Sayona Mining Ltd (ASX:SYA) Quarterly Activities Report
Quarter Highlights
- Strategic partnership announced with leading US lithium corporation, Piedmont Lithium Limited, to invest up to US$12 million (AUD$15.5m) in Sayona Mining, together with offtake agreement
- Battery researcher, Novonix Limited, to test Authier product s potential for 99.97% purity lithium hydroxide battery
- Tansim Lithium Project in Quebec further expanded, with new drilling program planned for both Tansim and flagship Authier Lithium Project
- In Western Australia, gold exploration advances with airborne magnetic survey completed at Deep Well and Mount Dove projects
- Oversubscribed A$20.4m fully underwritten renounceable rights issue to support expansion of Sayona s Quebec lithium projects, including bid for North American Lithium.
Brisbane, Australia - Emerging lithium miner Sayona Mining Limited released today its activities report for the March quarter 2021, highlighting further advances at its lithium projects in Quebec, Canada together with gold exploration in Western Australia. Quarter Highlights - Strategic partnership announced with leading US lithium corporation, Piedmont Lithium Limited, to invest up to US$12 million in Sayona .
Sayona Mining Ltd (ASX:SYA) Expands Tansim Project as Lithium Demand Accelerates
Expands Tansim Project as Lithium Demand AcceleratesBrisbane, Mar 11, 2021 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
Highlights
- Sayona expands Tansim Lithium Project, Quebec following acquisition of 90 additional claims, increasing project size to 15,907 ha, a 44% increase in lithium acreage
- Ex-North American Lithium (NAL) COO Yves Desrosiers appointed director of Authier Lithium Project, including responsibility for the BAPE process, as Sayona Quebec advances project approvals.
Located 82 kilometres south-west of the Company s flagship Authier Lithium Project, the Tansim project now encompasses 275 claims spanning 15,907 ha of prospective lithium acreage, up 44% on the previous holding. A drilling program set to commence comprising 26 drill holes for 4,200m aims to expand the lithium mineralisation following previous diamond core drilling and complete a
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Aya Gold & Silver Signs Binding Agreement to Acquire Algold Resources
Aya Gold & Silver Inc.February 19, 2021 GMT
Mont-Royal, Feb. 19, 2021 (GLOBE NEWSWIRE) Montreal, Quebec, February 19, 2021 - Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd. (“Algold”), it has entered into a binding term sheet (the “Investment Agreement”) with Algold pursuant to which Aya would fund Algold’s Proposal to its creditors (“the Proposal”) and at closing, would become the sole shareholder of Algold (the “Transaction”).