Battery anode and advanced materials company Talga Group Ltd ('Talga' or 'the Company') is pleased to announce results of recent exploration activities conducted on its 100% owned graphite and copper projects in north Sweden (ASX: TLG 20 July 2021).

Talga is building a vertically integrated, European-based operation to supply green Li-ion battery anode products directly to manufacturers and automotive OEMs. Talga aims to expand its supply base of battery raw materials to meet future capacity increases by pursuing exploration programs across its graphite and battery metal projects.

Airborne Geophysics Survey and Results

Talga recently completed over 1,000 line kilometres of high resolution airborne 'SkyTEM' geophysical surveys across the Vittangi Graphite Project ('Vittangi') and Aitik East Copper Project ('Aitik East'). This was the first large scale geophysical survey completed by Talga in Sweden and it successfully mapped electrical conductivity, magnetic and radiometric data of the projects.

Vittangi

The SkyTEM results show the greater Vittangi graphite-bearing units are more continuous than previously recognised and has identified new zones for follow up drilling. A significant new target is located approximately 500m to the southeast of the existing Nunasvaara North resource, where a strong 600m long conductor occurs adjacent to the planned DFS concentrator site. Previous outcrop rock sampling in this area had returned grades of up to 36.0% graphite (TLG: ASX 15 November 2012) however the area was thought to be a zone of discontinuous or faulted blocks. The SkyTEM results define the graphite unit to be far more cohesive and extensive than previously understood. This area, named Nunasvaara East, is now considered a priority target which due to its location has high potential to favourably impact future development options.

Drilling at Nunasvaara East is now underway on 100m spaced sections as part of the extension stage of the Vittangi diamond drilling program (TLG:ASX 30 August 2021). In addition, Talga added a second drill rig to complete testing of all target areas as planned by end of October 2021.

About Talga

Talga Group Ltd (ASX:TLG) is building a European battery anode and graphene additives supply chain, to offer advanced materials critical to its customers' innovation and the shift towards a more sustainable world. Vertical integration, including ownership of several high-grade Swedish graphite projects, provides security of supply and creates long-lasting value for stakeholders.

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