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Talisman Mining Ltd.
Summary
| Project: | Lachlan | |
|---|---|---|
| Deposit: | Blind Calf, Cumbine | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 11/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-11-2018: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Blind Calf, Cumbine deposit at the Lachlan project. Drilling results incl. 21.0m @ 2.67% Cu from 117.0m. Talisman Mining Ltd (ASX: TLM, Talisman) is pleased to announ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Anthony Greenaway (Internal) | |
| ABSTRACT: | Talisman Mining Ltd (ASX: TLM, Talisman) is pleased to announce the initial results from the current reverse circulation (RC) drilling program at its Lachlan Copper Gold Project in NSW where a total of 24 holes for 4,831 metres were completed across three separate target areas: A number of selected drill holes at each prospect have been cased for down-hole geophysical surveying. As a result of recent unforeseen contractor availability delays, surveys are currently expected to be completed during December 2018. Blind Calf Prospect RC drilling at the Blind Calf Prospect was aimed at testing further down dip from previously reported high-grade copper mineralisation. A total of eight holes were completed for 1,709 metres of drilling, with all one-metre samples submitted for analysis. Drilling intersected strongly altered volcanic lithologies, with quartz veining and logged copper sulphide mineralisation (chalcopyrite). All assays have now been returned from the laboratory, (Table 2 and Figure 1), best results include: These results confirm the continuation of the Blind Calf lode at depth with a consistent thickness. Importantly, the high-grade core encountered in previous drilling has again been intersected in BCRC0010 and remains open down plunge to the north. Results from this latest drilling campaign have provided Talisman with the confidence to start planning a campaign of diamond drilling at Blind Calf to provide the necessary detailed down-hole structural geological information to further unlock what is shaping up to be a significant high-grade copper system. Drilling will once again look to extend the known high-grade copper mineralisation at depth where it remains open in all directions. Five of the recently completed drill holes have been cased for proposed down-hole electromagnetic (DHEM) surveys, which has been interpreted to be mapping the high-grade core of the system. Data from this survey will aid in the planning of the proposed diamond drilling to be scheduled for early 2019. | |
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