Talisker Intercepts 1.98 g/t over 62.05 Metres at Pioneer Extending Mineralization to 600 Metres Along Strike
Talisker Intercepts 1.98 g/t over 62.05 Metres
at Pioneer Extending Mineralization to 600
Metres Along Strike
TORONTO
,
Sept. 22, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce results from drill hole SB-2021-069 at its 100%
owned flagship Bralorne Gold Project. Hole SB-2021-069 is the second stepout hole located 600
metres to the northwest of previously released hole (SB-2021-025) and 400 metres from released
holes SB-2021-26, 40, 48 and 55 targeting newly discovered bulk-tonnage mineralization at Pioneer.
Key Points:
Hole SB-2021-069 intersected
1.98 g/t
over
62.05m
from 399.0 to
461.05m
.
Additional intercepts up-hole from the main intercept include 62.60 g/t over
0.5m
within 5.65 g/t
over
8.40m
between 158.0 to
166.4m
on the 222 Vein.
Hole SB-2021-069 is located 400 metres along strike to the northwest from previously released
holes SB-2021-026 (1.17 g/t Au over
106.75m
), SB-2021-040 (1.02 g/t over
114.15m
), SB-
2021-048 (1 g/t over
116.25m
) and SB-2021-055 (0.68 g/t over
51.50m
and 0.87 g/t over
34.55m
) which together confirmed a 1.1km vertical panel of mineralization from surface.
SB-2021-069 is located
600m
along strike to the northwest from previously released hole SB-
2021-025 that intercepted 1.36 g/t over
68.9m
within 0.8 g/t over
220m
.
Stepout hole SB-2021-063 drilled 400 metres to the northwest of hole SB-2021-025 is expected
to be released to market shortly.
Stepout hole SB-2021-072 drilled 800 metres northwest of hole SB-2021-025 is being
processed at the lab with results expected shortly.
"We are very pleased with the increasing grade in the results received from hole 69 now confirming
100 gram-metre intercepts over 600 metres along strike", stated
Terry Harbort
, President and CEO
of Talisker, who added, "We are eagerly awaiting results from hole 72 which we believe will confirm
this consistent near surface mineralization for a total strike length of
800m
."
A total of
58,221m
consisting of 101 holes have been drilled this year out of a planned and fully
funded 100,000 metre diamond drill program. Since acquiring the asset and commencing drilling in
February 2020
, Talisker has drilled
80,401m
consisting of 137 holes. Five drill rigs are currently
active at the Bralorne Gold Project. There are currently 28 holes consisting of 11,579 samples at the
assay laboratory and are expected to be received by the Company shortly.
Table 1: Received and Pending Intercepts with Visible Gold Count and Vein Count
Drill Hole
Intrusive
Intercept
Thickness
(m)
Visible
Gold
Count
Major
Veins
Minor
Veins
Count
Assay Results
Gram-
metres
Section
Line
Closest
to
Collar
SB-2021-25
77
0
5
138
0.8g/t over 220m
176.00
515,700 E
SB-2021-26
108
3
14
172
1.17g/t over 106.75m
124.90
515,600 E
SB-2021-30
130
3
9
97
0.80g/t over 130.9m
104.72
515,600 E
SB-2021-40
440
12
22
626
1.02g/t over 114.15m
116.43
515,600 E
SB-2021-48
790
8
76
1378
1.0g/t over 116.25m
116.25
515,650 E
SB-2021-55
38
0
4
90
0.68g/t over 51.50
35.02
515,600 E
SB-2021-60
101
0
7
208
Results Pending
515,550 E
SB-2021-63
120
4
4
385
Results Pending
515,550 E
SB-2021-66
177
0
9
389
Results Pending
515,450 E
SB-2021-69
427
8
11
873
1.98g/t over 62.05m
124.10
515,300 E
SB-2021-70
200
1
10
624
Results Pending
515,250 E
SB-2021-72
237
3
25
1263
Results Pending
515,200 E
SB-2021-75
340
4
22
644
Results Pending
515,050 E
SB-2021-76
225
3
16
420
Results Pending
515,050 E
SB-2021-78
676
1
48
1178
Results Pending
515,250 E
SB-2021-069 Hole Description:
SB-2021-069 was drilled to a depth of 551.2 metres on an azimuth of 180 at a dip of -50.
Intersected granitic intrusive from surface to
453.5m
followed by dioritic intrusive before
reaching the Cadwallader break at
538.25m
.
Granitic intrusive hosted 11 major veins including four veins between 0.5 and
2.5 m
true width.
Table 2: Bralorne Gold Project - Drill Hole SB 2021-69
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-069
158
158.65
0.65
0.50
222 Vein
Au-AA26
SB-2021-069
158.65
159.15
0.5
6.37
Au-AA26
SB-2021-069
159.15
160.15
1
0.66
Au-AA26
SB-2021-069
160.15
160.65
0.5
4.21
Au-AA26
SB-2021-069
160.65
161.4
0.75
1.31
Au-AA26
SB-2021-069
161.4
161.9
0.5
1.93
Au-AA26
SB-2021-069
161.9
162.4
0.5
71.90
Au-AA26
SB-2021-069
162.4
163
0.6
4.74
Au-AA26
SB-2021-069
163
163.5
0.5
0.13
Au-AA26
SB-2021-069
163.5
164.2
0.7
0.08
Au-AA26
SB-2021-069
164.2
165.1
0.9
0.14
Au-AA26
SB-2021-069
165.1
165.6
0.5
0.27
Au-AA26
SB-2021-069
165.6
166.4
0.8
0.12
Au-AA26
SB-2021-069
399
399.5
0.5
1.38
Bulk Pioneer
Au-AA26
SB-2021-069
399.5
400.9
1.4
0.01
Au-AA26
SB-2021-069
400.9
402.25
1.35
0.02
Au-AA26
SB-2021-069
402.25
403.55
1.3
0.01
Bulk Pioneer
Au-AA26
SB-2021-069
403.55
404.75
1.2
0.01
Au-AA26
SB-2021-069
404.75
405.85
1.1
0.01
Au-AA26
SB-2021-069
405.85
406.4
0.55
0.03
Au-AA26
SB-2021-069
406.4
407.5
1.1
0.01
Au-AA26
SB-2021-069
407.5
408.9
1.4
0.01
Au-AA26
SB-2021-069
408.9
409.45
0.55
2.70
Au-AA26
SB-2021-069
409.45
410.65
1.2
0.07
Au-AA26
SB-2021-069
410.65
412
1.35
2.49
Au-AA26
SB-2021-069
412
413.4
1.4
0.09
Au-AA26
SB-2021-069
413.4
414.6
1.2
0.08
Au-AA26
SB-2021-069
414.6
415.9
1.3
0.02
Au-AA26
SB-2021-069
415.9
417.35
1.45
0.01
Au-AA26
SB-2021-069
417.35
418.5
1.15
0.01
Au-AA26
SB-2021-069
418.5
419.4
0.9
0.01
Au-AA26
SB-2021-069
419.4
419.95
0.55
0.14
Au-AA26
SB-2021-069
419.95
420.45
0.5
127.00
New Vein
Au-AA26
SB-2021-069
420.45
421.4
0.95
0.56
Au-AA26
SB-2021-069
421.4
422
0.6
0.65
Au-AA26
SB-2021-069
422
423.15
1.15
0.20
Au-AA26
SB-2021-069
423.15
423.65
0.5
2.41
Au-AA26
SB-2021-069
423.65
424.6
0.95
0.04
Au-AA26
SB-2021-069
424.6
425.9
1.3
0.01
Bulk Pioneer
Au-AA26
SB-2021-069
425.9
427.3
1.4
0.08
Au-AA26
SB-2021-069
427.3
428.6
1.3
0.07
Au-AA26
SB-2021-069
428.6
430.05
1.45
0.11
Au-AA26
SB-2021-069
430.05
431.45
1.4
0.02
Au-AA26
SB-2021-069
431.45
432.15
0.7
0.01
Au-AA26
SB-2021-069
432.15
433.2
1.05
0.18
Au-AA26
SB-2021-069
433.2
433.7
0.5
51.20
Main Vein
Au-AA26
SB-2021-069
433.7
434.6
0.9
0.27
Au-AA26
SB-2021-069
434.6
435.6
1
1.03
Au-AA26
SB-2021-069
435.6
437
1.4
7.98
Au-AA26
SB-2021-069
437
437.5
0.5
0.44
Bulk Pioneer
Au-AA26
SB-2021-069
437.5
439
1.5
0.02
Au-AA26
SB-2021-069
439
440.45
1.45
0.22
Au-AA26
SB-2021-069
440.45
441.75
1.3
0.13
Au-AA26
SB-2021-069
441.75
443
1.25
0.56
Au-AA26
SB-2021-069
443
444.05
1.05
1.00
Au-AA26
SB-2021-069
444.05
445.4
1.35
0.01
Au-AA26
SB-2021-069
445.4
446.4
1
1.92
Au-AA26
SB-2021-069
446.4
447.55
1.15
2.85
Au-AA26
Bulk Pioneer
SB-2021-069
447.55
448.7
1.15
0.26
Au-AA26
SB-2021-069
448.7
449.7
1
0.06
Au-AA26
SB-2021-069
449.7
450.4
0.7
0.21
Au-AA26
SB-2021-069
450.4
451.9
1.5
0.33
Au-AA26
SB-2021-069
451.9
453.3
1.4
0.00
Void
Au-AA26
SB-2021-069
453.3
453.9
0.6
1.54
Bulk Pioneer
Au-AA26
SB-2021-069
453.9
455.15
1.25
0.01
Au-AA26
SB-2021-069
455.15
456
0.85
0.01
Au-AA26
SB-2021-069
456
457.45
1.45
0.01
Au-AA26
SB-2021-069
457.45
458.65
1.2
0.01
Au-AA26
SB-2021-069
458.65
459.2
0.55
0.01
Au-AA26
SB-2021-069
459.2
460
0.8
0.03
Au-AA26
SB-2021-069
460
461.05
1.05
2.37
Au-AA26
Notes: Diamond drill hole SB-2021-069 has collar orientation of Azimuth 180; Dip -50. 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 the
south-central
British Columbia
. The Company is well funded to advance its aggressive systematic
exploration program at its projects.
Related Links
https://taliskerresources.com/
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 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 1: Pioneer zone with drill trace of SB-2021-069, vein intersections and geology. (CNW
Group/Talisker Resources Ltd)
Figure 2: Plan view map showing drill hole collar and traces within the Pioneer Zone with current
strike extend of mineralization. (CNW Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/September2021/22/c1729.html
%SEDAR: 00005798E
For further information:
Terry Harbort, President & CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 22-SEP-21