Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) announced Tuesday it had hit the longest mixed massive sulphide nickel mineralization to date at its Tamarack nickel-copper-cobalt project in Minnesota.
Drill hole 20TK0278 intersected 21.7 metres (m) of mixed massive sulphide mineralization, starting at 459.7m, a new record at Tamarack. The hole was a 27m deep step out into an area that has seen very little previous exploration.
The 124 square kilometre asset comprises the Tamarack North project and the Tamarack South project. A 2018 resource estimate showed higher confidence indicated resources of 3.6 million tonnes at 2.45% nickel equivalent with additional inferred resources of 4.4 million tonnes grading 2.11% nickel equivalent.
READ: Talon Metals delivers high grade and wide intercepts from its Tamarack nickel-copper-cobalt project in Minnesota
Talon is working on a drill program that will expand the project’s resource area and move ounces into the higher-confidence indicated category ahead of a forthcoming feasibility study.
Brian Goldner, Talon’s head of exploration, told shareholders that the drill hole “will likely have the meaningful impact of extending our western high-grade Massive Sulphide Unit (MSU).”
The western limb of the MSU was targeted for drilling, as this area was thought to be open with the last historic drill hole (08TK0083) intersecting 9.2m of mineralization grading 7.8% nickel, 3.2% copper, 0.2% cobalt, 0.8 grams per ton (g/t) palladium, 1.4 g/t platinum and 0.3 g/t gold. Talon said it plans to continue drilling towards the south with the goal of further extending the western limb of the MSU, which remains open.
Goldner added: “This news continues to motivate the entire Talon team and going forward, we plan to continue to follow this new trend of high-grade nickel-copper mineralization towards the south, with the potential to find more nickel-copper mineralization."
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