RE: RE: RE: Focus Graphite Jim,
You're right, it looks still early but besides the exploration targets Talga has also two high grade deposits with a JORC Code Inferred Resource Estimate ( Nunasvaara @ 23% C and Raitajärvi @ 10.8% C ) with upside potential (open to depth and along strike). What makes Talga special and I my opinion attractive for Focus is the high grade quality of the deposits so far.
Talga Gold Limited has completed a highlevel environmental and social study of its 100%-owned Nunasvaara graphite project in northern Sweden ahead of the start of the Company’s maiden drilling
programme planned to commence on the 25th June.
Nunasvaara’s 3.6Mt @ 23%C graphite JORC compliant Inferred Resource is renowned as the highest grade graphite resource in the world (Ref. Technology Metals Research - Advanced Graphite Projects Index) and also one of the most advanced graphite projects (Ref. Industrial Alliance Securities Sector Report May 2012). The deposit has been targeted by Talga as key to the Company’s agenda to develop multiple new graphite mines in northern Europe.
Talga is now drilling the first 20 holes (total appr. 1650 m) on Nunasvaara and reported : " The ?rst drill hole at Nunasvaara, which was completed on the 30th of June, successfully intersected an approximately 25m downhole interval of graphite mineralisation visually interpreted as containing grades greater than 20%C from 17.55m depth."