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Talon Metals Corp.
Summary
| Project: | Tamarack | |
|---|---|---|
| Deposit: | Tamarack | |
| Location: | United States | |
| Commodities: | Copper-Nickel-Cobalt-PGM-Gold | |
| Date: | 12/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2016: Talon Metals Corp. announces an Exploration/Drilling Update report for its Tamarack deposit at the Tamarack project. Drill results incl. 91m @ 0.42% Cu, 0.62% Ni, 0.02% Co, 0.16g/t Pt, 0.09g/t Pd, 0.10g/t Au. Road Town, British Virgin Islands | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: James McDonald (Internal) | |
| ABSTRACT: | Road Town, British Virgin Islands (December 13, 2016) – Talon Metals Corp. (“Talon” or the “Company”) (TSX: TLO) is pleased to provide an update on the Tamarack Nickel-Copper-PGE project (“Tamarack Project”), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. Talon owns an 18.45% interest in the Tamarack Project. Positive drill results from the summer drilling program have been received from three exploration targets and from the Tamarack Zone. In the Tamarack Zone further results have been received following on from those reported in the press release dated November 22, 2016. These include two Massive Sulphide Unit (“MSU”) intersections where drill hole 16TK0244 intercepted 2.03 meters of MSU at the edge of the western MSU grading 9.6% Ni, 4.04% Cu, 1.83 g/t PGE’s, 0.45 g/t Au from a depth of 448.81 meters; and drill hole 16TK0247 which intersected the northeastern MSU extension, with 5 meters grading 3.26% Ni, 2.59% Cu, 0.46g/t PGE’s and 0.28g/t Au from a depth of 398 meters, which included two discrete higher grade zones. Drill hole 16TK0250 intersected the southern part of the 138 Zone with 91 meters of disseminated mineralisation grading 0.62% Ni, 0.42% Cu, 0.25g/t PGE’s and 0.10g/t Au from a depth of 420.5 meters, which also included a number of higher grade zones, showing that mineralization is still open to the south of the 138-Zone. Drill hole 16TK0251, located along the north western edge of the modeled SMSU intercepted three zones of interstitial to blebby sulphides (see Table 2 for intercept lengths and grades). | |
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