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Talon Metals Files Updated National Instrument 43-101 Technical Report on the Tamarack North Project
Road Town, British Virgin Islands--(Newsfile Corp. - March 26, 2018) - Talon Metals Corp. (...
About this update from Talon Metals Corp.
[{"type":"text","content":"Talon Metals Files Updated National Instrument 43-101 Technical Report on the Tamarack North ProjectRoad Town, British Virgin Islands--(Newsfile Corp. - March 26, 2018) - Talon Metals Corp. (TSX: TLO) (\"Talon\" or the \"Company\") is pleased to announce that it has filed an updated technical report (the \"Technical Report\") prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects (\"NI 43-101\") in respect of the Tamarack North Project located in Minnesota, USA. Talon currently owns an 18.45% interest in the Tamarack Project, which is comprised of the Tamarack North Project and the Tamarack South Project.The Technical Report provides updated scientific and technical information on the Tamarack North Project, including new, positive metallurgical results, and an updated independent mineral Resource Estimate (effective date of February 15, 2018) as follows: DomainResource ClassificationTonnes (000)Ni (%)Cu (%)Co (%)Pt (g/t)Pd (g/t)Au (g/t)Calc NiEq (%)SMSUIndicated Resource3,6391.830.990.050.420.260.22.45TotalIndicated Resource3,6391.830.990.050.420.260.22.45SMSUInferred Resource1,1070.900.550.030.220.140.121.25MSUInferred Resource5705.862.460.120.680.510.257.24138 ZoneInferred Resource2,7050.950.740.030.230.130.161.38TotalInferred Resource4,3821.580.920.040.290.180.162.11 All resources reported at a 0.83% NiEq cut-off.No modifying factors have been applied to the estimates.Tonnage estimates are rounded to the nearest 1,000 tonnes.Metallurgical recovery factored in to the reporting cut-off.NiEq% = Ni%+ Cu% x $3.00/$8.00 + Co% x $12.00/$8.00 + Pt [g/t]/31.103 x $1,300/$8.00/22.04 + Pd [g/t]/31.103 x $700/$8.00/22.04 + Au [g/t]/31.103 x $1,200/$8.00/22.04The updated independent mineral Resource Estimate for the Tamarack North Project has been prepared by Mr. Brian Thomas (P.Geo), Senior Resource Geologist of Golder Associates Limited (Golder). The effective date of the Resource Estimate is February 15, 2018. Mr. Brian Thomas is an independent \"Qualified Person\" pursuant to NI 43-101.The updated mineral resources are derived from Datamine constructed block models (block size = 7.5m x 7.5m x 7.5m for SMSU and 138 Zone; 3m x 3m x 1.5m for MSU) for the three mineral domains and are reported above a NiEq cut-off of 0.83%. All Domains were \"unfolded\" and had top cuts applied to rest...