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Talisman Mining Ltd.
Summary
| Project: | Sinclair | |
|---|---|---|
| Deposit: | Delphi North, Delphi, Schmitz Well South | |
| Location: | Australia | |
| Commodities: | Nickel | |
| Date: | 10/27/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-10-2016: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Delphi North, Delphi, Schmitz Well South deposit at the Sinclair project. Drilling results incl. 3.1m @ 1.03% Ni from 403.2m. Talisman Mining Limited (ASX: TLM, “Tali | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Anthony Greenaway (Internal) | |
| ABSTRACT: | Talisman Mining Limited (ASX: TLM, “Talisman” or the “Company”) is pleased to advise that additional results from the recent exploration program of diamond and RC drilling at the 100%-owned Sinclair Nickel Project have now been received. These latest results, when combined with zones of massive sulphide mineralisation from shallow RC drilling undertaken at Delphi North in September 2016, including 9m @ 4.2% Ni from 131m downhole in SNRC019 (refer ASX Announcement – 7 October 2016), provide further evidence of the considerable prospectivity of the Sinclair ultramafic belt to host additional massive sulphide nickel deposits. In addition to recent drill results at the Delphi and Delphi North Prospects, RC drilling from the recently completed program at the Schmitz Well South Prospect (Figure 3) also confirmed the presence of wide zones of prospective, fertile high-MgO ultramafic rocks. Talisman is highly encouraged by these recent results and will continue with a cost efficient, staged and focused exploration program at Sinclair during the forthcoming quarter at high priority targets in the near mine Sinclair Trend including further drilling at the Delphi North Prospect. | |
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