TG Metals Limited (ASX:TG6) Announces Positive Metallurgical Test Results
Metallurgical Test Results Overview
TG Metals Limited (ASX:TG6) has released promising results from metallurgical testwork on the Burmeister deposit within the Lake Johnston Lithium Project. The testwork has identified a hybrid processing flowsheet that shows potential for lower capital intensity and operating costs compared to traditional methods.
CEO David Selfe remarked on the results, stating, “These are extremely good results and support the pathway to establishing the Lake Johnston Project as a large, low-cost, open-cut lithium mining operation.” He indicated that the positive outcomes position the company well amid an improving lithium market.
Testwork Highlights
The sighter metallurgical testwork demonstrated that the Burmeister spodumene mineralisation produced high-quality concentrates with low impurity levels. The initial flotation tests yielded lithium recoveries between 75.5% to 80.2%, with combined concentrate grades ranging from 5.28% to 5.74% Li2O. This complements earlier results, reinforcing the effectiveness of the hybrid flowsheet, which includes options for separate coarse and fine concentrates.
Analysis of three composite samples confirmed that the application of dry magnetic separation in conjunction with flotation enhances concentrate quality while optimising lithium recovery. The overall results show a robust starting point for further engineering studies and confirmatory testwork to refine the processing approach.
Next Steps
Going forward, TG Metals plans to conduct semi-continuous DMS testwork, scheduled for early next year. Additionally, further flora and fauna surveys will be rescheduled for 2025 due to previous weather-related challenges. The company remains committed to evaluating its regional tenements as it seeks new opportunities for lithium pegmatites while monitoring market conditions for continued exploration at Lake Johnston.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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