Announcement Date: 2022-09-20
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Talga Group Ltd.
Project name: Vittangi
Location: Sweden
Commodities: Graphite
Highlight: Drilling results incl. 85m at 23.0% from 87m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Battery materials company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to report drill results from exploration at the Company’s 100% owned Vittangi Graphite Project in Sweden (“Vittangi” or “the Project”). Earlier this year Talga completed a 36-hole diamond drill program of the ~2km long “Niska Link” graphite target at Vittangi (ASX:TLG 14 April 2022) and released assay results of the first 13 drillholes (ASX:TLG 6 July 2022). The assay results from the balance of 23 drill holes have now been received, showing further zones of high grade graphite (“Cg”) mineralisation over substantial downhole widths. Maximum grades reach 50.3%Cg (at 43m, NIS22007) and the Niska Link zones, along with adjacent Niska South and North deposits, remain open at depth and along strike. See Tables 1, 2 and 6 below for drillhole and assay details. The Company has commenced an update of the Vittangi graphite resource and this is expected to be complete in Q4 2022. Exploration drilling is designed to continue building on what is Europe’s largest deposit of contained natural graphite, converting the Vittangi JORC exploration target (ASX:TLG 20 July 2021) and further increase Talga’s graphite resources
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