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Talon Metals update: 2014 exploration program at Tamarack concludes with a new intercept of 17.34 meters of massive sulphide at 6.17% Ni, 2.34% Cu, 1.72 g/t PGEs and 0.71 g/t Au (7.56% NiEq)
ROAD TOWN, Tortola, British Virgin Islands , Jan. 15, 2015 /CNW/ - Talon Metals Cor...
About this update from Talon Metals Corp.
[{"type":"text","content":"\n\n\n\n\nROAD TOWN, Tortola, British Virgin Islands, Jan. 15, 2015 /CNW/ - Talon Metals Corp. (\"Talon\" or the \"Company\") (TSX:TLO) is pleased to provide an exploration update on the Tamarack North Nickel-Copper-PGE project (\"Tamarack North Project\") located in Minnesota, USA. The results contained in this news release mark the conclusion of a successful 2014 exploration program at the Tamarack North Project.  The 2015 winter exploration program is already underway, having commenced earlier this month.\n\nHIGHLIGHTS\n\n\nDrill hole 14TK0213 intercepted a total of 17.34 meters of massive nickel-copper-PGE sulphide mineralization at 6.17% nickel (\"Ni\"), 2.34% copper (\"Cu\"), 1.72 g/t PGEs and 0.71 g/t gold (\"Au\"), which equates to a 7.56% nickel equivalent (\"NiEq\") grade basis1. \nThe massive nickel-copper-PGE sulphide mineralization intercepted in drill hole 14TK0213 represents a meaningful step-out from the current Massive Sulphide Unit Mineral Zone (\"MSU\"), being approximately 54 meters from the MSU and 31 meters south of the most recent MSU intercept in drill hole 14TK0211 (reported in the Company's news release on December 1, 2014 as 15.94 meters of massive nickel-copper-PGE sulphide mineralization at 7.14% Ni, 2.43% Cu, 1.49 g/t PGEs, which equates to a 8.49% NiEq grade basis) (See Figure 2). \nAs a result of the positive results from the 2014 exploration program, further follow-up drilling is currently being planned as part of the 2015 winter exploration program. \n\"The recently reported wide and high grade nickel, copper and PGE intercepts at the Tamarack  North Project, contained within an undeveloped and large (18 km) igeneous complex, has not been witnessed anywhere in the world in a very long time and speaks to the uniqueness of the Tamarack North Project.\" said Warren Newfield, Executive Chairman of Talon.\n\n\"The rapid expansion of massive nickel and copper sulphide mineralization at the Tamarack North Project is the latest evidence of massive sulphide pooling along the FGO keel of the Tamarack Intrusive Complex and further confirms the project's significant growth potential\", said Henri van Rooyen, CEO of Talon. \n\nPREVIOUSLY STATED GOALS OF THE 2014 EXPLORATION PROGRAM\n\nAs previously reported by Talon, the 2014 exploration program was focused on better defining the path of ...