SYA 2.78% 3.5¢ sayona mining limited

Posted this before this is the Definitive AgreementRock Edge...

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    Posted this before this is the Definitive Agreement

    Rock Edge Resources Executes Definitive Agreement to Acquire Val-d'Or East - Junior Mining NetworkDoes this mean two hydroxide plants?
    1. Rock Edge is 30 kms from Val-d'Or- kms SE from NAL. With Sayona planning a refinery of LiOH located approx 70 kms SE of the property
    2. The map also shows Sayona Becancour refinery LiOH 350 kms away
    Amos is north - so it is not Amos what is being referenced to.



    VANCOUVER, BC / ACCESSWIRE / April 11, 2023 / Rock Edge Resources ("Rock Edge," or the "Company") is pleased to announce that it has entered in a definitive agreement to acquire all of the issued and outstanding securities in the capital of 1403437BC Ltd. (the "Acquisition").

    1403437 BC Ltd. holds a 100% undivided interest in the Val-d'Or East Mineral Claims (the "Property") in the Province of Quebec, Canada. The Property consists of 90 mining claims covering approximately 5,292 hectares or 53 square km. The Property is located 30km southeast of Val-d'Or, accessible via the regional 117 highway.

    The Property is located approximately 65km southeast from The NAL Lithium Processing Plant (A Piedmont/Sayona Joint Venture), which just announced it produced its first batch of spodumene concentrate (SC6) and 30km southwest of Val-d'Or, a logistics hub for mining service. Currently, three lithium refiners are in the works, with Sayona planning to commission a refinery that will output Lithium Hydroxide, located approximately 70km southeast of the Property. Additionally, there is a third refinery planned by Nameska near Becancour, about 200km southeast of the Rock Edge's Val d'Or East Lithium Project.

    The Property is contiguous to Sayona Mining Limited's (ASX: SYA) Property and to Brunswick exploration property. The Property lies chiefly on the metagraywackes of the Pontiac Geological Subprovince. The Réservoir Decelles Batholith is located 1-3km away from the Property and consists of a heterogeneous granite which contain muscovite-pegmatites. The vicinity of the Property was prospected for Cu-Ni (Lac Granet, Lac Louvicourt-South and Céré-Villebon), and the search for pegmatites was ignored until very recently.

    https://hotcopper.com.au/data/attachments/5191/5191465-4c680cc896a44664073dd06f8fc469a3.jpg

 
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