Talisker initiated resource conversion drilling onOctober 17, 2023 with 15,000 metres of planned drilling.- Hole SB-2023-009 intersected 40.82 g/t Au over 2.60 metres within a broader interval of 8.54 g/t Au over 13.45 metres on the BK Vein.
- Hole SB-2023-009 also intersected 11.62 g/t Au over 3.05 metres within a broader interval of 2.46 g/t Au over 25.35 metres on the BK9870.
- The BK and BK9870 structures overlap, creating a larger mineralized interval of 4.05 g/t Au over 43.95 metres.
- Hole SB-2023-010 intersected 8.51 g/t Au over 2.05 metres within a broader interval of 3.72 g/t over 11.30 metres on the C4 Vein.
- The resource conversion drill program is focused on increasing confidence in the
Alhambra and BK Vein.
SB-2023-009 Description
- All assays have been received
- Located in King block and hosted in diorite intrusive
- BK9870 vein intersected from 114.20 – 115.45 m
- BK9870 vein splay intersected from 124.50 – 127.20 m
- BK Vein intersected from 147.85 – 151.60 m
SB-2023-010 Description
- All assays have been received
- Located in King block and hosted in diorite intrusive
- C4 Vein intersected from 187.20 – 188.75 m
Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.
Table 1: | |||||
From (m) | To (m) | Interval (m) | Au (g/t) | Interpreted Structure | |
SB-2023-009 | 108.65 | 109.25 | 0.6 | 1.85 | BK9870 Vein Halo |
SB-2023-009 | 109.25 | 110.6 | 1.35 | 0.08 | |
SB-2023-009 | 110.6 | 112.1 | 1.5 | 0.55 | |
SB-2023-009 | 112.1 | 113.15 | 1.05 | 0.62 | |
SB-2023-009 | 113.15 | 114 | 0.85 | 2.04 | BK9870 Vein |
SB-2023-009 | 114 | 114.5 | 0.5 | 58.80 | |
SB-2023-009 | 114.5 | 115 | 0.5 | 2.23 | |
SB-2023-009 | 115 | 115.6 | 0.6 | 1.01 | BK9870 Vein Halo |
SB-2023-009 | 115.6 | 116.2 | 0.6 | 4.32 | |
SB-2023-009 | 116.2 | 117 | 0.8 | 0.34 | |
SB-2023-009 | 117 | 118 | 1 | 0.08 | |
SB-2023-009 | 118 | 119.5 | 1.5 | 0.06 | |
SB-2023-009 | 119.5 | 121 | 1.5 | 0.26 | |
SB-2023-009 | 121 | 121.7 | 0.7 | 0.28 | |
SB-2023-009 | 121.7 | 122.75 | 1.05 | 3.81 | |
SB-2023-009 | 122.75 | 123.3 | 0.55 | 3.12 | |
SB-2023-009 | 123.3 | 124 | 0.7 | 4.06 | |
SB-2023-009 | 124 | 124.5 | 0.5 | 3.48 | |
SB-2023-009 | 124.5 | 125 | 0.5 | 0.60 | BK9870 Splay |
SB-2023-009 | 125 | 125.5 | 0.5 | 2.04 | |
SB-2023-009 | 125.5 | 126 | 0.5 | 0.95 | |
SB-2023-009 | 126 | 126.7 | 0.7 | 1.47 | |
SB-2023-009 | 126.7 | 127.2 | 0.5 | 3.26 | |
SB-2023-009 | 127.2 | 127.7 | 0.5 | 0.74 | |
SB-2023-009 | 127.7 | 128.3 | 0.6 | 0.03 | BK9870 Vein Halo |
SB-2023-009 | 128.3 | 129 | 0.7 | 0.35 | |
SB-2023-009 | 129 | 129.95 | 0.95 | 2.49 | |
SB-2023-009 | 129.95 | 131.05 | 1.1 | 1.34 | |
SB-2023-009 | 131.05 | 131.55 | 0.5 | 1.97 | |
SB-2023-009 | 131.55 | 132.5 | 0.95 | 0.65 | |
SB-2023-009 | 132.5 | 133 | 0.5 | 2.33 | |
SB-2023-009 | 133 | 134 | 1 | 1.30 | |
SB-2023-009 | 134 | 135 | 1 | 0.01 | |
SB-2023-009 | 135 | 135.7 | 0.7 | 0.02 | BK9870 Vein Halo |
SB-2023-009 | 135.7 | 136.25 | 0.55 | 0.68 | |
SB-2023-009 | 136.25 | 136.95 | 0.7 | 0.37 | |
SB-2023-009 | 136.95 | 138 | 1.05 | 0.02 | |
SB-2023-009 | 138 | 139.15 | 1.15 | 0.03 | BK Vein Halo |
SB-2023-009 | 139.15 | 140 | 0.85 | 0.29 | |
SB-2023-009 | 140 | 141 | 1 | 0.74 | |
SB-2023-009 | 141 | 142 | 1 | 0.56 | |
SB-2023-009 | 142 | 142.5 | 0.5 | 1.90 | |
SB-2023-009 | 142.5 | 143.5 | 1 | 1.51 | |
SB-2023-009 | 143.5 | 144.5 | 1 | 1.58 | |
SB-2023-009 | 144.5 | 145.35 | 0.85 | 0.30 | |
SB-2023-009 | 145.35 | 145.85 | 0.5 | 0.13 | |
SB-2023-009 | 145.85 | 146.35 | 0.5 | 0.42 | |
SB-2023-009 | 146.35 | 146.85 | 0.5 | 0.72 | |
SB-2023-009 | 146.85 | 147.35 | 0.5 | 1.16 | |
SB-2023-009 | 147.35 | 147.85 | 0.5 | 1.78 | BK Vein |
SB-2023-009 | 147.85 | 149 | 1.15 | 0.17 | |
SB-2023-009 | 149 | 150 | 1 | 42.70 | |
SB-2023-009 | 150 | 150.5 | 0.5 | 2.78 | |
SB-2023-009 | 150.5 | 151 | 0.5 | 1.10 | |
SB-2023-009 | 151 | 151.6 | 0.6 | 102.50 | |
SB-2023-009 | 151.6 | 152.1 | 0.5 | 0.65 | BK Vein Halo |
SB-2023-009 | 152.1 | 152.6 | 0.5 | 0.38 | |
SB-2023-010 | 186.7 | 187.2 | 0.5 | 1.85 | C4 Vein Halo |
SB-2023-010 | 187.2 | 188 | 0.8 | 9.06 | C4 Vein |
SB-2023-010 | 188 | 188.75 | 0.75 | 9.09 | |
SB-2023-010 | 188.75 | 189.25 | 0.5 | 6.78 | C4 Vein Halo |
SB-2023-010 | 189.25 | 189.75 | 0.5 | 5.84 | |
SB-2023-010 | 189.75 | 190.5 | 0.75 | 2.48 | |
SB-2023-010 | 190.5 | 191.5 | 1 | 4.98 | |
SB-2023-010 | 191.5 | 192.5 | 1 | 3.94 | |
SB-2023-010 | 192.5 | 193.5 | 1 | 2.68 | |
SB-2023-010 | 193.5 | 194.5 | 1 | 2.66 | |
SB-2023-010 | 194.5 | 195 | 0.5 | 2.29 | |
SB-2023-010 | 195 | 195.5 | 0.5 | 1.97 | |
SB-2023-010 | 195.5 | 196 | 0.5 | 2.29 | |
SB-2023-010 | 196 | 196.5 | 0.5 | 0.95 | C4 Vein Halo |
SB-2023-010 | 196.5 | 197 | 0.5 | 1.18 | |
SB-2023-010 | 197 | 198 | 1 | 0.28 | |
Notes: Diamond drill hole SB-2023-009 has a collar orientation of Azimuth 330; Dip -69. Diamond drill hole SB-2023-010 has a collar orientation of Azimuth 331; Dip -52. True widths are estimated at 40 - 90% of intercept lengths and are based on oriented core measurements where available. Method Reported includes the most up-to-date information as of the date of this press release. |
All reported drill assay results are available on the Company’s website.
For further information, please contact:
President and CEO terry.harbort@taliskerresources.com +1 416 357 0227 | Vice President, Corporate Development matt.filgate@taliskerresources.com +1 778 679 3579 |
Qualified Person
The technical information contained in this news release relating to the drill results at the
About
Sample Preparation and QAQC
Drill core at the
Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance and include statements regarding the Royalty Transaction, including the expected closing date. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Talisker’s current belief or assumptions as to the outcome and timing of such future events. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals.
The forward-looking information contained in this release is made as of the date hereof, and
Figure 1: Plan view section of holes SB-2023-009-010 drilling within the proposed
Figure 2: Hole SB-2023-009 intersection on the BK and BK9870 veins within the northwestern portion of the proposed
Figure 3: Hole SB-2023-010 intersection on the C4 vein in the southeastern portion of the proposed
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/bafba226-edb3-4aa7-b223-ab56b14f09d3
https://www.globenewswire.com/NewsRoom/AttachmentNg/3f0e07d8-a26f-4a5d-94fa-0b62aa4ec275
https://www.globenewswire.com/NewsRoom/AttachmentNg/f13ac7cc-d54e-4aff-94f1-73d98a53c612
Figure 1
Plan view section of holes SB-2023-009-010 drilling within the proposed Mustang Mine footprint.
Figure 2
Hole SB-2023-009 intersection on the BK and BK9870 veins within the northwestern portion of the proposed Mustang Mine .
Figure 3
Hole SB-2023-010 intersection on the C4 vein in the southeastern portion of the proposed Mustang Mine .
2024 GlobeNewswire, Inc., source