- Talon Metals (TLO) has provided an update on drilling at the Tamarack Nickel-Copper-Cobalt Project in Minnesota
- The goal of the drilling program has been to grow the project’s current resource toward the north of the property
- Two new drill holes announced today have expanded the known resource; further infill drill holes will be drilled to identify the edge of this resource area
- Talon Metals is a base metals company
- Talon Metals Corp. (TLO) remains steady, trading at $0.61 per share
The goal of the drilling program has been to grow the project’s current resource toward the north of the property.
After a drill hole intersected 138.18 metres of mineralization in the northern portion of the resource area, Talon drilled two new holes north-east of that hole.
One of those holes, 21TK0301, successfully intersected a total of 108.81 metres of nickel-copper mineralization in two intervals:
- 58 metres of mineralization starting at 289.39 metres below surface
- 23 metres of mineralization starting at 343.22 metres below surface
The other hole intersected 87.35 metres of nickel-copper mineralization in three intervals, starting at 309.49 metres below surface.
Dr. Etienne Dinel, vice president of geology at Talon Metals, commented on the results.
“The new drill holes announced today demonstrate that there will be further resource expansion within the area we refer to as the Upper Semi-Massive Sulphide Unit, located in the north-eastern portion of our resource area,” he remarked.
“These new drill holes also demonstrate,” he added, “that we have not yet found the edge of the Upper Semi-Massive Sulphide Unit, especially considering the thickness of the mineralized intervals, and therefore, further drilling in this area is warranted.”
Talon will continue drilling this area with a series of infill drill holes, with the goal of identifying the edge of the Upper Semi-Massive Sulphide Unit.
Talon Metals is a base metals company operating at the Tamarack Nickel-Copper-Cobalt Project in a joint venture with Rio Tinto.
The Tamarack Project is comprised of a large land position with numerous high-grade intercepts outside the current resource area.
Talon Metals Corp. (TLO) remains steady, trading at $0.61 per share as of 12:51 pm ET.
