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Talga Resources Ltd.

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Summary

Project:

Vittangi

Deposit:Niska
Location:Sweden
Commodities:Graphite
Date:10/15/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Feasibility Study
Report details:15-10-2019: Talga Resources Ltd. announces a Resource Estimation report for its Niska deposit at the Vittangi project. Resource estimate for the Niska deposits at project. Advanced battery anode materials and graphene additives provider Talga Resources Lt
Resources:(Resource, Ind.): 4.64Mt @ 25.82% Cg at Niska
CP/QP:[Resources]: Simon Coxhell (CoxsRocks Pty Ltd.)
ABSTRACT:Advanced battery anode materials and graphene additives provider Talga Resources Ltd (“Talga” or “the Company”)(ASX: TLG) is pleased to announce a maiden JORC Mineral Resource Estimate (“MRE”) for its Niska graphite deposits (“Niska”) which form part of the wider Vittangi Graphite Project located in northern Sweden. The Niska deposits (North and South) are located 1-2km northeast along strike of the current Nunasvaara JORC-compliant (2012) MRE of 12.3Mt @ 25.5% graphite (“Cg”) (ASX:TLG 27 Apr 2017). Talga Managing Director, Mr Mark Thompson: “This new and first resource for the Niska discovery is a very positive development. Not only is it more than double the size of the Nunasvaara ore reserve that underlies the PFS we published in May, it is higher in grade and opens up a range of potential options for development that we will scope out separately at this stage. This conversion of Niska from discovery to resources adds further strength to Talga’s plans to build a large, long term European source of anode products for the lithium-ion battery industry.”

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