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Sayona Mining Ltd (DMNXF) Developing an Advanced Lithium Project with JORC Ore Reserves and a Completed Pre-Feasibility Study

2017-05-28 20:51 ET - News Release

Brisbane, Australia, May 29, 2017 - (ABN Newswire) - Sayona Mining Ltd (ASX:SYA) (OTCMKTS:DMNXF) is pleased to provide the Company's latest Investor Presentation titled "Developing an Advanced Lithium Project with JORC Ore Reserves and a Completed Pre-Feasibility Study".

Sayona Mining's strategy is to power the future by sourcing and developing the raw materials essential for lithium-ion battery production.

Sayona Value Proposition

- Authier is an advanced, de-risked project. Pre-Feasibility Study and Ore Reserve completed

- Executing a plan to get into production and generate cash flow - low capital hurdle & competitive operating costs

- Located in a first world country with access to world-class, low-cost infrastructure

- Base case pre-tax NPV of A$140 million and low enterprise value compared to industry peers

- Board and management team have track record of delivering projects

Assessing Value Adding Opportunities

- Lower-value Concentrates
Sell lower-value concentrates to battery converters in Canada or China
o Concentrate sell at >US$750/t

Benefits from value-adding concentrates
o Reduces transport costs
o Hydroxide key feed-stock to new revolution lithium-ion batteries
o Low processing technology risk
o Significant price premium paid for value-added products

- Value-Added Lithium
Sell value-added lithium products to battery manufacturers across the world
o Lithium hydroxide sells for >US$20,000/t

Quebec location advantages
o Leverages low-cost energy
o Skilled low-cost, workforce
o Close to the US battery markets
o Favourable taxation regime
o Acid for processing readily available

To view the full presentation, please visit:
http://abnnewswire.net/lnk/7U3E1ULQ


About Sayona Mining Ltd:

Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is a company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. Please visit us as at www.sayonamining.com.au

Contact:
 
Sayona Mining Ltd
T: +61-7-3369-7058
E: info@sayonamining.com.au
WWW: www.sayonamining.com.au


Source:

Sayona Mining Ltd

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