Sayona Mining confirms high-grade lithium potential at Québec’s NAL Project

Sayona Mining (ASX:SYA) announced the final results of its 2024 drilling campaign at the North American Lithium operation in Québec, confirming the project's large-scale, high-grade lithium potential.

The program, conducted in partnership with Piedmont Lithium (Sayona 75%; Piedmont 25%), comprised 36 drill holes totalling 16,601.80m and delivered several intercepts across key exploration zones.

Highlights from the Northeast area include a standout intercept of 35m at 1.45% Li₂O from drillhole LAN-24-280, and 16.40m at 1.51% Li₂O from LAN-24-271.

In the North-West Extension, new pegmatite discoveries featured high-grade intercepts such as 15.20m @ 1.75% Li₂O (LAN-24-234) and 18.10m @ 1.74% Li₂O (LAN-24-279), suggesting the mineralisation could extend up to 400m further northwest.

Sayona confirmed that all assay results from the campaign have now been validated, providing strong support for expanding the resource base and potentially upgrading inferred resources to the indicated category.

Drilling also identified multiple new pegmatite dykes in the Southeast and South Areas, including near-surface mineralisation.

"These reaffirm NAL's position as a premier lithium asset in North America. The discovery of new high-grade mineralisation in both the Northeast and Northwest extensions strengthens our confidence in NAL's future resource growth and operational expansion potential," said Sayona CEO Lucas Dow.

Sayona is now focused on incorporating the data into an updated mineral resource estimate, advancing a scoping study for a potential brownfields expansion, and refining mine planning strategies.

Further exploration drilling is also planned to continue expanding the resource footprint.

Located approximately 60km north of Val-d'Or and 38km southeast of Amos, the NAL site benefits from year-round road access and close proximity to experienced mining communities, offering strategic advantages for future development.

At the time of reporting, Sayona Mining's share price was $0.017.