Business
Talon Metals Commences Drill Program at Tamarack
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - January 21, 2020) - Talon Metals...
About this update from Talon Metals Corp.
[{"type":"text","content":"Talon Metals Commences Drill Program at TamarackRoad Town, Tortola, British Virgin Islands--(Newsfile Corp. - January 21, 2020) - Talon Metals Corp. (TSX: TLO) (\"Talon\" or the \"Company\") is pleased to announce the commencement of its exploration program at 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.Talon is well funded to execute on its exploration program with over C$7 million in its treasury. The Company has mobilized three drill rigs in respect of its program at Tamarack.The Company's principal objectives for the exploration program are to: (i) Better define the high-grade mineralized zone, known as the Massive Sulphide Unit (\"MSU\"), by converting resources from the inferred category to the indicated category, with the goal of progressing the Tamarack Project towards the pre-feasibility study stage; and (ii) Utilize various geophysical techniques to identify drill targets for the purpose of extending (growing) the high grade MSU, and then begin drilling these targets as part of this exploration program.\"The nickel grades of the massive sulphide unit at Tamarack are high, even when compared to other high grade nickel, copper and cobalt projects globally. Our first order of business for 2020 is to better define and potentially expand the high grade massive sulphide unit as we progress the project towards a pre-feasibility study,\" said Henri van Rooyen, Talon CEO. \"We are one of a few mineral exploration projects with capital to potentially create significant value by following up on possible high grade massive sulphide extensions, while at the same time moving the Tamarack Project towards the pre-feasibility stage. We look forward to updating shareholders as and when results become available in the coming weeks,\" said Sean Werger, Talon President. (A) Better Defining the High Grade MSU: Progressing Towards a Pre-feasibility Study by Converting Resources from the Inferred Category to the Indicated CategoryTalon has mobilized three drill rigs to the Tamarack North Project to commence an in-fill (definition) drilling program, which is expected to continue from January to March 2020. The program is utilizing directional drilling to target up to 10 daughter drill holes from three parent...