- Talga Group (ASX:TLG) provides an update on its Aero lithium project in Sweden
- The company has concluded follow-up exploration activities at the project after the discovery of several significant lithium-bearing pegmatites
- Ongoing exploration activities have unveiled new targets
- A maiden drilling campaign at Aero is scheduled to commence in late Q4 2023 or early Q1 2024
- Talga Group shares are down 2.13 per cent, trading at $1.15 at 12:19 pm AEDT
Talga Group (ASX: TLG), a battery materials and technology company, has provided an update on its Aero lithium project in Sweden.
The company has concluded follow-up exploration activities at the project after the discovery of several significant lithium-bearing pegmatites. Talga reported finding surface mineralisation containing up to 1.95 per cent lithium oxide.
To determine the distribution of lithium mineralisation, fieldwork activities included mapping and outcrop sampling in key areas of the main pegmatite.
Talga’s geologists used UV light prospecting techniques, which revealed visible signs of lithium mineralisation, specifically spodumene, in various samples.
Remote sensing surveys, including geophysical and spectral data, have been analysed to identify potential lithium targets across the largely unexplored 134-square-kilometre project area.
Samples collected during fieldwork have been sent to laboratories for assay and mineralogical studies. The results are expected in November 2023.
A maiden drilling campaign at Aero is scheduled to commence in late Q4 2023 or early Q1 2024, following necessary site clearances.
This campaign will involve ‘scout’ diamond drilling in strategic locations to gain a better understanding of the main pegmatites’ zonation, thickness, stratigraphy, and structure.
A significant drill program is also planned for the summer season (Q2-Q3 2024).
The Aero project is a crucial part of Talga’s suite of battery metal assets held by its Swedish subsidiary, Talga Battery Metals AB.
This project is distinct from the advanced-stage lithium-ion graphite battery anode business of the Vittangi anode project.
Talga Group shares were down 2.13 per cent, trading at $1.15 at 12:19 pm AEDT.