TG Metals Reports High-Grade Lithium Intercepts at Burmeister
Closing price · 2026-10-26: $0.180 · +0.00%
Infill drilling at TG Metals’ Burmeister deposit returned lithium intercepts including 12.35 metres at 1.53% lithium oxide, with several other intervals above 1% grade. The drilling targeted the existing direct-shipping-ore resource and also intersected mineralised pegmatite below it, which the company says supports its geological interpretation; samples have been sent to potential offtake and development partners for assessment. The company says its mining lease application is progressing and feasibility and permitting work is underway.