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Talga Resources Ltd.
Summary
| Project: | Ahmavuoma | |
|---|---|---|
| Deposit: | Discovery Zone | |
| Location: | Sweden | |
| Commodities: | Cobalt-Copper-Gold | |
| Date: | 10/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-10-2017: Talga Resources Ltd. announces an Exploration/Drilling Update report for its Discovery Zone deposit at the Ahmavuoma project. Re-assay of historic diamond drillhole results incl. 73.1m @ 0.24% Cu, 0.16% Co from 33.75m. Technology minerals compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Amanda Scott (Scott Geological AB) | |
| ABSTRACT: | Technology minerals company, Talga Resources Ltd (“Talga” or “the Company”) (ASX Code: TLG) is pleased to report results from reassaying of historic diamond drillcore from the Company’s 100% owned Ahmavuoma base metal Project located in northern Sweden (“Ahmavuoma”). As part of a broader evaluation of all the Company’s cobalt-bearing projects, historic diamond drillcore from Ahmavuoma was re-logged and re-sampled to include previously un-assayed zones to more accurately identify the copper-cobalt-gold mineralisation. Talga Managing Director Mark Thompson commented: “Results from Ahmavuoma continue to impress with significant widths and grades of sulphide hosted cobalt and copper. This is at a time of intense interest in battery material supply chains globally and also specifically in Europe, with car manufacturing giant Volkswagen moving to secure a 10-year supply of cobalt to support its future production of electric vehicle batteries. We are encouraged that Talga’s cobalt rich base metal assets could play a key role in the potential supply of cobalt and other technology minerals for the fast growing battery market”. | |
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