TG Metals Expands Lake Johnston Lithium Soil Anomaly

THE DRILL SERGEANT: TG Metals (ASX: TG6) talked its way out of a speeding ticket from the ASX by providing an update on lithium exploration activities at the company’s Lake Johnston lithium-nickel-gold project in Western Australia.

TG Metals informed the market of having conducted infill and extensional soil sampling (400m x 50m spacing) over the area immediately east of the company’s recent spodumene rich pegmatite discovery at Burmeister.

The company said the results from the sampling defined a new area of lithium in soils anomalism, which has been identified as the Jaegermeister prospect that is larger in scale than the Burmeister soil anomaly.

“Since the discovery of the spodumene pegmatites at Burmeister, the deposit models we have been considering have been based on the Earl Grey lithium mine area,” TG Metals CEO David Selfe said in the company’s ASX announcement.

“With this in mind, the lithologies at Jaegermeister, were always going to be a target.

“The current drilling at Burmeister, targeting up dip, down dip and along strike of the known high-grade lithium pegmatites, will provide knowledge we can apply to the Jaegermeister area and provides us with another quality drill target for early 2024.

“We are eagerly anticipating the next drilling results from Burmeister which we expect assays back in the next 2 weeks.”

TG Metals indicated further soil sampling to infill and test extensions to the Jaegermeister anomaly is to be carried out over the coming weeks and drill testing will be designed as a first pass over the defined high tenor lithium contours.

The company is continuing Phase 2 RC drilling at the Burmeister lithium discovery with samples to be dispatched to the laboratory regularly with a diamond drill rig is deployed as required for drill hole extensions.

Aboriginal heritage surveys will be conducted over proposed drill lines as they are designed and targeted flora and fauna surveys will be completed in conjunction with a Program of Work (POW) to be submitted for the proposed drilling program.

Full approvals are expected in Q1 2024.