Talga Reports Maiden Resource Estimate for Jalkunen Graphite Project

Resource Investing News

Talga Resources Ltd. (ASX:TLG) announced the maiden JORC mineral resource estimate for its Sweden-based Jalkunen graphite project. The company said that the estimate triples the total indicated and inferred inventory across its Swedish graphite-graphene projects to over 43 million tonnes.

Talga Resources Ltd. (ASX:TLG) announced the maiden JORC mineral resource estimate for its Sweden-based Jalkunen graphite project. The company said that the estimate triples the total indicated and inferred inventory across its Swedish graphite-graphene projects to over 43 million tonnes.
Other highlights include:

  • Maiden JORC Inferred resource at Jalkunen (Talga’s 3rd graphite resource in Sweden) – 31.5 million tonnes @ 14.9% graphite
  • Strong potential to upgrade Jalkunen resource with further drilling
  • Jalkunen amenable to same graphene liberation process used at Vittangi project, just 50km to northwest
  • Combined total graphite inventory has international grade and scale significance
  • Supports Talga’s European graphene and graphite production ambitions

Mark Thompson, managing director of Talga, commented:

The Jalkunen resource estimate is extremely encouraging on a number of fronts. Not only does it elevate the project from target to resource status, it springboards into the top nine graphite deposits by size and is within top six for grade of worldwide graphite resources (Talga’s Vittangi project is rated number one – see Technology Metals Research Advanced Graphite Projects Index1). This is significant as this was the first drill test by Talga and required relatively few holes, so the deposit has a high potential for further growth if required. Also, the Jalkunen resource sits close to the previously announced Jalkunen Exploration Target2 which provides encouragement regarding endowment of the remaining graphite Exploration Target portfolio.
Our initial metallurgical work has confirmed amenability of Jalkunen to follow the same dual graphite and graphene processing pathway as our Vittangi project. Talga is confident regarding the growth outlook in markets for both graphene and related nano and micro graphite products across a range of new applications from batteries to building materials. The combined resources at Vittangi and Jalkunen provide the platform to supply that growth.

Click here to read the full Talga Resources Ltd. (ASX:TLG) press release.

The Conversation (0)
×