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TG Metals launching at Lake Johnston

25 October 2022 12:44
TG6 drilling for nickel at Lake Johnston

After defining its priority nickel sulphide targets, TG Metals have commenced new exploration over the 30-kilometre strike of the Lake Johnston Greenstone Belt with a SMLTEM geophysical survey.

The reveal of fresh targets south of the Maggie Hays-Emily Anne nickel sulphide mining centre spurred on further exploration — and will be the first modern program over the project in a decade.

Nine existing and untested electromagnetic targets already hold a high priority over the large target zone, a trio of which standing drill ready with no additional definition work required.

The company said it expected the program would define further drill targets in preparation for a maiden program.

“We are really looking forward to the results from the first modern ground geophysics to be conducted on this project for 10 years,” chief executive David Selfe said.

“This EM program will provide important targeting information to increase the prospects for finding a nickel sulphide deposit of significance in the area.”

Following results, any identified conductors will be assessed for follow up, with new targets to be added to the priority drilling list over the coming months.,

TG6’s Australian Stock Exchange-listed share price was trading at 14c today (12.03 pm UTC+ 8 hours).

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