Tamarack, Minnesota and Marquette, Michigan--(Newsfile Corp. - July 9, 2026) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) ("Talon" or the "Company"), a U.S.-focused nickel-copper company advancing and operating high-grade assets across Michigan and Minnesota, today provided a corporate update on its U.S. critical minerals platform, including active exploration drilling in Michigan, continued advancement of the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Project") in central Minnesota, and the launch of the Company's refreshed brand identity.
Talon's U.S. platform includes the Eagle Mine in Michigan, the only primary nickel mine currently operating in the United States; the Humboldt Mill, an ore processing facility in Michigan; the Tamarack Project in Minnesota; the planned Beulah Minerals Processing Facility in North Dakota; and a 400,000+ acre regional exploration land package in Michigan's Upper Peninsula.
Corporate Update Highlights
Michigan exploration drilling active: Talon has resumed exploration drilling in Michigan, with drilling underway at the Roland target in Baraga County and the Boulderdash target in Marquette County, located approximately eight miles northwest of Eagle Mine. The program is focused on advancing priority targets across its 400,000+ acre regional land package in Michigan's Upper Peninsula.
Tamarack advancing toward next environmental review milestone: Talon remains focused on advancing the Tamarack Project through Minnesota's Environmental Impact Statement ("EIS") scoping process, including the anticipated upcoming public comment period for the Scoping Environmental Assessment Worksheet and Draft Scoping Decision Document. Over the past several years, Talon has completed extensive environmental baseline work, advanced technical studies, responded to agency and community feedback, and refined project designs to support a more focused and informed environmental review process and future EIS preparation.
Refreshed Talon brand identity launched across U.S. platform: Talon has introduced a refreshed corporate brand identity, mission, and values to reflect the Company's evolution as a U.S.-focused nickel-copper company operating and advancing critical mineral assets across Michigan, Minnesota, and North Dakota.
"We continue to make positive progress toward our goals," said Darby Stacey, Chief Executive Officer of Talon. "Working transparently with the Minnesota Department of Natural Resources, we have successfully kept the significant milestone of entering the Environmental Impact Statement scoping process on track and on schedule, which is the critical path to first ore at Tamarack. Over the past several years, our team has invested in meaningful upfront engagement, responded to feedback, refined project designs, and reduced uncertainty. We are confident entering this next phase of environmental review. In Michigan, we are back actively exploring multiple high-priority targets across our regional land package. Our refreshed brand reflects who we are today: a U.S.-focused nickel-copper company that produces metals essential to society."