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Talon Metals Corp.
Summary
| Project: | Tamarack South | |
|---|---|---|
| Deposit: | Tamarack South | |
| Location: | United States | |
| Commodities: | Copper-Nickel-Cobalt-PGM-Gold | |
| Date: | 12/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-12-2018: Talon Metals Corp. announces a Supporting Acquisition report for its Tamarack South deposit at the Tamarack South project. Summary of property in support of option agreement. This Technical Report represents the initial public disclosure of ge | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James McDonald (Internal) | |
| ABSTRACT: | This Technical Report represents the initial public disclosure of geology for the Tamarack South Project in accordance with NI 43-101 guidelines. The Tamarack South Project is located within Aitkin and Carlton Counties, Minnesota, USA. As of the date of this Technical Report, Talon holds a 17.56% interest, and Kennecott holds an 82.44% interest, in the Tamarack Project, which comprises the Tamarack North Project and the Tamarack South Project. On November 7, 2018, Talon and Kennecott entered into the 2018 Tamarack Earn-in Agreement pursuant to which Talon has the right to increase its interest in the Tamarack Project to a maximum 60% interest and become the manager/operator of the Tamarack Project. The 2018 Tamarack Earn-in Agreement is subject to approval by the Talon shareholders of a financing required to be completed by Talon in connection with the Tamarack Project, such shareholder approval to be sought at a meeting to be held on or before January 31, 2019. The 2018 Tamarack Earn-in Agreement is described in Section Error! Reference source not found. below. Prior to the 2018 Tamarack Earn-in Agreement, the relationship between Talon and Kennecott was governed by a number of other agreements (2014 Tamarack Earn-in Agreement, Original MVA, etc.), which are further described below. No Mineral Resources have been identified or quantified for the Tamarack South Project. No metallurgical test work has been completed on material from the Tamarack South Project. This Technical Report was prepared as an NI 43-101 technical report for Talon. The quality of information, conclusions and estimates contained herein is based upon: | |
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