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Talga Resources Ltd.

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Summary

Project:

Vittangi

Deposit:Nunasvaara North
Location:Sweden
Commodities:Graphite
Date:1/19/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-1-2017: Talga Resources Ltd. announces an Exploration/Drilling Update report for its Nunasvaara North deposit at the Vittangi project. Drilling results incl. 23.1m @ 22.9% Cg from 27.4m. Talga Resources Ltd (ASX:TLG) (“Talga” or “the Company”) is pleas
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Amanda Scott (Scott Geological AB.)
ABSTRACT:Talga Resources Ltd (ASX:TLG) (“Talga” or “the Company”) is pleased to report further high grade graphite results from drilling completed at the Company’s 100%-owned projects located in north Sweden (Fig 1). The results are from the remaining two drillholes at the Vittangi graphite project and record high grade graphite (“Cg”) from the southern-most line of drilling at the Nunasvaara North deposit (Fig 2) which remains open in this direction and at depth. Significant graphite intercepts from these two holes are highlighted below and detailed in Table 1-2 along with all previously announced significant graphite results from the 2016 drilling program (see ASX:TLG 6 Dec 2016). The new drill results from Nunasvaara North will be used to revise the current JORC (2012) resource estimate at Vittangi. Preliminary work on the new resource estimate is underway and on track to be delivered and announced next month. At the Company’s Piteå graphite project located approximately 40km west of the port of Piteå and 300km south from Vittangi, Talga tested two electromagnetic anomalies for graphite mineralisation (see Figure 1 and Table 1 for location data).

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