Talisker Intersects 27.71g/t Au over 0.9m within 12.46g/t Au over 2.2m at Bralorne Gold Project
Talisker Intersects 27.71g/t Au over 0.9m
within 12.46g/t Au over 2.2m at Bralorne Gold
Project
TORONTO
,
Sept. 9, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce results from drill hole SB-2021-16A at its 100%
owned flagship Bralorne Gold Project. Five diamond drill rigs are currently drilling at Bralorne with a
total of 55,500 metres consisting of 95 holes of a planned and fully funded 100,000 metre drill
program being completed. A total of 77,680 metres (131 holes) have been drilled by Talisker since
the Company initiated drilling at the project in
February 2020
. Twenty-six holes consisting of 11,987
samples are currently at the assay laboratory and are expected to be received by the Company
shortly.
Key Points:
Successful intercept targeting the 53 Vein returning 27.71 g/t gold over
0.9m
within 12.46 g/t
gold over
2.2m
.
A broad mineralized halo surrounded the 53 vein returning 5.64g/t gold over
5.10m
.
Previous intercepts in the 53 Vein are highlighted by hole SB-2020-015 (19.95 g/t over
.65m
),
SB-2021-003A (6.01 g/t over
2.9m
) and SB-2021-023 (8.08 g/t over
1.4m
)
Hole SB-2021-16A increases the number of intercepts for the 53 vein to 11 with a remaining five
yet to be drilled this year to complete the resource drillout for this vein.
SB-2021-016A
Bralorne West Block
Complete preliminary results have been received for this hole.
The 53 Vein was intersected at
585.9m
depth and produced 27.71 g/t Au over
0.9m
within
12.46 g/t gold over
2.2 m
.
The 53 vein was intersected in a hydrothermally altered diorite and depicts the classic Bralorne
crack and seal vein textures seen throughout the deposit. Crack and seal textures within the 53
vein are depicted as parallel bands that host fine grained pyrite and arsenopyrite. Mariposite is
also present within the crack and seal bands. Mariposite is a common hydrothermal mineral
indicative of gold bearing fluids within the Bralorne Mine Block. An intermediate to mafic dyke
truncates the 53 vein at the footwall.
This hole drilled to a final depth of
602.2m
on
March 17, 2021
.
Figure 1: Photo of the 53 Vein intersected at
585.9m
depth.
Figure 1: Photo of the 53 Vein intersected at 585.9m depth. (CNW Group/Talisker Resources Ltd)
Table 1: Bralorne Gold Project - Drill Hole SB-2021-16A
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-016A
583
584
1
0.38
Vein Halo
GO_FAA50V10
SB-2021-016A
584
585.2
1.2
0.32
Vein Halo
GO_FAA50V10
SB-2021-016A
585.2
585.9
0.7
0.82
Vein Halo
GO_FAA50V10
SB-2021-016A
585.9
586.8
0.9
27.71
53 Vein
GO_FAA50V10
SB-2021-016A
586.8
587.4
0.6
0.54
Vein Halo
GO_FAA50V10
SB-2021-016A
587.4
588.1
0.7
3.06
Vein Halo
GO_FAA50V10
Notes: Diamond drill hole SB-2021-016A has collar orientation of Azimuth 180; Dip -57. 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 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 282,403 hectares
over 258 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 mineralisation. 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: Figure showing the location of SB-2021-016A on the 53 Vein.
Figure 2: Figure showing the location of SB-2021-016A on the 53 Vein. (CNW Group/Talisker
Resources Ltd)
Figure 3: Overview map showing Bralorne West, the drill hole included in this press release, major
gold-bearing quartz veins (gray) and associated bounding fault structures.
Figure 3: Overview map showing Bralorne West, the drill hole included in this press release, major
gold-bearing quartz veins (gray) and associated bounding fault structures. (CNW Group/Talisker
Resources Ltd)
SOURCE
Talisker Resources Ltd
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%SEDAR: 00005798E
For further information:
Terry Harbort, Chief Executive Officer of Talisker, at
CO: Talisker Resources Ltd
CNW 07:00e 09-SEP-21