Talisker Resources Announces High Grade Gold Near Surface on the 55HW Vein
Talisker Resources Announces High Grade Gold Near Surface
on the 55HW Vein
TORONTO
,
April 5, 2022
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (TSX: TSK) (OTCQX: TSKFF) is pleased to
announce further high grade results from the Bralorne West area highlighted by
23.05 g/t Au over 6.95 metres
at its 100% owned
flagship Bralorne Gold Project.
Key Points:
The hole in this release is located within the Bralorne West block. The principal targets were the 55HW and 55 veins.
Hole SB-2022-003 intersected
23.05 g/t Au over 6.95 metres
close to the surface (125.2-132.15 metres depth) in the 55HW vein.
This increases the total intersects on the 55HW Vein to 53 with previously released high grade results including 38.01 g/t Au over 1.55
metres (SB-2021-100) and 33.44 g/t Au over 1.00 metres (SB-2021-058).
Talisker drilling to date at the Bralorne Gold Project has produced 307 vein intersections with a combined weighted average diluted
grade of 8.49 g/t over an average intersection length of 1.83 metres.
Terry Harbort
, Talisker CEO and President commented, "At just approximately
100m
vertical from surface (
125m
downhole) this headline
intercept demonstrates easily accessable high grade mineralization over a considerable intercept length. The remaining pierce points for
the 55HW vein will target additional close to surface vein material completing an extensive mineralized panel down to 600 metres depth for
this structure."
Eight diamond drills are now operating at the Bralorne Gold Project. A total of 128,491 metres (269 holes) has been drilled since Talisker
initiated drilling at the Bralorne Gold Project in
February 2020
. Currently, there are 4,762 samples at the assay laboratory, which are
expected to be received by the Company shortly.
SB-2022-003 Hole Description
Complete results received
Located in the Bralorne West block and intersected dioritic intrusive
55HW Vein intersected as a bifurcated structure from 125.20 to
126.75 m
and 129.75 to
132.15 m
55 Vein intersected from 144.85 to
147 m
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 Hole SB-2022-003
Diamond Drill Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Method Reported
SB-2022-003
125.2
125.7
0.5
36.90
55HW Vein
Au-AA26
SB-2022-003
125.7
126.25
0.55
169.00
Au-GRA22
SB-2022-003
126.25
126.75
0.5
11.65
Au-AA26
SB-2022-003
126.75
127.25
0.5
0.13
Dike
Au-AA26
SB-2022-003
127.25
127.75
0.5
0.24
Dike
Au-AA26
SB-2022-003
127.75
128.25
0.5
0.08
Au-AA26
SB-2022-003
128.25
128.75
0.5
0.01
Au-AA26
SB-2022-003
128.75
129.25
0.5
0.04
Au-AA26
SB-2022-003
129.25
129.75
0.5
0.01
Au-AA26
SB-2022-003
129.75
130.35
0.6
23.50
55HW Vein
Au-AA26
SB-2022-003
130.35
131
0.65
3.34
Au-AA26
SB-2022-003
131
131.5
0.5
28.30
Au-AA26
SB-2022-003
131.5
132.15
0.65
18.90
Au-AA26
SB-2022-003
144.85
145.35
0.5
6.32
55 Vein
Au-AA26
SB-2022-003
145.35
145.85
0.5
0.37
Au-AA26
SB-2022-003
145.85
146.5
0.65
0.09
Au-AA26
SB-2022-003
146.5
147
0.5
3.80
Au-AA26
Notes: Diamond drill hole SB-2022-003 has a collar orientation of Azimuth 178; Dip -70. 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 exploring 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 south-central
British Columbia
. The Company is well funded to advance its aggressive, systematic exploration program at its projects.
Sample Preparation and QAQC
Diamond drilling 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
, 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 analyzed 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
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 / 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 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: Core photo shows classical crack and seal textures within white orogenic quartz veining. (CNW Group/Talisker Resources Ltd)
Figure 2: SB-2022-0003 hole location within the Bralorne West block. (CNW Group/Talisker Resources Ltd)
Figure 3: SB-2022-003 cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)
View original content to download multimedia:
https://www.prnewswire.com/news-releases/talisker-resources-announces-high-grade-gold-near-surface-on-the-55hw-vein-301517691.html
SOURCE
Talisker Resources Ltd
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/April2022/05/c1095.html
%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 05-APR-22