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Sayona Mining Limited (SYAXF) Q4 2024 Earnings Call Transcript

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Sayona Mining Limited (OTCQB:SYAXF) Q4 2024 Earnings Conference Call January 30, 2024 5:30 PM ET

Company Participants

Lucas Dow – MD and CEO
Sylvain Collard – President and COO, Canadian Operations
Dougal Elder – CFO
Andrew Barber – Director, IR

Conference Call Participants

Austin Yun – Macquarie
Noel Parks – Tuohy Brothers Investment Research
Reg Spencer – Canaccord

Operator

Thank you for standing by and welcome to the Sayona Mining Limited FY 2025 December Quarter Results. All participants are in listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to Mr. Lucas Dow, Managing Director and Chief Executive Officer. Please go ahead.

Lucas Dow

Thank you. Good morning, everyone. I would also like to welcome Dougal Elder, our CFO; Andrew Barber, our Director of Investor Relations; and Sylvain Collard, our President and COO of Canadian Operations to the call.

Today, I’ll provide an initial overview of our December 2024 quarterly report, covering operational performance and exploration activity before then moving on to provide financial and strategic updates. Following that, I’ll discuss the latest drilling results from North American Lithium, NAL and Moblan in more detail, results which continue to demonstrate strong lithium potential.

Before turning it over to questions, I’ll then ask Sylvain Collard, our COO and President of Canadian Operations, to review progress at NAL since the restart of operations nearly two years ago and also provide some insight into the further work we have underway.

To start with on the operational performance at NAL during the last quarter, on the safety front, we saw an increase in our injury frequency rate in the quarter, due primarily to exploration activities at Moblan.

However, in comparison with FY 2024, we are continuing to trend down in relation to

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