Talon Metals Corp. (TSX:TLO) released an update on its Minnesota-based Tamarack nickel-copper-PGMs project. The company has received results from four drill holes completed as part of a winter 2017 drill program at the project’s 480 zone.
As quoted in the press release:
The goal of the step-out drilling in the 480 Zone, located approximately 3.5 kilometers to the north of Talon’s defined resource in the Tamarack Zone, was to determine the possible extension of previously drilled, shallow mineralization. During the 2009/10 drilling campaign, drill hole 09TK0109 intersected 11.5 meters of 1.11% Nickel (“Ni”) and 0.80% Copper (“Cu”) from a depth of 43 meters and drill hole 09TK0098 with 15.74 meters of 0.79% Ni and 0.71% Cu from a depth of 41.26 meters. The four (2017 winter exploration program) drill holes failed to intersect any significant mineralization.
Henri van Rooyen, CEO of Talon, commented:
Sound exploration strategy requires the rapid follow-up and qualification of anomalies outside of known intrusions. The 480 Zone, where prospective nickel and copper mineralization had previously been intercepted in a FGO type host, 3.5 kilometers north of the Tamarack Zone, is one such area. As presently, no additional significant mineralization has been intercepted in the 480 Zone, the program focus moved to new targets that were identified from the expanded gravity and magnetotelluric surveys completed in 2016. We look forward to updating shareholders on the results from these step-out targets when further results become available.