Talon Metals reports high-grade nickel mineralization at Tamarack Nickel project in Minnesota

Press release

January 19, 2023

Talon Metals reported that is has intercepted new high-grade nickel-copper mineralization near its Tamarack nickel-copper-cobalt project in central Minnesota.

The company said the mineralization was discovered in six of nine holes 3.2 km (2 miles) from the current resource area. In a press release, Talon Metals said it, “believes it has confirmed a brand new “system” of high-grade nickel-copper mineralization within the Tamarack Intrusive Complex.”

“New drilling shows us that the Tamarack Intrusive Complex can be a district-scale nickel-copper resource right here in the United States. We’ve moved nearly 2 miles outside of the company’s current nickel-copper resource area and successfully intercepted high-grade nickel-copper in a different intrusion (new system) as compared to the current resource area,” Brian Goldner, Chief Exploration and Operations Officer of Talon said in a statement. “While still early in the process, these preliminary results provide definitive evidence that the Tamarack Intrusive Complex has district-scale potential, and as a consequence of these exciting initial results, we intend to make further exploration along the Tamarack Intrusive Complex a priority in 2023.

“Last year’s discovery of the shallow high-grade nickel mineralization in the CGO West area started with only a small 1.3-meter intercept of high-grade nickel massive sulphide – that mineralization ultimately grew to nearly 14 meters thick only 25 meters away. I expect this same thickening could occur in the new area called the “Raptor Zone”, especially with the amount of unexplored space we have to work with,” Goldner said.

Todd Malan, Chief External Affairs Officer and Head of Climate Strategy at Talon added: “The prospect that the United States may host more high-grade nickel mineralization within its domestic mineral endowment is very timely. In the last year, over $30 billion in investment has been committed for new nickel battery manufacturing in the US. We have more exploration drilling to undertake with our in-house team to understand if these new areas have a resource that is of the size and quality to represent an economic and mineable resource, but these results show where we need to target our drilling teams. America is currently dependent on foreign sources of battery grade nickel. If we can find more high-grade nickel in the US, we can start to reduce our dependency on China, Russia and Indonesia for nickel and other battery minerals.”

Photo: High-grade nickel massive sulphide intersected in three new hols within the Raptor Zone (assays pending). Credit, Talon Metals


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