- Talon Metals Corp. (TLO) has discovered a thick pool of massive nickel-copper mineralization outside of the resource area at its Tamarack nickel-copper-cobalt project in Minnesota
- Drilling in the area intersected 13.88 metres of mixed mineralization starting at only 225 metres, the thickest intercept to date within the CGO West area and a new discovery for the company
- Talon Metals is a mineral exploration company with operations in the United States and Brazil
- Talon Metals Corp. (TLO) is up 7.14 per cent on the day, trading at $0.60 per share
Talon Metals (TLO) has discovered a thick pool of massive nickel-copper mineralization at its Tamarack nickel-copper-cobalt project.
Drilling in the area intersected 13.88 metres of mixed mineralization starting at only 225 metres, the thickest intercept to date within the CGO West area.
This intercept potentially indicates a pool of sulphides, and the company is following up by running geophysical surveys to guide future drilling.
“Intersecting almost 14 meters of massive sulphide in a zone that lies outside of our resource area is clearly a new discovery,” said, Dr. Etienne Dinel, Talon Metals’ head of geology.
“This new discovery confirms our exploration model of mineralization settling, draining, and pooling, and most notably, there is no reason to think that this does not occur elsewhere along the 18 km Tamarack Intrusive Complex. Given the shallow depths of this new discovery, our rigs should be able to delineate this area quickly and add it to a new resource estimate later this year,” he added.
The CGO West exploration area lies approximately 100 meters north-north-east of the Tamarack project’s resource area and extends for an additional 400 meters where past drilling showed the presence of nickel-copper mineralization.
“Where there is smoke there is usually fire,” said Brian Goldner, head of exploration. “Once we identify massive sulphides, regardless of their thickness, we can then use BHEM (geophysics) to guide the next drill hole, which is ultimately what put us onto the 13.88 meter intercept in drill hole 21TK0313 announced today.”
Talon Metals is a mineral exploration company with operations in the United States and Brazil.
Talon Metals Corp. (TLO) is up 7.14 per cent on the day, trading at $0.60 per share as of 12:34 pm ET.