Talon Metals Announces New Discovery at Tamarack
(firmenpresse) - ROAD TOWN, BRITISH VIRGIN ISLANDS -- (Marketwired) -- 05/28/15 -- Talon Metals Corp. ("Talon" or the "Company") (TSX: TLO) is pleased to provide an exploration update on the Tamarack North Nickel-Copper-PGE project ("Tamarack North Project") located in Minnesota, USA. Massive nickel-copper-PGE sulphide mineralization has been intercepted approximately 1.6 km away from the Tamarack Zone, which is the area that comprises the Company's current independent mineral resource estimate.
"This is a modern day example of how prolific nickel producing complexes came into being in years past. The discovery of massive nickel-copper-PGE sulphide mineralization, located nearly 2 km away from the Company's resource area (the Tamarack Zone), in conjunction with the off-hole DHEM anomoly located a signficant distance away from drill hole 15TK0221, is indeed a testament to the exploration potential at Tamarack and Kennecott's exploration program effectiveness," said Henri van Rooyen, CEO of Talon Metals. "We are pleased with these results and look forward to further updating our shareholders on the results from the remaining 10 holes drilled during the 2015 winter exploration program."
Quality Assurance, Quality Control and Qualified Persons
Please see the technical report entitled "First Independent Technical Report on the Tamarack North Project, Tamarack, Minnesota" dated October 6, 2014 (the "Tamarack North Technical Report") prepared by independent "Qualified Persons" Brian Thomas (P. Geo) of Golder, Paul Palmer (P. Eng) of Golder and Manochehr Oliazadeh Khorakchy (P. Eng) of Hatch Ltd. for information on the QA/QC, analytical and testing procedures employed by Kennecott Exploration Company at the Tamarack North Project. Copies are available on the Company's website () or on SEDAR at ().
Widths are drill intersections and not true widths. True widths cannot be consistently calculated for comparison purposes between holes because of the irregular shapes of the mineralized zones.
Drill intersections have been independently selected by Talon. Drill composites have been independently calculated by Talon.
James McDonald, Vice President, Resource Geology of Talon and Mike Shaw, Vice President, Exploration of Talon are both Qualified Persons within the meaning of NI 43-101. Messrs. McDonald and Shaw are satisfied that the analytical and testing procedures used are standard industry operating procedures and methodologies, and they have reviewed, approved and verified the technical information disclosed in this news release, including sampling, analytical and test data underlying the technical information.
About Talon
Talon is a TSX-listed company focused on the exploration and development of the Tamarack Nickel-Copper-PGE Project in Minnesota, USA (which comprises the Tamarack North Project and the Tamarack South Project). The Company has a well-qualified exploration and mine management team with extensive experience in project management.
For additional information on Talon, please visit the Company's website at .
Forward-Looking Statements
This news release contains certain "forward-looking statements". All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include, among other things, statements relating to the Tamarack Project with respect to the form and extent of mineralization, targets, goals, objectives and plans, including plans for the release of remaining 2015 winter exploration program results. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: failure to establish estimated mineral resources, the grade, quality and recovery of mineral resources varying from estimates, the uncertainties involved in interpreting DHEM surveys, drilling results and other geological data, inaccurate geological and metallurgical assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources, uncertainties relating to the financing needed to further explore and develop the properties or to put a mine into production and other factors (including exploration, development and operating risks)).
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Annex "A"
To view Figure 1: Map of TIC showing all Winter Exploration Program Drill Holes, please visit the following link: .
Annex "B"
Table 1: Holes Drilled during the 2015 Winter Exploration Program
Annex "C"
Table 2: Assay Results 480 Zone
UNK: True Width unknown as these assay results are in new geological location.
NSM: No Significant Mineralization: Target depth not reached due to weather conditions.
Please refer to Table 1 in Annex B for Easting, Northing, Elevation, Azimuth and Dip for each hole indicated.
All samples were analysed by ALS Chemex. Nickel, copper, and cobalt grades were first analysed by a 4 acid digestion and ICP AES (ME-4ACD81). Grades reporting approximately 1%, using ME-4ACD81, triggered an AAS finish. If the results were greater than 1% then a Sodium Peroxide Fusion with ICP-AES finish was used (ICP81). Platinum, palladium and gold are initially analysed by fire assay with a mass spectral finish (PGM-MS24). Over limits triggered an ICP-AES finish (PGM-ICP27).
Drill intersections have been independently selected by Talon. Drill composites have been independently calculated by Talon.
NiEq percentages are calculated using the following formula: NiEq% = Ni%+ Cu% x 2.91/9.20 + Co% x 14/9.20 + Pt (g/t)/31.103 x 1,400/9.2/22.04 + Pd (g/t)/31.103 x 600/9.2/22.04 + Au (g/t)/31.103 x 1,300/9.2/22.04.
Sample lengths and grades have been rounded to two decimals.
(1) NiEq percentages quoted in this news release are calculated using the following formula: NiEq% = Ni%+ Cu% x 2.91/9.20 + Co% x 14/9.20 + Pt (g/t)/31.103 x 1,400/9.2/22.04 + Pd (g/t)/31.103 x 600/9.2/22.04 + Au (g/t)/31.103 x 1,300/9.2/22.04
Contacts:
Talon Metals Corp.
Sean Werger
President
(416) 361-9636 x247
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 28.05.2015 - 12:30 Uhr
Sprache: Deutsch
News-ID 396437
Anzahl Zeichen: 0
contact information:
Town:
ROAD TOWN, BRITISH VIRGIN ISLANDS
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 225 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Talon Metals Announces New Discovery at Tamarack"
steht unter der journalistisch-redaktionellen Verantwortung von
Talon Metals Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
