Vittangi

Sweden
Gradient Brand Secondary

Type:

Battery Metals

Commodity:

Graphite

Operator:

Talga Group

Status:

Development Royalty

Royalty:

2% NSR

Overview

The Vittangi royalty was acquired from Freeport-McMoRan Exploration Corporation in 2010.

The Vittangi Graphite Project hosts one of the highest-grade natural graphite deposits in the world, situated within Sweden’s Proterozoic greenstone belt near the town of Kiruna. The Vittangi project is currently in the permitting phase, with Talga Group having completed a “Definitive Feasibility Study” in 2021 and more recent mining and economic studies.

The Vittangi deposit lies within the Palaeoproterozoic greenstone sequence of northern Sweden, consisting of metasedimentary and metavolcanic rocks. The graphite mineralization occurs in graphitic schists hosted in the Nunasvaara Formation, which is part of a highly metamorphosed volcanic-sedimentary sequence. These rocks were subject to regional metamorphism and deformation, resulting in a well-developed schistosity that contributes to the flake morphology of the graphite.

The Vittangi project consists of several mineralized zones with the Nunasvaara South deposit being the most significant. Further upside comes from considerable exploration potential elsewhere on the Vittangi property.