{"id":10612,"date":"2024-06-06T04:34:09","date_gmt":"2024-06-06T04:34:09","guid":{"rendered":"https:\/\/economicherald.net\/?p=10612"},"modified":"2024-06-06T04:34:09","modified_gmt":"2024-06-06T04:34:09","slug":"tg-metals-eyes-major-lithium-discovery-at-lake-johnson","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10612","title":{"rendered":"TG Metals eyes major lithium discovery at Lake Johnson"},"content":{"rendered":"<p>Program of works approval secured for drilling at TG Metals\u2019 Jaegermeister and Burmeister deposits at Lake Johnston<br \/>\nFive high-priority targets identified from extensive exploration work<br \/>\nMetallurgical testwork ongoing to determine ore processing techniques<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: Lithium hunter TG Metals has been approved a program of works to drill pegmatite targets at its Jaegermeister and Burmeister deposits at the emerging Lake Johnston critical minerals district in southern WA.<\/strong><\/p>\n<p>TG Metals rerated heavily after an October 2023 drilling campaign at Burmeister returned grades of up to 3.09% Li2O.<\/p>\n<p>The company now says<strong>\u00a0<\/strong>Burmeister could be a standalone operation after defining an <a href=\"https:\/\/stockhead.com.au\/resources\/tg-metals-has-a-20mt-exploration-target-on-burmeister-a-potential-top-10-australian-hard-rock-lithium-deposit\/\">exploration target of 15.6Mt to 20.1Mt grading 0.97% to 1.19% Li2O.<\/a><\/p>\n<p>Since the discovery of Burmeister, a plethora of juniors have pegged ground in the broader Lake Johnston district, including <a href=\"https:\/\/stockhead.com.au\/company\/torque-metals-tor\/\"><strong>Torque Metals (ASX:TOR)<\/strong><\/a>, <a href=\"https:\/\/stockhead.com.au\/company\/charger-metals-chr\/\"><strong>Charger Metals (ASX:CHR)<\/strong><\/a> and <a href=\"https:\/\/stockhead.com.au\/company\/bryah-resources-byh\/\"><strong>Bryah Resources (ASX:BYH)<\/strong><\/a>, as well majors <a href=\"https:\/\/stockhead.com.au\/company\/mineral-resources-min\/\"><strong>MinRes (ASX:MIN)<\/strong><\/a> and <a href=\"https:\/\/stockhead.com.au\/company\/rio-tinto-rio\/\"><strong>Rio Tinto (ASX:RIO)<\/strong><\/a>.<\/p>\n<p>Further work carried out by <a href=\"https:\/\/stockhead.com.au\/company\/tg-metals-tg6\/\"><strong>TG Metals (ASX:TG6<\/strong><\/a><strong>)<\/strong> over the Lake Johnston lithium project has since <a href=\"https:\/\/stockhead.com.au\/resources\/tg-metals-prepares-to-unwrap-four-new-lithium-targets-at-lake-johnston\/\"><strong>defined lithium trends over a strike of ~8km<\/strong><\/a> and delineated five new drill targets, including Jaegermeister.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Drilling to get underway<\/strong><\/h2>\n<p>Program of Work (PoW) applications have now been approved by DEMIRS for infill drilling to 100m x 100m at the Burmeister lithium deposit and for the maiden drill program at Jaegermeister.<\/p>\n<p>Drill pad clearing contractors have mobilised to the site and drill rig mobilisation is expected to occur this month.<\/p>\n<p>Two RC drilling rigs will be deployed to Jaegermeister Targets A and B, as well as infill drilling at Burmeister.<\/p>\n<p>TG6 has more results to analyse too, after recently completing infill soil sampling at Jaegermeister which defined a new anomaly \u2013 Target E \u2013\u00a0 pushing up the number of high-priority targets to five.<\/p>\n<p>\u00a0<\/p>\n<p>Lithium soil anomalies at the Jaegermeister and Burmeister deposits. Pic supplied: (TG6)<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Fast-tracked targeting<\/strong><\/h2>\n<p>Seismic survey results are currently being analysed to help guide planned drilling and future phases of exploration work, while the first stage of metallurgical testwork has also been completed for separation and flotation tests.<\/p>\n<p>TG6 CEO David Selfe says after a short delay the team is excited to recommence drilling across the identified targets.<\/p>\n<p>\u201cIn particular, the first holes into the priority targets at the Jaegermeister prospect, are greatly anticipated,\u201d Selfe says.<\/p>\n<p>\u201cFurther soil sampling has grown and improved the Jaegermeister targets, which contains multiple soil anomalies bigger than the Burmeister Lithium Deposit initially presented.<\/p>\n<p>\u201cWith such a large area of lithium soil anomalism to drill test, we\u2019re confident that the use of seismic geophysics will fast-track our targeting.<\/p>\n<p>\u201cWe\u2019ve completed two reconnaissance 2D seismic lines; one along the Burmeister trend and a longer one along the Jaegermeister trend.<\/p>\n<p>\u201cIf successful, this technique will not only minimise the drilling required for further discovery and resource definition, but it will also provide a very good understanding of the pegmatite system at Lake Johnston and its size potential.\u201d<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with TG Metals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n<p>\u00a0<\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/tg-metals-eyes-major-lithium-discovery-at-lake-johnson\/\">TG Metals eyes major lithium discovery at Lake Johnson<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Program of works approval secured for drilling at TG Metals\u2019 Jaegermeister and Burmeister deposits at Lake Johnston Five high-priority targets identified from extensive exploration work <a href=\"https:\/\/economicherald.net\/?p=10612\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10613,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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