Cobalt

Talga wholly owns a suite of highly prospective battery metal projects in Sweden with a focus on cobalt, separate to the Company's core graphite projects. Talga believes these have high potential for the supply of European battery metals, and is seeking commercial opportunities via strategic partners or JV partnerships for these projects.

Talga Cobalt Projects Sweden

Kiskama Co-Cu-Au Resource

  • Sweden’s largest Cobalt deposit
  • Maiden JORC Mineral Resource Estimate 7.7Mt @ 0.25% Cu, 0.04% Co, 0.36% CuEq (0.1% CuEq cut-off1, 2.7t/m³, 20% geological loss, see ASX:TLG 21 Aug 2019) based predominantly on historical drilling, without any extensions or targets such as the large K2 conductor discovered in 2019.
  • A high-level Whittle™ pit optimisation returned an optimal open-pit shell containing 4.2Mt @ 0.3% Cu, 0.05% Co, 0.45% CuEq. 
  • Proximal to high quality, low cost power (hydro) grid and transport links to smelters
  • Railway links to Aitik, Europe’s largest operating copper-gold mine

Kiskama Cobalt Copper Resource Pit Shell

The maiden JORC-compliant mineral resource estimate for Kiskama has achieved a solid base from which to lift the project. Additionally the scope for defining new and higher grade zones is considered high, both along strike and down dip, including the newly identified large geophysical conductor “K2” located 600m to the east, and along the 7km strike magnetic target zone to the south of the current resource.

Historic drilling (101 drillholes for 13,836m) tested only 1km strike of the 7km cobalt-copper-gold zone, with some significant intercepts including 36m at 0.11% Co, 0.27% Cu and 0.13g/t Au, 40m at 0.09% Co, 0.24% Cu and 0.14g/t Au including 28m at 0.11% Co and 42.2m at 0.10% Co and 0.41% Cu.

Other Cobalt-Copper-Gold Projects

In addition to Kiskama Talga wholly owns other high grade copper-cobalt-gold projects in north Sweden at an earlier stage of exploration.

Ahmavuoma consists of three exploration licences covering 40km2 with broad (~50-80m wide) zones of cobalt-copper-gold mineralisation around narrower, higher-grade zones. Discovered in 1978 by state mining company LKAB targeting geophysical targets, they drilled 17 scout diamond holes 1982-86 and Tertiary Minerals PLC drilled 5 diamond holes in 2004. Historical drilling highlights include hole AHM4;

52m @ 0.24% Co, 0.59% Cu, 0.17g/t Au from 60m inc. 21m @ 0.38% Co, 1.12% Cu, 0.42g/t Au

Re-assay of previously unsampled zones returned 73.1m @ 0.16% Co and 0.24% Cu from 34m downhole

Lautakoski is a new discovery by Talga in an area of no outcrop targeting geophysical conductors initial drilling intercepted 85.8m @ 0.18% Cu, 153ppm Co from 14.2m downhole with grades present up to 1.5% Cu, 0.27g/t Au and 565ppm Co.


East Aitik is located 25km east from Aitik has been explored only by surface sampling to date, with outcrop rock sample assay highlights including 4.8% Cu, 1.2g/t Au, 66g/t Ag, 0.6% Mo plus anomalous levels of Tellurium and Bismuth.

Kiskama cobalt zone drill core sample, Talga 2014 drilling (KIS04 66-68m)