Talga Resources (ASX: TLG) has boosted the graphite resource at it Nunasvaara graphite deposit in northern Sweden by 110%, ranking it potentially one of the largest contained graphite resources in the world.
The Indicated and Inferred resource now Totals 7.6 million tonnes at 24.4% graphitic carbon using a 10% cut-off, with 5.6 million tonnes at 24.6% graphitic carbon in the Indicated category.
Total contained graphite has increased 123% to 1.85 million tonnes, more than double the previously reported resource.
Graphite mineralisation remains open along strike and at depth, with geophysical data and mapping suggesting potential for further expansion.
Demonstrating the extensive exploration upside, graphite has been identified over 15 kilometres of strike with only about 8% of this strike length drill tested to date.
The growth in the resource and upgrading of the majority of the tonnes to the higher confidence Indicated category follows Talga's successful maiden drilling campaign in July, and reflects additional mineralisation defined along strike and down-dip of historic drilling.
Talga now plans to begin preliminary economic studies, which will include the updated resource, in December.
Assays from a recent rock geochemical program are also pending and will be reviewed with the aim of drilling extension targets in conjunction with geotechnical drilling for mining studies.
Nunasvaara is one of several graphite deposits that occur over 15 kilometres of strike within Talga's wholly owned Vittangi project.
Additional graphite has been identified on Talga’s adjacent Mörttjärn and Maltosrova prospects, located 15 kilometres from the Nunasvaara deposit.
Talga also has a further three graphite projects in north Sweden that host multiple prospects and deposits that may offer operational synergies with Nunasvaara.
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