SYA 10.3% 3.2¢ sayona mining limited

Ann: Drilling Commences at Mallina Project Spodumene Pegmatites, page-11

  1. 1,492 Posts.
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    SYA first need to prove there is any lithium in the ground. We are currently doing a 2,500m program now to test what is potentially in the ground, very early days IMO.

    Authier Project has had over 26,000m of drilling with proven resources and a JORC completed. Engineering designs for the DFS pretty much complete, signed MOU, and environmental studies have been all completed for Authier Project. Currently have a few issues to get over before getting that mining licence, parking this would not be in the best interest of the company IMO.

    WA I think COULD have some big resource in the ground, but I think this is many years away before any DFS will be completed. Hopefully Authier profits will fund the future drilling and development of this.

    DYOR - good luck
 
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