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Be the first with the news that moves the market- Talon Metals (TLO) has intersected massive sulphide mineralisation at its eponymous nickel-copper-cobalt project in Minnesota
- The latest round of drilling intersected 8.39 meters of high-grade massive sulphide mineralization starting at 414.73 meters downhole, with assays from the hole still pending
- Based on the intersect and the BHEM survey, the company believes the wide, massive mineralization could extend to the north of the drill hole
- Looking forward, Talon is awaiting the arrival of a second drill rig, which will follow-up on recent exploration to the south of the property’s known resource
- Talon Metals is up 5.41 per cent and is trading at C$0.39 per share
Talon Metals (TLO) has intersected massive sulphide mineralisation at its eponymous nickel-copper-cobalt project in Minnesota.
The latest round of drilling intersected 8.39 meters of high-grade massive sulphide mineralization starting at 414.73 meters downhole, with assays from the hole still pending.
The hole was targeting a recently noted geophysical anomaly, which was identified during a magnetic survey of historic exploration holes.
Based on the intersect and the BHEM survey, the company believes the wide, massive mineralization could extend to the north of the drill hole.
Brian Goldner, Head of Exploration said the company excited by the results from this latest drill hole.
“The recent geophysical program that focused on running Borehole Electro-Magnetic surveys down existing boreholes has helped to refine off-hole anomalies into exciting new targets. The eastern limb of the high-grade Massive Sulphide Unit at the Tamarack Project has thick massive sulphide intercepts at both the north and south ends of the limb, but the middle had previously only produced thinner intercepts in historical drilling,” he added.
Brian went on to say that the high resolution BHEM survey revealed that historic holes with thin intercepts in the zone have other off-hole BHEM anomalies, suggesting that there may be additional thick intercepts, yet to be discovered.
Looking forward, Talon is awaiting the arrival of a second drill rig, which will follow up on recent exploration to the south of the property’s known resource. Once completed, the company will then follow up following up on new targets in site’s CGO Bend area.
Talon Metals is up 5.41 per cent and is trading at C$0.39 per share at 2:42pm EST.
