TG Metals Encounters High-Grade Lithium at Jaegermeister
THE DRILL SERGEANT: TG Metals (ASX:TG6) has again hit high-grades of lithium at the company’s Lake Johnston lithium-nickel-gold project in Western Australia.
TG Metals’ latest lithium encounter is at the Jaegermeister prospect that sits near the company’s initial Burmeister discovery.
The company recently concluded a 19 hole Reverse Circulation (RC) drilling program at Jaegermeister, from which most assays have been received confirming multiple intersections of spodumene bearing pegmatites with high lithium oxide (Li2O) grades and widths up to 10 metres.
Highlighted results include:
10 metres at 1.19 per cent Li2O from 73m, including 2m at 2.07 per cent Li2O from 77m;
6m at 1.38 per cent Li2O from 76m, including 2m at 2 per cent Li2O from 76m; and
3m at 1.22 per cent Li2O from 49m and 3m at 1.24 per cent Li2O from 63m, including 1m at 2.68 per cent Li2O from 50m.
TG Metals believes Jaegermeister has the potential to be of similar size and scale to Burmeister.
The company compared the discovery drilling at Burmeister in 2023 that initially intersected up to 9m pegmatite widths to the first drilling at Jaegermeister producing 10m widths and +2% Li2O assay intervals declaring this to be an encouraging indication of a strong lithium pegmatite system.
“These are outstanding results for the initial drilling on Jaegermeister,” TG Metals CEO David Selfe said in the company’s ASX announcement.
“It provides confidence that we have at least two areas of high-grade lithium mineralisation at Lake Johnston and further enhances the potential for a standalone spodumene lithium project for TG Metals.
“Multiple lithium pegmatites have been defined at Jaegermeister, at relatively shallow depths displaying size characteristics very similar to the nearby large Burmeister deposit.
“These pegmatites appear to be thickening towards the west, an area that will be a priority target for the next round of drilling at Lake Johnston.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE