TG6 - TG Metals

[System]

TG Metals Limited is a Perth-based mineral exploration company focused on identifying “forward facing metals” project opportunities.

The Company wholly owns a 333km2 tenement package located in the Goldfields-Esperance region of Western Australia, approximately 450km east of Perth. The package consists of the following mining tenements:

• exploration licences E63/1960, E63/1961, E63/1973, E63/1983, E63/1984 and E63/1997; and
• prospecting licences P63/2201 and P63/2202

The above exploration and prospecting licenses constitute the Lake Johnston Project, which is considered to be prospective for nickel, lithium and gold mineralisation.

Within the overall Project are 5 sub-projects named Bremer Range, Lake Tay, Maggie Hays South, Medcalf South and Lake Percy.

It is anticipated that TG6 will list on the ASX during May 2022.

Home - TG Metals

Commodities for the 21st century. TG Metals Limited is an ASX listed company focused on exploring for lithium, nickel and gold at its wholly owned Lake Johnston Project in the stable jurisdiction of Western Australia. The Lake Johnston Project hosts the Burmeister high-grade lithium discovery...

www.tgmetals.com.au

 

[Dona Ferentes]

Listing date	20 May 2022 ; 1:00 PM AEST ##
Company contact details	TG Metals Limited www.tgmetals.com.au Ph: +61 8 6211 5099
Principal Activities	Mining exploration
GICS industry group	TBA
Issue Price	N/A
Issue Type	Ordinary Fully Paid Shares
Security code	TG6
Capital to be Raised	$6,000,000
Expected offer close date	09 May 2022
Underwriter	Not underwritten. Barclay Wells Ltd (Lead Manager).

 

[Dona Ferentes]

Tough Gig hex

Priority Nickel Sulphide targets defined at Lake Johnston
Soil Sampling Defines Lithium Target at Lake Johnston

 

[Dona Ferentes]

some 11 months on ....
.
High Grade Nickel Mineralisation at
Lake Johnston Project

Highlights
Initial program conducted in August on the Burmeister nickel laterite prospect at the Lake Johnston Ni-Li-Au Project .

- Aircore drilling on Burmeister has yielded numerous high grade intercepts of +1% Ni and up to 3.23% Ni.
- The drilling is widely spaced, effectively testing a large area of nickel laterite mineralisation, with a future proposed infill drilling (Phase Two) required to better define the continuity of this mineralisation.
- A total of 9 out of 36 drill holes encountered high grade nickel mineralisation above 1% Ni. Some 23 out of 36 drillholes returned significant mineralization above 0.5% Ni.
■ RC drill rig now commenced nickel sulphide drilling.
.
...since listing:

 

[Dona Ferentes]

And a switch to the white ( hot ) metal

.
■ First drill holes into Burmeister lithium soil anomaly intersect high grade mineralisation up to 2.28% Li2O
■ Five of the six holes completed intersected pegmatite with all pegmatite intervals hosting lithium mineralisation in spodumene
■ An average assay grade of 1.46% Li2O returned for fresh pegmatite – with down-hole widths of between 9m and 12m
■ The Burmeister lithium soil anomaly covers an area of 4.5km by 1.7km – with drilling completed on two lines 200m apart
■ Drilling to recommence immediately

 

[Dona Ferentes]

and , come the third day , more support ...

 

[Dona Ferentes]

come the third day , more support ...

baggus quintus.
.
$3M in cash..
holding on to the recent run

▪ The Lake Johnston Greenstone Belt is geologically similar to the prolific nickel & lithium bearing Southern Cross-Forrestania Greenstone Belt that hosts the large Earl Grey lithium deposit
▪ TG Metals has the most significant land package held by one company within the LJ Greenstone Belt, 356 km2 and growing with acquisitions
▪ +50 km strike of Greenstone Belt
▪ Flat-lying LCT pegmatites with high lithium tenor intercepted below previously defined large lithium soil anomaly

... and a bit of betweenology

 

[Dona Ferentes]

still going,; maybe a pause?

 

[Dona Ferentes]

still going,; maybe a pause?

get some altitude first? .... up a further 30 per cent, as high as $1.06, now $1.01
.
■ RC Drilling has recommenced on the Burmeister Lithium discovery
■ Diamond core lithium drilling extensions to commence this week
■ Phase 2 drill samples to be submitted to the lab within days

 

[Dona Ferentes]

the hits continue

.
the hits continue

 

[Dona Ferentes]

a week since a Broker Presentation, on 14th, and some signs of life. No ASX query yet.

.
it's LITHIUM