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Sayona Mining Ltd (ASX:SYA) Option to Acquire Eastern Tenement Along Strike From Authier

Brisbane, Australia, Mar 16, 2017 - (ABN Newswire) - Sayona Mining Limited (ASX:SYA.AX - News) (OTCMKTS:DMNXF - News) ("Sayona" or the "Company") is pleased to announce it has signed an Option-to-Purchase agreement to acquire a tenement along strike to the east from the Authier deposit.

The eastern tenement is strategically important and straddles the eastern extension of the Authier deposit (see Figure 1 in the link below). The Company plans on drilling the optioned tenement during the current Phase 2 drilling program.

The option to acquire a 100% interest in tenement CDC 2187652 is exercisable anytime during the next five years, by making payments including, CAD$25,000 on signing, CAD$5,000 on each anniversary between year two and five, and CAD$75,000 on exercise of the option.

To view tables and figures, please visit:
http://abnnewswire.net/lnk/8736197X


About Sayona Mining Ltd:

Sayona Mining Limited (ASX:SYA.AX - News) 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:

Corey Nolan Chief Executive Officer Phone: +61-7-3369-7058 Email: info@sayonamining.com.au www.sayonamining.com.au

Source:

Sayona Mining Ltd

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