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Talga Resources Ltd.
Summary
| Project: | Kiskama | |
|---|---|---|
| Deposit: | Kiskama | |
| Location: | Sweden | |
| Commodities: | Copper-Cobalt | |
| Date: | 8/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-8-2019: Talga Resources Ltd. announces a Resource Estimation report for its Kiskama deposit at the Kiskama project. Initial mineral resource estimate for project. Advanced carbon battery materials and industrial graphene solutions provider, Talga Resou | |
| Resources: | (Resource, Inf.): 7.672Mt @ 0.25% Cu, 0.04% Co | |
| CP/QP: | [Resources]: Elizabeth and Andrew de Klerk (Micon International Ltd.) | |
| ABSTRACT: | Advanced carbon battery materials and industrial graphene solutions provider, Talga Resources Ltd (“Talga” or “the Company”)(ASX:TLG) is pleased to announce a maiden JORC Mineral Resource Estimate for its Kiskama copper-cobalt deposit (“Kiskama”) 40km east of Kiruna in northern Sweden. A high-level pit design and optimisation program was also completed to visualise and plan for any potential development. Kiskama lies in a low risk cobalt jurisdiction close to Europe’s emerging battery supply chains. Talga will now seek development partners for the early stage cobalt opportunity as the Company’s priority is its flagship and highly advanced north Sweden battery anode (graphite) project. Talga Managing Director, Mr Mark Thompson: “The maiden JORC-compliant mineral resource estimate for Kiskama has achieved a solid base from which to lift the project above exploration level. In addition, the timing of its potential further development is right to match the growing need for conflict-free sources of critical minerals, such as cobalt, to make lithium-ion batteries in Europe. From here, Talga will seek partners to further explore and develop this copper-cobalt project in north Sweden. The potential is to build larger scale on this core estimate with growth-targeted exploration along strike and down dip, including the newly identified large geophysical conductor “K2” located just 600m to the east.” | |
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