Talon Metals Comments on Tesla "Battery Day" and Its Critical Role in Meeting the Growing Demand for Green Nickel(TM) Tamarack Project On Track to Become the United States' Next Source of Domestic Green Nickel,(TM) a Critical Component of
Talon Metals Comments on Tesla "Battery
Day" and Its Critical Role in Meeting the
Growing Demand for Green Nickel(TM)
Tamarack Project On Track to Become the United States' Next
Source of Domestic Green Nickel,(TM) a Critical Component of
EV Batteries
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - September 21, 2020) - Talon Metals Corp.
(TSX: TLO) ("
Talon
" or the "
Company
") today provided comment and confirmed media availability in
advance of Tesla, Inc.'s anticipated "Battery Day" announcement following its 2020 annual meeting of
shareholders on Tuesday, September 22, 2020. Talon's Tamarack Nickel-Copper-Cobalt Project
("
Tamarack Project
"), located in Minnesota, USA (in partnership with Rio Tinto), is positioned to
become the only U.S. source of Green Nickel
TM
in North America and a key supplier to battery and
electric vehicle manufacturers.
Sean Werger, President of Talon, said, "The Tamarack Project is extremely well positioned for the
advancement of battery technology, particularly for those advancing EV technology seeking sustainable
sources of nickel. The production of Green Nickel
TM
for batteries all starts and ends with the rocks it is
mined from: They need to be high in nickel and low in deleterious elements.
The Tamarack Project is
one of the only undeveloped deposits that meets these criteria, and we expect it will play a critical role in
the supply chain for battery and vehicle manufacturers looking for the lowest cost product produced in the
most responsible way."
New Green Nickel
TM
projects need to be advanced today to meet the nickel deficit expected to
commence in 2026, as nickel projects cannot just go into production overnight. Based upon current
projections, the Tamarack Project is expected to begin producing battery grade nickel at a crucial time
for the battery and electric vehicle industry.
More information on the project is available at
www.talonmetals.com
.
Mr. Werger is available to provide comment on the role of the nickel production industry in battery and
electric vehicle advancement prior to or following Tesla's Battery Day announcement.
About Talon
Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack
Nickel-Copper-Cobalt Project located in Minnesota, USA, comprised of the Tamarack North Project and
the Tamarack South Project. Talon has an earn-in to acquire up to 60% of the Tamarack Project. The
Tamarack Project comprises a large land position (18km of strike length) with numerous high-grade
intercepts outside the current resource area. Talon is focused on expanding its current high-grade nickel
mineralization resource prepared in accordance with NI 43-101; identifying additional high-grade nickel
mineralization; and developing a process to potentially produce nickel sulphates responsibly for
batteries for the electric vehicles industry. Talon has a well-qualified exploration and mine management
team with extensive experience in project management.
For additional information on Talon, please visit the Company's website at
www.talonmetals.com
or
contact:
Daisy Xiong
Edelman
Tel: (604) 209-0891
Email:
Sean Werger
President
Talon Metals Corp.
Tel: (416) 361-9636 x102
Email:
Forward-Looking Statements
This news release contains certain "forward-looking statements". All statements, other than statements
of historical fact that address activities, events, or developments that the Company believes, expects or
anticipates will or may occur in the future are forward-looking statements. These forward-looking
statements reflect the current expectations or beliefs of the Company based on information currently
available to the Company. Such forward-looking statements include statements relating to the Company
becoming the United States' only source of domestic Green Nickel,
TM
the expectation the Tamarack
Project will play a critical role in the supply chain for battery and vehicle manufacturers looking for the
lowest cost product produced in the most responsible way and the expectation the Tamarack Project will
begin producing battery grade nickel at a crucial time for the battery and electric vehicle industry.
Forward-looking statements are subject to significant risks and uncertainties and other factors that could
cause the actual results to differ materially from those discussed in the forward-looking statements, and
even if such actual results are realized or substantially realized, there can be no assurance that they will
have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be
required by applicable securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events or results or otherwise.
Although the Company believes that the assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future performance and accordingly undue
reliance should not be put on such statements due to the inherent uncertainty therein.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/64242