|
63.50
|
14.70
|
1.50
|
14.70m @ 1.50% Li2O from 48.80m
|
||||
|
SYN-24-0873
|
32.20
|
34.50
|
2.30
|
0.92
|
2.30m @ 0.92% Li2O from 32.20m
|
|||
|
67.90
|
70.45
|
2.55
|
2.13
|
2.55m @ 2.13% Li2O from 67.90m
|
||||
|
93.60
|
97.00
|
3.40
|
1.72
|
3.40m @ 1.72% Li2O from 3.60m
|
||||
|
108.40
|
114.00
|
5.60
|
1.62
|
5.60m @ 1.62% Li2O from 108.40m
|
||||
|
135.95
|
142.50
|
6.55
|
0.99
|
6.55m @ 0.99% Li2O from 135.95m
|
||||
|
216.80
|
219.20
|
2.40
|
0.62
|
2.40m @ 0.62% Li2O from 216.80m
|
||||
|
232.25
|
240.90
|
8.65
|
0.66
|
8.65m @ 0.66% Li2O from 232.25m
|
||||
|
SYN-24-0751
|
154.85
|
164.10
|
9.25
|
1.60
|
9.25m @ 1.60% Li2O from 154.85m
|
|||
|
SYN-24-0875
|
51.50
|
62.50
|
11.00
|
1.77
|
11.00m @ 1.77% Li2O from 51.50m
|
Main
|
||
|
115.15
|
119.95
|
4.80
|
1.69
|
4.80m @ 1.69% Li2O from 115.15m
|
||||
|
169.65
|
175.85
|
6.20
|
1.01
|
6.20m @ 1.01% Li2O from 169.65m
|
||||
|
197.00
|
201.75
|
4.75
|
1.13
|
4.75m @ 1.13% Li2O from 197.00m
|
||||
|
235.90
|
239.80
|
3.90
|
1.29
|
3.90m @ 1.29% Li2O from 235.90m
|
||||
|
SYN-24-0876
|
3.85
|
9.40
|
5.55
|
1.45
|
5.55m @ 1.45% Li2O from 3.85m
|
|||
|
18.80
|
29.70
|
10.90
|
1.49
|
10.90m @ 1.49% Li2O from 18.80m
|
||||
|
44.20
|
46.40
|
2.20
|
1.19
|
2.20m @ 1.19% Li2O from 44.20m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
70.65
|
74.60
|
3.95
|
1.76
|
3.95m @ 1.76% Li2O from 70.65m
|
||||
|
101.40
|
107.20
|
5.80
|
1.47
|
5.80m @ 1.47% Li2O from 101.40m
|
||||
|
122.85
|
125.75
|
2.90
|
1.17
|
2.90m @ 1.17% Li2O from 122.85m
|
||||
|
145.85
|
152.70
|
6.85
|
1.43
|
6.85m @ 1.43% Li2O from 145.85m
|
||||
|
SYN-24-0883
|
87.30
|
104.20
|
16.90
|
1.59
|
16.90m @ 1.59% Li2O from 87.30m
|
|||
|
131.70
|
135.60
|
3.90
|
1.88
|
3.90m @ 1.88% Li2O from 131.70m
|
||||
|
SYN-24-0895
|
46.45
|
58.05
|
11.60
|
1.83
|
11.60m @ 1.83% Li2O from 46.45m
|
|||
|
89.30
|
95.60
|
6.30
|
1.56
|
6.30m @ 1.56% Li2O from 89.30m
|
||||
|
223.10
|
251.40
|
28.30
|
1.18
|
28.30m @ 1.18% Li2O from 223.10m
|
||||
|
SYN-24-0896
|
1.00
|
9.15
|
8.15
|
1.85
|
8.15m @ 1.85% Li2O from 1.00m
|
|||
|
61.20
|
73.00
|
11.80
|
1.58
|
11.80m @ 1.58% Li2O from 61.20m
|
||||
|
105.20
|
110.40
|
5.20
|
1.61
|
5.20m @ 1.61% Li2O from 105.20m
|
||||
|
SYN-24-0920
|
36.15
|
54.30
|
18.15
|
1.44
|
18.15m @ 1.44% Li2O from 36.15m
|
|||
|
99.75
|
103.55
|
3.80
|
1.81
|
3.80m @ 1.81% Li2O from 99.75m
|
||||
|
131.90
|
137.10
|
5.20
|
1.27
|
5.20m @ 1.27% Li2O from 131.90m
|
||||
|
SYN-24-0929
|
32.00
|
45.85
|
13.85
|
1.46
|
13.85m @ 1.46% Li2O from 32.00m
|
|||
|
58.60
|
66.35
|
7.75
|
1.69
|
7.75m @ 1.69% Li2O from 58.60m
|
||||
|
76.30
|
84.00
|
7.70
|
1.10
|
7.70m @ 1.10% Li2O from 76.30m
|
||||
|
SYN-24-0933
|
36.10
|
57.15
|
21.05
|
2.27
|
21.05m @ 2.27% Li2O from 36.10m
|
|||
|
SYN-24-0934A
|
37.45
|
51.40
|
13.95
|
1.64
|
13.95m @ 1.64% Li2O from 37.45m
|
|||
|
78.80
|
86.20
|
7.40
|
1.73
|
7.40m @ 1.73% Li2O from 78.80m
|
||||
|
SYN-24-0827
|
46.05
|
53.45
|
7.40
|
1.32
|
7.40m @ 1.32% Li2O from 46.05m
|
Inter
|
||
|
104.05
|
108.25
|
4.20
|
1.66
|
4.20m @ 1.66% Li2O from 104.05m
|
||||
|
143.60
|
148.00
|
4.40
|
1.32
|
4.40m @ 1.32% Li2O from 143.60m
|
||||
|
SYN-24-0832
|
29.55
|
71.80
|
42.25
|
1.64
|
42.25m @ 1.64% Li2O from 29.55m
|
|||
|
84.10
|
89.35
|
5.25
|
2.14
|
5.25m @ 2.14% Li2O from 84.10m
|
||||
|
152.10
|
154.55
|
2.45
|
0.85
|
2.45m @ 0.85% Li2O from 154.55m
|
||||
|
182.20
|
184.35
|
2.15
|
1.19
|
2.15m @ 1.19% Li2O from 182.20m
|
||||
|
232.00
|
243.00
|
11.00
|
1.19
|
11.00m @ 1.19% Li2O from 232.00m
|
||||
|
250.70
|
262.10
|
11.40
|
1.54
|
11.40m @ 1.54% Li2O from 250.70m
|
||||
|
279.45
|
303.80
|
24.35
|
1.69
|
24.35m @ 1.69% Li2O from 279.45m
|
||||
|
SYN-24-0833
|
32.80
|
46.90
|
14.10
|
1.91
|
14.10m @ 1.91% Li2O from 32.80m
|
|||
|
86.60
|
89.95
|
3.35
|
2.17
|
3.35m @ 2.17% Li2O from 86.60m
|
||||
|
146.95
|
150.60
|
3.65
|
1.39
|
3.65m @ 1.39% Li2O from 146.95m
|
||||
|
247.50
|
272.80
|
25.30
|
1.72
|
25.30m @ 1.72% Li2O from 247.50m
|
||||
|
SYN-24-0834
|
29.60
|
32.50
|
2.90
|
1.44
|
2.90m @ 1.44% Li2O from 29.60m
|
|||
|
83.15
|
86.15
|
3.00
|
0.82
|
3.00m @ 0.82% Li2O from 83.15m
|
||||
|
126.05
|
158.60
|
32.55
|
1.83
|
32.55m @ 1.83% Li2O from 126.05m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
205.60
|
210.25
|
4.65
|
0.94
|
4.65m @ 0.94% Li2O from 205.60m
|
||||
|
226.40
|
282.90
|
56.50
|
1.47
|
56.50m @ 1.47% Li2O from 226.40m
|
||||
|
SYN-24-0835
|
32.50
|
41.25
|
8.75
|
1.48
|
8.75m @ 1.48% Li2O from 32.50m
|
|||
|
127.95
|
130.85
|
2.90
|
1.53
|
2.90m @ 1.53% Li2O from 127.95m
|
||||
|
189.05
|
197.50
|
8.45
|
1.44
|
8.45m @ 1.44% Li2O from 189.05m
|
||||
|
202.85
|
225.90
|
23.05
|
1.51
|
23.05m @ 1.51% Li2O from 202.85m
|
||||
|
SYN-24-0836
|
36.05
|
40.35
|
4.30
|
1.17
|
4.30m @ 1.17% Li2O from 36.05m
|
|||
|
87.05
|
89.55
|
2.50
|
2.10
|
2.50m @ 2.10% Li2O from 87.05m
|
||||
|
132.70
|
135.45
|
2.75
|
1.18
|
2.75m @ 1.18% Li2O from 132.70m
|
||||
|
145.20
|
147.85
|
2.65
|
1.36
|
2.65m @ 1.36% Li2O from 145.20m
|
||||
|
176.90
|
179.80
|
2.90
|
1.36
|
2.90m @ 1.36% Li2O from 176.90m
|
||||
|
SYN-24-0837
|
24.75
|
60.95
|
36.20
|
1.50
|
36.20m @ 1.50% Li2O from 24.75m
|
|||
|
82.30
|
87.15
|
4.85
|
1.72
|
4.85m @ 1.72% Li2O from 82.30m
|
||||
|
139.05
|
142.25
|
3.20
|
1.75
|
3.20m @ 1.75% Li2O from 139.05m
|
||||
|
163.85
|
170.50
|
6.65
|
1.94
|
6.65m @ 1.94% Li2O from 163.85m
|
||||
|
231.20
|
239.15
|
7.95
|
0.87
|
7.95m @ 0.87% Li2O from 231.20m
|
||||
|
SYN-24-0853
|
42.90
|
48.00
|
5.10
|
1.76
|
5.10m @ 1.76% Li2O from 42.90m
|
|||
|
92.50
|
96.60
|
4.10
|
1.76
|
4.10m @ 1.76% Li2O from 92.50m
|
||||
|
198.65
|
209.00
|
10.35
|
1.41
|
10.35m @ 1.41% Li2O from 198.65m
|
||||
|
SYN-24-0860
|
31.25
|
42.55
|
11.30
|
1.34
|
11.30m @ 1.34% Li2O from 31.25m
|
|||
|
84.35
|
87.55
|
3.20
|
2.22
|
3.20m @ 2.22% Li2O from 84.35m
|
||||
|
159.70
|
164.00
|
4.30
|
1.85
|
4.30m @ 1.85% Li2O from 159.70m
|
||||
|
185.45
|
213.30
|
27.85
|
1.53
|
27.85m @ 1.53% Li2O from 185.45m
|
||||
|
SYN-24-0877
|
105.95
|
108.35
|
2.40
|
1.02
|
2.40m @ 1.02% Li2O from 105.95m
|
|||
|
122.90
|
25.45
|
2.55
|
2.00
|
2.55m @ 2.00% Li2O from 122.90m
|
||||
|
174.85
|
205.00
|
30.15
|
1.59
|
30.15m @ 1.59% Li2O from 174.85m
|
||||
|
SYN-24-0878
|
25.10
|
36.00
|
10.90
|
1.87
|
10.90m @ 1.87% Li2O from 25.10m
|
|||
|
50.00
|
58.00
|
8.00
|
1.46
|
8.00m @ 1.46% Li2O from 50.00m
|
||||
|
81.00
|
88.90
|
7.90
|
1.15
|
7.90m @ 1.15% Li2O from 81.00m
|
||||
|
93.70
|
102.90
|
9.20
|
2.26
|
9.20m @ 2.26% Li2O from 93.70m
|
||||
|
128.75
|
132.50
|
3.75
|
2.19
|
3.75m @ 2.19% Li2O from 128.75m
|
||||
|
193.00
|
207.00
|
14.00
|
1.73
|
14.00m @ 1.73% Li2O from 193.00m
|
||||
|
231.65
|
234.00
|
2.35
|
1.35
|
2.35m @ 1.35% Li2O from 231.65m
|
||||
|
236.55
|
253.40
|
16.85
|
1.97
|
16.85m @ 1.97% Li2O from 236.55m
|
||||
|
256.10
|
281.70
|
25.60
|
1.31
|
25.60m @ 1.31% Li2O from 256.10m
|
||||
|
SYN-24-0879
|
37.80
|
40.90
|
3.10
|
2.30
|
3.10m @ 2.30% Li2O from 37.80m
|
|||
|
88.30
|
106.70
|
18.40
|
1.99
|
18.40m @ 1.99% Li2O from 88.30m
|
||||
|
123.65
|
126.80
|
3.15
|
1.58
|
3.15m @ 1.58% Li2O from 123.65m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
202.60
|
208.00
|
5.40
|
1.73
|
5.40m @ 1.73% Li2O from 202.60m
|
||||
|
251.70
|
258.80
|
7.10
|
1.27
|
7.10m @ 1.27% Li2O from 251.70m
|
||||
|
SYN-24-0880
|
78.40
|
96.70
|
18.30
|
1.47
|
18.30m @ 1.47% Li2O from 78.40m
|
|||
|
SYN-24-0881A
|
57.30
|
65.65
|
8.35
|
1.65
|
8.35m @ 1.65% Li2O from 57.30m
|
|||
|
106.15
|
110.50
|
4.35
|
2.56
|
4.35m @ 2.56% Li2O from 106.15m
|
||||
|
124.80
|
127.65
|
2.85
|
0.62
|
2.85m @ 0.62% Li2O from 124.80m
|
||||
|
190.45
|
209.95
|
19.50
|
1.93
|
19.50m @ 1.93% Li2O from 190.45m
|
||||
|
249.60
|
253.65
|
4.05
|
1.56
|
4.05m @ 1.56% Li2O from 249.60m
|
||||
|
SYN-24-0884
|
109.30
|
116.65
|
7.35
|
1.75
|
7.35m @ 1.75% Li2O from 109.30m
|
|||
|
151.55
|
194.70
|
43.15
|
1.44
|
43.15m @ 1.44% Li2O from 151.55m
|
||||
|
SYN-24-0885
|
35.35
|
44.45
|
9.10
|
1.19
|
9.10m @ 1.19% Li2O from 35.35m
|
|||
|
99.95
|
103.95
|
4.00
|
1.29
|
4.00m @ 1.29% Li2O from 99.95m
|
||||
|
246.25
|
256.65
|
10.40
|
1.44
|
10.40m @ 1.44% Li2O from 246.25m
|
||||
|
SYN-24-0888
|
208.15
|
213.75
|
5.60
|
1.50
|
5.60m @ 1.50% Li2O from 208.15m
|
|||
|
218.40
|
226.15
|
7.75
|
0.66
|
7.75m @ 0.66% Li2O from 218.40m
|
||||
|
SYN-24-0889
|
2.30
|
4.70
|
2.40
|
2.54
|
2.40m @ 2.54% Li2O from 2.30m
|
|||
|
6.80
|
11.90
|
5.10
|
2.41
|
5.10m @ 2.41% Li2O from 6.80m
|
||||
|
SYN-24-0889A
|
2.95
|
12.00
|
9.05
|
1.78
|
9.05m @ 1.78% Li2O from 2.95m
|
|||
|
41.75
|
55.85
|
14.10
|
1.32
|
14.10m @ 1.32% Li2O from 41.75m
|
||||
|
71.00
|
82.70
|
11.70
|
1.00
|
11.70m @ 1.00% Li2O from 71.00m
|
||||
|
180.60
|
185.00
|
4.40
|
1.28
|
4.40m @ 1.28% Li2O from 180.60m
|
||||
|
SYN-24-0890
|
40.00
|
43.15
|
3.15
|
1.44
|
3.15m @ 1.44% Li2O from 40.00m
|
|||
|
88.75
|
93.70
|
4.95
|
1.43
|
4.95m @ 1.43% Li2O from 88.75m
|
||||
|
214.40
|
234.30
|
19.90
|
1.64
|
19.90m @ 1.64% Li2O from 214.40m
|
||||
|
SYN-24-0891
|
34.60
|
42.20
|
7.60
|
1.31
|
7.60m @ 1.31% Li2O from 34.60m
|
|||
|
209.60
|
265.25
|
55.65
|
1.75
|
55.65m @ 1.75% Li2O from 209.60m
|
||||
|
SYN-24-0892
|
33.35
|
42.90
|
9.55
|
2.00
|
9.55m @ 2.00% Li2O from 33.35m
|
|||
|
208.70
|
229.55
|
20.85
|
1.76
|
20.85m @ 1.76% Li2O from 208.70m
|
||||
|
237.30
|
241.80
|
4.50
|
0.88
|
4.50m @ 0.88% Li2O from 237.30m
|
||||
|
SYN-24-0893
|
22.95
|
30.85
|
7.90
|
1.40
|
7.90m @ 1.40% Li2O from 22.95m
|
|||
|
SYN-24-0894
|
26.25
|
38.60
|
12.35
|
1.58
|
12.35m @ 1.58% Li2O from 26.25m
|
|||
|
67.15
|
77.00
|
9.85
|
0.81
|
9.85m @ 0.81% Li2O from 67.15m
|
||||
|
81.15
|
87.05
|
5.90
|
1.68
|
5.90m @ 1.68% Li2O from 81.15m
|
||||
|
95.00
|
106.50
|
11.50
|
1.44
|
11.50m @ 1.44% Li2O from 95.00m
|
||||
|
143.20
|
147.35
|
4.15
|
1.44
|
4.15m @ 1.44% Li2O from 143.20m
|
||||
|
201.30
|
206.80
|
5.50
|
1.70
|
5.50m @ 1.70% Li2O from 201.30m
|
||||
|
228.40
|
238.90
|
10.50
|
1.59
|
10.50m @ 1.59% Li2O from 228.40m
|
||||
|
265.95
|
268.60
|
2.65
|
1.49
|
2.65m @ 1.49% Li2O from 265.95m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
271.60
|
294.45
|
22.85
|
0.63
|
22.85m @ 0.63% Li2O from 271.60m
|
||||
|
299.00
|
307.70
|
8.70
|
1.73
|
8.70m @ 1.73% Li2O from 299.00m
|
||||
|
SYN-24-0897
|
101.25
|
106.05
|
4.80
|
1.65
|
4.80m @ 1.65% Li2O from 101.25m
|
|||
|
117.55
|
126.00
|
8.45
|
1.36
|
8.45m @ 1.36% Li2O from 117.55m
|
||||
|
SYN-24-0898
|
43.85
|
47.70
|
3.85
|
1.98
|
3.85m @ 1.98% Li2O from 43.85m
|
|||
|
123.55
|
140.30
|
16.75
|
0.92
|
16.75m @ 0.92% Li2O from 123.55m
|
||||
|
144.90
|
162.90
|
18.00
|
1.13
|
18.00m @ 1.13% Li2O from 144.90m
|
||||
|
SYN-24-0899
|
70.45
|
93.15
|
22.70
|
2.06
|
22.70m @ 2.06% Li2O from 70.45m
|
|||
|
97.20
|
99.30
|
2.10
|
1.21
|
2.10m @ 1.21% Li2O from 97.20m
|
||||
|
112.00
|
114.45
|
2.45
|
1.99
|
2.45m @ 1.99% Li2O from 112.00m
|
||||
|
208.95
|
212.05
|
3.10
|
1.60
|
3.10m @ 1.60% Li2O from 208.95m
|
||||
|
SYN-24-0903
|
29.40
|
37.20
|
7.80
|
1.85
|
7.80m @ 1.85% Li2O from 29.40m
|
|||
|
178.95
|
181.80
|
2.85
|
0.83
|
2.85m @ 0.83% Li2O from 178.95m
|
||||
|
SYN-24-0905
|
180.40
|
190.25
|
9.85
|
1.94
|
9.85m @ 1.94% Li2O from 180.40m
|
|||
|
194.55
|
206.60
|
12.05
|
1.56
|
12.05m @ 1.56% Li2O from 194.55m
|
||||
|
SYN-24-0907
|
175.10
|
178.15
|
3.05
|
1.05
|
3.05m @ 1.05% Li2O from 175.10m
|
|||
|
SYN-24-0919
|
35.25
|
41.75
|
6.50
|
0.69
|
6.50m @ 0.69% Li2O from 35.25m
|
|||
|
44.70
|
47.00
|
2.30
|
1.00
|
2.30m @ 1.00% Li2O from 44.70m
|
||||
|
92.60
|
97.35
|
4.75
|
1.87
|
4.75m @ 1.87% Li2O from 92.60m
|
||||
|
148.75
|
154.70
|
5.95
|
2.14
|
5.95m @ 2.14% Li2O from 148.75m
|
||||
|
245.50
|
249.15
|
3.65
|
0.82
|
3.65m @ 0.82% Li2O from 245.50m
|
||||
|
254.00
|
261.70
|
7.70
|
2.65
|
7.70m @ 2.65% Li2O from 254.00m
|
||||
|
263.85
|
272.40
|
8.55
|
1.69
|
8.55m @ 1.69% Li2O from 263.85m
|
||||
|
278.20
|
282.25
|
4.05
|
1.20
|
4.05m @ 1.20% Li2O from 278.20m
|
||||
|
290.70
|
296.50
|
5.80
|
1.05
|
5.80m @ 1.05% Li2O from 290.70m
|
||||
|
306.45
|
311.80
|
5.35
|
1.37
|
5.35m @ 1.37% Li2O from 306.45m
|
||||
|
SYN-24-0921
|
89.45
|
93.30
|
3.85
|
1.33
|
3.85m @ 1.33% Li2O from 89.45m
|
|||
|
161.70
|
166.75
|
5.05
|
0.99
|
5.05m @ 0.99% Li2O from 161.70m
|
||||
|
SYN-24-0931
|
71.60
|
78.30
|
6.70
|
0.93
|
6.70m @ 0.93% Li2O from 71.60m
|
|||
|
SYN-24-0932
|
100.65
|
119.60
|
18.95
|
1.84
|
18.95m @ 1.84% Li2O from 100.65m
|
|||
|
141.05
|
144.05
|
3.00
|
1.28
|
3.00m @ 1.28% Li2O from 141.05m
|
||||
|
SYN-24-0939
|
25.65
|
33.95
|
8.30
|
2.05
|
8.30m @ 2.05% Li2O from 25.65m
|
|||
|
38.25
|
87.00
|
48.75
|
1.66
|
48.75m @ 1.66% Li2O from 38.25m
|
||||
|
145.35
|
149.60
|
4.25
|
1.31
|
4.25m @ 1.31% Li2O from 145.35m
|
||||
|
169.45
|
176.00
|
6.55
|
1.47
|
6.55m @ 1.47% Li2O from 169.45m
|
||||
|
225.05
|
248.90
|
23.85
|
2.47
|
23.85m @ 2.47% Li2O from 225.05m
|
Notes: Table 2 presents all intervals above 0.6% Li2O over 2m. Bold text indicates Metal Factor greater than 25.
See Notes (2) (Table 1) for drilling intercept calculation methodology.

Figure 2 – Cross-section view A-A’ – Inter Area
South Area
All newly reported drill results from the South area shown below are located outside the current resource pit shell and may contribute to future resource growth. Key intercepts from the South area are listed in Table
3. The pegmatite complex in this zone comprises east-west trending spodumene-bearing dykes that are sub-horizontal or gently dipping northward at 10–15°. Recent drilling confirmed the presence of these dykes, with several thick intercepts returning
strong lithium grades, including: 2.20% Li₂O over 13.80m (SYN-24-0862), 1.74% Li₂O over 24.60m (SYN-24-0864), 1.33% Li₂O over 36.90m
(SYN-24-0925), and multiple zones in SYN-24-0927 such as 1.48% Li₂O over 14.05m and 1.35% Li₂O over 14.80m (see Figure 1).
Both recent and historical drilling results confirm the presence of broad, flat-lying dykes, as well as smaller, parallel-trending dykes that appear to extend eastward, westward, and southward. These additional
diamond drillholes in the South area may contribute to upgrading mineral resources in a future resource update.
Table 3 –South Area (intervals above 0.6% Li2O over 2m - outside MRE 2024 pit shell)
|
Drillhole
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
Area
|
||
|
SYN-24-0859
|
317.50
|
321.30
|
3.80
|
0.96
|
3.80m @ 0.96% Li2O from 317.50m
|
|||
|
SYN-24-0861
|
250.65
|
256.55
|
5.90
|
0.79
|
5.90m @ 0.79% Li2O from 250.65m
|
|||
|
SYN-24-0862
|
127.20
|
141.00
|
13.80
|
2.20
|
13.80m @ 2.20% Li2O from 127.20m
|
|||
|
SYN-24-0864
|
116.40
|
141.00
|
24.60
|
1.74
|
24.60m @ 1.74% Li2O from 116.40m
|
South
|
||
|
SYN-24-0873
|
276.50
|
280.10
|
3.60
|
1.77
|
3.60m @ 1.77% Li2O from 276.50m
|
|||
|
SYN-24-0874
|
261.65
|
265.20
|
3.55
|
1.15
|
3.55m @ 1.15% Li2O from 261.65m
|
|||
|
SYN-24-0925
|
99.10
|
136.00
|
36.90
|
1.33
|
36.90m @ 1.33% Li2O from 99.10m
|
|||
|
SYN-24-0926
|
88.50
|
97.25
|
8.75
|
1.14
|
8.75m @ 1.14% Li2O from 88.50m
|
|||
|
99.55
|
104.75
|
5.20
|
1.22
|
5.20m @ 1.22% Li2O from 99.55m
|
||||
|
107.80
|
114.60
|
6.80
|
1.89
|
6.80m @ 1.89% Li2O from 107.80m
|
||||
|
SYN-24-0927
|
79.80
|
93.85
|
14.05
|
1.48
|
14.05m @ 1.48% Li2O from 79.80m
|
|||
|
97.35
|
112.15
|
14.80
|
1.35
|
14.80m @ 1.35% Li2O from 97.35m
|
Notes: Table 3 presents all intervals above 0.6% Li2O over 2m. Bold text indicates Metal Factor greater than 25.
See Notes (2) (Table 1) for drilling intercept calculation methodology.
Main Area
The newly reported drill results from the Main area are located outside the current resource pit shell and may contribute to future resource growth. Key intercepts are summarised in Table 4. Both recent and
historical drilling confirm the northern extension of the Main pegmatites at depth, consistent with their moderate dip of 20° to the north. Notably, several significant new intercepts were obtained near the eastern edge of the Main area, adjacent
to the Inter zone. These include very thick mineralised zones (25 to 38 metres) located outside the pit shell. The results confirm a stacked geometry of sub-horizontal LCT pegmatites, several of which are highly promising in both grade and
thickness. Highlights include: 1.85% Li₂O over 38.45m (hole 1331-22-185-ext), 1.44% Li₂O over 30.20m (hole SYN-24-0883), 2.15%
Li₂O over 33.40m (hole SYN-24-0896), and 1.92% Li₂O over 31.40m (hole SYN-24-0920). These findings continue to validate the sub-horizontal continuity of mineralisation (see Figure 1).
Table 4 – Main Area (intervals above 0.6% Li2O over 2m - outside MRE 2024 pit shell)
|
Drillhole
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
Area
|
||
|
1331-16-112-ext
|
188.70
|
191.70
|
3.00
|
0.81
|
3.00m @ 0.81% Li2O from 188.70m
|
|||
|
218.60
|
221.65
|
3.05
|
1.40
|
3.05m @ 1.40% Li2O from 218.60m
|
||||
|
383.70
|
396.70
|
13.00
|
1.32
|
13.00m @ 1.32% Li2O from 383.70m
|
||||
|
412.40
|
417.65
|
5.25
|
1.51
|
5.25m @ 1.51% Li2O from 412.40m
|
||||
|
1331-16-115-ext
|
298.10
|
313.70
|
15.60
|
1.51
|
15.60m @ 1.51% Li2O from 298.10m
|
|||
|
376.85
|
386.30
|
9.45
|
1.41
|
9.45m @ 1.41% Li2O from 376.85m
|
||||
|
391.60
|
412.35
|
20.75
|
1.67
|
20.75m @ 1.67% Li2O from 391.60m
|
||||
|
1331-22-165-ext
|
418.70
|
422.40
|
3.70
|
0.71
|
3.70m @ 0.71% Li2O from 418.70m
|
|||
|
178.10
|
182.40
|
4.30
|
1.37
|
4.30m @ 1.37% Li2O from 178.10m
|
||||
|
275.00
|
277.40
|
2.40
|
1.79
|
2.40m @ 1.79% Li2O from 275.00m
|
Main
|
|||
|
282.85
|
285.00
|
2.15
|
1.89
|
2.15m @ 1.89% Li2O from 282.85m
|
||||
|
317.60
|
326.00
|
8.40
|
1.91
|
8.40m @ 1.91% Li2O from 317.60m
|
||||
|
1331-22-167-ext
|
347.55
|
352.90
|
5.35
|
1.04
|
5.35m @ 1.04% Li2O from 347.55m
|
|||
|
375.30
|
381.85
|
6.55
|
2.07
|
6.55m @ 2.07% Li2O from 375.30m
|
||||
|
1331-22-171-ext
|
289.45
|
306.00
|
16.55
|
1.47
|
16.55m @ 1.47% Li2O from 289.45m
|
|||
|
312.70
|
323.00
|
10.30
|
0.70
|
10.30m @ 0.70% Li2O from 312.70m
|
||||
|
420.00
|
426.05
|
6.05
|
1.79
|
6.05m @ 1.79% Li2O from 420.00m
|
||||
|
451.85
|
455.95
|
4.10
|
1.65
|
4.10m @ 1.65% Li2O from 451.85m
|
||||
|
1331-22-173-ext
|
291.45
|
309.25
|
17.80
|
1.75
|
17.80m @ 1.75% Li2O from 291.45m
|
|||
|
343.10
|
355.20
|
12.10
|
1.76
|
12.10m @ 1.76% Li2O from 343.10m
|
||||
|
1331-22-179-ext
|
276.60
|
287.35
|
10.75
|
1.43
|
10.75m @ 1.43% Li2O from 276.60m
|
|||
|
351.55
|
375.80
|
24.25
|
1.43
|
24.25m @ 1.43% Li2O from 351.55m
|
||||
|
383.15
|
390.00
|
6.85
|
1.67
|
6.85m @ 1.67% Li2O from 383.15m
|
||||
|
1331-22-182-ext
|
304.00
|
322.55
|
18.55
|
1.41
|
18.55m @ 1.41% Li2O from 304.00m
|
|||
|
332.00
|
343.00
|
11.00
|
1.40
|
11.00m @ 1.40% Li2O from 332.00m
|
||||
|
345.30
|
350.45
|
5.15
|
0.75
|
5.15m @ 0.75% Li2O from 345.30m
|
||||
|
352.50
|
362.20
|
9.70
|
1.43
|
9.70m @ 1.43% Li2O from 352.50m
|
||||
|
394.55
|
403.00
|
8.45
|
1.51
|
8.45m @ 1.51% Li2O from 394.55m
|
||||
|
1331-22-185-ext
|
270.70
|
308.75
|
38.05
|
1.85
|
38.05m @ 1.85% Li2O from 270.70m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
371.00
|
381.35
|
10.35
|
1.93
|
10.35m @ 1.93% Li2O from 371.00m
|
||||
|
1331-22-202-ext
|
334.60
|
339.00
|
4.40
|
0.60
|
4.40m @ 0.60% Li2O from 334.60m
|
|||
|
1331-22-210-ext
|
336.75
|
341.60
|
4.85
|
1.25
|
4.85m @ 1.25% Li2O from 336.75m
|
|||
|
1331-22-292-ext
|
290.10
|
293.00
|
2.90
|
1.58
|
2.90m @ 1.58% Li2O from 290.10m
|
|||
|
1331-22-295-ext
|
361.10
|
365.50
|
4.40
|
0.97
|
4.40m @ 0.97% Li2O from 361.10m
|
|||
|
1331-22-318-ext
|
362.15
|
368.65
|
6.50
|
1.00
|
6.50m @ 1.00% Li2O from 362.15m
|
|||
|
1331-22-496-ext
|
352.05
|
366.55
|
14.50
|
1.35
|
14.50m @ 1.35% Li2O from 352.05m
|
|||
|
431.65
|
446.10
|
14.45
|
1.26
|
14.45m @ 1.26% Li2O from 431.65m
|
||||
|
SYN-24-0742-ext
|
338.40
|
346.35
|
7.95
|
0.82
|
7.95m @ 0.82% Li2O from 338.40m
|
|||
|
SYN-24-0751
|
193.60
|
198.80
|
5.20
|
1.80
|
5.20m @ 1.80% Li2O from 193.60m
|
|||
|
SYN-24-0775-ext
|
297.20
|
300.90
|
3.70
|
1.27
|
3.70m @ 1.27% Li2O from 297.20m
|
|||
|
330.00
|
332.50
|
2.50
|
1.45
|
2.50m @ 1.45% Li2O from 330.00m
|
||||
|
336.00
|
349.60
|
13.60
|
0.93
|
13.60m @ 0.93% Li2O from 336.00m
|
||||
|
357.40
|
360.85
|
3.45
|
0.67
|
3.45m @ 0.67% Li2O from 357.40m
|
||||
|
SYN-24-0794-ext
|
345.70
|
353.05
|
7.35
|
1.29
|
7.35m @ 1.29% Li2O from 345.70m
|
|||
|
SYN-24-0806-ext
|
311.60
|
315.85
|
4.25
|
0.62
|
4.25m @ 0.62% Li2O from 311.60m
|
|||
|
319.00
|
324.35
|
5.35
|
1.76
|
5.35m @ 1.76% Li2O from 319.00m
|
||||
|
SYN-24-0875
|
298.75
|
318.50
|
19.75
|
1.51
|
19.75m @ 1.51% Li2O from 298.75m
|
|||
|
327.70
|
333.40
|
5.70
|
1.75
|
5.70m @ 1.75% Li2O from 327.70m
|
||||
|
SYN-24-0876
|
353.60
|
361.70
|
8.10
|
1.16
|
8.10m @ 1.16% Li2O from 353.60m
|
|||
|
179.50
|
182.55
|
3.05
|
1.45
|
3.05m @ 1.45% Li2O from 179.50m
|
||||
|
SYN-24-0883
|
268.45
|
280.00
|
11.55
|
1.27
|
11.55m @ 1.27% Li2O from 268.45m
|
|||
|
237.80
|
268.00
|
30.20
|
1.44
|
30.20m @ 1.44% Li2O from 237.80m
|
||||
|
SYN-24-0895
|
318.90
|
329.30
|
10.40
|
1.42
|
10.40m @ 1.42% Li2O from 318.90m
|
|||
|
259.00
|
267.30
|
8.30
|
1.47
|
8.30m @ 1.47% Li2O from 259.00m
|
||||
|
270.30
|
274.90
|
4.60
|
0.98
|
4.60m @ 0.98% Li2O from 270.30m
|
||||
|
SYN-24-0896
|
317.40
|
326.10
|
8.70
|
1.40
|
8.70m @ 1.40% Li2O from 317.40m
|
|||
|
206.70
|
240.10
|
33.40
|
2.15
|
33.40m @ 2.15% Li2O from 206.70m
|
||||
|
243.70
|
258.00
|
14.30
|
1.69
|
14.30m @ 1.69% Li2O from 243.70m
|
||||
|
SYN-24-0920
|
280.55
|
288.50
|
7.95
|
1.44
|
7.95m @ 1.44% Li2O from 280.55m
|
|||
|
243.60
|
275.00
|
31.40
|
1.92
|
31.40m @ 1.92% Li2O from 243.60m
|
||||
|
277.55
|
281.90
|
4.35
|
1.67
|
4.35m @ 1.67% Li2O from 277.55m
|
||||
|
286.50
|
286.35
|
2.85
|
1.18
|
2.85m @ 1.18% Li2O from 286.50m
|
||||
|
325.65
|
337.50
|
11.85
|
1.45
|
11.85m @ 1.45% Li2O from 325.65m
|
||||
|
SYN-24-0929
|
137.40
|
140.10
|
2.70
|
1.66
|
2.70m @ 1.66% Li2O from 137.40m
|
|||
|
246.45
|
271.30
|
24.85
|
2.21
|
24.85m @ 2.21% Li2O from 246.45m
|
||||
|
275.25
|
278.85
|
3.60
|
1.71
|
3.60m @ 1.71% Li2O from 275.25m
|
||||
|
289.85
|
294.75
|
4.90
|
1.30
|
4.90m @ 1.30% Li2O from 289.85m
|
||||
|
343.00
|
353.25
|
10.25
|
1.23
|
10.25m @ 1.23% Li2O from 343.00m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
SYN-24-0930
|
99.35
|
115.25
|
15.90
|
1.58
|
15.90m @ 1.58% Li2O from 99.35m
|
|||
|
141.65
|
143.80
|
2.15
|
0.85
|
2.15m @ 0.85% Li2O from 141.65m
|
||||
|
SYN-24-0933
|
321.60
|
334.90
|
13.30
|
0.96
|
13.30m @ 0.96% Li2O from 321.60m
|
|||
|
359.35
|
378.00
|
18.65
|
1.41
|
18.65m @ 1.41% Li2O from 359.35m
|
||||
|
SYN-24-0934A
|
231.70
|
242.85
|
11.15
|
1.24
|
11.15m @ 1.24% Li2O from 231.70m
|
Notes: Table 4 presents all intervals above 0.6% Li2O over 2m. Bold text indicates Metal Factor greater than 25.
See Notes (2) (Table 1) for drilling intercept calculation methodology.
Inter Area
The new drilling results from the Inter area are all outside the resource pit shell and could potentially contribute to increasing mineral resources. Highlights from the Inter Area are detailed in Table 5. The most
significant intercepts (>35m) returned 1.46% Li2O over 59.55m and 1.28% Li2O over 38.00m in hole SYN-24-0837, 1.36% Li2O over 46.15m
in hole SYN-24-0894, 1.69% Li2O over 41.00m in hole SYN-24-0903, and 1.35% Li2O over 35.40m in hole SYN-24-0907 (Figure 1 and Figure 2). Drilling in the Inter area demonstrates the continuity of the sub-horizontal pegmatite dykes at depth. All the
intercepts presented in this press release confirm the success of this program and the connection potential between Moleon, Main and South pegmatites.
Table 5 – Inter Area (intervals above 0.6% Li2O over 2m - outside MRE 2024 pit shell)
|
Drillhole
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
Area
|
||
|
SYN-24-0731
|
228.80
|
235.50
|
6.70
|
1.06
|
6.70m @ 1.06% Li2O from 228.80m
|
|||
|
295.25
|
324.10
|
28.85
|
1.46
|
28.85m @ 1.46% Li2O from 295.25m
|
||||
|
327.90
|
332.75
|
4.85
|
0.61
|
4.85m @ 0.61% Li2O from 327.90m
|
||||
|
SYN-24-0736ext
|
287.20
|
289.60
|
2.40
|
2.29
|
2.40m @ 2.29% Li2O from 287.20m
|
|||
|
308.65
|
343.45
|
34.80
|
1.64
|
34.80m @ 1.64% Li2O from 308.65m
|
Inter
|
|||
|
356.45
|
362.80
|
6.35
|
1.15
|
6.35m @ 1.15% Li2O from 356.45m
|
||||
|
SYN-24-0785ext
|
586.20
|
600.95
|
14.75
|
1.33
|
14.75m @ 1.33% Li2O from 586.20m
|
|||
|
SYN-24-0827
|
232.90
|
261.65
|
28.75
|
1.45
|
28.75m @ 1.45% Li2O from 232.90m
|
|||
|
293.30
|
296.50
|
3.20
|
2.29
|
3.20m @ 2.29% Li2O from 293.30m
|
||||
|
SYN-24-0830
|
235.05
|
246.30
|
11.25
|
2.31
|
11.25m @ 2.31% Li2O from 35.05m
|
|||
|
262.90
|
281.80
|
18.90
|
1.59
|
18.90m @ 1.59% Li2O from 262.90m
|
||||
|
284.30
|
294.25
|
9.95
|
1.08
|
9.95m @ 1.08% Li2O from 284.30m
|
||||
|
SYN-24-0832
|
308.60
|
333.55
|
24.95
|
1.55
|
24.95m @ 1.55% Li2O from 308.60m
|
|||
|
336.20
|
346.40
|
10.20
|
1.01
|
10.20m @ 1.01% Li2O from 336.20m
|
||||
|
372.95
|
376.80
|
3.85
|
0.79
|
3.85m @ 0.79% Li2O from 372.95m
|
||||
|
SYN-24-0833
|
275.15
|
290.00
|
14.85
|
1.74
|
14.85m @ 1.74% Li2O from 275.15m
|
|||
|
298.40
|
312.45
|
14.05
|
1.82
|
14.05m @ 1.82% Li2O from 298.40m
|
||||
|
SYN-24-0834
|
295.40
|
305.00
|
9.60
|
1.46
|
9.60m @ 1.46% Li2O from 295.40m
|
|||
|
308.25
|
312.55
|
4.30
|
1.81
|
4.30m @ 1.81% Li2O from 308.25m
|
||||
|
SYN-24-0835
|
233.80
|
240.80
|
7.00
|
1.40
|
7.00m @ 1.40% Li2O from 233.80m
|
| Drillhole | From (m) | To (m) | Length (m) | Li2O % | Description | Area | ||
|
243.80
|
251.30
|
7.50
|
1.14
|
7.50m @ 1.14% Li2O from 243.80m
|
||||
|
SYN-24-0836
|
191.80
|
198.20
|
6.40
|
0.79
|
6.40m @ 0.79% Li2O from 191.80m
|
|||
|
253.70
|
259.60
|
5.90
|
1.48
|
5.90m @ 1.48% Li2O from 253.70m
|
||||
|
SYN-24-0837
|
242.30
|
247.95
|
5.65
|
1.35
|
5.65m @ 1.35% Li2O from 242.30m
|
|||
|
271.00
|
293.10
|
22.10
|
1.46
|
22.10m @ 1.46% Li2O from 271.00m
|
||||
|
316.60
|
376.15
|
59.55
|
1.46
|
59.55m @ 1.46% Li2O from 316.60m
|
||||
|
391.00
|
429.00
|
38.00
|
1.28
|
38.00m @ 1.28% Li2O from 391.00m
|
||||
|
431.90
|
436.75
|
4.85
|
1.29
|
4.85m @ 1.29% Li2O from 431.90m
|
||||
|
453.60
|
458.80
|
5.20
|
0.96
|
5.20m @ 0.96% Li2O from 453.60m
|
||||
|
SYN-24-0860
|
288.90
|
296.30
|
7.40
|
0.75
|
7.40m @ 0.75% Li2O from 288.90m
|
|||
|
SYN-24-0877
|
207.45
|
213.15
|
5.70
|
1.62
|
5.70m @ 1.62% Li2O from 207.45m
|
|||
|
SYN-24-0878
|
286.60
|
292.85
|
6.25
|
0.96
|
6.25m @ 0.96% Li2O from 286.60m
|
|||
|
297.75
|
310.55
|
12.80
|
1.14
|
12.80m @ 1.14% Li2O from 297.75m
|
||||
|
438.00
|
444.40
|
6.40
|
1.52
|
6.40m @ 1.52% Li2O from 438.00m
|
||||
|
SYN-24-0879
|
268.75
|
281.15
|
12.40
|
1.67
|
12.40m @ 1.67% Li2O from 268.75m
|
|||
|
SYN-24-0880
|
191.10
|
214.65
|
23.55
|
0.99
|
23.55m @ 0.99% Li2O from 191.10m
|
|||
|
233.15
|
235.40
|
2.25
|
0.84
|
2.25m @ 0.84% Li2O from 233.15m
|
||||
|
SYN-24-0886
|
259.00
|
262.50
|
3.50
|
0.93
|
3.50m @ 0.93% Li2O from 259.00m
|
|||
|
SYN-24-0888
|
235.90
|
238.90
|
3.00
|
0.93
|
3.00m @ 0.93% Li2O from 235.90m
|
|||
|
241.20
|
243.20
|
2.00
|
1.42
|
2.00m @ 1.42% Li2O from 241.20m
|
||||
|
246.75
|
249.40
|
2.65
|
0.93
|
2.65m @ 0.93% Li2O from 246.75m
|
||||
|
SYN-24-0889A
|
224.95
|
259.00
|
34.05
|
2.01
|
34.05m @ 2.01% Li2O from 224.95m
|
|||
|
315.65
|
339.15
|
23.50
|
1.47
|
23.50m @ 1.47% Li2O from 315.65m
|
||||
|
SYN-24-0890
|
237.60
|
251.60
|
14.00
|
1.89
|
14.00m @ 1.89% Li2O from 237.60m
|
|||
|
258.90
|
266.35
|
7.45
|
1.65
|
7.45m @ 1.65% Li2O from 258.90m
|
||||
|
SYN-24-0891
|
271.40
|
278.25
|
6.85
|
1.37
|
6.85m @ 1.37% Li2O from 271.40m
|
|||
|
SYN-24-0892
|
265.20
|
272.75
|
7.55
|
1.36
|
7.55m @ 1.36% Li2O from 265.20m
|
|||
|
287.25
|
289.80
|
2.55
|
1.45
|
2.55m @ 1.45% Li2O from 287.25m
|
||||
|
SYN-24-0893
|
123.50
|
138.75
|
15.25
|
1.28
|
15.25m @ 1.28% Li2O from 123.50m
|
|||
|
171.75
|
180.30
|
8.55
|
0.99
|
8.55m @ 0.99% Li2O from 171.75m
|
||||
|
182.95
|
200.40
|
17.45
|
1.62
|
17.45m @ 1.62% Li2O from 182.95m
|
||||
|
SYN-24-0894
|
310.25
|
356.40
|
46.15
|
1.36
|
46.15m @ 1.36% Li2O from 310.25m
|
|||
|
379.25
|
409.35
|
30.10
|
1.26
|
30.10m @ 1.26% Li2O from 379.25m
|
||||
|
SYN-24-0897
|
194.50
|
199.85
|
5.35
|
1.26
|
5.35m @ 1.26% Li2O from 194.50m
|
|||
|
284.40
|
303.00
|
18.60
|
1.27
|
18.60m @ 1.27% Li2O from 284.40m
|
||||
|
375.30
|
388.10
|
12.80
|
1.49
|
12.80m @ 1.49% Li2O from 375.30m
|
||||
|
SYN-24-0898
|
273.40
|
286.20
|
12.80
|
1.56
|
12.80m @ 1.56% Li2O from 273.40m
|
|||
|
306.20
|
311.45
|
5.25
|
2.96
|
5.25m @ 2.96% Li2O from 306.20m
|
|
Drillhole
|
From (m)
|
To (m)
|
Length (m)
|
Li2O %
|
Description
|
Area
|
||
|
SYN-24-0898ext
|
404.15
|
423.30
|
19.15
|
2.31
|
19.15m @ 2.31% Li2O from 404.15m
|
|||
|
SYN-24-0899
|
221.20
|
229.60
|
8.40
|
1.39
|
8.40m @ 1.39% Li2O from 221.20m
|
|||
|
234.60
|
237.25
|
2.65
|
1.70
|
2.65m @ 1.70% Li2O from 234.60m
|
||||
|
240.55
|
243.70
|
3.15
|
1.28
|
3.15m @ 1.28% Li2O from 240.55m
|
||||
|
SYN-24-0900
|
157.60
|
173.00
|
15.40
|
1.82
|
15.40m @ 1.82% Li2O from 157.60m
|
|||
|
230.35
|
243.85
|
13.50
|
1.79
|
13.50m @ 1.79% Li2O from 230.35m
|
||||
|
SYN-24-0901
|
170.00
|
180.20
|
10.20
|
1.28
|
10.20m @ 1.28% Li2O from 170.00m
|
|||
|
SYN-24-0903
|
185.10
|
226.10
|
41.00
|
1.69
|
41.00m @ 1.69% Li2O from 185.10m
|
|||
|
SYN-24-0906
|
211.05
|
226.20
|
15.15
|
1.36
|
15.15m @ 1.36% Li2O from 211.05m
|
|||
|
228.70
|
241.35
|
12.65
|
1.07
|
12.65m @ 1.07% Li2O from 228.70m
|
||||
|
327.30
|
330.85
|
3.55
|
1.91
|
3.55m @ 1.91% Li2O from 327.30m
|
||||
|
353.50
|
367.35
|
13.85
|
1.32
|
13.85m @ 1.32% Li2O from 353.50m
|
||||
|
SYN-24-0907
|
230.65
|
266.05
|
35.40
|
1.35
|
35.40m @ 1.35% Li2O from 230.65m
|
|||
|
302.65
|
305.30
|
2.65
|
2.22
|
2.65m @ 2.22% Li2O from 302.65m
|
||||
|
SYN-24-0908
|
139.95
|
142.00
|
2.05
|
1.04
|
2.05m @ 1.04% Li2O from 139.95m
|
|||
|
237.80
|
244.80
|
7.00
|
1.79
|
7.00m @ 1.79% Li2O from 237.80m
|
||||
|
SYN-24-0909
|
302.30
|
314.90
|
12.60
|
2.52
|
12.60m @ 2.52% Li2O from 302.30m
|
|||
|
SYN-24-0912
|
185.20
|
187.80
|
2.60
|
1.31
|
2.60m @ 1.31% Li2O from 185.20m
|
|||
|
197.80
|
200.75
|
2.95
|
1.18
|
2.95m @ 1.18% Li2O from 197.80m
|
||||
|
SYN-24-0921
|
316.00
|
318.00
|
2.00
|
1.83
|
2.00m @ 1.83% Li2O from 316.00m
|
|||
|
340.00
|
342.50
|
2.50
|
2.33
|
2.50m @ 2.33% Li2O from 340.00m
|
||||
|
SYN-24-0931
|
224.90
|
247.25
|
22.35
|
1.41
|
22.35m @ 1.41% Li2O from 224.90m
|
|||
|
299.85
|
305.75
|
5.90
|
1.46
|
5.90m @ 1.46% Li2O from 299.85m
|
||||
|
SYN-24-0932
|
223.15
|
233.20
|
10.05
|
1.12
|
10.05m @ 1.12% Li2O from 223.15m
|
|||
|
244.90
|
259.00
|
14.10
|
1.31
|
14.10m @ 1.31% Li2O from 244.90m
|
||||
|
267.70
|
270.90
|
3.20
|
1.18
|
3.20m @ 1.18% Li2O from 267.70m
|
||||
|
330.65
|
339.80
|
9.15
|
1.79
|
9.15m @ 1.79% Li2O from 330.65m
|
||||
|
SYN-24-0939
|
366.15
|
398.40
|
32.25
|
1.59
|
32.25m @ 1.59% Li2O from 366.15m
|
Notes: Table 5 presents all intervals above 0.6% Li2O over 2m. Bold text indicates Metal Factor greater than 25.
See Notes (2) (Table 1) for drilling intercept calculation methodology.
Moleon Area
All results from the Moleon area are located outside the current resource pit shell and indicate potential for future resource expansion. Key intercepts are outlined in Table 6. Drilling in the Moleon area
confirms the extension of sub-horizontal, east-west trending pegmatites from the Main and South areas, intersected by north-south striking, steeply dipping pegmatite dykes. This structural intersection creates zones of significant
mineralisation with substantial thicknesses. The new results further validate the eastward continuity of sub-horizontal pegmatites into the Moleon area, with N-S trending dykes exhibiting estimated true widths of up to 27m. Notable intercepts
include 1.78% Li₂O over 16.35m and 1.82% Li₂O over 26.75m in hole SYN-24-0887. Figure 1 provides further visual context for these findings
Table 6 – Moleon Area (intervals above 0.6% Li2O over 2m - outside MRE 2024 pit shell)
|
Drillhole
|
From
(m)
|
To (m)
|
Length
(m)
|
Li2O
%
|
Description
|
Area
|
||
|
SYN-24-0887
|
132.15
|
148.50
|
16.35
|
1.78
|
16.35m @ 1.78% Li2O from 132.15m
|
|||
|
200.90
|
227.65
|
26.75
|
1.82
|
26.75m @ 1.82% Li2O from 200.90m
|
||||
|
SYN-24-0911
|
7.65
|
14.55
|
6.90
|
1.66
|
6.90m @ 1.66% Li2O from 7.65m
|
Moleon
|
||
|
SYN-24-0911A
|
7.50
|
15.10
|
7.60
|
1.57
|
7.60m @ 1.57% Li2O from 7.50m
|
|||
|
197.60
|
201.95
|
4.35
|
1.83
|
4.35m @ 1.83% Li2O from 197.60m
|
||||
|
SYN-24-0915
|
169.55
|
172.10
|
2.55
|
0.76
|
2.55 @ 0.76% Li2O from 169.55m
|
Notes: Table 6 presents all intervals above 0.6% Li2O over 2m. Bold text indicates Metal Factor greater than 25.
See Notes (2) (Table 1) for drilling intercept calculation methodology.
The Moblan project is located about 130 km northwest of Chibougamau and approximately 85 km from the Cree community of Mistissini. Conveniently located within 300 metres of the Route du Nord, a regional highway
accessible year-round, the project benefits from direct connectivity to railway lines leading to major ports in Eastern Canada.
For more information, please contact:
Andrew Barber
Director of Investor Relations
Ph: +617 3369 7058
Email: [email protected]
About Sayona Mining
Sayona Mining Limited is a North American lithium producer (ASX:SYA; OTCQB: SYAXF), with projects in Québec, Canada and Western Australia.
In Québec, Sayona’s assets comprise North American Lithium together with the Authier Lithium Project and the Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont
Lithium Inc. Sayona also holds a 60% stake in the Moblan Lithium Project in northern Québec.
In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi style gold targets in the world class Pilbara region, while
its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC).
For more information, please visit us at www.sayonamining.com.au
About Investissement Québec
Investissement Québec’s mission is to play an active role in Québec’s economic development by stimulating business innovation, entrepreneurship and business acquisitions, as well as growth in investment and
exports. Operating in all of the province’s administrative regions, the Corporation supports the creation and growth of businesses of all sizes with investments and customised financial solutions. It also assists businesses by providing
consulting services and other support measures, including technological assistance available from Investissement Québec Innovation. In addition, through Investissement Québec International, the Corporation prospects for talent and foreign
investment, and assists Québec businesses with export activities.
References to Previous ASX Releases
| • |
Drilling confirms thick, high-grade lithium intercepts and further down-dip expansion of the Moblan pegmatite system – 27 April 2025
|
| • |
Moblan continues to deliver more high-grade lithium results from the 2024 drill program – 30 January 2025
|
| • |
Moblan mineral resource increase 81% to 93Mt – 27 August 2024
|
| • |
Moblan drilling reveals further high-grade lithium intersections – 13 June 2024
|
| • |
Moblan drilling delivers thick, high-grade intersections – 26 May 2024
|
| • |
Moblan Lithium Project Definitive Feasibility Study – 20 February 2024
|
| • |
Moblan drilling shows expansion potential – 23 October 2023
|
| • |
Drill results significantly expand Moblan lithium footprint – 11 July 2023
|
| • |
Moblan boosted by significant increase in lithium resource – 17 April 2023
|
The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and all material assumptions and technical parameters
continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.
Competent and Qualified Person Statement
The information in this announcement relating to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr. Carl Corriveau, PGeo, VP Exploration of Sayona, Mr
Alain Carrier, PGeo, independent consultant (Norda Stelo/InnovExplo) who are all members of the Quebec Order of Geologists, a Registered Overseas Professional Organisation as defined in the ASX Listing Rules, and has sufficient experience which
is relevant to the style of mineralisation and type of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves”. Mr Corriveau and Carrier consent to the inclusion in this release of the matters based on the information in the form and context in which they appear.
Forward Looking Statements
This press release contains certain forward-looking statements. Such statements include, but are not limited to, statements relating to "reserves" or "resources". Forward-looking statements are based on certain
assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond Sayona’s control. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking
statement. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such forward-looking statements.
Table 7 – Drillhole Collar Data
|
South Area
|
||||||||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
SYN-24-0816
|
507,453.39
|
5,619,711.36
|
478.33
|
180
|
-60
|
225.00
|
||
|
SYN-24-0817
|
507,549.46
|
5,619,697.12
|
480.11
|
180
|
-77
|
261.15
|
||
|
SYN-24-0819
|
507,500.78
|
5,619,724.58
|
479.52
|
180
|
-62
|
201.00
|
||
|
SYN-24-0824
|
507,613.25
|
5,619,763.60
|
482.13
|
182
|
-70
|
180.00
|
||
|
SYN-24-0852
|
506,376.79
|
5,619,792.51
|
568.24
|
210
|
-63
|
168.00
|
||
|
SYN-24-0854
|
506,452.95
|
5,619,632.92
|
550.58
|
180
|
-70
|
141.00
|
||
|
SYN-24-0855
|
506,468.44
|
5,619,929.90
|
540.39
|
180
|
-70
|
102.00
|
||
|
SYN-24-0856
|
506,469.63
|
5,619,571.10
|
544.20
|
165
|
-56
|
120.00
|
||
|
SYN-24-0857
|
506,480.01
|
5,619,892.32
|
539.37
|
180
|
-55
|
102.00
|
||
|
SYN-24-0859
|
506,526.31
|
5,619,886.58
|
536.83
|
177
|
-60
|
402.00
|
||
|
SYN-24-0861
|
506,563.37
|
5,619,944.41
|
536.02
|
180
|
-70
|
351.00
|
||
|
SYN-24-0862
|
506,557.07
|
5,619,566.21
|
533.92
|
180
|
-57
|
141.00
|
||
|
SYN-24-0864
|
506,598.31
|
5,619,548.19
|
539.45
|
188
|
-73
|
141.00
|
||
|
SYN-24-0866
|
506,642.67
|
5,619,830.42
|
537.92
|
188
|
-62
|
100.00
|
||
|
SYN-24-0873
|
507,452.40
|
5,619,890.18
|
484.40
|
184
|
-73
|
375.00
|
||
|
SYN-24-0874
|
507,620.58
|
5,619,824.44
|
483.64
|
176
|
-75
|
327.00
|
||
|
SYN-24-0918
|
507,304.49
|
5,619,619.89
|
478.35
|
194
|
-46
|
279.00
|
||
|
SYN-24-0925
|
506,896.29
|
5,619,578.12
|
494.30
|
180
|
-65
|
171.00
|
||
|
SYN-24-0926
|
506,954.76
|
5,619,511.41
|
478.79
|
180
|
-65
|
180.00
|
||
|
SYN-24-0927
|
506,889.63
|
5,619,515.65
|
495.47
|
180
|
-75
|
141.00
|
||
|
SYN-24-0936
|
507,303.98
|
5,619,619.75
|
478.28
|
180
|
-57
|
201.00
|
||
|
SYN-24-0937
|
507,352.61
|
5,619,629.01
|
478.66
|
180
|
-70
|
192.00
|
||
|
|
|
|
Sub-total
|
22
|
drillholes
|
4,501.15
|
|
Main Area
|
||||||||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
1331-16-112-ext
|
507,191.50
|
5,620,029.70
|
516.20
|
179
|
-53
|
444.60
|
||
|
1331-16-115-ext
|
507,250.70
|
5,620,267.70
|
538.60
|
179
|
-56
|
462.00
|
||
|
1331-22-165-ext
|
507,251.68
|
5,619,959.91
|
504.43
|
183
|
-69
|
348.00
|
||
|
1331-22-167-ext
|
507,096.81
|
5,619,952.81
|
504.19
|
172
|
-60
|
411.00
|
||
|
1331-22-171-ext
|
507,106.31
|
5,620,075.31
|
509.04
|
181
|
-51
|
462.00
|
||
|
1331-22-173-ext
|
507,151.86
|
5,620,072.75
|
515.38
|
180
|
-55
|
426.00
|
||
|
1331-22-179-ext
|
507,175.02
|
5,620,187.09
|
518.80
|
180
|
-55
|
420.00
|
||
|
1331-22-182-ext
|
507,282.30
|
5,620,117.43
|
524.36
|
160
|
-55
|
435.00
|
||
|
1331-22-185-ext
|
507,346.29
|
5,620,228.59
|
537.98
|
192
|
-58
|
435.00
|
||
|
1331-22-202-ext
|
506,950.44
|
5,620,099.76
|
505.27
|
177
|
-82
|
413.40
|
||
|
1331-22-210-ext
|
507,002.96
|
5,619,799.15
|
506.79
|
182
|
-81
|
423.00
|
||
|
1331-22-291-ext
|
507,002.75
|
5,619,986.40
|
506.91
|
180
|
-80
|
450.00
|
||
|
1331-22-292-ext
|
507,000.99
|
5,620,046.12
|
502.39
|
179
|
-80
|
423.00
|
||
|
1331-22-293-ext
|
507,013.51
|
5,620,109.58
|
503.30
|
200
|
-80
|
432.00
|
||
|
1331-22-295-ext
|
506,983.90
|
5,620,198.29
|
500.46
|
172
|
-75
|
408.00
|
||
|
1331-22-318-ext
|
507,297.38
|
5,620,302.75
|
548.11
|
180
|
-65
|
414.00
|
||
|
1331-22-344-ext
|
507,304.10
|
5,620,409.24
|
561.35
|
0
|
-85
|
420.00
|
||
|
1331-22-496-ext
|
507,401.53
|
5,620,500.67
|
569.31
|
180
|
-65
|
494.60
|
||
|
SYN-24-0742-ext
|
507,154.05
|
5,620,253.66
|
512.84
|
180
|
-65
|
399.00
|
|
Main Area
|
||||||||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
SYN-24-0751
|
507,257.74
|
5,620,396.88
|
552.75
|
177
|
-63
|
222.00
|
||
|
SYN-24-0751-ext
|
507,257.74
|
5,620,396.88
|
552.75
|
177
|
-63
|
471.00
|
||
|
SYN-24-0775-ext
|
507,243.39
|
5,620,283.42
|
538.18
|
180
|
-65
|
417.00
|
||
|
SYN-24-0794-ext
|
507,260.90
|
5,620,323.06
|
546.97
|
180
|
-65
|
444.00
|
||
|
SYN-24-0806-ext
|
507,190.04
|
5,620,334.94
|
526.62
|
180
|
-65
|
411.00
|
||
|
SYN-24-0875
|
507,347.74
|
5,620,044.23
|
500.51
|
175
|
-61
|
393.00
|
||
|
SYN-24-0876
|
507,297.84
|
5,619,952.86
|
490.77
|
175
|
-68
|
378.00
|
||
|
SYN-24-0883
|
507,346.81
|
5,620,178.23
|
532.30
|
182
|
-70
|
360.00
|
||
|
SYN-24-0895
|
507,347.55
|
5,620,044.91
|
500.95
|
180
|
-72
|
546.00
|
||
|
SYN-24-0896
|
507,364.13
|
5,620,066.53
|
508.86
|
195
|
-80
|
351.00
|
||
|
SYN-24-0920
|
507,286.91
|
5,620,048.96
|
513.33
|
180
|
-72
|
351.00
|
||
|
SYN-24-0929
|
507,221.78
|
5,620,071.67
|
516.65
|
180
|
-65
|
370.50
|
||
|
SYN-24-0930
|
507,396.86
|
5,620,211.41
|
532.60
|
152
|
-72
|
387.00
|
||
|
SYN-24-0933
|
507,124.03
|
5,620,151.18
|
508.29
|
175
|
-52
|
411.00
|
||
|
SYN-24-0934A
|
507,124.03
|
5,620,151.14
|
508.23
|
175
|
-66
|
384.00
|
||
|
|
|
|
Sub-total
|
34
|
drillholes
|
14,017.10
|
|
Inter Area
|
|
|
|
|
|
|||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
1331-22-343-ext
|
507,449.56
|
5,620,397.60
|
564.29
|
0
|
-85
|
408.00
|
||
|
SYN-24-0731
|
507,438.93
|
5,620,395.68
|
565.58
|
180
|
-60
|
381.00
|
||
|
1331-22-736-ext
|
507,446.71
|
5,620,455.56
|
583.24
|
180
|
-65
|
450.00
|
||
|
1331-22-785-ext
|
507,470.73
|
5,620,191.26
|
514.99
|
130
|
-65
|
630.00
|
||
|
SYN-24-0827
|
507,625.88
|
5,620,029.82
|
496.72
|
130
|
-53
|
318.00
|
||
|
SYN-24-0830
|
507,652.38
|
5,620,059.58
|
493.98
|
130
|
-50
|
336.00
|
||
|
SYN-24-0832
|
507,579.68
|
5,619,966.11
|
491.15
|
188
|
-65
|
426.00
|
||
|
SYN-24-0833
|
507,605.87
|
5,619,972.39
|
493.76
|
180
|
-60
|
351.00
|
||
|
SYN-24-0834
|
507,557.15
|
5,619,933.03
|
493.63
|
183
|
-62
|
363.00
|
||
|
SYN-24-0835
|
507,651.71
|
5,620,059.42
|
493.96
|
145
|
-72
|
276.00
|
||
|
SYN-24-0836
|
507,652.13
|
5,620,059.73
|
493.98
|
130
|
-60
|
300.00
|
||
|
SYN-24-0837
|
507,579.15
|
5,619,966.56
|
490.92
|
195
|
-75
|
486.00
|
||
|
SYN-24-0853
|
507,605.87
|
5,619,971.93
|
493.66
|
181
|
-52
|
390.00
|
||
|
SYN-24-0860
|
507,606.60
|
5,619,973.46
|
493.69
|
160
|
-60
|
390.00
|
||
|
SYN-24-0877
|
507,664.45
|
5,620,077.24
|
490.30
|
130
|
-67
|
252.00
|
||
|
SYN-24-0878
|
507,461.14
|
5,620,112.59
|
507.32
|
143
|
-67
|
606.00
|
||
|
SYN-24-0879
|
507,500.86
|
5,620,106.00
|
491.02
|
125
|
-58
|
351.00
|
||
|
SYN-24-0880
|
507,525.31
|
5,620,143.71
|
482.23
|
160
|
-73
|
327.00
|
||
|
SYN-24-0881A
|
507,521.19
|
5,620,209.66
|
498.40
|
130
|
-58
|
357.00
|
||
|
SYN-24-0884
|
507,613.00
|
5,620,227.31
|
498.60
|
128
|
-73
|
300.00
|
||
|
SYN-24-0885
|
507,664.53
|
5,620,014.36
|
496.05
|
162
|
-57
|
351.00
|
||
|
SYN-24-0886
|
507,660.23
|
5,620,202.49
|
489.48
|
93
|
-46
|
291.00
|
||
|
SYN-24-0888
|
507,573.99
|
5,620,132.78
|
478.58
|
99
|
-53
|
300.00
|
||
|
SYN-24-0889
|
507,568.98
|
5,620,048.10
|
483.56
|
182
|
-71
|
15.15
|
||
|
SYN-24-0889A
|
507,568.95
|
5,620,047.90
|
483.54
|
182
|
-71
|
360.00
|
||
|
SYN-24-0890
|
507,624.85
|
5,620,030.68
|
496.65
|
191
|
-80
|
300.00
|
|
Inter Area
|
||||||||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
SYN-24-0891
|
507,662.20
|
5,620,014.57
|
496.18
|
217
|
-70
|
315.00
|
||
|
SYN-24-0892
|
507,650.50
|
5,620,059.36
|
493.77
|
170
|
-66
|
306.00
|
||
|
SYN-24-0893
|
507,747.21
|
5,620,049.96
|
492.77
|
117
|
-65
|
252.00
|
||
|
SYN-24-0894
|
507,461.08
|
5,620,111.89
|
507.21
|
152
|
-59
|
429.00
|
||
|
SYN-24-0894-ext
|
507,461.08
|
5,620,111.89
|
507.21
|
152
|
-59
|
531.00
|
||
|
SYN-24-0897
|
507,642.76
|
5,620,251.86
|
495.25
|
30
|
-55
|
435.00
|
||
|
SYN-24-0898
|
507,597.84
|
5,620,213.67
|
495.10
|
30
|
-50
|
402.00
|
||
|
SYN-24-0898-ext
|
507,597.84
|
5,620,213.67
|
495.10
|
30
|
-50
|
438.00
|
||
|
SYN-24-0899
|
507,521.73
|
5,620,084.65
|
480.81
|
141
|
-71
|
384.00
|
||
|
SYN-24-0900
|
507,767.39
|
5,619,979.57
|
482.97
|
100
|
-48
|
300.00
|
||
|
SYN-24-0901
|
507,766.73
|
5,619,978.11
|
483.04
|
123
|
-49
|
300.00
|
||
|
SYN-24-0902
|
507,765.37
|
5,619,977.74
|
483.10
|
143
|
-48
|
303.00
|
||
|
SYN-24-0903
|
507,748.60
|
5,620,050.84
|
492.78
|
167
|
-48
|
333.00
|
||
|
SYN-24-0904
|
507,764.22
|
5,619,977.93
|
483.10
|
163
|
-48
|
300.00
|
||
|
SYN-24-0905
|
507,763.07
|
5,619,978.40
|
483.05
|
185
|
-48
|
300.00
|
||
|
SYN-24-0906
|
507,434.68
|
5,620,347.20
|
563.41
|
103
|
-67
|
384.00
|
||
|
SYN-24-0907
|
507,434.31
|
5,620,347.28
|
563.40
|
103
|
-80
|
369.00
|
||
|
SYN-24-0908
|
507,598.85
|
5,620,461.22
|
520.77
|
100
|
-50
|
330.00
|
||
|
SYN-24-0909
|
507,484.51
|
5,620,484.17
|
583.81
|
102
|
-49
|
402.00
|
||
|
SYN-24-0912
|
507,602.92
|
5,620,526.08
|
535.41
|
100
|
-50
|
258.00
|
||
|
SYN-24-0914
|
507,503.92
|
5,620,535.06
|
577.26
|
100
|
-50
|
303.00
|
||
|
SYN-24-0919
|
507,661.48
|
5,620,015.22
|
496.21
|
200
|
-58
|
360.00
|
||
|
SYN-24-0921
|
507,606.69
|
5,619,973.79
|
493.63
|
165
|
-52
|
401.00
|
||
|
SYN-24-0931
|
507,396.53
|
5,620,211.44
|
532.67
|
105
|
-77
|
375.00
|
||
|
SYN-24-0932
|
507,397.55
|
5,620,213.31
|
532.65
|
173
|
-64
|
573.00
|
||
|
SYN-24-0938
|
507,513.69
|
5,620,975.95
|
520.81
|
130
|
-50
|
264.00
|
||
|
SYN-24-0939
|
507,580.58
|
5,619,967.35
|
490.83
|
240
|
-83
|
510.00
|
||
|
|
|
Sub-total
|
53
|
drillholes
|
19,172.15
|
|
Moleon Area
|
||||||||
|
Drillhole
|
East (m)
|
North (m)
|
Elevation
(m)
|
Azimuth
|
Dip
Degrees
|
End of Hole
(m)
|
||
|
SYN-24-0887
|
507,825.96
|
5,620,031.89
|
485.38
|
93
|
-49
|
267.00
|
||
|
SYN-24-0911
|
507,890.86
|
5,620,505.32
|
486.51
|
100
|
-50
|
27.00
|
||
|
SYN-24-0911A
|
507,890.80
|
5,620,505.44
|
486.60
|
100
|
-50
|
240.00
|
||
|
SYN-24-0913
|
507,832.89
|
5,620,529.48
|
498.41
|
100
|
-50
|
285.00
|
||
|
SYN-24-0915
|
507,890.86
|
5,620,563.65
|
497.02
|
100
|
-50
|
240.00
|
||
|
SYN-24-0916
|
508,191.33
|
5,620,562.42
|
468.79
|
100
|
-50
|
102.00
|
||
|
SYN-24-0917
|
508,290.38
|
5,620,590.72
|
469.48
|
100
|
-52
|
102.00
|
||
|
|
|
|
Sub-total
|
7
|
drillholes
|
1,263.00
|
||
|
|
|
|
Total
|
116
|
drillholes
|
38,953.40
|
Notes: The coordinates are in metres in UTM NAD83 Zone 18 and elevation are above sea level.
APPENDIX A – JORC TABLES
JORC Code, 2012 Edition – Table 1
Section 1: Sampling Techniques and Data
|
Criteria
|
JORC Code explanation
|
Commentary
|
||||
|
Sampling techniques
|
Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.
|
Sampling at the Moblan Lithium Project (the ‘Project’) is adequate, of good quality and comes from core drilling. Core samples are obtained from diamond drilling (NQ and HQ diameter core).
New results from this release were from NQ and BTW core diameter.
|
||||
|
Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
|
Geological logging of recovered drill core visually identified pegmatite and its constituent mineralogy to determine the intervals for sampling. Lithium-bearing spodumene is easily identified. Sampling
has been determined on geological characteristics and ranges from between 0.25 m and 1.6 m in length. The core was cut using a diamond saw core-cutter, and half-cores were sampled. All pegmatite material intersected downhole has been
sampled.
|
|||||
|
Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation
drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems.
Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.
|
Sample preparation and assaying methods are industry-standard and appropriate for this type of mineralisation. The Project is supported by core samples taken by diamond drilling (no other sampling methods
were used).
|
|
Drilling techniques
|
Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling
bit or other type, whether core is oriented and if so, by what method, etc.).
|
Drilling from surface was carried out by diamond drilling methods, using a standard tube to recover NQ and HQ size core (no other drilling methods were used). The core was not orientated. Downhole drill
azimuth and dip have been determined by TN-14 azimuth aligner and downhole Reflex Gyro multi- and single-shot recording instruments; Flexit multi-shot; and Tropari and acid test for the remaining historical drill holes.
|
||||
|
Drill sample recovery
|
Method of recording and assessing core and chip sample recoveries and results assessed.
|
Drilling was directly into the hard (fresh) rock, starting at the surface, and core recovery approximates 100%. the core has been marked up, and the core recovery and RQD.
|
||||
|
Measures taken to maximise sample recovery and ensure representative nature of the samples.
|
To ensure the representative nature of the samples drilling has been by diamond drill core methods, measurements have been recorded. Core recoveries were typically high and considered acceptable, and it
is not believed a bias has been introduced into the sampling system.
|
|||||
|
Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
|
There is no correlation or bias between the grades obtained and core recovery.
|
|||||
|
Logging
|
Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
|
All drill core has been geologically logged to a level of detail appropriate for the Project. Geological logging, RQD measurements and structural information have been completed. The logging is
qualitative and is supported by photography of marked-up core. The logging was appropriate and of sufficient quality and level of detail to support the mineral resource estimation and mining and metallurgical studies.
|
||||
|
Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.
|
Geological logging recorded qualitative descriptions of lithology, alteration, mineralisation, veining, and structure. Logging also includes core recovery and RQD measurements.
|
|||||
|
The total length and percentage of the relevant intersections logged.
|
The 2024 Moblan Mineral Resource Estimate (‘2024 MRE’) is supported by 771 surface drillholes for 130,633m drilled between 2002 and the end 2023 and by surface channel samples (samples collected from 10
surface trenches) with database close-out date of April 2nd, 2024 (ASX announcement 27 August 2024).
Several results have been published since the 2024 MRE. In 2024, new release covers the results of 94 new drillholes totalling 20,735.75m (ASX announcement 26 May 2024), in June 2024, 34 new drillholes
(7,853m) were released (ASX announcement June 13th, 2024) and in January 2025, 57 new drillholes (13,999m) (ASX announcement January 30th, 2025), 99 drillholes (28,513.95) (ASX announcement April 27, 2025).
This release covers the results of 116 new drillholes totalling 38,953.40m.
The completed and released drill holes for the Project currently amount to 986 drillholes (198,100.35m). The sample database has been established in UTM coordinates (NAD 83 Zone 18).
|
|
Sub-sampling techniques and sample preparation
|
If core, whether cut or sawn and whether quarter, half or all core taken.
|
Drill core has been cut in half by a diamond saw, with half-core samples packaged and grouped into bulk bags for dispatch to the laboratory.
Half-core sampling is considered an appropriate method to ensure a sufficient quantity of sample is collected for it to be representative of the drill material and appropriate for the grain size of the
material being sampled.
|
||||
|
If non-core, whether riffled, tube sampled, rotary split, etc., and whether sampled wet or dry.
|
There was no sampling method other than diamond drilling (core drilling).
|
|||||
|
For all sample types, the nature, quality and appropriateness of the sample preparation technique.
|
Sampling, sample preparation and quality control protocols are considered appropriate for the material being sampled.
Since 2011, sample preparation has been conducted in independent accredited laboratories (SGS laboratories in Toronto, Ontario (Canada) and ALS and AGAT laboratories in Val-d’Or, Québec (Canada)).
AGAT: each core sample is dried and weighed, and the entire sample is crushed to 75% passing 2 mm. A split of up to 250 g is taken using a riffle splitter and pulverised to better than 85% passing 75 μm.
ALS: each core sample is dried and weighed, and the entire sample is crushed to 70% passing 2 mm. A split of up to 250 g is taken using a riffle splitter and pulverised to better than 85% passing 75 μm.
|
|||||
|
Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
|
The core samples have been selected by visual logging methods and are considered appropriate for the analytical work being carried out in an industry-standard manner.
|
|||||
|
Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
|
The remaining half-cores, crushed samples (rejects) and pulverised samples (pulps) are retained for further analysis and quality control checks.
|
|||||
|
Whether sample sizes are appropriate to the grain size of the material being sampled.
|
Sample sizes are considered appropriate for the style of mineralisation.
|
|||||
|
Quality of assay data and laboratory tests
|
The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
|
All samples were analysed at independent accredited laboratories (SGS laboratories in Toronto, Ontario (Canada), and ALS and AGAT laboratories in Val-d’Or, Québec (Canada)).
All the 2007–2010 samples were analysed by SGS in Toronto by Sodium Peroxide Fusion and ICP-MS finish using a 0.2 g aliquot of pulverised material.
In 2022–2025, all core samples were analysed at ALS by ME-MS589L Sodium Peroxide Fusion and ICP-MS finish using a 0.2 g aliquot of pulverised material. Previous operators and Sayona have regularly
inserted third-party reference control samples and blank samples in the sample stream to monitor assay and laboratory performance. Assaying was completed by ALS Laboratories.
It is believed that the sampling, assaying and laboratory procedures are representative of the drilled material and appropriate for the Project.
|
|
For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and
their derivation, etc.
|
There was no sampling method other than diamond drilling. No geophysical tools or XRF instruments have been used in determining mineralisation.
|
|||||
|
Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been
established.
|
QA/QC was ensured by the insertion of Certified Reference Material (‘CRM’), half-core duplicate sampling, and the insertion of blanks into the sample sequence. Protocols include the systematic insertion
of CRM standards at approximately 1 for every 25 samples and alternating blank samples of quartz and core duplicate samples at a rate of 1 for every 25 samples in previous operator programmes (SOQUEM). Since June 2022, Sayona's
protocols have switched to 1 control sample for every 20 samples.
The CRMs used for monitoring lithium values are OREAS 750, OREAS 751, OREAS 752, OREAS 753 and OREAS 999. Occasionally, a CRM for Zn (OREAS 630B) has been used to validate other metals. These standards
have been selected to reflect the target mineralisation type. Assays of quality control samples were compared with reference samples in the database and verified as acceptable prior to using the data from the analysed batches.
The assaying techniques and quality control protocols used are considered appropriate for the data to be reported in its current form and for the estimation of mineral resources.
|
|||||
|
Verification of sampling and assaying
|
The verification of significant intersections by either independent or alternative company personnel.
|
Sampling intervals defined by the geologist were assigned sample identification numbers prior to core cutting.
The results have been reviewed by multiple geologists. The company conducts internal data verification protocols, which have been followed. Significant intersections were verified by company personnel and
CPs.
There are no currently known drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data.
|
||||
|
The use of twinned holes.
|
No twinned holes have been drilled.
|
|||||
|
Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
|
All sampling and assay information were stored in a secure GeoticLog database with restricted access.
Assay results from the laboratory with corresponding sample identification are loaded directly into the GeoticLog database.
|
|||||
|
Discuss any adjustment to assay data.
|
Li% has been converted to Li2O% for reporting purposes. The conversion used is Li2O = Li x 2.1527. No other adjustments to the assay data have been made.
|
|||||
|
Location of data points
|
Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
|
The drilling collars are positioned using handheld GPS and then professionally surveyed after completion. The professional survey firms of Paul Roy, Arpenteur-Géomètre, and Caouette, Thériault &
Renaud, both based in Chibougamau, provided a land surveyor with a GPS base station to survey the completed drill collar locations.
Drill rigs were aligned using an electronic azimuth aligner (TN-14 azimuth aligner). Downhole survey data were collected at 3-m intervals using Reflex EZ and Flexit instruments. Some historical drill
holes were subjected to Tropari and acid tests to monitor down-hole deviations.
The government’s LIDAR survey of the area was used to prepare a DEM/topographic model for the Project. There are no mine workings on the site.
|
||||
|
Specification of the grid systeusMed.
|
The grid system is UTM NAD83 Zone 18.
|
|
Quality and adequacy of topographic control.
|
The quality and adequacy of the topographic control and drill hole database are considered appropriate for the work undertaken, and the data is suitable for use in mineral resource estimation.
|
|||||
|
Data spacing and distribution
|
Data spacing for reporting of Exploration Results.
|
The drill hole spacing ranges from 20–65m within the mineral resource area.
The spacing between drill hole fences is typically around 50m apart.
The drilling grid is looser in areas at the exploration stage and may include isolated drill holes.
|
||||
|
Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserves estimation procedure(s) and
classifications applied.
|
The data spacing is sufficient to establish the degree of geological and grade continuity for the exploration results, yielding Measured, Indicated and Inferred Mineral Resources within the Main dykes and
Indicated and Inferred Mineral Resources within the South, Inter and Moleon dykes.
Significant assay intercepts remain open.
Further drilling is required to determine the extent of currently defined mineralisation. New drilling results obtained since the 2024 MRE database close-out date could potentially locally upgrade some
resources and add new resources.
|
|||||
|
Whether sample compositing has been applied.
|
One metre (1m) compositing is applied to samples used for the mineral resource estimation. Samples from drill holes completed after the 2024 MRE were not composited.
For the purposes of illustrating exploration results, lithium values for pegmatite dykes are reported as the weighted average of individual samples.
|
|||||
|
Orientation of data in relation to geological structure
|
Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
|
Drilling may intersect mineralisation at various angles but is typically orthogonal to the lithium pegmatites dykes. Some drill positions have utilised the same drill pad but with a variable dip to
intersect the target mineralisation at depth.
|
||||
|
If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
|
The relationship between the drilling orientation and the orientation of key mineralised structures is appropriate. Drill holes exploring the extent of the Project intersected four (4) lithium-bearing
pegmatite dyke swarms: Main, South, New South and Moleon. Each corresponds to a series of stacked dykes of variable thickness separated by faults. The Main group comprises 5 dykes oriented E-W and dipping gently to the north
(N260°/-20°) and two dykes oriented approximately N-S and dipping steeply to the west (N180°/-70°). The South group comprises 12 dykes oriented E-W and nearly sub-horizontal or dipping gently to the south (N260°/-10°) and one dyke
oriented approximately N-S and dipping steeply to the west (N180°/-70°). The New South group comprises 12 dykes oriented E-W and nearly sub-horizontal or dipping gently to the south (N260°/-5°) and one dyke oriented approximately N-S
and dipping steeply to the west (N180°/-70°). The Moleon group comprises 1 dyke oriented E-W and nearly sub-horizontal or dipping gently to the south (N260°/-5°) and 9 dykes oriented N-S and dipping steeply to the west (N180°/-70°).
Spodumene pegmatite dykes in the area are typically tabular bodies, and the reported results appear consistent with that style of mineralisation. Drill hole orientation does not appear to have introduced
a sampling bias.
|
|||||
|
Sample security
|
The measures taken to ensure sample security.
|
All reasonable measures and industry-standard sample and storage protocols have been applied.
Sample security is controlled by tracking samples from the drill rig through core logging, sampling, laboratory preparation and analysis, and database entry. Drill core was delivered from the drill rig to
the core yard every shift. On completion of geological and geotechnical logging, Laurentia Exploration or Sayona personnel and/or their representatives finished processing the core and sent the samples to the laboratory.
|
|
Audits or reviews
|
The results of any audits or reviews of sampling techniques and data.
|
Internal reviews of core handling, sample preparation and laboratory procedures were conducted on a regular basis by both Laurentia Exploration or Sayona personnel and/or by their representatives.
The CP for the resource estimate, Mr. Alain Carrier, P.Geo., completed an independent logging and sampling review, and conducted re-sampling of selected core intervals. The results of the CP’s independent
re-sampling programme are satisfactory.
Independent (Technominex) and internal (Sayona) CPs also conducted site visits and reviewed the application of core logging and sampling protocols and procedures.
During the 2024 Summer-fall campaign, sampling was conducted at Service MNG in Val-d’Or and at Services Technominex in Rouyn-Noranda. The drill core was logged and sampled by experienced geologists (Sayona/Laurentia Exploration) at
the Moblan site, at the Chatillon camp. Sayona has continued the same sampling procedures as for the 2022-2023 campaign. The transportation of the core was handled by these two companies (MNG and Technominex). The cores were palletised
at the site after logging and alternately transported by these two service companies. The delivery of the samples to the ALS laboratory was carried out by MNS (in Val-d'Or) and Technominex (in Rouyn-Noranda). The 2024 core storage is
located at the LAN mining site in La Corne, and the storage of pulp and rejects is at the warehouse in Amos.
The sample preparation, security and analytical procedures are consistent with current industry standards and are appropriate and acceptable for the styles of mineralisation identified and will be
appropriate for use in mineral resource estimation. There are no identified drilling, sampling or recovery factors that materially impact the adequacy and reliability of the results of the drilling programme on the Project.
|
JORC Code, 2012 Edition – Table 2
Section 2: Reporting of Exploration Results
|
JORC Code explanation
|
Commentary
|
|||||
|
Mineral tenement and land tenure status
|
Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests,
historical sites, wilderness or national park and environmental settings.
|
Moblan is situated in the northwestern part of the Province of Québec, Canada.
The Moblan Property, host to the lithium mineral resources outlined in the 2024 MRE consists of 20 claims (roughly 433 ha or 4.3 km2) held by Sayona Nord (60%) and Investissement Québec (40%). The Moblan Property is subject to a 1.5 to 2.5% Gross Overriding Revenue (‘GOR’) royalty payable to Lithium Royalty Corporation.
|
||||
|
The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
|
All claims are in good standing as of July 7, 2025. Claims are currently owned 60% by Sayona Nord Inc. (101628) and 40% by Investissement Québec (19383). On 31 December 2023, SOQUEM transferred its 40%
participation in Moblan Property claims to Investissement Québec. Investissement Québec is now a 40% partner in the Moblan Property (according to the document entitled “Moblan joint venture agreement deed of assignment” dated 31
December 2023. There are no impediments that have been identified for operating in the Project areas.
|
|||||
|
Exploration done by other parties
|
Acknowledgment and appraisal of exploration by other parties.
|
The current Properties cover and overlap many historical mining and exploration properties. The boundaries and names of those properties have evolved following changes in ownership, option agreements, or
land packages as claims were abandoned or added. Exploration work has been varied (e.g., prospecting, mapping, geophysics, geochemistry, drilling, etc.) and has focused on a variety of commodities (e.g., precious metals, base metals,
and, more recently, critical and strategic minerals).
Interest in lithium in the area began in the 1960s inside the current limits of the Moblan Property. Surface prospecting and trenching performed by Muscocho Explorations Ltd in 1963 resulted in the
discovery of numerous lithium-bearing dykes. A few of the dykes had been sampled earlier and revealed high grades of lithium oxide. Twenty-eight (28) lithium-bearing pegmatite dykes have been discovered in six (6) separate areas on the
Moblan Property between 1992 and 2004, during work conducted by Abitibi Lithium Corporation.
The current Project has been the subject of significant exploration and drilling efforts, including geophysics, geochemistry, historical studies, metallurgical testing and engineering studies.
|
||||
|
Geology
|
Deposit type, geological setting and style of mineralisation.
|
The Properties host several mineral occurrences and showings. These (and other adjacent) occurrences highlight the strong potential of the area for (i) Li pegmatite deposits; (ii) Cu-Zn VMS deposits;
(iii) Au orogenic quartz-carbonate veins and disseminated sulphide deposits; (iv) Ni-Cu-PGE magmatic sulphide deposits; and (v) Au-Cu porphyry systems (e.g., Troilus Gold).
The economic potential of the Moblan Property is for lithium mineralisation (spodumene pegmatites). Lithium-bearing pegmatites were grouped into four (4) dyke swarms: Main, South, New South and Moleon.
Each
corresponds to a series of stacked lithium-bearing dykes of variable thicknesses separated by faults
|
|
Criteria
|
JORC Code explanation
|
Commentary
|
||||
|
The Main group comprises 5 lithium pegmatite dykes oriented E-W and dipping gently to the north (N260°/-20°) and two dykes oriented approximately N-S and dipping steeply to the west (N180°/-70°). This
swarm extends laterally E-W for approximately 1500 m and 500 m N-S. In this group, the thickest dyke has an average intercept length of 25 m.
The South group comprises 12 dykes oriented E-W and almost sub-horizontal or dipping gently to the south (N260°/-10°) and one dyke oriented approximately N-S and dipping steeply to the west (N180°/-70°).
This swarm extends laterally E-W for approximately 1800 m and 300 m N-S. In this group, the thickest dyke has an average intercept length of 45 m.
The New South group comprises 12 dykes oriented E-W and dipping moderately to the north (N260°/-5°) and one dyke oriented approximately N-S and dipping steeply to the west (N180°/-70°). This swarm extends
laterally E-W for approximately 1800 m and 300 m N-S. In this group, the thickest dyke has an average intercept length of 29 m.
The Moleon group comprises 1 dyke oriented E-W and nearly sub-horizontal or dipping gently to the south (N260°/-5°) and 9 dykes oriented N-S and dipping steeply to the west (N180°/-70°). This swarm
extends laterally N-S for approximately 750 m and 250 m E-W. In this group, the thickest dyke has an average intercept length of 26 m.
|
||||||
|
Drill hole Information
|
|
A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
• easting and northing of the drill hole collar
• elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole
• collar dip and azimuth of the hole
• down hole length and interception depth
• hole length.
|
Refer to previous exploration releases for the drill hole information of the previously reported intercepts (ASX announcements of 26 April 2022; 27 June 2022; 17 April 2023, 11 July 2023, 22 October 2023,
27 May 2024, 13 June 2024, 27 August 2024, 30 January 2025, 27 April 2025).
Material information on the Project’s drill holes is illustrated on the figures (plan views, sections, results tables) in ASX Announcements of April, July and October 2023, and in May, June, and August
2024, 30 January 2025, and 27 April 2025.
The coordinates in the figures and the tables are in metres (UTM NAD83 Zone 18), and the elevation is in metres above sea level.
The selection of the most significant drill hole intercepts was based on high metal factors (%Li2O content x length in
metres) for intervals in spodumene pegmatite dykes. In ASX Announcements of April, July and October 2023, of May and June 2024 and of January 2025 and 27 April 2025, the table includes collar dip and azimuth of the hole, down hole
length, interception depth, and hole length.
Depending on the azimuths and plunges of the selected boreholes, the drilled lengths are apparent and do not reflect true thicknesses.
The CPs were provided with all necessary detailed drill hole information to complete the 2024 MRE and 2024 DFS.
|
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|
If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should
clearly explain why this is the case.
|
The Project is at an advanced stage of exploration, with a reported mineral resource, ongoing engineering studies, and a substantial database of 986 drillholes (198,100.35m). All the details are therefore
not presented in table form.
Drilling resumed on the Project after the publication of the 2024 MRE and while engineering studies on the Project were still being carried out. The new 2024 drilling results are not included in the 2024
MRE. The CPs do not believe that their omission will materially affect the 2024 MRE. The new drilling results will have an influence mainly on the periphery of the current resources, potentially contributing to the conversion of
resources
|
|
Criteria
|
JORC Code explanation
|
Commentary
|
||||
| (upgrading) and adding new resources (ASX Announcements of July and October 2023, May, June, August 2024, and January and April 2025). | ||||||
|
Data aggregation methods
|
In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.
|
Significant assay intercepts are reported as the weighted average over total pegmatite core length.
Li2O grades do not show great variations (coefficient of variation of 0.85). Based on statistical analysis, no capping is
required, and no capping was applied to the Project’s Li2O grades.
Refer to previous exploration releases for the drill hole information of previously reported intercepts.
|
||||
|
Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of
such aggregations should be shown in detail.
|
Aggregation of Li2O grades to obtain the weighted average of a significant intercept is constrained within single pegmatite
dykes.
|
|||||
|
The assumptions used for any reporting of metal equivalent values should be clearly stated.
|
No metal equivalent values were used.
|
|||||
|
Relationship between mineralisation widths and intercept lengths
|
These relationships are particularly important in the reporting of Exploration Results.
|
The reported significant assay intervals represent apparent widths. Refer to previous exploration releases for the drill hole information of previously reported intercepts.
|
||||
|
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
|
Drilling is not always perpendicular to the dip of mineralisation, and true widths are less than downhole widths. Lithium pegmatites correspond to a series of stacked dykes of variable true thicknesses.
|
|||||
|
If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).
|
Pegmatite intercepts (%Li2O over m) are expressed over downhole length (not over true width).
|
|||||
|
Diagrams
|
Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill
hole collar locations and appropriate sectional views.
|
Refer to the figures in previous resources and exploration releases (ASX Announcement of April, July and October 2023, and May, June and August 2024, and January and April 2025) for illustrations of
previously reported holes and assays and for the block model results of the 2024 MRE.
|
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
SAYONA MINING LIMITED
|
||
|
Date: July 22, 2025
|
By:
|
/s/ Dylan Roberts
|
|
Name: Dylan Roberts
|
||
|
Title: Company Secretary and General Counsel
|
||
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