- New drilling at North American Lithium (NAL) operation with results from 91 drillholes and wedges totalling 26,605m has identified high-grade lithium mineralisation to the north-west, north-east, south-east and below the Mineral Resource Estimate (MRE) pit shell
- North-West Extension – New Pegmatites
- 32.88m @ 1.72% Li2O from 269.62m in drillhole LAN-23-094
- 19.35m @ 1.63% Li2O from 346.72m in drillhole LAN-23-095
- 20.05m @ 1.60% Li2O from 350.75m in drillhole LAN-23-139-W1
- Resources Area – Potential Resources Upgrade or Conversion
- 47.50m @ 1.29% Li2O from 402.85m in drillhole LAN-23-034
- 25.65m @ 1.56% Li2O from 320.75m in drillhole LAN-23-044
- 43.25m @ 1.48% Li2O from 377.75m in drillhole LAN-23-053A
- 17.95m @ 1.81% Li2O from 168.80m in drillhole LAN-23-062
- 21.40m @ 1.43% Li2O from 46.95m in drillhole LAN-23-075
- 57.65m @ 1.54% Li2O from 334.85m in drillhole LAN-23-080
- 21.90m @ 1.46% Li2O from 138.50m in drillhole LAN-23-085
- 22.80m @ 1.36% Li2O from 106.30m in drillhole LAN-23-118
- Additional, new pegmatites discovered to the south-east and north-east of the existing MRE
- Assay results pending for additional 24 drillholes (4,592m) of the 2023 drilling campaign.
North American lithium producer
The newly discovered zones are poised to become a focal point for NAL’s assessment of future mining options. Initial assessments indicate the presence of high-grade lithium mineralisation outside the MRE pit shell which may represent a substantial addition to NAL’s resource portfolio and may contribute to extending NAL’s life of mine.
The 2023 drill program has successfully highlighted the potential of the NAL mine located in Québec’s highly prospective Abitibi-Temiscamingue region and confirm the possible conversion of Inferred resources to Measured and Indicated categories within the MRE pit shell. The program aimed to increase and secure the resource base of the operation while targeting a high reserve conversion rate. A selection of assays results are displayed in Table 1 and Figure 1.
Sayona’s Interim CEO,
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2024 GlobeNewswire, Inc., source