- TG Metals (TG6) identifies multiple nickel sulphide targets at its Lake Johnston project in Western Australia
- The company engaged Southern Geoscience Consultants to collate and review historical geophysics from a 30-kilometre area within the project
- Nine electromagnetic (EM) conductors have been identified with Eland Road, Highfield and Stamford Bridge considered a priority and 12 areas will be subject to ground EM work to better define targets
- Work will begin early next month before TG Metals seeks heritage and environmental clearances to begin drilling
- TG6 shares are trading grey at 12 cents at market close
TG Metals (TG6) has completed a review which focused on a 30-kilometre area of the Lake Johnston project in Western Australia.
The company engaged Southern Geoscience Consultants (SGC) to conduct the review of historical geophysical work from the early 1990s onwards.
Positively, TG Metals identified multiple priority targets to the south of the Maggie Hays and Emily Anne nickel deposits.
Specifically, nine electromagnetic (EM) conductors have been identified with three of these considered ready for drilling. The three drill-ready targets include the Eland Road, Highfield and Stamford Bridge prospects.
Twelve areas have been identified as needing further ground EM with modern and high-powered EM work aimed to better define targets at depth or to differentiate between nickel sulphide mineralisation and sulphidic sediments.
TG Metals has already contracted ground EM crews who’ll begin work in early October and are expected to test up to 12 priority areas.
Exploration will initially focus on the BR02 and BR06 targets which are in areas of deep weathering and are covered by deep nickel and cobalt-rich laterite deposits.
Following this, the company will advance heritage and environmental clearances to allow it to apply for a program of works approval to drill the selected targets.
TG6 shares were trading grey at 12 cents at market close.