ELEVRA LITHIUM LIMITED — Regulatory Filings 2016

Apr 4, 2016

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5 APRIL 2016

ITABELA DRILLING PROGRAM COMPLETED

Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce completion of the maiden drilling program at the Itabela graphite project in Brazil.

Forty-nine air-core and reverse circulation drill holes totaling 2,440 metres have been completed at the San Manuel and San Ruben prospects. The aim of the program, included:

• Testing the grade, strike and lateral extensions of known mineralisation at San Manuel and San Ruben;

• Testing depth extensions to know mineralisation where the limit of drilling is generally between 10 and 20 metres from surface; and

• Validating assays from historical drilling programs.

Samples are being dispatched for analysis, and the results and analysis are expected to be completed by the end of the month.

For more information, please contact:

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

Sayona Mining Limited is an Australian, ASX-listed (SYA), 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

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