Talga Resources has welcomed the Swedish Parliament’s decision to carry out a study on extending a rail line from Svappavaara to the Kaunisvaara iron ore project in northern Sweden.
Besides building on the excellent infrastructure already available to mining and exploration companies in the area, this could have a positive impact on Talga’s projects that lie along the transport corridor.
The route of the proposed new railway to Kaunisvaara would place new rail even closer to Talga’s bulk commodity projects at Vittangi and Masugnsbyn.
Masugnsbyn has a JORC Indicated and Inferred Resource of 87.2 million tonnes at 29.9% iron while Vittangi hosts multiple shallow iron deposits with a total exploration target of 61 million to 145 million tonnes at between 29% and 37% iron.
The proposal was backed unanimously by a Parliamentary Standing Committee on Transport and Communications and prioritises investments to promote the mining industry’s transport needs.
Talga Resources is a diversified mineral explorer with a portfolio of gold, iron and graphite projects in Western Australia and Sweden.
