Talga confirms ‘high-grade’ graphite mineralisation at Niska Link, Sweden

Talga Group (ASX:TLG) reports it has confirmed ‘high-grade’ graphite mineralisation over substantial downhole widths at its 100% owned Vittangi Graphite Project in Sweden.

The first drill results from a 36-hole drill program was the maiden test of a 2km long target between the Niska South and Niska North deposits where the company had defined geophysical conductors beneath shallow soil cover.

Talga reports assay results from the first 13 drillholes at the Niska Link affirmed ‘high-grade’ graphite (Cg) with maximum values reaching 46% Cg.

Significant downhole intercepts include:

  • 84m @ 20.2% Cg (from 15m) NIS22005 incl. 37m @ 29.6% Cg
  • 103m @ 17.9% Cg (from 55m) NIS22006 incl. 43m @ 20.2% Cg
  • 33m @ 21.9% Cg (from 66m) NIS22019 incl. 22m @ 25.7% Cg
  • 29m @ 29.1% Cg (from 58m) NIS22026 incl. 16m @ 35.6% Cg (to end of hole)

The 2022 drilling campaigns are designed to continue testing the large Vittangi JORC exploration target and is expected to contribute towards a further increase of Talga’s graphite resource scheduled later this year.

The results of the remaining drillholes are expected in August.

Talga acquired its first graphite permits in Sweden for the lithium-ion battery market in 2011.

The company, which was founded by Mark Thompson in Perth in 2010, is a battery anode and advanced materials company accelerating the global transition towards sustainable growth.

It is building a vertically integrated operation to supply green natural graphite anode products to lithium-ion battery manufacturers and automotive OEM customers.

By 2031, Europe is forecast to require about 1 million tonnes anode per annum (tpa), while global demand is projected to reach some 8mtpa.

Talga’s ambition is to enable the world’s most sustainable battery and consumer products.

The company’s vertical integration, strategic location, and innovative processes are a key part of its strategy.

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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.