Battery and advanced materials company Talga Group Ltd ('Talga' or 'the Company') (TLG: ASX) is pleased to report further assay results from recent drilling at the Company's Vittangi Graphite Project in northern Sweden ('Vittangi' or 'the Project').

The 2021 drill program tested multiple zones of natural graphite at Vittangi, Talga's most advanced source of raw material for its low emission Li-ion battery anode products (ASX:TLG 12 August 2021). The Company has now received assay results from a further fourteen drill holes. Drillholes successfully intersected targeted graphite units and returned significant to spectacular graphite ('Cg') grades with individual assays reaching 50.1% Cg (NUS21015).

Drillholes at Nunasvaara South targeted infill and upgrading of resources, whilst drillholes at Nunasvaara North and Niska South tested depth and strike extensions which form part of Talga's JORC Exploration Targets (ASX:TLG 20 July 2021). Assay results from the remaining 23 drillholes are expected to be received over February 2022, including results from the newly identified Nunasvaara East deposit. The results will be used to revise reserves and resources, and optimise mine and expansion plans to align with booming Li-ion battery anode demand.

Contact:

Mark Thompson

Tel: +61 (0) 8 9481 6667

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