Talisker Intersects 42.61 g/t Au over 1.3 Metres Within 15.51 g/t Au over 3.70 Metres at the Bralorne Gold Project
Talisker Intersects 42.61 g/t Au over 1.3 Metres Within 15.51 g/t Au over 3.70
Metres at the Bralorne Gold Project
TORONTO
,
Oct. 27, 2022
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce high-grade
results from the North Vein located within the historic King mining block. The results are the final assays received from the 2022 pre-resource drill program that
were re-assayed following initial laboratory failure of QAQC.
Key Points:
Holes SB-2022-032, 036, 044, 053, 063 and 068A are located within the King Mining Block and focuses on the King, North and C Veins.
Hole SB-2022-053 is highlighted by:
42.61 g/t Au over 1.30 metres within 15.51 g/t Au over 3.70 metres (North Vein)
Hole SB-2022-032 intersected a total of three veins highlighted by:
12.04 g/t Au over 3.60 metres within a broader zone of 2.44 g/t Au over 22.50 metres (New Vein)
13.72 g/t Au over 1.20 metres (243 Vein)
12.14 g/t Au over 1.00 metres (North Vein)
Hole SB-2022-068A is highlighted by:
19.17 g/t Au over 2.35 metres (North Vein)
Hole SB-2022-063 is highlighted by:
11.48 g/t Au over 1.00 metres (
King Vein
)
6.15 g/t Au over 1.50 metres (King Splay)
Talisker drilling to date at the Bralorne Gold Project has produced 401 vein intersections with a combined weighted average diluted grade of 9.45 g/t over an
average intersection length of 1.73 metres.
Terry Harbort
, President and CEO of Talisker, commented, "These final results continue to demonstrate the consistent high-grade nature of the veins at the
Bralorne Gold Project. Despite delays caused by these assay re-runs and the new requirement to conduct stope optimization of inferred resource to meet the
"Reasonable Prospects for Eventual Economic Extraction" guidelines, we expect to release our maiden resource statement in November and to meet our
anticipated range. With the entire resource located from surface to
700m
depth, approximately 70% represents brand new discovered ounces with minimal or no
historic activity, 20% represents resource along strike from historic stopes and 10% is remnant ore bodies. Of the 86 veins now identified at Bralorne, 74 are
open in all directions indicating the clear near-term resource expansion upside."
A total of 140,476 metres (286 holes) has been drilled since Talisker initiated drilling at the Project in
February 2020
.
Talisker is providing an opportunity for shareholders and other interested parties to participate in a Webinar to be held at 1 pm ET on
Tuesday, November 1
st
, To
register, please click on the following link
https://us02web.zoom.us/webinar/register/WN_CsU7_-SMR--TrsHxr0f9Fw
SB-2022-032 Hole Description:
Complete assay results received
Located in the King block and hosted in diorite and sediment
New vein intersected from 12.8 to 13.15 metres with visible gold
243 vein intersected from 273.58 to 274.56 metres with visible gold
North Vein intersected from 341.85 to 342.05 metres with visible gold
SB-2022-036 Hole Description:
Complete assay results received
Located in the King block and hosted in diorite and sediment
C vein intersected from 383.18 to 384.38 metres with pyrite and arsenopyrite
SB-2022-044 Hole Description:
Complete assay results received
Located in the King block and hosted in diorite and sediment
North vein intersected from 334.35 to 336.05 metres with pyrite and arsenopyrite
SB-2022-053 Hole Description:
Complete assay results received
Located in the King block and hosted in and diorite and sediment
North vein intersected from 273.00 – 273.92 metres with pyrite and arsenopyrite
Shaft vein intersected from 371.00 – 371.30 metres with pyrite and arsenopyrite
SB-2022-063 Hole Description:
Complete assay results received
Located in the King block and hosted in diorite and sediment
King vein intersected from 540.1 to 541.7 metres with pyrite and arsenopyrite
Splay of the King vein intersected from 562.7 to 562.92 metres with pyrite and arsenopyrite
SB-2022-068A Hole Description:
Complete assay results received
Located in the King block and hosted in diorite and sediment
North vein intersected from 277.55 to 277.7 metres with pyrite and arsenopyrite
Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host
fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.
All reported drill assay results are available on the Company's website at the following link:
https://taliskerresources.com/bralorne-gold-project-released-drill-results/
.
Table 1: Bralorne Gold Project - Drill Holes SB-2022-032, 036, 044, 053, 063, 068A
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Interpreted
Structure
Method
Reported
SB-2022-032
12.8
13.3
0.5
32.70
New Vein
Au-AA26
SB-2022-032
13.3
14
0.7
0.17
Vein Halo
Au-AA26
SB-2022-032
14
15
1
0.14
Au-AA26
SB-2022-032
15
16.5
1.5
0.14
Au-AA26
SB-2022-032
269
270
1
2.76
Vein Halo
Au-AA26
SB-2022-032
270
271
1
11.85
243 Vein
Au-AA26
SB-2022-032
271
271.5
0.5
24.90
243 Vein
Au-AA26
SB-2022-032
271.5
272
0.5
14.00
Au-AA26
SB-2022-032
272
272.5
0.5
12.00
Au-AA26
SB-2022-032
272.5
273
0.5
4.50
Au-AA26
SB-2022-032
273
273.6
0.6
6.33
Au-AA26
SB-2022-032
273.6
274.55
0.95
0.69
Au-AA26
SB-2022-032
274.55
275.3
0.75
0.34
Vein Halo
Au-AA26
SB-2022-032
340.9
341.7
0.8
0.33
Vein Halo
Au-AA26
SB-2022-032
341.7
342.2
0.5
23.90
North Vein
Au-AA26
SB-2022-032
342.2
342.7
0.5
0.37
Vein Halo
Au-AA26
SB-2022-036
383
383.85
0.85
2.90
Vein Halo
Au-AA26
SB-2022-036
383.85
384.35
0.5
14.65
C Vein
Au-AA26
SB-2022-036
384.35
384.85
0.5
0.43
Vein Halo
Au-AA26
SB-2022-044
334.35
334.85
0.5
6.51
North Vein
Au-AA26
SB-2022-044
334.85
335.5
0.65
3.43
Au-AA26
SB-2022-044
335.5
336.05
0.55
4.42
Au-AA26
SB-2022-053
269.25
270
0.75
0.49
Vein Halo
Au-AA26
SB-2022-053
270
271
1
0.46
Au-AA26
SB-2022-053
271
271.8
0.8
0.25
Au-AA26
SB-2022-053
271.8
272.45
0.65
0.31
Au-AA26
SB-2022-053
272.45
272.95
0.5
0.43
Au-AA26
SB-2022-053
272.95
273.75
0.8
65.90
North Vein
Au-AA26
SB-2022-053
273.75
274.25
0.5
5.35
Vein Halo
Au-AA26
SB-2022-053
274.25
275.25
1
0.22
Au-AA26
SB-2022-053
275.25
276.2
0.95
0.36
Au-AA26
SB-2022-053
370.4
370.9
0.5
1.04
Vein Halo
Au-AA26
SB-2022-053
370.9
371.4
0.5
8.60
Shaft
Au-AA26
SB-2022-063
536.9
537.65
0.75
1.27
Vein Halo
Au-AA26
SB-2022-063
537.65
538.45
0.8
0.98
Au-AA26
SB-2022-063
538.45
539
0.55
0.95
Au-AA26
SB-2022-063
539
539.6
0.6
2.61
Au-AA26
SB-2022-063
539.6
540.2
0.6
1.67
Au-AA26
SB-2022-063
540.2
540.7
0.5
1.25
King Vein
Au-AA26
SB-2022-063
540.7
541.2
0.5
19.50
Au-AA26
SB-2022-063
541.2
541.7
0.5
3.45
Vein Halo
Au-AA26
SB-2022-063
541.7
542.35
0.65
2.35
Au-AA26
SB-2022-063
542.35
542.9
0.55
2.81
Au-AA26
SB-2022-063
542.9
543.6
0.7
1.80
Au-AA26
SB-2022-063
543.6
544.5
0.9
0.20
Au-AA26
SB-2022-063
544.5
545.25
0.75
0.85
Au-AA26
SB-2022-063
545.25
546.3
1.05
0.27
Vein Halo
Au-AA26
SB-2022-063
546.3
547.05
0.75
0.25
Au-AA26
SB-2022-063
547.05
547.65
0.6
0.22
Au-AA26
SB-2022-063
560.6
561.5
0.9
0.52
King Splay
Au-AA26
SB-2022-063
561.5
562.25
0.75
4.50
Au-AA26
SB-2022-063
562.25
563
0.75
7.79
Au-AA26
SB-2022-068A
277.5
278
0.5
88.70
North Vein
Au-AA26
SB-2022-068A
278
278.8
0.8
0.07
Vein Halo
Au-AA26
SB-2022-068A
278.8
279.3
0.5
0.45
Au-AA26
SB-2022-068A
279.3
279.85
0.55
0.77
Au-AA26
Notes: Diamond drill hole SB-2022-032 has a collar orientation of Azimuth 180; Dip -52.5. Diamond drill hole SB-2022-036 has a collar orientation of Azimuth 145; Dip -69. Diamond drill hole SB-2022-044 has a collar orientation of Azimuth 194; Dip -61. Diamond drill hole SB-2022-053 has a
collar orientation of Azimuth 202; Dip -56. Diamond drill hole SB-2022-063 has a collar orientation of Azimuth 151; Dip -63. Diamond drill hole SB-2022-068A has a collar orientation of Azimuth 140; Dip -47. 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 304,931 hectares over 500 claims, three leases and 197 crown grant claims,
Talisker is a dominant exploration player in south-central
British Columbia
.
Sample Preparation and QAQC
Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm, respectively). Drill core samples are a minimum of 50 cm and a
maximum of 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 makeup 9% of the samples
submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in
North Vancouver, British Columbia
. 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). Gold in diamond drill core is analyzed by fire
assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26), while multi-element chemistry is analyzed 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) 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) which has an upper detection limit of 10,000 ppm Au.
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. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking
information. 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.
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, access and supply risks, reliance on key personnel, operational risks regulatory risks, including risks
relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the
failure to receive all requisite shareholder and regulatory approvals.
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.
Figure 1: SB-2022-036, 044, 053 and 068A hole locations within the King block. (CNW Group/Talisker Resources Ltd)
Figure 2: SB-2022-032, 044 and 053 cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)
Figure 3: SB-2022-063, 068A cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)
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SOURCE
Talisker Resources Ltd
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%SEDAR: 00005798E
For further information:
Terry Harbort, President and CEO, [email protected], +1 416 361 2808; Matt Filgate, Vice President, Corporate
Development, [email protected], +1 778 679 3579
CO: Talisker Resources Ltd
CNW 07:00e 27-OCT-22