Talisker Announces Assay Results for Second Drill Hole at Bralorne Gold Project
Talisker Announces Assay Results for Second
Drill Hole at Bralorne Gold Project
●
Intersects 32.2 g/t Au over
0.97 m
●
TORONTO
,
May 5, 2020
/CNW/ - Talisker Resources Ltd. ("Talisker" or the "Company")
(CSE:TSK) (OTCQB:TSKFF) is pleased to announce results from the second drill hole at the
Bralorne Gold Project located in
British Columbia
. Talisker is undertaking a
11,200m
drill program
targeting high-grade veins at the Project (see press release of
February 12, 2020
). Results from
hole SB-2020-002 follow the announcement of 27.3 g/t Au over
0.60 m
in hole one (SB-2020-001)
on
April 1, 2020
. SB-2020-002 targeted the down dip continuity of the same structures intersected in
hole SB-2020-001; the PHW, P Main, and the J Veins. Additional results from the remaining three
drilled in the first quarter will be released when received.
Highlights include:
17.35 g/t Au over
0.80m
from
247.40m
to
248.20m
intersecting the PHW Vein
32.20 g/t Au over
0.97m
from
414.40m
to
415.37m
intersecting the P Main Vein
Similar to hole one, significant gold mineralization was also identified in the altered halos surrounding
the veins in both footwall and hanging wall locations associated with intense silica-sericite alteration.
Highlights of non-vein mineralization include:
Hanging wall to the PHW Vein
2.31 g/t Au over
1m
from
245.4m
to
246.4m
0.54 g/t Au over
1m
from
246.4m
to
247.4m
Footwall to the PHW Vein
0.67 g/t Au over
1m
from
248.2m
to
249.2m
0.44 g/t Au over
1m
from
249.2m
to
250.2m
Hanging wall to the P Main Vein
2.19 g/t Au over
1.4m
from
413.0m
to
413.4m
Select results from the second drill hole are listed in the following table and a map and cross section
displaying the location of the drill hole and mineralized intercepts is attached to this press release.
"Hole 2 gives us a good indication of down dip structural continuity extending intercepts from hole 1;
87m
for the P Main,
60m
for the J vein and
30m
for the PHW vein," commented
Terry Harbort
,
President and CEO of Talisker, who added, "We are encouraged again by the high-grade gold
results and the persistence of the mineralised halo adjacent to the veins."
Talisker will be providing the opportunity for shareholders and other interested parties to participate
in a Webinar to be held at 4 pm ET on
Thursday, May 7
th
. To join, please click on the following link -
https://us02web.zoom.us/j/83109137095
.
Bralorne Gold Project
Drill Hole ID SB-2020-002
Sample
Number
From
(m)
To
(m)
Interval
(m)
Au g/t
Interpreted
Structure
Method
Reported
B0215948
223.20
224.20
1.00
3.82
PHW Vein Splay
Au-SCR24
B0215949
224.20
224.80
0.60
1.25
PHW Vein Splay
Au-SCR24
B0215950
224.80
225.30
0.50
2.66
PHW Vein Splay
Au-AA24
B0215972
245.40
246.40
1.00
2.31
Vein Halo
Au-AA24
B0215973
246.40
247.40
1.00
0.54
Vein Halo
Au-AA24
B0215974
247.40
248.20
0.80
17.35
PHW Vein
Au-SCR24
B0215975
248.20
249.20
1.00
0.67
Vein Halo
Au-AA24
B0215976
249.20
250.20
1.00
0.44
Vein Halo
Au-AA24
B0216078
413.00
414.40
1.40
2.19
Vein Halo
Au-AA24
B0216079
414.40
415.37
0.97
32.2
P Main Vein
Au-SCR24
B0216121
472.05
472.60
0.55
1.15
J Vein
Au-AA24
Notes: Diamond drill hole SB-2020-002 was collared at an azimuth of 203 degrees, and a downward dip of 67 degrees. True widths are estimated at 70 - 90% of intercept lengths
and are based on oriented core measurements. Method Reported includes the most up to date information as of the date of this press release.
About Talisker Resources Ltd.
Talisker (
taliskerresources.com
)
is a junior resource company involved in the exploration of gold
projects in
British Columbia, Canada
. Talisker's projects include the Bralorne Gold Complex, an
advanced stage project with significant exploration potential from a historical high-grade producing
gold mine 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 277,292 hectares over 312 claims, six leases and 181 crown grant claims, Talisker is a
dominant exploration player in the south-central
British Columbia
. The Company is well funded to
advance its aggressive systematic exploration program at its projects.
Qualified Person
The technical information contained in this news release 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.
Sample Preparation and QAQC
Drill core at the Bralorne project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm
respectively). Drill core samples are minimum 50 cm and maximum 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
3 m
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
make up 8% of the samples submitted to the lab for hole SB-2020-002.
Sample preparation and analyses is carried out by ALS Global, at their laboratory in
North
Vancouver, 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 (code PREP-31).
Gold and in diamond drill core is analysed by fire assay and atomic absorption spectroscopy (AAS)
of a 50g sample (code Au-AA24), while multi-element chemistry is analysed 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 Au-AA24 has an upper detection limit of 10ppm. Any sample that produces an
over-limit gold value via the Au-AA24 technique is sent for gravimetric finish via method Au-GRA22
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 3 ppm Au are re-
analysed with method Au-
SCR24
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 Statements
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, among other things, the 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 assumptions 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 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 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.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved the information
contained herein.
Figure 1 (CNW Group/Talisker Resources Ltd)
Figure 2 (CNW Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
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%SEDAR: 00005798E
For further information:
Terry Harbort, Chief Executive Officer,
[email protected], +1 416 361 2808; Carrie Howes, Director, Investor Relations,
[email protected], +1 416 837 0075
CO: Talisker Resources Ltd
CNW 06:45e 05-MAY-20