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Talisman Mining Ltd.
Summary
| Project: | Sinclair | |
|---|---|---|
| Deposit: | Sinclair | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 11/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-11-2017: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Sinclair deposit at the Sinclair project. Drilling results incl. 2m @ 1.95% Ni, 2005ppm Cu, 945ppm Co from 198m. Talisman Mining Ltd (ASX: TLM) has now completed a fi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Anthony Greenaway (Internal) | |
| ABSTRACT: | Talisman Mining Ltd (ASX: TLM) has now completed a five hole RC drill programme at its 100% owned Sinclair Nickel Project to follow-up recent highly encouraging results at the Schmitz Well South and Delphi North Prospects. Four RC holes for 880m (Table 1) were completed along strike and downdip from recent encouraging air-core (AC) drilling results at Schmitz Well South (Figure 1) (refer ASX release 23 August 2017). Previous AC drilling intersected oxide material after disseminated and stringer nickel sulphides within the ultramafic rocks with elevated platinum & palladium values which are indicative of komatiite hosted, magmatic nickel sulphide mineralisation. Results included; Historic AC drilling did not intersect the interpreted prospective basal contact position which is understood to be the most favourable host site for massive nickel sulphide accumulations. The recent RC drill programme was designed to test this prospective position. RC drilling in all holes intersected a consistent, thick sequence of high-magnesian ultramafic rocks including minor disseminated sulphides but did not return any significant nickel intersections. Talisman interprets the results to represent a possible channel flow environment with the potential to host accumulations of nickel sulphides. The thick ultramafic sequence overlies a basaltic footwall unit similar to that seen at the Sinclair Mine and other locations along the ultramafic belt. | |
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