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Talon Metals Update: Consideration Given to a Phase 1, Direct Shipping Ore (DSO) Option of the Massive Sulphide Unit (MSU)
Road Town, British Virgin Islands--(Newsfile Corp. - May 9, 2019) - Talon Metals Corp. (TSX: T...
About this update from Talon Metals Corp.
[{"type":"text","content":"Talon Metals Update: Consideration Given to a Phase 1, Direct Shipping Ore (DSO) Option of the Massive Sulphide Unit (MSU)Road Town, British Virgin Islands--(Newsfile Corp. - May 9, 2019) - Talon Metals Corp. (TSX: TLO) (\"Talon\" or the \"Company\") is pleased to provide an update on the Tamarack high-grade nickel-copper-cobalt project (the \"Tamarack Project\"), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project.As part of the progression of the project through to the next key study phase, and due to the high-grade nature and spatial separation of the Massive Sulphide Unit (\"MSU\" - Figure 1), Talon is considering multiple options, including (i) shipping the MSU for offsite processing; and (ii) blending the MSU with other mineralization types for onsite processing. \"Given the strategic nature of the Tamarack high grade Ni-Cu-Co Project we are studying a multitude of options. Shipping the MSU for offsite processing is one option which could potentially reduce upfront capex and time to production, as there will not be a need for a concentrator on site,\" said Henri van Rooyen, CEO of Talon. \"We expect that this process would not sterilize ore. Direct Shipping Ore (DSO) may generate net cash to contribute to the construction of an onsite concentrator to process the other types of mineralization. As part of our decision-making process, Talon plans to also evaluate the impact of blending all mineralization types, including the MSU, on the quality of concentrates.\"\"Talon may have the option to sell its nickel concentrates to smelters and/or partner with downstream battery metal facilities for producing battery precursor materials, which may materially reduce the cost of Lithium-ion batteries and consequently, electric vehicles,\" said Sean Werger, President of Talon. \"Talon will complete the necessary studies to determine the best path forward.\" Talon is committed to the responsible mining and production of nickel for Electric Vehicles (\"EV\"). As a first step to evaluating different options, the Company has commissioned two pre-concentration amenability studies to take advantage of the density differences between sulphide minerals and gangue. Pre-concentration typically results in a net capex, energy and consequently a reduction in opex:Capex reduction: L...