Australia's Talga Group hits 1-week high as drilling starts at Sweden project

Talga

14/04/2022 04:59

** Shares of Talga Group  TLG.AX  rise as much as 2.9% to
A$1.615, their highest since April 6
    ** Battery anode maker says https://www.asx.com.au/asxpdf/20220414/pdf/4580hx1njj0fv6.pdf
 a new drilling programme has started at co's Vittangi Graphite
Project in Northern Sweden  
    ** Says programme will test electromagnetic conductors and
JORC (Joint Ore Reserves Committee) exploration targets linking
co's Niska South and Niska North Resources  
    ** Adds drilling programme is expected to finish in May,
following which co will further revise its graphite resources
estimates towards the end of 2022
    ** Stock up for a second straight session; down 3.7% this
year, as of last close

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))