Sayona Mining Announces Increase to Mineral Resource Estimate for North American Lithium
27 August 2024 - 8:50PM
Business Wire
Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL;
ASX: PLL), a leading North American supplier of lithium
products critical to the U.S. electric vehicle supply chain, today
announced that Sayona Mining Limited (“Sayona”) (ASX: SYA) reported
a mineral resource update for North American Lithium in accordance
with the JORC Code (2012). NAL is jointly owned by Piedmont (25%)
and Sayona (75%).
Sayona’s announcement can be found here.
The statements in the link above were prepared by, and made by,
Sayona. The following disclosures are not statements of Piedmont
and have not been independently verified by Piedmont. Sayona is not
subject to U.S. reporting requirements or obligations, and
investors are cautioned not to put undue reliance on these
statements.
About Piedmont Lithium
Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL) is developing a
world-class, multi-asset, integrated lithium business focused on
enabling the transition to a net zero world and the creation of a
clean energy economy in North America. Our goal is to become one of
the largest lithium hydroxide producers in North America by
processing spodumene concentrate produced from assets where we hold
an economic interest. Our projects include our Carolina Lithium and
Tennessee Lithium projects in the United States and partnerships in
Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic
Lithium (AIM: ALL; ASX: A11). We believe these geographically
diversified operations help us to play a pivotal role in supporting
America’s move toward energy independence and the electrification
of transportation and energy storage. For more information, follow
us on Twitter @PiedmontLithium and visit
www.piedmontlithium.com.
Cautionary Note to U.S. Investors
Piedmont’s public disclosures are governed by the U.S. Exchange
Act of 1934, including Regulation S-K 1300 thereunder, whereas NAL
discloses estimates of “measured,” “indicated,” and “inferred”
mineral resources as such terms are used in the JORC Code and
Canada’s National Instrument 43-101. Although S-K 1300, the JORC
Code, and NI 43-101 have similar goals in terms of conveying an
appropriate level of confidence in the disclosures being reported,
they at times embody different approaches or definitions.
Consequently, investors are cautioned that public disclosures by
NAL prepared in accordance with the JORC Code or NI 43-101 may not
be comparable to similar information made public by companies,
including Piedmont, subject to S-K 1300 and the other reporting and
disclosure requirements under the U.S. federal securities laws and
the rules and regulations thereunder.
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version on businesswire.com: https://www.businesswire.com/news/home/20240827298858/en/
Erin Sanders SVP, Corporate Communications & Investor
Relations T: +1 704 575 2549 E: esanders@piedmontlithium.com
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