Sayona Mining ( (AU:SYA) ) just unveiled an announcement.
Sayona Mining Limited has announced significant results from its 2024 drill program at the Moblan Lithium Project in Québec, Canada. The drilling has confirmed thick, high-grade lithium intercepts outside the current Mineral Resource Estimate (MRE) pit shell, indicating potential for resource expansion. Results within the MRE pit shell also support the conversion of Inferred resources to higher categories, enhancing the project’s value. With assay results still pending for additional drill holes, the company anticipates further resource growth, positioning Moblan as a key asset in meeting global lithium demand.
More about Sayona Mining
Sayona Mining Limited is a North American lithium producer focused on the exploration and development of lithium projects. The company is primarily engaged in the mining industry, with a strategic focus on expanding its lithium resource base to meet the growing global demand for lithium.
YTD Price Performance: -18.75%
Average Trading Volume: 417,146
Technical Sentiment Signal: Strong Buy
Current Market Cap: $140.6M
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