- Talon Metals (TLO) has provided a corporate update for the Tamarack nickel-copper-cobalt project in central Minnesota
- This year, Talon was able to significantly reduce the cost of exploration while finding new high-grade massive sulphide mineralization
- In 2022, the Talon team will turn its focus to a larger area of the Tamarack Intrusive Complex
- The company will also complete an aggressive infill drill program to advance the Tamarack project toward a pre-feasibility study
- Talon Metals is a mineral exploration company
- Shares in Talon Metals Corp. (TLO) are up 1.82 per cent, trading at $0.56 per share
Talon Metals (TLO) has provided a corporate update for the Tamarack nickel-copper-cobalt project in central Minnesota.
The company has amassed all the tools necessary to collect data from the project, including diamond drill rigs and geophysical survey tools.
This year, Talon was able to significantly reduce the cost of exploration below what would be expected from a traditional exploration program, while simultaneously finding new high-grade massive sulphide mineralization.
In 2022, the Talon team will turn its focus to a larger area of the Tamarack Intrusive Complex with the objective to find additional nickel and copper massive sulphide mineralization.
Talon intends on expanding its exploration within three areas of high priority that are marked by high-grade assays:
- The 264 Zone, which intersected 0.25 meters of massive sulphide grading 9.95% Ni and 5.74% Cu at 539.04 meters at depth;
- The 221 Zone, where drill hole 15TK0229 intersected 9.88 meters of nickel-copper mineralization grading 2.35% Ni and 1.40% Cu; and
- The 164 Zone, which intersected 2.89 meters of massive sulphide grading 3.67% Ni and 1.97% Cu at 473.43 meters deep.
The company will also complete an aggressive infill drill program to advance the Tamarack project toward a pre-feasibility study.
During the first half of 2022, Talon expects to finish exploration drilling around the margins of the Tamarack Zone while the geophysics team conducts further electromagnetic surveying to refine the targets listed above.
Talon will continue to use its low-cost exploration techniques and in-house team with the objective of finding the next nickel-copper resource in the Tamarack Intrusive Complex.
Sean Werger, President of Talon, commented on the 2022 exploration plans.
“The Talon exploration team has shown that the Tamarack Intrusive Complex has the potential to be a crucial source of carbon neutral domestic nickel for US battery manufacturing,” he said.
“Today’s announcement that we have established an ATM Program provides us with additional capital raising flexibility to ensure that we have the resources to meet the US battery priority.”
Talon Metals is a mineral exploration company engaged in the exploration and development of the Tamarack nickel-copper-cobalt project in Minnesota.
Shares in Talon Metals Corp. (TLO) are up 1.82 per cent, trading at $0.56 per share as of 2:26 pm EST.
