Talon Metals Announces 3.75 Mt Indicated, 3.12 Mt Inferred Resource at Tamarack Project

Talon Metals Corp. (TSX:TLO) has reported its initial resource estimate for the Tamarack North portion of its Tamarack project in Minnesota. Talon can acquire a 30 percent stake in the project from Kennecott Exploration Company, a subsidiary of Rio Tinto (NYSE:RIO).

As quoted in the press release, highlights from the resource estimate included:

3.75 million tonnes in the indicated category at average grades of 1.81% Ni, 1.00% Cu, 0.05% Co, 0.41 g/t Pt, 0.25 g/t Pd and 0.19 g/t Au (which equates to a 2.35% Ni equivalent (“NiEq”) grade basis) at a 0.9% NiEq cut-off.

An additional 3.12 million tonnes in the inferred category at average grades of 1.22% Ni, 0.82% Cu, 0.03% Co, 0.26 g/t Pt, 0.16 g/t Pd and 0.16 g/t Au (which equates to a 1.63% Ni equivalent grade basis) at a 0.9% NiEq cut-off.

Talon’s executive chairman, Warren Newfield, said:

We are very pleased with the independent mineral resource estimate on a portion of the Tamarack North Project that we are able to report today. While these numbers are exciting due to their high grade and closeness to surface, the resource area only comprises hundreds of meters along a Tamarack Intrusive Complex that is approximately 18km in strike length by 3km at its widest point. With the ongoing exploration at the Tamarack North Project, we look forward to expanding the resource.

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