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Talisman Mining Ltd.
Summary
| Project: | Sinclair | |
|---|---|---|
| Deposit: | Sinclair | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 8/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-8-2017: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Sinclair deposit at the Sinclair project. Drilling results incl. 4m @ 1.3% Ni, 0.12% Cu from 57m. Talisman Mining Limited (ASX: TLM; “Talisman”) advises that it has co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Anthony Greenaway (Internal) | |
| ABSTRACT: | Talisman Mining Limited (ASX: TLM; “Talisman”) advises that it has completed the latest program of on-ground exploration activities at the 100%-owned Sinclair Nickel Project (“Sinclair”) in WA. Following a project-wide targeting review and assessment of the main ultramafic host units across Sinclair, Talisman identified prospective areas that have undergone very little previous exploration. These areas are interpreted to represent highly favourable environments for the accumulation of massive nickel sulphides. A program of air-core drilling was completed during July and early August targeting the Delphi, Mt Clifford and Schmitz Well South prospect areas and has provided geological and geochemical information in areas with little to no historic exploration. Air-core drilling also targeted a gold-in-regolith anomaly at Sturt Meadows identified from historic RAB drilling completed during the 1990s. A traverse of three RC drill holes was completed by Talisman at Schmitz Well South in 2016 under the West Australian Government’s co-funded Exploration Incentive Scheme. This drilling intersected broad zones of prospective high-MgO ultramafic rocks containing multiple zones of trace to disseminated (cloud) nickel sulphides (assay results returned anomalous nickel including 1m @ 0.97% Ni from 193m down-hole in SNRC0151 ). To follow-up from this previous drilling, three air-core drill traverses were completed in July 2017 in close proximity to the previous nickel sulphide intersections. In addition, three broadly spaced air-core drill traverses (Table 1) were completed to the north to provide confirmation of the continuation of the fertile ultramafic trend where no previous drilling has been completed. | |
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