TG Metals (ASX:TG6) achieved concentrates of up to 6.31% lithium oxide using simple dense media separation (DMS) processing from metallurgical testing at the Burmeister deposit within the Lake Johnston lithium project in Western Australia.
The results "provide a positive start to underpin future engineering studies and confirmatory test work," the company said in a Wednesday filing with the Australian bourse.
Flotation test work results will be reported in November, including assays for the semi-continuous DMS test work, magnetic separation, and de-sliming.
Shares of TG Metals rallied 17% in recent trade.
Price (AUD): $0.18, Change: $+0.025, Percent Change: +16.67%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。