TG6 14.8% 15.5¢ tg metals limited

Company presenting at RIU Resurgence Conference in PERTH TODAY - FREE Livestream, page-44

  1. 3,060 Posts.
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    Sorry if I offended anyone with the earlier post. The post below superimposes CXO's Grants mine noting a lot of that area shown in the resolution of the picture is pit walls.

    100% agree - Jaegermeister is only an anomaly, but it is huge and that was the point I was looking to make in a visual way. All that is currently known is that elevated soils exist over a wide area. Its also known that Rio Tinto has seen enough appeal in the area to enter a buy-in for Charger's Lake Johnston tenements. Rio Tinto's last hard rock lithium play was the Jadar prospect in Russia which was massive in size and approaching the grades seen by Greenbushes (143.5Mt @ 1.80%). Rio didn't get the locals onside and the project is indefinitely stalled. Rio isn't known for looking at small projects and yet they constructed a deal with Charger (and the elevated soils to the east of Jaegermeister). Its also known that TG6 hasn't had a trading halt capital raise so the boots on the ground suspect there's more good news to come.

    What is easily lost from TG6's drilling is that common lithium exploratory drilling is on a 80-100m spacing. Indicated is often 40-50m with Measured at 20m. If you were to infill between RC6-RC8 and RC9-RC11 with 20m spacing, you would need another 9 holes. I can see why the owners of the DD rig have decided to keep it nearby.
    https://hotcopper.com.au/data/attachments/5757/5757718-b78a8ebe02c17c15ec66a8a1a118fa56.jpg
 
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