For thousands of other reports visit RSC's Mineral Intellingence Map
Talisman Mining Ltd.
Summary
| Project: | Springfield | |
|---|---|---|
| Deposit: | Springfield | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 9/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 13-9-2016: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Springfield deposit at the Springfield project. JV with Sandfire Resources - drilling results incl. 5m @ 4.11% Cu, 0.029ppm Au from 55m. Talisman Mining Limited (ASX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Anthony Greenaway (Internal) | |
| ABSTRACT: | Talisman Mining Limited (ASX: TLM “Talisman”) advises that the Springfield Project Joint Venture, managed by Sandfire Resources NL (ASX: SFR "Sandfire"), has approved a $3.07 million budget (100% basis) for the four-month period to the end of December 2016 with work now underway. This budget is separate to expenditure on the ongoing Monty Deposit Feasibility Study (“Feasibility Study”). The current four-month exploration budget focuses exploration efforts predominantly on the identification and further definition of the prospective exhalative horizons across the Springfield Project. This continues from the previous budget period where Joint Venture exploration moved to a more systematic strategy stepping outside of the known Monty Deposit following an inward looking resource definition focus. Consistent with this strategy, a key aspect of the forthcoming budget is a planned 30,100 metres of aircore drilling to better define interpreted exhalative horizons within the prospective Homer, Monty and Southern Volcanic VMS corridors. In addition to the planned air-core drilling, the Joint Venture plans to undertake reverse circulation (RC) drilling to follow up shallow copper anomalism encountered in previous air-core drilling at both Monty North East and Monty South. The first diamond drill hole to test the potential down dip extensions to the Monty Deposit is budgeted to be undertaken in October 2016. Talisman believes that this budgeted work will assist in understanding the deposit and regional scale geology and structure in the Doolgunna region. This work is crucial to unlocking the location of potential new lenses or fault displaced extensions to known mineralisation, as well as uncovering new stand-alone deposits. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report