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Talon Metals Finds More Massive Nickel-Copper-PGM Sulfide Mineralization
Sep. 01, 2015 04:20PM PST
Base Metals Investing Talon Metals Corp. (TSX:TLO) released an exploration update on its Minnesota-based Tamarack North nickel-copper-PGM project.
Talon Metals Corp. (TSX:TLO) released an exploration update on its Minnesota-based Tamarack North nickel-copper-PGM project. The update covers follow-up drilling completed at the 221 zone; it’s located about 2 kilometers from the massive sulfide unit mineral zone that forms part of the Tamarack zone.
Highlights include:
- Drill hole 15TK0229 intercepted a 9.88 meter zone of disseminated and massive nickelcopper-PGE sulphide mineralization from 693.79 meters depth assaying 2.35% Ni, 1.40% Cu, 0.77g/t PGE’s and 0.17g/t Au which equates to a 3.04% nickel equivalent (“NiEq”) grade basis1 (see Annex B). 2
- The lower 2.84 meters of this intersection from 700.83 meters depth consists predominantly of massive nickel-copper-PGE sulphide mineralization assaying 7.68% Ni, 4.59% Cu, 2.41 g/t PGE’s and 0.53 g/t Au, which equates to a 9.87% NiEq grade basis, and also includes a 1.63 meter basal zone of high-grade massive sulphide mineralization assaying 9.33% Ni, 5.14% Cu, 3.65 g/t PGE’s and 0.71 g/t Au which equates to a 12.01% NiEq grade basis.
- The intersection successfully tested the prominent off-hole conductors modelled from the downhole electromagnetic (“DHEM”) surveys from recently drilled holes 15TK0221 and 15TK0228 (see Annex B for further information on these drill holes). This work, in conjunction with 3D-DHEM modelling, suggests that these conductors are continuous along strike. The DHEM survey of drill hole 15TK0229 is currently in progress and modelling of the data collected will commence shortly.
Henri van Rooyen, CEO of Talon, commented:
Stepping out two kilometers north-north-east of the MSU located within the Tamarack Zone and intercepting exceptionally high grade massive sulphide mineralization in two out of three holes where there is zero mineral expression at surface and with no drill holes for a further two kilometers along strike, is once again testament to the effective deployment of intellectual property designed and integrated by the Kennecott team at Tamarack. The 221 Zone discovery reaffirms the potential for widespread massive sulphide mineralization occurring along the 18 kilometer Tamarack Igneous Complex.
Click here to read the full Talon Metals Corp. (TSX:TLO) press release.