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Talga Resources Ltd.
Summary
| Project: | Vittangi | |
|---|---|---|
| Deposit: | Niska | |
| Location: | Sweden | |
| Commodities: | Graphite | |
| Date: | 6/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 5-6-2019: Talga Resources Ltd. announces an Exploration/Drilling Update report for its Niska deposit at the Vittangi project. Drilling results incl. 135.6m @ 25.75% Cg from 4.4m. Advanced materials technology company, Talga Resources Ltd (“Talga” or “the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Amanda Scott (Scott Geological AB) | |
| ABSTRACT: | Advanced materials technology company, Talga Resources Ltd (“Talga” or “the Company”) (ASX:TLG), is pleased to announce the first batch of diamond drillhole assay results from the recently completed drilling campaign (see ASX:TLG 4th April 2019) at its Vittangi Graphite Project. A total of 28 exploration diamond drillholes for 3046.5m were completed at Niska, located 1-2km northeast along strike of the Nunasvaara JORC-compliant (2012) Mineral Resource Estimate (MRE) of 12.3Mt @ 25.5%Cg (see ASX:TLG 27 Apr 2017). Drilling at Niska focussed on two discrete areas, Niska North and South, separated by approximately 1300m that remains to be tested. Assay results have now been received for 12 drillholes with the balance of results expected within 3-4 weeks. Significant assay intercepts are summarised in Table 1 below, with drill hole details in Table 2 and detailed assay results in Table 3. Talga Managing Director, Mr Mark Thompson: “The assay results to date confirm a major discovery and extension of the Nunasvaara graphite deposit. Following resource work we would like to consider the whole strike of graphite at Vittangi for potential to scale up to become a significant graphite province, for Sweden and Europe, and provide the basis for a long term technology mineral industry far greater in scope than the recent PFS considers.” | |
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