Technology minerals company, Talga Resources provides an update on its cobalt-focused activities in northern Sweden. Highlights of recent activities include positive metallurgical results from Kiskama IOCG Project:
- Up to 91% recovery of cobalt to concentrate and 99% to solution
- Up to 86% recovery of copper to concentrate and 99% to solution
- Up to 77% recovery of gold to concentrate and 95% to solution
Four follow-up diamond drill holes completed at Lautakoski Cu-Co-Au project show expansion of Lautakoski to 65 km2 over major gravity anomaly with surface rock samples grading up to 3.9% Cu and 500 ppm Co.
Talga has secured a new 33 km2 project ‘East Aitik’ with historic rock samples grading up to 17.4% Cu, 1.8g/t Au and 5.6% Mo located near the 36 Mt/y Cu-Au-Ag-Mo mine and mill.
Resampling of historic core has been completed on Ahmavuoma project and assaying underway.
Talga Managing Director Mark Thompson commented: “The outcomes of our cobalt related work program have been very encouraging. At Kiskama the metallurgical results show high recoveries of cobalt, copper and gold in samples from big widths of cobalt in sulphides rather than oxides. With no evidence of deleterious minerals that can plague cobalt recovery projects, a more in-depth assessment is justified.
“In addition to Kiskama, the Lautakoski drilling and anomalous surface samples in the expanded area indicate large scale copper-cobalt-gold potential. Likewise the new high grade East Aitik ground is highly prospective, and is located proximal to roads and grid power near a giant open-pit base metals mine and mill – [Boliden’s Aitik operation].
“These provide a low cost opportunity for potential future battery-mineral supply in Europe, and particularly in Sweden.”