Talisker initiated resource conversion drilling onOctober 17, 2023 with 15,000 metres of planned drilling.- Hole SB-2023-030A intersected 24.41 g/t Au over 1.50 metres within a broader interval of 7.33 g/t Au over 5.70 metres on the BK-9870 Vein.
- Hole SB-2023-030A also intersected 10.40 g/t Au over 0.80 metres within a broader interval of 5.51 g/t Au over 3.00 metres on the Alhambra Vein.
- Hole SB-2023-026 intersected 18.93 g/t Au over 1.00 metres within a broader interval of 6.49 g/t over 4.95 metres on the BK-9870 Vein.
- The resource conversion drill program is focused on increasing confidence in the
Alhambra , BK-9870 and BK Vein. - A total of 81 drill holes were drilled during the resource conversion program, totaling 14,949 metres.
- All 2023 assays have been received. Currently, there are 2,157 samples from the 2024 Q1 drilling program at the assay laboratory awaiting to be received.
SB-2023-026 Description
- All assays have been received.
- Located in the King block and hosted in diorite intrusive.
- Intersected the BK-9870 vein from 51.70 – 57.00 m.
SB-2023-030A Description
- All assays have been received.
- Located in the King block and hosted in diorite intrusive.
- Intersected the BK-9870 vein from 62.90 – 63.50 m.
- Intersected the
Alhambra vein from 159.75 – 160.35 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-2023-026 | 49.2 | 50.2 | 1 | 2.05 | BK-9870 Vein Halo | |
SB-2023-026 | 50.2 | 51.2 | 1 | 0.97 | ||
SB-2023-026 | 51.2 | 51.7 | 0.5 | 2.26 | ||
SB-2023-026 | 51.7 | 52.2 | 0.5 | 6.47 | ||
SB-2023-026 | 52.2 | 53 | 0.8 | 4.32 | ||
SB-2023-026 | 53 | 53.5 | 0.5 | 0.55 | ||
SB-2023-026 | 53.5 | 54 | 0.5 | 0.02 | ||
SB-2023-026 | 54 | 54.5 | 0.5 | 13.65 | BK-9870 Vein | |
SB-2023-026 | 54.5 | 55 | 0.5 | 24.20 | ||
SB-2023-026 | 55 | 56 | 1 | 1.30 | BK-9870 Vein Halo | |
SB-2023-026 | 56 | 56.65 | 0.65 | 7.55 | ||
SB-2023-026 | 56.65 | 57.15 | 0.5 | 0.82 | ||
SB-2023-026 | 57.15 | 57.65 | 0.5 | 1.29 | ||
SB-2023-030A | 62.3 | 62.8 | 0.5 | 2.61 | BK-9870 Vein Halo | |
SB-2023-030A | 62.8 | 63.3 | 0.5 | 64.80 | BK-9870 Vein | |
SB-2023-030A | 63.3 | 63.8 | 0.5 | 5.81 | ||
SB-2023-030A | 63.8 | 64.4 | 0.6 | 0.18 | BK-9870 Vein Halo | |
SB-2023-030A | 64.4 | 65.4 | 1 | 0.29 | ||
SB-2023-030A | 65.4 | 66.2 | 0.8 | 0.24 | ||
SB-2023-030A | 66.2 | 67 | 0.8 | 1.98 | ||
SB-2023-030A | 67 | 68 | 1 | 2.97 | ||
SB-2023-030A | 158.1 | 158.6 | 0.5 | 0.46 | Alhambra Vein Halo | |
SB-2023-030A | 158.6 | 159.1 | 0.5 | 1.98 | ||
SB-2023-030A | 159.1 | 159.6 | 0.5 | 3.92 | Alhambra Vein | |
SB-2023-030A | 159.6 | 160.4 | 0.8 | 10.40 | ||
SB-2023-030A | 160.4 | 160.9 | 0.5 | 2.10 | Alhambra Vein Halo | |
SB-2023-030A | 160.9 | 161.4 | 0.5 | 0.88 | ||
SB-2023-030A | 161.4 | 162 | 0.6 | 3.11 | ||
SB-2023-030A | 162 | 162.6 | 0.6 | 8.10 | ||
SB-2023-030A | 162.6 | 163.75 | 1.15 | 2.20 | ||
SB-2023-030A | 163.75 | 164.35 | 0.6 | 2.50 | ||
SB-2023-030A | 164.35 | 164.85 | 0.5 | 3.91 | ||
SB-2023-030A | 164.85 | 165.35 | 0.5 | 3.13 | ||
SB-2023-030A | 165.35 | 165.9 | 0.55 | 1.25 | ||
SB-2023-030A | 165.9 | 167 | 1.1 | 0.10 | ||
Notes: Diamond drill hole SB-2023-026 has a collar orientation of Azimuth 112.91; Dip -60.04. Diamond drill hole SB-2023-030A has a collar orientation of Azimuth 113.02; Dip -69.59. 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. 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 showing location of SB-2023-026 and 2023-030A in relation to the proposed
Figure 2: Cross section showing the SB-202-026 drill hole intersection on the BK-987 Vein with previously released hole SB-2023-031.
Figure 3: Cross section showing SB-2023-030A intersection on the BK-9870 Vein and Alhambra Vein with previously released holes SB-2023-007 and SB-2023-031.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f1caa5b-9b24-4ffb-8a7c-3a0b9fa6226e
https://www.globenewswire.com/NewsRoom/AttachmentNg/b6cf05dd-c8ad-44b9-ab0a-a5b4eaa05c1a
https://www.globenewswire.com/NewsRoom/AttachmentNg/bf487f55-4922-4e68-97ab-ff33034651d5
Figure 1
Plan view showing location of SB-2023-026 and 2023-030A in relation to the proposed Mustang Mine development.
Figure 2
Cross section showing the SB-202-026 drill hole intersection on the BK-987 Vein with previously released hole SB-2023-031.
Figure 3
Cross section showing SB-2023-030A intersection on the BK-9870 Vein and Alhambra Vein with previously released holes SB-2023-007 and SB-2023-031.
2024 GlobeNewswire, Inc., source