TORONTO, March 22, 2022 /PRNewswire/ - Talisker
Resources Ltd. ("Talisker" or the "Company") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce further high-grade
results from multiple drill holes highlighted by 21.50 g/t
Au over 2.00 metres within 7.39 g/t Au over 6.00 metres
(SBP-2021-020) and 16.24 g/t Au over 1.50 metres
(SBP-2021-015) at its 100% owned flagship Bralorne Gold
Project.
Key Points:
- The holes in this release are located within the Bralorne East
and Pioneer Block. Multiple new, unmodelled veins were intersected
around the 51 vein.
- Hole SBP-2021-020 intersected high grade gold highlighted by
21.50 g/t Au over 2.00 metres within 7.39 g/t Au over 6.00
metres (New Vein).
- Hole SBP-2021-015 intersected two veins highlighted by 16.24
g/t Au over 1.50 metres (51 Vein) and 12.30 g/t Au over 1.00 meters
(New Vein).
- Hole SBP-2021-013 intersected 17.35 g/t Au over 1.00 metres
within 9.49 g/t Au over 2.00 metres (New Vein).
- All new veins are currently being modelled to understand the
strike and dip potential.
- Talisker drilling to date at the Bralorne Gold Project has
produced 291 vein intersections with a combined weighted average
diluted grade of 8.34 g/t over an average intersection length of
1.85 metres.
Terry Harbort, President and CEO
of Talisker, commented, "As the last assay results from our 2021
resource definition drill program are received from the laboratory,
we continue to build confidence and confirm the grade continuity
within the known veins. As we approach our maiden resource
statement, the project continues to show strong upside with the
discovery of new veins proving that the full potential of the
Bralorne Gold Project has yet to be unlocked."
Nine diamond drills are now operating at the Bralorne Gold
Project. A total of 122,848 metres (257 holes) has been drilled
since Talisker initiated drilling at the Project in February 2020. Currently, there are 7,347 samples
at the assay laboratory, which are expected to be received by the
Company shortly.
Hole Descriptions:
SBP-2021-013 Hole Description
- Complete results received
- Located in the Pioneer block and intersected granitic
intrusive
- New Vein intersected from 398.00 to 400.00 m
SBP-2021-015 Hole Description
- Complete results received
- Located in the Bralorne East block and intersected granitic
intrusive
- New Vein intersected from 200.00 to 201.00 m
- 51 Vein intersected from 243.50 to 245.00 m
SBP-2021-020 Hole Description
- Complete results received
- Located in the Pioneer block and intersected volcanics and
granitic intrusive
- New Vein intersected from 380.00 to 382.00 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.
All reported drill assay results are available on the Company's
website at the following link:
https://taliskerresources.com/bralorne-gold-project-released-drill-results/.
Table 1: Bralorne
Gold Project - Drill Holes SB-2021-013, 015, 020
|
Diamond Drill
Hole Name
|
From (m)
|
To
(m)
|
Interval
(m)
|
Au
(g/t)
|
Zone
|
Method
Reported
|
SBP-2021-013
|
398
|
399
|
1
|
17.35
|
New Vein
|
Au-AA26
|
SBP-2021-013
|
399
|
400
|
1
|
1.63
|
Au-AA26
|
|
SBP-2021-015
|
200
|
201
|
1
|
12.30
|
New Vein
|
Au-AA26
|
|
SBP-2021-015
|
243.5
|
244
|
0.5
|
47.00
|
51 Vein
|
Au-AA26
|
SBP-2021-015
|
244
|
244.5
|
0.5
|
0.52
|
Au-AA26
|
SBP-2021-015
|
244.5
|
245
|
0.5
|
1.21
|
Au-AA26
|
|
SBP-2021-020
|
380
|
381
|
1
|
30.30
|
New Vein
|
Au-AA26
|
SBP-2021-020
|
381
|
382
|
1
|
12.70
|
Au-AA26
|
SBP-2021-020
|
382
|
383
|
1
|
0.55
|
Vein Halo
|
Au-AA26
|
SBP-2021-020
|
383
|
384
|
1
|
0.47
|
Au-AA26
|
SBP-2021-020
|
384
|
385
|
1
|
0.14
|
Au-AA26
|
SBP-2021-020
|
385
|
386
|
1
|
0.20
|
Au-AA26
|
Notes: RC drill hole
SBP-2021-013 has a collar orientation of Azimuth 178; Dip
-45. RC drill hole SBP-2021-015 has a collar orientation of
Azimuth 177; Dip -45. RC drill hole SBP-2021-020 has a collar
orientation of Azimuth 174; Dip -53. 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.
|
Qualified Person
The technical information contained in this news release
relating to the drill results at the Bralorne Gold Project has been
approved by Leonardo de Souza (BSc,
AusIMM (CP) Membership 224827), Talisker's Vice President,
Exploration and Resource Development, who is a "qualified person"
within the meaning of National Instrument 43-101, Standards of
Disclosure for Mineral Projects.
About Talisker Resources Ltd.
Talisker (taliskerresources.com) is a
junior resource company involved in exploring gold projects in
British Columbia, Canada.
Talisker's projects include two advanced-stage projects, the
Bralorne Gold Complex and the Ladner Gold Project,
both advanced-stage projects with significant exploration
potential from historical high-grade producing gold mines, as
well as its Spences Bridge Project, where the Company holds ~85% of
the emerging Spences Bridge Gold Belt and several other early-stage
Greenfields projects. With its properties comprising
296,983 hectares over 346 claims, three leases and 198
crown grant claims, Talisker is a dominant exploration player in
south-central British Columbia.
The Company is well funded to advance its aggressive, systematic
exploration program at its projects.
Sample Preparation and QAQC
Diamond drilling at the Bralorne Gold Project is drilled in
HQ to NQ size ranges (63.5mm and 47.6mm, respectively). Drill core
samples are a minimum of 50 cm and a maximum of 160 cm long along
the core axis. Samples are focused on an interval of interest, such
as a vein or zone of mineralization. Shoulder samples bracket
the interval of interest such that a total sampled core length of
not less than 3m both above and below
the interval of interest must be assigned. Sample QAQC measures of
unmarked certified reference materials (CRMs), blanks, and
duplicates are inserted into the sample sequence and makeup 9% of
the samples submitted to the lab for holes reported in this
release. ALS Global performs sample preparation and analyses in
North Vancouver, British Columbia,
Canada and SGS Canada in Burnaby, British
Columbia, Canada. Drill core sample preparation includes
drying in an oven at a maximum temperature of 60°C, fine crushing
of the sample to at least 70% passing less than 2 mm, sample
splitting using a riffle splitter, and pulverizing a 250 g split to
at least 85% passing 75 microns (ALS code PREP-31 / SGS code
PRP89). Gold in diamond drill core is analyzed by fire assay and
atomic absorption spectroscopy (AAS) of a 50g sample (ALS code
Au-AA26 / SGS code GO_FAA50V10), while multi-element chemistry is
analyzed by 4- Acid digestion of a 0.25 g sample split with
detection by inductively coupled plasma mass spectrometer (ICP-MS)
for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs,
Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb,
Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn,
Zr). Gold assay technique (ALS code Au-AA26 / SGS code FAA50V10)
has an upper detection limit of 100 ppm. Any sample that produces
an over-limit gold value via the gold assay technique is sent for
gravimetric finish (ALS method Au-GRA22 / SGS method GO_FAG50V)
which has an upper detection limit of 1,000 ppm Au. Samples where
visible gold was observed are sent directly to screen metallics
analysis and all samples that fire assay above 1 ppm Au are
re-analysed with method (ALS code Au-SCR24 / SGS code - 6 - GO_FAS50M) which employs a
1kg pulp screened to 100 microns with assay of the entire oversize
fraction and duplicate 50g assays on the undersize fraction. Where
possible all samples initially sent to screen metallics processing
will also be re-run through the fire assay with gravimetric finish
provided there is enough material left for further processing
Caution Regarding Forward-Looking Information
Certain statements contained in this press release constitute
forward-looking information. These statements relate to future
events or future performance. 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.
Actual future results may differ materially. In particular, this
release contains forward-looking information relating to operations
of the Company and the timing which could be affected by the
current global COVID-19 pandemic. Those assumptions and factors are
based on information currently available to Talisker. Although such
statements are based on reasonable assumptions of Talisker's
management, there can be no assurance that any conclusions or
forecasts will prove to be accurate.
While Talisker considers these statements to be reasonable based
on information currently available, they may prove to be incorrect.
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 market risks
and the demand for securities of the Company, 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 and the
COVID-19 pandemic, access and supply risks, reliance on key
personnel, operational risks, and regulatory risks, including risks
relating to the acquisition of the necessary licenses and permits,
financing, capitalization and liquidity risks.
The forward-looking information contained in this news release
is made as of the date hereof, and Talisker is not obligated to
update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, except as
required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should
not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
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SOURCE Talisker Resources Ltd