Talisker Announces more High Grade Results from Bralorne West Focused Around the 55 Vein
Talisker Announces more High Grade Results
from Bralorne West Focused Around the 55
Vein
TORONTO
,
Feb. 1, 2022
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce high-grade results from multiple drill holes
highlighted by
43.48 g/t Au over 1.30 metres
(SB-2021-096) and
12.72 g/t Au over 1.50 metres
within 8.43 g/t Au over 3.25 metres
(SB-2021-096) on the 55 and 228 veins respectively at its
100% owned flagship Bralorne Gold Project.
Figure 1: SB-2021-096 hole location within the Bralorne West block. (CNW Group/Talisker
Resources Ltd)
Key Points
:
The drill holes disclosed in this release are located within the Bralorne West block and are
focused on the 55 HW and 55 veins.
Resource drilling completed on the 55 and 55HW veins now totals 48 holes.
Hole SB-2021-096 and SB-2021-098 both intersected high-grade gold on the 55 vein highlighted
by
43.48 g/t Au over 1.30 metres
and 8.64 g/t Au over 1.00 metre, respectively.
Hole SB-2021-096 also intercepted the 228 vein close to the surface which graded
12.72 g/t Au
over 1.50 metres
with a broader mineralized envelope of 8.43 g/t Au over 3.25 metres.
SB-2021-098 intersected the 225 vein highlighted by
13.02 g/t Au over 1.00 metre
and a new
vein which graded 5.65 g/t over 1.00 metre.
Terry Harbort, CEO of Talisker commented, "With 48 drill holes now intercepting the 55 and 55HW
veins, Talisker anticipates that these two structures will form a major component of our upcoming
2022 resource. With a large volume of assays recently received from the laboratory, we expect a
steady newsflow of results as we complete the quality control process and release the results to
market."
Seven diamond drills are now operating at the Bralorne Gold Project. A total of 109,207 metres
(212 holes) has been drilled since Talisker initiated drilling at the Project in
February 2020
. Currently
there are 1,434 samples at the assay laboratory which are expected to be received by the
Company shortly.
SB-2021-096 Hole Description
Located in the Bralorne West block and hosted in dioritic intrusive
228 vein intersected from 67.00 to
70.25 m
55 HW splay intersected from 278.00 to
280.45 m
55 HW vein intersected from 287.45 to
288.65 m
with visible gold
55 splay intersected from 307.70 to
309.00 m
with visible gold
55 vein intersected from 323.1 to
328.60 m
with visible gold
SB-2021-098 Hole Description
Located in the Bralorne West block and hosted in dioritic intrusive
New vein intersected from 173.50 to
174.50 m
225 vein intersected from 263.10 to
264.10 m
101 vein intersected from 373.12 to
374.28 m
55 splay intersected from 424.00 to
425.00 m
55 vein intersected from 434.00 to
435.00 m
Complete results have been received for all reported holes. All major vein structures intersected and
reported in this release are considered to be classic Bralorne crack-seal quartz-carbonate veins.
The veins display densely banded sulphide septae, hosting fine-grained arsenopyrite and pyrite
mineralization with strong silica-sericite 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-2021-096 and 098
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-096
66
67
1
0.88
228 Vein
Au-AA26
SB-2021-096
67
67.5
0.5
2.82
Au-AA26
SB-2021-096
67.5
68.5
1
9.73
Au-AA26
SB-2021-096
68.5
69
0.5
18.70
Au-AA26
SB-2021-096
69
70.25
1.25
5.52
Au-AA26
SB-2021-096
70.25
71
0.75
0.34
Au-AA26
SB-2021-096
71
72
1
0.21
Au-AA26
SB-2021-096
278
279
1
8.10
55HW Splay
Au-AA26
SB-2021-096
279
280.45
1.45
0.96
Au-AA26
SB-2021-096
287.45
288.1
0.65
0.59
55HW Vein
Au-AA26
SB-2021-096
288.1
288.65
0.55
11.25
Au-AA26
SB-2021-096
288.65
289.5
0.85
0.47
Au-AA26
SB-2021-096
307.7
308.5
0.8
10.10
55 Vein
Au-AA26
SB-2021-096
308.5
309
0.5
96.90
Au-AA26
SB-2021-096
309
309.5
0.5
0.03
Au-AA26
SB-2021-096
309.5
310.05
0.55
0.07
Au-AA26
SB-2021-096
310.05
311.5
1.45
1.27
Au-AA26
SB-2021-096
323.1
323.6
0.5
13.30
55 Splay Vein
Au-AA26
SB-2021-096
323.6
325
1.4
0.05
Au-AA26
SB-2021-096
325
326
1
0.02
Au-AA26
SB-2021-096
326
327.1
1.1
0.16
Au-AA26
SB-2021-096
327.1
327.6
0.5
0.86
Au-AA26
SB-2021-096
327.6
328.1
0.5
4.37
Au-AA26
SB-2021-096
328.1
328.6
0.5
4.75
Au-AA26
SB-2021-096
328.6
329.4
0.8
0.47
Au-AA26
SB-2021-096
329.4
330.5
1.1
0.25
Au-AA26
SB-2021-098
173.5
174
0.5
9.04
New Vein
Au-AA26
SB-2021-098
174
174.5
0.5
2.26
Au-AA26
SB-2021-098
260.9
261.9
1
0.58
225 Vein
Au-AA26
SB-2021-098
261.9
262.4
0.5
1.51
Au-AA26
SB-2021-098
262.4
263.1
0.7
0.02
Au-AA26
SB-2021-098
263.1
263.6
0.5
23.60
Au-AA26
SB-2021-098
263.6
264.1
0.5
2.44
Au-AA26
SB-2021-098
264.1
264.6
0.5
0.13
Au-AA26
SB-2021-098
264.6
265.6
1
0.20
Au-AA26
SB-2021-098
265.6
266.9
1.3
0.37
Au-AA26
SB-2021-098
373.12
373.74
0.62
4.89
101 Vein
Au-AA26
SB-2021-098
373.74
374.28
0.54
0.84
Au-AA26
SB-2021-098
374.28
374.8
0.52
0.61
Au-AA26
SB-2021-098
424
424.5
0.5
7.59
55 Splay Vein
Au-AA26
SB-2021-098
424.5
425
0.5
0.80
Au-AA26
SB-2021-098
434
434.5
0.5
11.40
55 Vein
Au-AA26
SB-2021-098
434.5
435
0.5
5.87
Au-AA26
SB-2021-098
435
435.5
0.5
0.02
Au-AA26
SB-2021-098
435.5
436
0.5
0.54
Au-AA26
SB-2021-098
436
436.5
0.5
2.72
Au-AA26
Notes:
Diamond drill hole SB-2021-096 has collar orientation of Azimuth 203; Dip -45. Diamond drill hole SB-2021-098 has a collar
orientation of Azimuth 189; Dip -45. 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 the exploration of 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
Drill core at the Bralorne Gold 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 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 make up 9% of the samples submitted to the lab for holes reported in this release.
Sample preparation and analyses is carried out by ALS Global 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 analysed 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 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 (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, among other things, effective time of the rights provided to New Gold
under the Investor Rights Agreement, the completion of New Gold's strategic investment; the
completion of the Offering, the use of proceeds, 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 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.
Figure 2: SB-2021-098 hole location within the Bralorne West block. (CNW Group/Talisker
Resources Ltd)
Figure 3: SB-2021-096 and 098 cross section with vein intersections and grade. (CNW
Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/February2022/01/c6056.html
%SEDAR: 00005798E
For further information:
Terry Harbort, President and CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 01-FEB-22