Sayona Mining Ltd (SYAXF)

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NEW LITHIUM PEGMATITE DISCOVERY AT MOBLAN PROJECT
Highlights
• Discovery of a significant new southern lithium pegmatite zone at Moblan Lithium Project, Québec
• Highlights include 5m @ 1.85% Li2O from 3.5m and 35m @ 1.62% Li2O from 27.6m in hole DDH135
together with 6.6m @ 1.69% Li2O from 2.1m and 27.2m @ 1.53% Li2O from 22.0m in hole DDH136;
mineralisation at shallow, 60m vertical depth, open in all directions and near main Moblan deposit
• Results demonstrate potential for a northern hub to add to Sayona’s established Abitibi lithium
hub, as the Company further strengthens its leading lithium (spodumene) resource base in North
America.
Emerging lithium producer Sayona Mining Limited (ASX:SYA; OTC:SYAXF) has received positive drilling
results from its Moblan Lithium Project in northern Québec, with the discovery of a new southern
lithium pegmatite zone near the main Moblan deposit. Sayona has a 60% interest in this area.
Assay results from two holes, completed at the newly defined Moblan South Discovery, have identified
lithium mineralisation at shallow depth, located some 200m south of the main Moblan deposit. Results
include 5m @ 1.85% Li2O from 3.5m and 35m @ 1.62% Li2O from 27.6m in hole DDH135 together with
6.6m @ 1.69% Li2O from 2.1m and 27.2m @ 1.53% Li2O from 22.0m hole DDH136 (refer Table 1).
The Moblan South Discovery is a new and distinct spodumene pegmatite zone, open in all directions.
The drill holes form part of a 35 hole, 4,683m diamond drill program recently completed at Moblan.
Assay results for other drill holes are pending, with a follow-up drilling program planned as soon as
possible.
Sayona’s Managing Director, Brett Lynch said: “These results are excellent, demonstrating the quality of
the Moblan Lithium Project and highlighting the potential for a significant resource expansion.
“Moblan is set to form the basis of a major northern hub for Sayona in Québec, complementing our
established Abitibi lithium hub in the south and adding to our position as holding the leading lithium
resource base in North America.”

https://sayonamining.com.au/wp/wp-content/uploads/2022/04/SYA_ASX-Announ_20220426_Moblan-Drill-Discovery.pdf