2 APRIL 2015 TEST MINING APPROVED FOR TALGA’S VITTANGI GRAPHITE/GRAPHENE PROJECT
Highlights: • Graphite test mining at Talga’s Vittangi project approved by Swedish environmental authorities • Permit based on the removal of 2,000m3 (~5,000t) graphite ore • Works underway for June test mining commencement
Perth based technology materials company, Talga Resources Limited (“Talga”)(ASX: TLG), is pleased to announce that it has secured approval for it’s test mining program at the Vittangi graphite project (“Vittangi”) in northern Sweden (Fig 2). The test mining permit, issued by the Environmental Review Commission within the Norrbotten County Administration Board (“CAB”), is valid until 30th September 2018 and covers the removal of 2,000m3 (approximately 5,000 tonnes) of graphite ore within a specified part of the Nunasvaara resource1 area adjacent to previous quarrying ( Fig 3-4). Talga can now begin preparations for site works, contractor selection, equipment mobilisation / access and all other ancillary works to enable the extraction program. The Company aims to commence mining in June 2015 and it anticipates the program will be complete before the end of September 2015. Similar to a quarrying operation, Talga’s test mining process will remove sawn blocks of raw graphite ore that will be trucked approximately 20km to the nearby rail siding (Fig 1), before train transport to central Germany for storage/ processing at Talga’s soon to be constructed locked cycle graphene demonstration plant. It is intended that large graphite and graphene test samples will be produced in Germany from test mine feedstock from the fourth quarter of this calendar year.
TLG Price at posting:
$1.50 Sentiment: None Disclosure: Held
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