Talisker Intersects 96.9 g/t Au over 0.5 Metres within 34.58 g/t Au over 1.5 Metres at Bralorne
Talisker Intersects 96.9 g/t Au over 0.5 Metres
within 34.58 g/t Au over 1.5 Metres at Bralorne
TORONTO
,
Oct. 13, 2021
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX:
TSK) (OTCQX: TSKFF) is pleased to announce high grade results from drill hole SB-2021-058 at its
100% owned flagship Bralorne Gold Project. Five diamond drill rigs are currently drilling at Bralorne.
A total of 65,254 metres consisting of 116 holes of the planned and fully funded 100,000 metre drill
program has been drilled at the project this year with a total of 87,425 metres (152 holes) having
been drilled since Talisker initiated drilling at the project in February 2020. There are currently 22
holes consisting of 6,951 samples at the assay laboratory that are expected to be received by the
Company shortly.
Talisker is concurrently drilling a high-grade narrow vein resource within 700 metres from surface at
the Bralorne Gold Project and a close to surface (<
350m
) bulk tonnage resource at Pioneer.
Key Points:
Successful intercept targeting the 55HW Vein, 55 Vein and 55FW vein returning 96.9 g/t gold
over
0.5m
within 34.58 g/t gold over
1.5m
(55HW), 8.0 g/t over
1.0m
(55 Vein) and 8.53 g/t
over
1.0m
(55FW).
Previous intercepts in the 55HW Vein are highlighted by hole SB-2020-012 (15.11 g/t over
1.0m
), SB-2021-020 (14.66 g/t over
1.5m
) and SB-2021-043 (19.76 g/t over
1.0m
).
Previous intercepts in the 55 Vein are highlighted by Hole SB-2020-015 (43.64 g/t over
1.20m
)
and SB-2021-011 (13.05 g/t over
1.05m
).
This hole increases the number of intercepts for the 55HW vein to 31 with three holes remaining
to be drilled. On the 55 Vein, 30 intercepts and three holes remain to be drilled. The remaining
holes on the 55HW and 55 veins will be completed by the end of the 2021 initial resource drill
out program.
Hole SB-2021-023, SB-2021-046 also intersected the 55HW vein and results are expected
shortly.
SB-2021-058 Hole Description:
Complete preliminary results have been received for this hole.
Located in the Bralorne West block on the northwest margin of the granitic intrusive.
Intersected multiple plugs of granitic intrusive hosted within diorite to
460m
followed by diorite to
completion at
746.2m
.
55HW Vein intersected from
603.7m
to
605.2m
55 Vein intersected from
676.1m
to
676.95m
with visible gold.
55FW Vein intersected as a void (historical drift) from
724.55m
to
725.85m
. Mineralized portion
of the 55FW vein intersected adjacent to the void from
725.85m
to
726.85m
.
Both veins considered classic Bralorne crack-seal quartz-carbonate veins with densely banded
sulphide septae, brecciated sections and hosting strong fine-grained arsenopyrite and pyrite
mineralization with strong silica-sericite-mariposite alteration.
Table 1: Bralorne Gold Project - Drill Hole SB-2021-058
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2021-058
15.5
16
0.5
1.10
Unknown Bulk
Zone
Au-AA26
SB-2021-058
16
17.5
1.5
0.46
Au-AA26
SB-2021-058
17.5
18
0.5
0.34
Au-AA26
SB-2021-058
18
18.85
0.85
1.33
Au-AA26
SB-2021-058
18.85
19.35
0.5
0.55
Unknown Bulk
Zone
Au-AA26
SB-2021-058
19.35
19.85
0.5
0.46
Au-AA26
SB-2021-058
19.85
21
1.15
2.68
Au-AA26
SB-2021-058
21
21.5
0.5
1.79
Au-AA26
SB-2021-058
21.5
22
0.5
1.04
Au-AA26
SB-2021-058
22
23
1
2.35
Au-AA26
SB-2021-058
23
24
1
6.84
Au-AA26
SB-2021-058
24
25
1
5.46
Au-AA26
SB-2021-058
25
25.5
0.5
2.34
Au-AA26
SB-2021-058
25.5
26.3
0.8
3.07
Au-AA26
SB-2021-058
26.3
26.8
0.5
0.64
Au-AA26
SB-2021-058
26.8
27.3
0.5
0.08
Au-AA26
SB-2021-058
27.3
27.8
0.5
0.70
Au-AA26
SB-2021-058
27.8
28.5
0.7
1.62
Au-AA26
SB-2021-058
28.5
29
0.5
0.40
Au-AA26
SB-2021-058
29
30
1
1.54
Au-AA26
SB-2021-058
30
30.75
0.75
2.01
Au-AA26
SB-2021-058
30.75
31.25
0.5
30.00
Au-AA26
SB-2021-058
31.25
32
0.75
0.75
Au-AA26
SB-2021-058
32
33
1
0.31
Au-AA26
SB-2021-058
33
34
1
0.11
Au-AA26
SB-2021-058
34
35
1
0.12
Au-AA26
SB-2021-058
35
35.85
0.85
1.82
Au-AA26
SB-2021-058
35.85
37
1.15
0.78
Au-AA26
SB-2021-058
37
38
1
0.06
Au-AA26
SB-2021-058
38
39
1
0.10
Au-AA26
SB-2021-058
39
40.5
1.5
0.35
Au-AA26
SB-2021-058
40.5
41.2
0.7
0.37
Au-AA26
SB-2021-058
359.2
360.45
1.25
0.14
Unknown Vein
Au-AA26
SB-2021-058
360.45
360.95
0.5
3.14
Au-AA26
SB-2021-058
360.95
361.6
0.65
1.66
Au-AA26
SB-2021-058
361.6
362.1
0.5
11.00
Au-AA26
SB-2021-058
362.1
362.7
0.6
0.16
Au-AA26
SB-2021-058
603.7
604.2
0.5
4.69
55HW Vein
Au-AA26
SB-2021-058
604.2
604.7
0.5
96.90
Au-AA26
SB-2021-058
604.7
605.2
0.5
2.14
Au-AA26
SB-2021-058
605.2
605.7
0.5
0.11
Au-AA26
SB-2021-058
673.55
674.65
1.1
0.15
55 Vein
Au-AA26
SB-2021-058
674.65
675.5
0.85
1.74
Au-AA26
SB-2021-058
675.5
676
0.5
1.25
Au-AA26
SB-2021-058
676
676.5
0.5
3.25
Au-AA26
SB-2021-058
676.5
677
0.5
12.75
Au-AA26
SB-2021-058
723.2
723.9
0.7
5.39
55FW Vein
Au-AA26
SB-2021-058
723.9
724.55
0.65
1.59
Au-AA26
SB-2021-058
724.55
725.85
1.3
0.00
VOID
Au-AA26
SB-2021-058
725.85
726.35
0.5
9.61
55FW Vein
Au-AA26
SB-2021-058
726.35
726.85
0.5
7.45
Au-AA26
SB-2021-058
726.85
727.4
0.55
0.29
Au-AA26
Notes: Diamond drill hole SB-2021-058 has collar orientation of Azimuth 171; Dip -54. 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.
Related Links
https://taliskerresources.com/
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. 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 1: SB-2021-058 hole location within the Bralorne West Block. (CNW Group/Talisker
Resources Ltd)
Figure 2: SB-2021-058 cross section intersecting the 55HW vein 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/October2021/13/c5174.html
%SEDAR: 00005798E
For further information:
Terry Harbort, President & CEO, [email protected],
+1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 13-OCT-21