Talisker Intersects 31.1 g/t Au over 0.65m within 7.20 g/t over 3.45m at Bralorne Gold Project
Talisker Intersects 31.1 g/t Au over 0.65m
within 7.20 g/t over 3.45m at Bralorne Gold
Project
TORONTO
,
July 16, 2020
/CNW/ - Talisker Resources Ltd. ("Talisker" or the "Company") (CSE:
TSK) (OTCQB: TSKFF) is pleased to announce results from hole SB-2020-005, the remainder of
SB-2020-005A (737.4-
1013.1 m
), as well as SB-2020-006 and SB-2020-007 from the Company's
17,000 m
drill program at the Bralorne Gold Project located in
British Columbia
.
Map 1 (CNW Group/Talisker Resources Ltd)
Highlights include:
SB-2020-006 – Bralorne Area
5.96 g/t Au over
1.00 m
from
527.73 m
to
528.73 m
Including 11.2 g/t over
0.5 m
from
527.73 m
to
528.23 m
SB-2020-007 – Bralorne Area
7.20 g/t Au over
3.45 m
from
54.55 m
to
58.00 m
Including 3.18 g/t over
0.95m
from
56.40 m
to
57.35 m
And 31.10 g/t over
0.65 m
from
57.35 m
to
58.00 m
Hole SB-2020-005 deviated off course and was abandoned at
97.3 m
with no significant results
produced in this interval. Hole SB-2020-005A, suspended at
737.4m
due to the COVID-19 crisis was
completed as planned to a total depth of
1,013.1m
, but did not show significant high-grade
intersects in this interval although several mineralized structures were intersected as reported in the
table of drill results.
Hole SB-2020-006 targeted the 59 Vein, intersecting the structure at
527.73m
returning 11.2 g/t gold
over
0.5m
within a
3m
zone showing up to 2.16 g/t gold in the vein halo. This intercept of the 59 Vein
from hole 6 is
100m
along strike, and
80m
up-dip of the previously reported intercept from hole SB-
2020-005A which yielded 5.81 g/t Au over
0.97m
.
SB-2020-007 was targeting the near-surface continuation of high-grade shallow gold results near the
top of hole SB-2020-005A. At
56.4m
downhole, a vein structure was intersected which produced
two consecutive samples of quartz vein yielding 3.18 g/t and 31.1 g/t gold. This intercept is listed in
the table and cross section below as "New Vein Intercept" and resulted in a composite sample of
7.2 g/t Au over
3.45 m
. The hanging wall of this vein also hosted halo mineralization up to 3 meters
away from the main structure and hosted gold values ranging from 0.11 to 1.88 g/t. This intersection
is approximately
180m
up-plunge of the previously reported intersection of 19.97 g/t Au over
5.1 m
from
102.7m
depth in SB-2020-005A.
Terry Harbort
, President and CEO of Talisker commented, "These holes, the first stepping out along
strike and down dip strengthen our view of the structural and grade continuity of the Bralorne
deposit, showing up to
180m
of vertical and
100m
of horizontal high-grade continuity. We are
particularly encouraged by the confirmation of the extension of high-grade close to surface
mineralisation previously intersected in hole 5A also intersected in hole 7. These confirmatory
results further support our model and our decision to increase the size of our drill plan."
Bralorne Gold Project
Drill Holes SB-2020-005A, 006, and 007
Diamond Drill
Hole Name
Sample
Number
From
(m)
To
(m)
Interval
(m)
Au
g/t
Interpreted Structure
Method
Reported
SB-2020-005A
B0217434
915.69
916.21
0.52
0.23
51 Shear
Au-AA24
SB-2020-005A
B0217435
916.21
917.38
1.17
0.07
51 Shear
Au-AA24
SB-2020-005A
B0217436
917.38
917.88
0.50
0.29
51 Shear
Au-AA24
SB-2020-005A
B0217437
917.88
918.38
0.50
2.60
51 Shear
Au-AA24
SB-2020-005A
B0217438
918.38
919.00
0.62
0.61
51 Shear
Au-AA24
SB-2020-005A
B0217439
919.00
919.50
0.50
0.05
51 Shear
Au-AA24
SB-2020-005A
B0217441
919.50
920.00
0.50
0.02
51 Shear
Au-AA24
SB-2020-005A
B0217442
920.00
921.00
1.00
1.55
51 Shear
Au-AA24
SB-2020-005A
B0217443
921.00
921.69
0.69
0.77
51 Shear
Au-AA24
SB-2020-005A
B0217444
921.69
922.32
0.63
0.18
51 Shear
Au-AA24
SB-2020-005A
B0217445
922.32
922.87
0.55
0.99
51 Shear
Au-AA24
SB-2020-005A
B0217446
922.87
923.47
0.60
0.51
51 Shear
Au-AA24
SB-2020-006
B0217637
257.15
258.00
0.85
0.16
Empire Fault
Au-AA24
SB-2020-006
B0217638
258.00
258.55
0.55
0.31
Empire Fault
Au-AA24
SB-2020-006
B0217639
258.55
259.05
0.50
0.19
Empire Fault
Au-AA24
SB-2020-006
B0217641
259.05
259.65
0.60
0.34
Empire Fault
Au-AA24
SB-2020-006
B0217642
259.65
260.65
1.00
0.13
Empire Fault
Au-AA24
SB-2020-006
B0217643
260.65
261.15
0.50
0.16
Empire Fault
Au-AA24
SB-2020-006
B0217644
261.15
261.65
0.50
0.61
Empire Fault
Au-AA24
SB-2020-006
B0217664
284.40
285.90
1.50
0.13
Vein Halo
Au-AA24
SB-2020-006
B0217665
285.90
286.90
1.00
0.32
Vein Halo
Au-AA24
SB-2020-006
B0217666
286.90
287.50
0.60
3.93
Unknown Vein
Au-AA24
SB-2020-006
B0217667
287.50
288.00
0.50
0.64
Vein Halo
Au-AA24
SB-2020-006
B0217668
288.00
289.00
1.00
0.25
Vein Halo
Au-AA24
SB-2020-006
B0217669
289.00
289.50
0.50
0.41
Vein Halo
Au-AA24
SB-2020-006
B0217671
289.50
290.50
1.00
0.36
Vein Halo
Au-AA24
SB-2020-006
B0217672
290.50
292.00
1.50
0.13
Vein Halo
Au-AA24
SB-2020-006
B0217732
525.73
526.23
0.50
0.31
Vein Halo
Au-AA24
SB-2020-006
B0217733
526.23
526.73
0.50
1.67
Vein Halo
Au-AA24
SB-2020-006
B0217734
526.73
527.23
0.50
2.16
Vein Halo
Au-AA24
SB-2020-006
B0217735
527.23
527.73
0.50
0.29
Vein Halo
Au-AA24
SB-2020-006
B0217736
527.73
528.23
0.50
11.20
59 Vein
Au-GRA22
SB-2020-006
B0217737
528.23
528.73
0.50
0.72
Vein Halo
Au-AA24
SB-2020-007
B0217782
53.05
54.05
1.00
0.31
Vein Halo
Au-AA24
SB-2020-007
B0217783
54.05
54.55
0.50
0.38
Vein Halo
Au-AA24
SB-2020-007
B0217784
54.55
55.15
0.60
1.88
Vein Halo
Au-AA24
SB-2020-007
B0217785
55.15
55.80
0.65
0.11
Vein Halo
Au-AA24
SB-2020-007
B0217786
55.80
56.40
0.60
0.68
Vein Halo
Au-AA24
SB-2020-007
B0217787
56.40
57.35
0.95
3.18
New Vein Intercept
Au-AA24
SB-2020-007
B0217788
57.35
58.00
0.65
31.10
New Vein Intercept
Au-GRA22
Notes: Diamond drill hole SB-2020-005 deviated off the planned trajectory and was shut down before encountering any targets. SB-2020-005 was shut down before target and
has collar orientation of Azimuth 159; Dip -53. SB-2020-005A was the recollar of SB-2020-005 and has collar orientation of Azimuth 154; Dip -55.7. SB-2020-006 has collar
orientation of Azimuth 174; Dip -46. Diamond drill hole SB-2020-006 has collar orientation of Azimuth 174; Dip -46. SB-2020-007 has collar orientation of Azimuth 120; Dip -60. True
widths are estimated at 60 - 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 pm ET on Monday
, July 20th. To register, please click on the following link -
https://us02web.zoom.us/webinar/register/WN_1jK1uK8XSpCzBt2zJQ28sw
.
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 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 291,339 hectares over 322 claims, six leases and 181 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.
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.
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
3 m
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, at their laboratory in
North
Vancouver, 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 (code PREP-31).
Gold and in diamond drill core is analysed by fire assay and atomic absorption spectroscopy (AAS)
of a 50g sample (code Au-AA24), 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 Au-AA24 has an upper detection limit of 10ppm. Any sample that produces an
over-limit gold value via the Au-AA24 technique is sent for gravimetric finish via method Au-GRA22
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 3 ppm Au are re-
analysed with method Au-
SCR24
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 Statements
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, 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 assumptions 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 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 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.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved the information
contained herein.
Map 2 (CNW Group/Talisker Resources Ltd)
Drill Results (CNW Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/July2020/16/c4040.html
%SEDAR: 00005798E
For further information:
Terry Harbort, President & CEO, [email protected],
+1 416 361 2808; Jason Kosec, Director Corporate Development,
[email protected], +1 250 552 7424
CO: Talisker Resources Ltd
CNW 07:00e 16-JUL-20