Talon Metals Announces Mineral Resource Estimate at the Trairão Iron Project

- November 26th, 2011

Talon Metals Corp. (TSX:TLO) announced an inferred mineral resource estimate for target areas 4, 5 and 6 at its Trairão iron project.

Talon Metals Corp. (TSX:TLO) announced an inferred mineral resource estimate for target areas 4, 5 and 6 at its Trairão iron project.

As quoted in the press release:

The National Instrument 43-101 (“NI 43-101″) compliant inferred mineral resource estimate (“Resource”) for Target Areas 4, 5 and 6 is estimated at approximately 103 million tonnes at an average grade of approximately 29% Fe (25% Fe cut-off). The addition of the Resource for Target Areas 4, 5 and 6 represents an increase of approximately 9% on the previously reported cumulative inferred mineral resource estimate of approximately 1,102 million tonnes for Target Areas 1, 2 and 3.

Talon’s President and CEO, Eddie Scholtz said:

This resource estimate is in line with our expectations as Target Areas 4, 5 and 6 are peripheral extensions to the main resource on Target Areas 1, 2 and 3, and on which  there is not extensive development of oxidized saprock and saprolite in this area.

Click here to read the Talon Metals Corp. (TSX:TLO) press release.

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