Sayona Mining Ltd (ASX:SYA) Magnetic Drill Targets Identified at Pilbara Gold Projects
Magnetic Drill Targets Identified at Pilbara Gold ProjectsBrisbane, May 12, 2021 AEST (ABN Newswire) - Sayona Mining Limited (
OTCMKTS:DMNXF) is advancing its Western Australian gold exploration, amid high Australian dollar prices for the precious metal. Exploration within the Company s newly expanded 911 sq km of gold tenements in the Pilbara is targeting intrusion-related gold mineralisation, similar to De Grey Mining s nearby Hemi discovery.
Preliminary processing and interpretation of the high resolution 3,900 line km airborne magnetics survey data has identified magnetic anomalies at the Mt Dove and Deep Well Projects. At Mt Dove, five features and a number of prospective structural zones have been identified, with 11 anomalies determined at Deep Well. A number of secondary targets and features for additional testing have also been identified.