Talisker initiated resource conversion drilling onOctober 17, 2023 with 15,000 metres of planned drilling.- Hole SB-2023-003 intersected 47.60 g/t Au over 1.20 metres within a broader interval of 8.99 g/t Au over 6.80 metres on the Alhambra Vein.
- Hole SB-2023-004 intersected 118.50 g/t Au over .50 metres within 27.48 g/ton Au over 2.25 metres on the BK Vein and 11.72 g/t Au over 1.50 metres on the Alhambra Vein.
- The resource conversion drill program is focused on increasing confidence in the
Alhambra and BK Vein.
SB-2023-003 Description
- Partial results received; two samples pending re-run.
- Located in the King block and intersected dioritic intrusive.
- Alhambra Vein intersected from 110.7 to 111.9m as a banded brecciated quartz vein hosting visible gold and arsenopyrite and pyrite mineralization and moderate silica alteration.
SB-2023-004 Description
- Complete preliminary results received.
- Located in the King block and intersected dioritic intrusive.
- Alhambra Vein Splay intersected from 81.7 to 82.42m as a banded brecciated quartz vein hosting arsenopyrite and pyrite mineralization.
- Alhambra Vein intersected from 95.11 to 97.24m as a banded brecciated quartz vein hosting visible gold and arsenopyrite and pyrite mineralization and moderate silica / mariposite alteration.
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: | |||||||
Hole | From (m) | To (m) | Interval (m) | Au (g/t) | Interpreted Structure | Method Reported | |
SB-2023-003 | 109.2 | 109.7 | 0.5 | 0.24 | Au-AA26 | ||
SB-2023-003 | 109.7 | 110.2 | 0.5 | 0.34 | Au-AA26 | ||
SB-2023-003 | 110.2 | 110.7 | 0.5 | 1.11 | Au-AA26 | ||
SB-2023-003 | 110.7 | 111.3 | 0.6 | 28.50 | Au-AA26 | ||
SB-2023-003 | 111.3 | 111.9 | 0.6 | 66.70 | Au-AA26 | ||
SB-2023-003 | 111.9 | 112.4 | 0.5 | 0.43 | Au-AA26 | ||
SB-2023-003 | 112.4 | 112.9 | 0.5 | 0.28 | Au-AA26 | ||
SB-2023-003 | 112.9 | 113.4 | 0.5 | 1.15 | Au-AA26 | ||
SB-2023-003 | 113.4 | 114 | 0.6 | 1.55 | Au-AA26 | ||
SB-2023-003 | 114 | 115 | 1 | 0.24 | Au-AA26 | ||
SB-2023-003 | 115 | 116 | 1 | 1.05 | Au-AA26 | ||
SB-2023-004 | 37.25 | 37.75 | 0.5 | 0.45 | BK | Au-AA26 | |
SB-2023-004 | 37.75 | 38.25 | 0.5 | 118.50 | Au-GRA22 | ||
SB-2023-004 | 38.25 | 38.75 | 0.5 | 1.37 | Au-AA26 | ||
SB-2023-004 | 38.75 | 39.25 | 0.5 | 0.71 | Au-AA26 | ||
SB-2023-004 | 39.25 | 40 | 0.75 | 2.05 | Au-AA26 | ||
SB-2023-004 | 95.1 | 95.8 | 0.7 | 1.34 | Au-AA26 | ||
SB-2023-004 | 95.8 | 96.3 | 0.5 | 3.09 | Au-AA26 | ||
SB-2023-004 | 96.3 | 96.8 | 0.5 | 26.90 | Au-AA26 | ||
SB-2023-004 | 96.8 | 97.3 | 0.5 | 5.17 | Au-AA26 | ||
SB-2023-004 | 97.3 | 97.8 | 0.5 | 1.19 | Au-AA26 | ||
SB-2023-004 | 97.8 | 98.3 | 0.5 | 0.13 | Au-AA26 | ||
SB-2023-004 | 98.3 | 99 | 0.7 | 0.13 | Au-AA26 | ||
Notes: Diamond drill hole SB-2023-003 has a collar orientation of Azimuth 167; Dip -75. Diamond drill hole SB-2023-004 has a collar orientation of Azimuth 154; Dip -70.5. 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 of holes SB-2023-003-004 intersecting the
Figure 2: Holes SB-2023-003-004 intersections of BK and
Figure 3: Resource conversion drilling, holes SB-2023-003-004 with year 1 and year 2 stopes in the proposed
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/aaa6edb3-77b2-43e3-90b1-9c44b29bfa17
https://www.globenewswire.com/NewsRoom/AttachmentNg/aaa6304c-384b-4597-9a56-8914d2bcb7e9
https://www.globenewswire.com/NewsRoom/AttachmentNg/2bbde96b-a91d-497b-884a-029762d50b4e
Figure 1
Plan view of holes SB-2023-003-004 intersecting the Alhambra and BK Veins within the proposed Mustang Mine .
Figure 2
Holes SB-2023-003-004 intersections of BK and Alhambra veins within the Mustang area.
Figure 3
Resource conversion drilling, holes SB-2023-003-004 with year 1 and year 2 stopes in the proposed Mustang Mine .
2023 GlobeNewswire, Inc., source