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2,606.20
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17,369.09
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92.9
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17,369.09
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41,393.78
(0.72%)
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36,581.76
(-0.68%)
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8,273.09
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0.6611
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54,860.55
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69.24
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2,606.20
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92.9
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2,606.20
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92.9
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17,369.09
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41,393.78
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36,581.76
(-0.68%)
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8,273.09
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69.24
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2,606.20
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92.9
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69.24
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2,606.20
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36.58
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92.9
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17,369.09
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41,393.78
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36,581.76
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92.9
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41,393.78
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92.9
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2,606.20
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36.58
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92.9
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17,369.09
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41,393.78
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36,581.76
(-0.68%)
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8,273.09
(0.39%)
USD/AUD
0.6611
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54,860.55
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69.24
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2,606.20
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36.58
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Iron Ore
92.9
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17,369.09
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41,393.78
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92.9
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TG Metals (ASX: $TG6) continues high grade lithium drilling at Burmeister

TG Metals (ASX:TG6) announces high grade lithium drilling results at Burmeister


TG Metals Limited (TG Metals) (ASX:TG6) has released the latest assay results from the Burmeister deposit, demonstrating consistent high grade lithium mineralisation. The drilling activities at the Lake Johnston Li-Ni- Au Project in Western Australia have confirmed multiple intersections of spodumene bearing pegmatites with high Li2O grades and widths up to 14 metres. The CEO, Mr. David Selfe, expressed confidence in the potential of the Burmeister and Jaegermeister deposits, highlighting the thickening of the pegmatites towards a north-westerly direction and the likelihood of exceeding the previously reported Exploration Target.

Executive Commentary on Burmeister and Jaegermeister drilling results


TG Metals CEO, Mr. David Selfe, stated, 'Burmeister continues to deliver consistent lithium spodumene mineralisation with high grades and widths similar to those received in previous drilling. Burmeister is progressing towards its first resource whilst we are assessing our new Jaegermeister discovery for size potential. Every new round of drilling increases our confidence that TG Metals has the premier lithium deposits in the Lake Johnston greenstone belt and the most prospective tenements for further lithium exploration potential. We are seeing thickening of the pegmatites towards a north-westerly direction at both Burmeister and Jaegermeister which underpins our confidence that the current Exploration Target can be exceeded with further drilling.'

Summary of TG Metals' Burmeister drilling results and future plans


The latest drilling results at Burmeister demonstrate the consistent high grade lithium mineralisation and the potential for exceeding the previously reported Exploration Target. The Company plans to resume drilling at Lake Johnston once weather conditions allow, with a focus on the rain-affected southern section of Burmeister. Additionally, further flora and fauna surveys will be conducted to prepare for resource development. The metallurgical testwork is progressing well and a detailed R&D report based on the results is planned. TG Metals remains optimistic about the future exploration potential and the development of the lithium deposits at the Lake Johnston Project.

TG METALS LIMITED
TG6 | ASX | Materials
0.1350.0025(+1.89%)
At close 20/09 (AEDT)
Market cap
$9.4M
Volume
9,001
DY Yield
0
PE Ratio
0
52 Week Range
0.086 - 1.3
1YR Return
N / A

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