“In-pit” in this context simply means the drill holes lie inside the 2024 Mineral Resource Estimate (MRE) pit shell—that is, within the conceptual open-pit footprint that’s been defined.
By focusing on “in-pit” areas, Sayona is gathering the data needed to ensure that tonnes already scheduled for extraction meet the strict drill-density and grade-continuity requirements for bankable resources.Anything drilled outside the pit shell is “step-out” drilling—aimed at expanding the pit laterally or at depth—whereas “in-pit” holes are all about converting existing resources scheduled for mining into higher-confidence categories.
SYA Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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