The drilling comes only weeks after Talga’s purchase of the Swedish portfolio of Teck Resources and will initially include 5,000m of diamond drilling across four graphite and one iron ore project.

Talga stated drill results are expected to allow preliminary economic studies to commence on several deposits.

The scope of drilling program covers Nunasvaara and Raitajärvi graphite projects targeting expansion of respective current JORC-code compliant Inferred Resources of 3.6Mt at 23%C and 0.5Mt at 10.8%C and an in part upgrading to Indicated Resource category.

For the Jalkunen and Pajala graphite projects, which currently contain five JORC-code compliant exploration targets with a total of 10-35.2Mt at 3.4%-30.6%C in Jalkunen Project and 1.3-2.3Mt at 3.9%-40.9%C at Pajala Project.

Objectives include extending the graphite intercepted in historic drilling; upgrading part of these exploration targets into JORC-code compliant Inferred Resource category and; providing fresh material for graphite specification and metallurgy testwork.

Based on historical investigations Talga’s graphite projects contain a range of sizes and grades, from microcrystalline through coarse flake deposits.

Testwork is underway in Canada on resampling of historic diamond drill cores from the project areas.

Talga’s focus is to advance a portfolio of graphite projects owned by it in the Kiruna Mineral District of northern Sweden, and upgrading of the categorization of the existing resources published for Nunasvaara and Raitajärvi.

The company’s objective is to complete drilling on a number of other projects, including the multiple JORC-code compliant exploration targets associated with the Jalkunen project.

An economic study with respect to mining and processing graphite in northern Sweden is planned to commence within six to nine months in which several projects could potentially be included.