Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) has revealed that it continues to intersect high-grade mineralization outside of the current resource area at its Tamarack nickel project in Minnesota.
The junior company said new intercepts showed high-grade nickel-copper mineralization at shallow depths at the CGO East area around 700 metres northeast of Tamarack’s resource.
Assay results included 30.3 meters grading 1.3% nickel (Ni) and 0.6% copper (Cu), including 5.1 meters grading 5% Ni, 1.7% Cu starting at 171.26 meters.
Another hole intersected 31.7 meters grading 1% Ni and 0.6% Cu starting at 153 meters, including 1.6 meters grading 5.2% Ni and 1.7% Cu starting at 183.1 meters.
Talon told investors that the assay results help to confirm the extent and grade of nickel-copper mineralization in the CGO East area modelled by the company from geophysical data.
The firm is drilling at the CGO East area to try and delineate a new resource that could become part of Tamarack’s mine plan.
“The nickel grades we are seeing in the CGO East Area, and even in the CGO West Area for that matter, are turning out to be higher than expected,” said Brian Goldner, Head of Exploration for Talon.
“What is really exciting is that we are now seeing that there is a very large trend of shallow, high-grade nickel-copper mineralization that starts several hundreds of meters to the north and heads back towards our resource area. All of this will be taken into account as part of our next iteration of the mine plan,” he added.
Talon plans to release a new resource estimate later this year.
Contact Angela at [email protected]
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Story by ProactiveInvestors
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