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Talon Metals Announcement: Increase in Throughput and Mine Life Expected at Tamarack as a Result of Positive Metallurgical Test Results

Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - July 8, 2020) - Talon Metals Cor...

articleTalon Metals Corp.July 8, 20203/company/talon-metals-corp/news/talon-metals-announcement-increase-in-throughput-and-mine-life-expected-at-tamarack-as-a-result-of-positive-metallurgical-test-results
Talon Metals Announcement: Increase in Throughput and Mine Life Expected at Tamarack as a Result of Positive Metallurgical Test Results

About this update from Talon Metals Corp.

[{"type":"text","content":"Talon Metals Announcement: Increase in Throughput and Mine Life Expected at Tamarack as a Result of Positive Metallurgical Test ResultsRoad Town, Tortola, British Virgin Islands--(Newsfile Corp. - July 8, 2020) - Talon Metals Corp. (TSX: TLO) (\"Talon\" or the \"Company\") is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt project (\"Tamarack Project\"), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project.Highlights- The Company's Updated Preliminary Economic Assessment (\"PEA\") (with an effective date of March 12, 2020)[1] included only 4.9 million tonnes of material in the proposed mine plan. More specifically, 3.1 million tonnes of material were excluded from the Company's proposed mine plan, as development of a representative flowsheet was still in progress by the Company. - Since March 12, 2020, flotation optimization has been conducted on a composite sample grading 1.61% Ni and 0.96% Cu. This is considered representative of the mineralization at the Tamarack Project.- The flowsheet development has been successful: Flotation selectivity was unaffected by the addition of the material representative of the remaining 3.1 million tonnes of material.- An updated mine plan and economic analysis is now underway by the Company to reflect the positive results from the metallurgical test program. - The Company is presently conducting a Locked Cycle Test with the intention of using the concentrates to commence downstream flowsheet development with the goal of establishing an integrated nickel sulphate complex at the Tamarack Project. Such a complex is expected to be strategic to US and European electric vehicle manufacturers.- Based upon the Company's recent metallurgical test results, the Company is optimistic that the large body of mineralization above the high-grade massive sulphide unit (the 138 Zone) can be included in future mine plans. \"The metallurgical performance of the Tamarack mineralization continues to excite,\" said Oliver Peters, Talon's metallurgical consultant. \"A simplified flowsheet has now been developed to treat the entire resource from the Tamarack Project. Results are excellent and most certainly better than expected. We will now commence hydrometallurgical flowsheet development with the goal of producing nickel sulphates ...

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