Talisker Intercepts High Grade Gold at BRX Brownfields Drill Program North of Bralorne and Increases to Seven Drill Rigs
Talisker Intercepts High Grade Gold at BRX
Brownfields Drill Program North of Bralorne
and Increases to Seven Drill Rigs
TORONTO
,
Nov. 9, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce high grade results from the brownfields BRX Project
in drill hole SB-2021-068 highlighted by 407 g/t Au over 0.5 metre within 90.71 g/t Au over 2.25
metres at its 100% owned flagship Bralorne Gold Project.
Talisker is also pleased to announce that it has increased the number of drills from five to seven
including one RC drill focused on infill drilling at the Pioneer zone.
Key Points:
Hole SB-2021-068 intersected high grade mineralization on the brownfields BRX Project 5.5
kilometres northwest of the historic Bralorne Mine.
Successful intersection of a new vein at the BRX Project highlighted by 407 g/t Au over
0.5m
within 90.71 g/t Au over
2.25m
.
A broader zone of lower grade mineralization around the Why Not vein intercepted between
184.75 and 236.60 metres grading 0.44 g/t Au over
51.85m
.
The BRX Project is Talisker's first brownfields drill program along the 33 kilometre Bralorne trend.
Historically, 10 veins have been defined on the BRX property. The most extensively developed vein,
the California Vein, was mined to a depth of 600 metres and is described as a 2 metre wide quartz
carbonate vein very similar in nature to the classical Bralorne crack and seal orogenic veins. Historic
drilling at the BRX Project is highlighted by 5.65 g/t Au over
5.39m
. Limited modern exploration has
been conducted on the BRX Project.
Terry Harbort
, Talisker's President and CEO, stated, "We are very pleased with our first high-grade
brownfields results for the Bralorne trend. These encouraging results confirm the district nature of
Bralorne and the significant upside potential outside of our current resource drillout area."
The Bralorne Gold Project has a total of 47 gold showings over 33 kilometres. Talisker plans to
expand its brownfield exploration in 2022 to focus on the Congress Project and Royalle Project.
The Congress Project sits 16 kilometres north of the historic Bralorne Mine and consists of three
defined veins, mined to a depth of 200 metres. Several highly prospective exploration targets are
present on the ground including the Lou zone with historic drilling intersecting zones ranging from 1.4
to 4 metres with grades between 5 and 11 g/t Au. Eight separate vein zones have been identified
away from the Congress and Lou zones. A non-complaint resource consists of 46,151 ounces in the
indicated and 148,091 ounces in the inferred categories. The Company notes that a qualified person
has not verified the data disclosed in respect of the property, including sampling, analytical and test
data underlying this information.
The Royalle Project sits directly south of the historic Bralorne-Pioneer Mine along strike of the
Cadwaller Break and hosts eight exploration targets including mesothermal gold and silver veins and
skarn style mineralization. The main target is the Piebiter zone with historic adit sampling returning
gold grades of 4.3 g/t over 21 metres and selective grab samples of up to 227 g/t Au. The Chopper
silver vein has been delineated for 2,400 metres and with selective grab samples up to 1,585 g/t Ag.
The Company notes that these selected samples are not necessarily representative of the
mineralization hosted on the property and limited drilling has been completed on the property. A
qualified person has not verified the data disclosed in respect of the Property, including sampling,
analytical and test data underlying this information.
Seven diamond drill rigs are currently drilling at the Bralorne Gold Project. A total of 73,321 metres
consisting of 135 holes of a planned and fully funded 100,000 metres drill program has been drilled
at the project this year with a total of 96,027 metres (171 holes) since Talisker initiated drilling at the
project in
February 2020
. 32 holes consisting of 14,611 samples are currently at the assay
laboratory and are expected to be received by the Company shortly.
SB-2021-068 Hole Description:
Complete results have been received for this hole.
Hole targeted the down dip extension of veins developed in the Why Not mine and the large
untested prospective block proximal to the Cadwaller Break.
Intersected mafic volcanics cross-cut by a suite of intermediate to mafic dikes similar to those
observed at the Bralorne Gold Project from surface down to
560.0m
.
Why Not Vein intersected as a broad mineralized zone of quartz-carbonate veining with strong
silica-sericite alteration from 184.75 to
236.6m
.
New Vein intersected with coarse visible gold hosted in a quartz-carbonate vein with banded
sulphide septae, 2% arsenopyrite and pyrite mineralization and strong silica-sericite-mariposite
alteration halos from 382.70 to
384.95m
.
This gold-bearing New Vein discovery in the BRX Block is considered analogous to the classic
Bralorne crack-seal quartz-carbonate veins.
Table 1: Bralorne Gold Project - Drill Hole SB-2021-068
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-068
184.75
185.25
0.5
0.42
BRX Bulk
Zone
Au-AA26
SB-2021-068
185.25
186
0.75
0.26
Au-AA26
SB-2021-068
186
187
1
0.10
Au-AA26
SB-2021-068
187
188
1
0.10
Au-AA26
SB-2021-068
188
189
1
0.11
Au-AA26
SB-2021-068
189
189.6
0.6
0.15
Au-AA26
SB-2021-068
189.6
191
1.4
0.08
Au-AA26
SB-2021-068
191
192.5
1.5
0.28
Au-AA26
SB-2021-068
192.5
194
1.5
0.44
Au-AA26
SB-2021-068
194
195.5
1.5
0.28
Au-AA26
SB-2021-068
195.5
197
1.5
0.39
Au-AA26
SB-2021-068
197
198.5
1.5
0.27
Au-AA26
SB-2021-068
198.5
200
1.5
0.34
Au-AA26
SB-2021-068
200
200.8
0.8
0.43
Au-AA26
SB-2021-068
200.8
201.3
0.5
0.46
Au-AA26
SB-2021-068
201.3
202.5
1.2
0.24
Au-AA26
SB-2021-068
202.5
204
1.5
0.23
Au-AA26
SB-2021-068
204
204.7
0.7
0.15
Au-AA26
SB-2021-068
204.7
205.5
0.8
0.10
Au-AA26
SB-2021-068
205.5
206
0.5
0.15
Au-AA26
SB-2021-068
206
206.75
0.75
1.26
Au-AA26
SB-2021-068
206.75
207.25
0.5
0.21
Au-AA26
SB-2021-068
207.25
207.8
0.55
0.06
Au-AA26
SB-2021-068
207.8
208.3
0.5
0.02
Au-AA26
SB-2021-068
208.3
208.8
0.5
0.05
Au-AA26
SB-2021-068
208.8
209.3
0.5
0.04
Au-AA26
SB-2021-068
209.3
209.8
0.5
0.10
Au-AA26
SB-2021-068
209.8
210.3
0.5
2.91
Au-AA26
SB-2021-068
210.3
211
0.7
0.79
Au-AA26
SB-2021-068
211
211.5
0.5
0.18
Au-AA26
SB-2021-068
211.5
213
1.5
0.02
Au-AA26
SB-2021-068
213
214
1
0.01
Au-AA26
SB-2021-068
214
215
1
0.19
Au-AA26
SB-2021-068
215
216
1
0.32
Au-AA26
SB-2021-068
216
217
1
0.15
Au-AA26
SB-2021-068
217
218
1
0.02
Au-AA26
SB-2021-068
218
218.5
0.5
2.33
Au-AA26
SB-2021-068
218.5
219
0.5
0.01
Au-AA26
SB-2021-068
219
220
1
0.01
Au-AA26
SB-2021-068
220
221
1
0.05
Au-AA26
BRX Bulk
Zone
SB-2021-068
221
222
1
0.95
Au-AA26
SB-2021-068
222
222.8
0.8
2.27
Au-AA26
SB-2021-068
222.8
223.7
0.9
2.16
Au-AA26
SB-2021-068
223.7
224.6
0.9
1.80
Au-AA26
SB-2021-068
224.6
226
1.4
0.02
Au-AA26
SB-2021-068
226
226.55
0.55
0.02
Au-AA26
SB-2021-068
226.55
227.05
0.5
0.42
Au-AA26
SB-2021-068
227.05
227.75
0.7
0.19
Au-AA26
SB-2021-068
227.75
228.25
0.5
0.64
Au-AA26
SB-2021-068
228.25
229.25
1
0.28
Au-AA26
SB-2021-068
229.25
230.1
0.85
0.42
Au-AA26
SB-2021-068
230.1
231.1
1
1.91
Au-AA26
SB-2021-068
231.1
232.15
1.05
0.02
Au-AA26
SB-2021-068
232.15
233
0.85
0.57
Au-AA26
SB-2021-068
233
233.55
0.55
0.50
Au-AA26
SB-2021-068
233.55
234.05
0.5
1.05
Au-AA26
SB-2021-068
234.05
234.9
0.85
0.35
Au-AA26
SB-2021-068
234.9
235.4
0.5
0.31
Au-AA26
SB-2021-068
235.4
236.1
0.7
0.75
Au-AA26
SB-2021-068
236.1
236.6
0.5
0.40
Au-AA26
SB-2021-068
382.7
383.2
0.5
407.0
New Vein
Au-GRA22
SB-2021-068
383.2
383.7
0.5
0.07
Au-AA26
SB-2021-068
383.7
384.2
0.5
0.02
Au-AA26
SB-2021-068
384.2
384.95
0.75
0.30
Au-AA26
Notes: Diamond drill hole SB-2021-023 has collar orientation of Azimuth 234; 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 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: Location of the BRX Project within the Bralorne Gold Project. (CNW Group/Talisker
Resources Ltd)
Figure 2: SB-2021-068 drill hole location with the BRX Project. (CNW Group/Talisker Resources
Ltd)
SOURCE
Talisker Resources Ltd
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%SEDAR: 00005798E
For further information:
Terry Harbort, President and CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 09-NOV-21