TG Metals Drilling Delivers Further High Grade Lithium At Burmeister

The Lake Johnston Project hosts the Burmeister high grade lithium discovery and several surrounding lithium prospects. The drilling program has provided sufficient core sample for first round of metallurgical testwork to commence.

By Mr David Selfe:

TG Metals Limited (TG Metals or the Company) (ASX: TG6) is pleased to provide this update on exploration drilling activities at the Burmeister prospect at the Lake Johnston Lithium-Nickel-Gold Project.

Lithium Drilling

The current program of reverse circulation (RC) and diamond core drilling (DD) at the Burmeister lithium discovery have completed 2,848m of RC and 821m of DD drilling.

First assays have been received from the DD program and confirm continued intersections of spodumene bearing pegmatites exhibiting high lithium Li2O grades.

Better results include –

  • 5m @ 1.52% Li2O from 127.4m including 6.6m @ 1.55% Li2O from 127.4m and 14m @ 1.67% Li2O from 136.5m
  • 5m @ 1.6% Li2O from 87.2m
  • 6m @ 1.37% Li2O from 119.4m and 1.6m @ 2.32% Li2O from 97.7m in the same drillhole including 1.0m @ 3.01% Li2O from 98.3m

TG Metals CEO, Mr. David Selfe stated;

“These initial results from the 2024 drilling confirm Burmeister as a significant high grade spodumene lithium discovery with excellent potential as a near term major deposit. This large mineralised system continues to show upside with thick pegmatite intervals intersected up dip from the original discovery holes.

The drilling program has provided sufficient core sample for our first round of metallurgical testwork which will now begin in earnest. The results of this will add to the planning for resource drill out at Burmeister.

Permitting on the promising Jaegermeister prospect is progressing well with field activities nearing completion. In addition, we will be testing wider expanses of the soil anomaly with seismic geophysics to further inform the lithium pegmatite geological model and our drill targeting.

We look forward to the next round of drilling on Burmeister and the first drilling on our other highly prospective targets at Jaegermeister and Tay.”

Next Steps

  • Flora, fauna, and heritage surveys are currently underway in Jaegermeister and Burmeister to facilitate the subsequent exploration phase.
  • Following the survey completion, drilling operations will resume, commencing with the inaugural program at Jaegermeister, and the ongoing program at Burmeister.
  • Infill soil sampling on Jaegermeister has been finalized, with samples currently undergoing processing at the laboratory. Additionally, the Company plans to conduct seismic trials over Burmeister and Jaegermeister to enhance drill targeting.
  • Seismic surveys over the established pegmatite occurrences at Burmeister aim to validate the effectiveness of seismic geophysics in pegmatite detection within the Lake Johnston terrain. The insights gained will be applied to the Jaegermeister area.
  • Results from RC drilling assays are expected within the next two weeks, which will contribute to refining the model of mineralized pegmatite.
  • Evaluation of historical drilling records is underway for the Tay prospect south of Burmeister, with the goal of identifying near-term lithium targets for drill testing. Initial heritage surveys are scheduled for post-March 2024.

About TG Metals

TG Metals is an ASX listed company focused on exploring for lithium, nickel and gold at its wholly owned Lake Johnston Project in the stable jurisdiction of Western Australia. The Lake Johnston Project hosts the Burmeister high grade lithium discovery and several surrounding lithium prospects.

Authorised for release by TG Metals Board of Directors.

 Contact

Mr David Selfe
Chief Executive Officer
Email: [email protected]

Investor Relations
Evy Litopoulous
ResolveIR
Email: [email protected]

 

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