Talon Metals Increases Inferred Resource at Tamarack Project

Talon Metals Corp. (TSX:TLO) announced an updated independent NI 43-101 mineral resource estimate for its Tamarack North nickel-copper-PGM project in Minnesota. The report incorporates 2014 drilling of step-out holes from the Massive Sulfide Unit Mineral Zone.

Highlights include:

The updated model of the MSU, coupled with the new intercepts from drill holes 14TK0211 and 14TK0213, has:

1. Increased the inferred resource in the MSU from 158,000 tonnes to 422,000 tonnes – an increase in tonnage by 167% – with an average grade of 6.00% nickel (‘Ni’), 2.48% Copper (‘Cu’), 1.31 g/t PGEs and 0.26 g/t gold (‘Au’), which equates to a 7.26% nickel equivalent (‘NiEq’) grade basis1 at a 0.9% NiEq cut-off (as compared to the previous NiEq grade basis of 6.42%); and
2. Demonstrated the mineral continuity and widening of the high grade MSU, and provides a path forward for future potential expansion of the MSU at the Tamarack North Project.

Henri van Rooyen, CEO of Talon, commented:

The Kennecott Exploration team at Tamarack has numerous years of nickel sulphide exploration experience in the Mid-Continent Rift, and as such, has the benefit of being able to utilize proprietary methodologies to plan and execute successful exploration programs at Tamarack. The latest increase in the MSU inferred resource tonnage by 167% bears testimony to programs that are well-planned and executed by Kennecott. We expect Tamarack to continue to grow in both size and grade.

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