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Sayona Mining ( (AU:SYA) ) has provided an update.
Sayona Mining Limited has released updated results from its 2024 drilling program at the North American Lithium operation in Québec, Canada, which highlight the discovery of high-grade lithium mineralization. The drilling program, which included 153 holes totaling over 53,000 meters, confirmed the potential for resource expansion and the upgrade of mineral resources. The results are significant for Sayona’s strategic asset base, potentially leading to a future expansion and supporting the merger with Piedmont Lithium, which aims to further develop this project.
More about Sayona Mining
Sayona Mining Limited is a North American lithium producer, focusing on the exploration and development of lithium projects, primarily in Québec, Canada. The company has a significant market focus on the development of high-grade lithium resources, which are integral to the growing demand for lithium in electric vehicle and battery technologies.
YTD Price Performance: -35.00%
Average Trading Volume: 844,088
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $165M
See more data about SYA stock on TipRanks’ Stock Analysis page.
