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Uranium North Resources Corp, Diamonds North Resources Ltd Announce Talisman Mine Acquisition

Investing News Network
Oct. 24, 2012 07:12AM PST
Silver Investing

Uranium North Resources Corp. (TSXV:UNR) and Diamonds North Resources Ltd. (TSXV:DDN) have acquired a 100% interest in the Talisman Mine in Washington State through their subsidiary Minerals North LLC.

Uranium North Resources Corp. (TSXV:UNR) and Diamonds North Resources Ltd. (TSXV:DDN) have acquired a 100% interest in the Talisman Mine in Washington State through their subsidiary Minerals North LLC.

As quoted in the press release:

Samples from the initial program yielded mineralization as high as 144 g/t silver, 3.45% copper, 6.3% lead and 6.91% zinc. A recently completed magnetic survey defined a large magnetic high anomaly west of the mine that appears to be associated with this mineralization.

Mark Kolebaba, President and CEO, said:

Originally we staked the Talisman mine to test for a Buckhorn type gold skarn deposit. After our initial exploration program we have identified high silver, copper, lead and zinc showings extending well beyond the mine site. The project’s close proximity to the Teck Trail smelter and current commodity prices position Talisman as a high value project requiring follow-up to further trace and better define the mineralized zones.

To view the whole press release, click here.

tsxv:ddn mark kolebaba tsxv:unr skarn deposit
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