Sayona Mining (ASX:SYA) has significantly expanded its Canadian lithium resource base with an initial JORC Mineral Resource estimate for its Moblan lithium project of 51.4 million tonnes @ 1.31% lithium oxide.
Sayona Mining says the estimate represents one of North America's single largest lithium resources, and that the figure has flexibility for higher tonnage production, with estimated Measured, Indicated and Inferred Resource of 70.9M tonnes @ 1.15% Li2O.
It also says over 60,000m of planned drilling is anticipated to further expand size and grade of project, with added potential from recently acquired adjacent Troilus claims.
Sayona Mining owns 60% of Moblan, and SOQUEM owns 40%.