Image of a lithium pegamtite
Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

TG Metals Ltd (ASX:TG6) has been able to produce spodumene concentrate grading 6.31% lithium oxide (Li2O) through DMS (Dense Media Separation) processing, according to preliminary results from its metallurgical testwork on the Burmeister deposit in Western Australia.

The deposit is part of TG Metals’ wider Lake Johnston Lithium Project, located 300 kilometres from Kalgoorlie.

Independent Metallurgical Operations Pty Ltd (IMO) was hired to carry out the testing, which showed positive results at all stages, starting with a 15-39% increase in Lithia head-grade and 65-70% iron rejection during the precondition of ore feed.

The Burmeister pegmatite responded well to initial Heavy Liquid Separation (HLS), being able to produce a high-grade, low impurity spodumene concentrate. This was followed by the DMS result of 6.31% Li2O.

CEO David Selfe said he was pleased with the results.

“These initial sighter metallurgical testwork on the Burmeister pegmatites are outstanding and support the potential to achieve a SC6 (6.0% Li2O spodumene concentrate) concentrate
utilising HLS processing technology that supports our initial assumptions ‘simple mineralogy equals simple processing’,” he said.

“As we progress Burmeister, we aim to demonstrate a mineral resource conducive to open-pit mining and simple metallurgy, providing favourable economics for a spodumene lithium hard rock mining and processing operation.”

Shares in TG Metals rose on the news, and at 14:17 AEDT, they were trading at 17.5 cents – a rise of 16.66% since the market opened.

Join the discussion: See what HotCopper users are saying about TG Metals and be part of the conversations that move the markets.

tg6 by the numbers
More From The Market Online

Eastern Gas Corporation jumps on strong gas shows at Macalister

Eastern Gas Corporation has obtained positive gas hits from drilling of the Venus-2H horizontal appraisal well…

Pro Medicus signs $25M contract with US-based Valley Health

Pro Medicus' US subsidiary Visage Imaging has signed a seven-year, $25 million contract with Valley Health…

Noble Helium expanding portfolio with move to acquire Earth Source Hydrogen

Noble Helium has entered into a binding agreement to acquire 100% of the issued share capital…

Janison Education Group secures landmark UK contract with NFER

Janison Education Group has been named as principal technology subcontractor under a major Scottish government contract.