TG Metals Limited (TG Metals) (ASX: $TG6) has recommenced exploration drilling activities at the Burmeister Lithium prospect at Lake Johnston. The current program aims to target up-dip extensions of known mineralisation and has already yielded promising results, including the best drill interval to date of 17.1m @ 1.66% Li2O. The company is also progressing with drilling approvals for the Jaegermeister lithium prospect and other targets within its Lake Johnston tenements.
'These final results from the 2023 drilling further cements Burmeister as a significant high grade spodumene lithium discovery. It is still early days with only 22 holes drilled into such a large mineralised system and each round of drilling results improves our understanding. An initial analysis of the mineralogy has provided particularly encouraging results showing that spodumene is the dominant lithium mineral in the Burmeister pegmatites and the dominant mineral in the pegmatite itself. This bodes well for simple mineral processing which will be investigated as we build up core samples for our first round of metallurgical tests scheduled for February. The current round of drilling, just commenced, will target up-dip of known mineralisation and extensions along strike in preparation for the resource drillout phase later in Q2 2024. Meanwhile we continue to progress with permitting for first drilling at the promising Jaegermeister prospect and other targets within our Lake Johnston tenements.'
TG Metals' exploration drilling activities at the Burmeister Lithium prospect have delivered promising results, solidifying it as a significant high-grade spodumene lithium discovery. The company's focus on understanding the mineralogy and conducting metallurgical tests indicates a strategic approach towards potential future extraction processes. With the current drilling program targeting up-dip extensions of known mineralisation and extensions along strike, TG Metals is positioning itself for the resource drillout phase later in Q2 2024. Additionally, the progress in permitting for drilling at the Jaegermeister prospect and other targets within its Lake Johnston tenements reflects the company's commitment to advancing its exploration activities and unlocking the full potential of its projects.