Sayona Mining Ltd (SYAXF)

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Filed with OTCBB and Published: 2021-07-21 08:08:23 []
Reporting Period Ending In: 2021-03-31
Download: Quarterly-Report-March-2021.pdf : application/pdf
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Authier Lithium Project
Sayona continues to refine its flagship Authier Lithium Project for potential enhancements to its
profitability, with the project set to play a key role in the Company’s planned multi-project Abitibi lithium
hub which has the potential to generate new jobs and investment for the benefit of Québec, and wealth for
shareholders.
As part of these enhancements, Sayona announced a planned C$2 million drilling program at both Authier
and the emerging Tansim Lithium Project (refer ASX announcement 27 January 2021).
At Authier, the Company plans 31 drill holes for a total of 4,500m of diamond drilling, with a goal of
expanding current ore resources and improving the strip ratio to enhance its profitability.
In late March, Sayona announced plans to conduct product trials with leading battery researcher Novonix
Limited (ASX:NVX), focused on delivering a clean and green 99.97% lithium hydroxide battery suitable for
North American EV makers (refer ASX announcement 31 March 2021).
Under an agreement with Novonix and Australian clean tech hydroxide technology provider, ICS Lithium
(ICS), spodumene samples from the Authier Lithium Project will initially be processed into lithium hydroxide
using the ICS closed loop refining system.
The samples will then be sent to Novonix’s independent battery testing facilities in Canada for evaluation
of their conformity with lithium-ion battery standards and to enable performance comparisons in
commercial cells suitable for potential offtake partners.
The aim of the tests is to highlight the Authier Project’s ability to deliver a minimum 99.97% lithium
hydroxide product suitable for leading battery cathode makers in North America. Testing is scheduled to
commence in May 2021.
Also, during the quarter, Sayona Québec appointed highly experienced mining executive, Yves Desrosiers,
as director of the Authier Project.
Mr Desrosiers, who previously held senior management roles at North American Lithium, will be responsible
for advancing the necessary approvals for the project, including managing the Bureau d'audiences publiques
sur l'environnement (BAPE) public hearings and ensuring Sayona earns a social licence to operate.
Concerning Authier’s EIS, Sayona received further feedback from Québec’s Ministry of the Environment and
the Fight against Climate Change (MELCC). The follow-up questions covered such areas as road access, flora
and fauna and air quality, as per normal for a project of this nature.


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