The reverse circulation drilling program has been planned to test the graphite potential of the Corkwood anomaly. The program is expected to be between 2,500 - 3,500 metres, weather permitting. The area has never been previously drilled for graphite.
Corkwood is a 25 kilometre zone of graphite prospective stratigraphy. Petrographic studies have demonstrated the potential for large flake graphite, a high-value product that attracts premium pricing.
Sampling, mapping and geophysics at Corkwood has identified six prospective target areas for drilling over a 7 kilometre strike length. Drill target selection is based on the following:
- Areas of high-grade rock chip samples up to 20.2% total graphitic carbon;
- Zones mapped on surface with graphite outcrop widths of up to 35 metres; and
- Strong and coherent conductive anomalies from geophysics, coincident with surface mineralisation.
The objective of the drilling program is to confirm:
- The grade, width and strike extent of the main anomalies;
- The potential for bulk tonnage mineralisation, especially at the Flying Ant prospect which has an 800 metre strike length; and
- Early indications of the graphite flake size potential.
Figure 1 and 2 outline the priority target zones and Figures 3-5 demonstrate key targets based on geochemical and geophysical analysis.
To view the Figures, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-SYA-895493.pdf
About Sayona Mining Ltd:
Sayona Mining Limited (ASX:SYA) is an Australian, ASX-listed, company focused on sourcing and developing high purity flake graphite for use in the rapidly growing new technology sectors and industrial sectors.
Source:
Sayona Mining Ltd
Contact:
Corey Nolan Chief Executive Officer T: +61 7 3369 7058 E: info@sayonamining.com.au WWW: www.sayonamining.com.au