Talisker Intercepts Eight High Grade Gold Veins at Bralorne Gold Project in Drill Hole SB-2021-023
Talisker Intercepts Eight High Grade Gold
Veins at Bralorne Gold Project in Drill Hole
SB-2021-023
TORONTO
,
Nov. 2, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce high grade results from drill hole SB-2021-023
highlighted by 24.52 g/t Au over 1.0 metre within 7.51 g/t Au over 4.60 metres at its 100% owned
flagship Bralorne Gold Project.
Talisker is concurrently drilling a high-grade narrow vein resource within
700m
from surface at
Bralorne and a close to surface (<
350m
) bulk tonnage resource at Pioneer.
Key Points:
Successful intercept of the 55HW returning 24.52 g/t Au over
1.0m
within 7.51 g/t over
4.60m
.
First successful intercept of the 79 Vein returning 26.24g/t Au over
0.80m
within 8.91g/t Au over
2.75m
.
Intersected four new veins in hole SB-2021-023 including:
New Vein 1 - 8.53 g/t over
1.3m
within 4.09 g/t over
5.65m
New Vein 2 - 7.80 g/t over
3.65m
within 6.52 g/t over
4.85m
New Vein 3 - 8.20 g/t over
1.0m
New Vein 4 - 5.31 g/t over
1.50m
Successful intercept targeting the 55 Vein returning 8.37 g/t Au over
0.75m
within 3.10 g/t over
5.05m
.
Successful intercept of the 101 Vein returning 7.34 g/t Au over
0.90m
.
Terry Harbort
, President and CEO commented, "The continued discovery of significant, unexploided
veins within the Bralorne area coupled with consistent high-grade intersections on historic veins
demoninstrates the potential for a solid increase to our resource base at the Bralorne Project. The
grade continuity within the 55HW and 55 vein re-enforce the confidence in our resource drill-out
program with consistent repeated high-grade intercepts."
The 55HW and 55 veins have now been intercepted 28 and 33 times respectively. Highlights of the
55HW include 15.11 g/t over
1.0m
(SB-2020-012), 14.66 g/t over
1.5m
(SB-2021-020 and 34.58 g/t
over
1.5m
(SB-2021-058). Highlights of the 55 Vein include 43.64 g/t Au over
1.20m
(SB-2020-015),
9.54 g/t Au over
1.90m
(SB-2021-017) and 12.75 g/t Au over
0.5m
(SB-2021-058). SB-2021-023
increases the intercepts on the 101 vein to 30 highlighted by 37.90 g/t over
0.50m
(SB-2021-054).
Five diamond drill rigs are currently drilling at Bralorne. A total of 69,351 metres consisting of 126
holes of a planned and fully funded 100,000 metre drill program have been drilled at the project this
year with a total of
92,057m
(162 holes) since Talisker initiated drilling at the project in
February
2020
. Currently 37 holes consisting of 17,250 samples are currently at the assay laboratory and are
expected to be received by the Company shortly.
SB-2021-023 Hole Description:
Complete preliminary results have been received for this hole.
Located in the Bralorne West block on the NW margin of the granitic intrusive.
New Vein 1 (43.85-
49.50m
):
Fault affected breccia veining entrained within hydrothermally
altered Bralorne diorite. Alteration of increased silica, sericite, and iron carbonate proximal to
the C4 fault affected structure. Interval has minor gouge with vein halo arsenopyrite, and pyrite
mineralization with mineralization hosted within the vein proximal to contacts.
New Vein 2 (157-
161.85m
):
Fault affected breccia veining entrained within hydrothermally
altered Bralorne diorite. Alteration of increased silica, sericite, and iron carbonate proximal to
the C1 fault affected structure. Interval has minor gouge with disseminated arsenopyrite, and
pyrite mineralization as well as mineralization hosted within the breccia veining.
101 Vein (362.5-
363.40m
):
101 Vein was intersected at the contact of a fine-grained felsic
dyke and Bralorne diorite. Vein halo consists of minor silica, sericite and iron carbonate
alteration. Mineralization of disseminated arsenopyrite, and blebby pyrite is hosted within the
wall rock with minor vein hosted arsenopyrite.
55HW Vein (437.25-
438.25m
):
Vein intersected exhibiting the classic vein textures at Bralorne.
Veining is exhibiting extensive crack and seal textures as seen with the fine grained septae.
These fine bands are hosting fine grained pyrite and arsenopyrite. Multiple occurrences of
visible gold are seen throughout the interval with gold proximal to the crack and seal bands. Vein
halo alteration consists of silica and sericite with minor mariposite found proximal to the footwall
contact of the vein.
55 Vein (477.5-
478.25m
):
Intersect is seen as a weakly banded massive quartz carbonate vein
that has a pervasive silica, sericite and mariposite alteration halo. Vein is hosting minor
arsenopyrite and pyrite with a vein halo of increased disseminated mineralization consisting of
arsenopyrite and pyrite. Intersect is seen with moderate shearing along the contacts as well as
within the surrounding wall rock.
New Vein 3 (638.50-
639.50m
):
Vein was intersected in the Bralorne diorite and is exhibiting
crack and seal textures with fine banding proximal to the hanging wall contact. Mineralization is
concentrated in the alteration halo hosting minor arsenopyrite, pyrite, pyrrhotite and stibnite.
Alteration is consisting of increased silica, sericite, iron carbonate and mariposite.
79 Vein (959.55-
960.35m
):
Vein was intersected within the Bralorne diorite exhibiting crack and
seal textures with bands of fine-grained sulphides consisting of arsenopyrite, pyrrhotite and
pyrite mineralization. Minor vein halo alteration of silica, sericite and iron carbonate.
New Vein 4 (1135.50-
1137m
):
Untargeted Vein zone that is exhibiting a stockwork of
brecciated quartz veining with pervasive alteration of silica, sericite and mariposite alteration
within the zone. Veining is undulating and is seen with minor gouge and significant arsenopyrite
and pyrite mineralization dominantly localized to the wall rock proximal to veining.
The photos below show SB-2021-023 intersection of the 55HW vein from
434.65m
to
438.85m
displaying crack and seal textures with fine pyrite and arsenopyrite laminae.
Picture 1 (CNW Group/Talisker Resources Ltd)
Picture 2 (CNW Group/Talisker Resources Ltd)
Table 1: Bralorne Gold Project - Drill Hole SB-2021-023
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-023
43.85
44.35
0.5
0.32
New Vein 1
GO_FAA50V10
SB-2021-023
44.35
44.95
0.6
15.79
GO_FAA50V10
SB-2021-023
44.95
45.65
0.7
2.30
GO_FAA50V10
SB-2021-023
45.65
46.15
0.5
0.36
GO_FAA50V10
SB-2021-023
46.15
47.1
0.95
8.71
GO_FAA50V10
SB-2021-023
47.1
48.3
1.2
2.10
GO_FAA50V10
SB-2021-023
48.3
49
0.7
1.19
GO_FAA50V10
SB-2021-023
49
49.5
0.5
0.15
GO_FAA50V10
SB-2021-023
157
157.5
0.5
0.40
New Vein 2
GO_FAA50V10
SB-2021-023
157.5
158
0.5
6.71
GO_FAA50V10
SB-2021-023
158
158.5
0.5
7.25
GO_FAA50V10
SB-2021-023
158.5
159.3
0.8
11.86
GO_FAA50V10
SB-2021-023
159.3
159.8
0.5
7.14
GO_FAA50V10
SB-2021-023
159.8
160.5
0.7
5.62
GO_FAA50V10
SB-2021-023
160.5
161.15
0.65
6.94
GO_FAA50V10
SB-2021-023
161.15
161.85
0.7
4.21
GO_FAA50V10
SB-2021-023
362.5
363.4
0.9
7.34
101
GO_FAA50V10
SB-2021-023
363.4
364.5
1.1
0.05
GO_FAA50V10
SB-2021-023
364.5
365
0.5
1.69
GO_FAA50V10
SB-2021-023
434.25
434.75
0.5
0.45
55HW
GO_FAA50V10
SB-2021-023
434.75
435.75
1
2.79
55HW
GO_FAA50V10
SB-2021-023
435.75
436.25
0.5
4.57
GO_FAA50V10
SB-2021-023
436.25
436.75
0.5
2.41
GO_FAA50V10
SB-2021-023
436.75
437.25
0.5
2.89
GO_FAA50V10
SB-2021-023
437.25
437.75
0.5
18.19
GO_FAA50V10
SB-2021-023
437.75
438.25
0.5
30.84
GO_FAA50V10
SB-2021-023
438.25
438.85
0.6
3.44
GO_FAA50V10
SB-2021-023
477
477.5
0.5
0.20
55 Vein
GO_FAA50V10
SB-2021-023
477.5
478.25
0.75
8.37
GO_FAA50V10
SB-2021-023
478.25
479
0.75
1.64
GO_FAA50V10
SB-2021-023
479
479.5
0.5
4.38
GO_FAA50V10
SB-2021-023
479.5
480
0.5
3.45
GO_FAA50V10
SB-2021-023
480
480.5
0.5
1.15
GO_FAA50V10
SB-2021-023
480.5
481
0.5
1.43
GO_FAA50V10
SB-2021-023
481
481.55
0.55
1.31
GO_FAA50V10
SB-2021-023
481.55
482.05
0.5
4.24
GO_FAA50V10
SB-2021-023
637
637.5
0.5
1.26
New Vein 3
GO_FAA50V10
SB-2021-023
637.5
638
0.5
2.38
GO_FAA50V10
SB-2021-023
638
638.5
0.5
1.04
GO_FAA50V10
SB-2021-023
638.5
639
0.5
4.84
GO_FAA50V10
SB-2021-023
639
639.5
0.5
11.56
GO_FAA50V10
SB-2021-023
639.5
640
0.5
2.60
GO_FAA50V10
SB-2021-023
640
641.5
1.5
0.63
GO_FAA50V10
SB-2021-023
959.55
960.35
0.8
26.24
79 Vein
GO_FAA50V10
SB-2021-023
960.35
961.5
1.15
0.62
GO_FAA50V10
SB-2021-023
961.5
962.3
0.8
3.49
GO_FAA50V10
SB-2021-023
962.3
963.3
1
1.63
GO_FAA50V10
SB-2021-023
963.3
963.95
0.65
4.41
GO_FAA50V10
SB-2021-023
963.95
965.3
1.35
0.71
GO_FAA50V10
SB-2021-023
1128.5
1129.5
1
0.38
GO_FAA50V10
SB-2021-023
1129.5
1130
0.5
2.86
GO_FAA50V10
SB-2021-023
1130
1130.5
0.5
2.26
GO_FAA50V10
SB-2021-023
1130.5
1131
0.5
3.70
New Vein 4
GO_FAA50V10
SB-2021-023
1131
1131.5
0.5
1.99
GO_FAA50V10
SB-2021-023
1131.5
1132
0.5
3.68
GO_FAA50V10
SB-2021-023
1132
1132.5
0.5
1.43
GO_FAA50V10
SB-2021-023
1132.5
1133
0.5
0.10
GO_FAA50V10
SB-2021-023
1133
1133.5
0.5
1.39
GO_FAA50V10
SB-2021-023
1133.5
1134
0.5
1.99
GO_FAA50V10
SB-2021-023
1134
1134.5
0.5
6.99
GO_FAA50V10
SB-2021-023
1134.5
1135
0.5
1.93
GO_FAA50V10
SB-2021-023
1135
1135.5
0.5
2.92
GO_FAA50V10
SB-2021-023
1135.5
1136
0.5
5.09
New Vein 4
GO_FAA50V10
SB-2021-023
1136
1136.5
0.5
3.68
GO_FAA50V10
SB-2021-023
1136.5
1137
0.5
7.17
GO_FAA50V10
SB-2021-023
1137
1137.5
0.5
2.42
GO_FAA50V10
Notes: Diamond drill hole SB-2021-023 has collar orientation of Azimuth 155; Dip -63.5. 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.
Talisker is providing an opportunity for shareholders and other interested parties to participate in a
Webinar to be held at
4:15 pm ET on Thursday
, November 4
th
. To register, please click on the
following link –
https://us02web.zoom.us/webinar/register/WN_BmNwJ57USjKrOuHwF2-2Ig
. After
registering, you will receive a confirmation email containing information about joining the Webinar.
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.
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. 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: SB-2021-023 hole location within the Bralorne West Block. (CNW Group/Talisker
Resources Ltd)
Figure 2: SB-2021-023 cross section with vein intersections hosted within Diorite. (CNW
Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/November2021/02/c3362.html
%SEDAR: 00005798E
For further information:
Terry Harbort, President and CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 02-NOV-21