New Found Gold Unveils Promising Resource Estimate for Queensway Gold Project
New Found Gold Corp. announces an initial Mineral Resource Estimate for its Queensway Gold Project, revealing significant gold potential and plans for future exploration.
Talon Metals Corp. has announced a significant discovery of massive sulphide at its Tamarack Nickel-Copper-Cobalt Project in Minnesota. This discovery, made during feasibility study drilling, highlights the potential for high-grade nickel and copper mineralization in the area, coinciding with recent governmental initiatives to boost domestic mineral production.
The recent drilling at the Tamarack Nickel-Copper-Cobalt Project revealed a remarkable intercept of massive sulphide measuring over 8.25 meters, logged with 95% sulphide content. This significant find occurred at a depth of 707.75 meters, extending from a previously drilled hole (16TK0250) that was re-evaluated to investigate a subtle Borehole Electromagnetic (EM) response.
The intercept is strategically located about 150 meters below and 50 meters south of known mineralization, where previous drilling had indicated high grades of nickel and copper. This new discovery suggests the possibility of a previously unrecognized zone of mineralization, which could be laterally extensive due to a lack of prior drilling in the area.
Brian Goldner, COO and Chief Exploration Officer of Talon, emphasized the significance of this discovery, stating that it demonstrates the potential for high-grade nickel and copper mineralization beyond the current resource area. The use of Borehole EM technology has proven effective in guiding drilling efforts, leading to this exciting find.
Henri van Rooyen, CEO of Talon, noted that the recent Executive Order from the U.S. Administration aimed at increasing domestic mineral production underscores the importance of Talon's work. He highlighted the company's unique position as the only integrated geophysics and drilling team in the U.S. focused on discovering new sources of critical minerals.
Following the discovery, Talon Metals plans to conduct follow-up drilling into the identified Borehole EM anomaly, which is a promising indicator of high-grade mineralization. The company is committed to expanding its exploration efforts and further delineating the Tamarack resource area.
Talon Metals' recent discovery at the Tamarack Nickel-Copper-Cobalt Project marks a significant milestone in the company's exploration efforts and aligns with broader national goals for mineral production. As the company continues to leverage advanced exploration techniques, the potential for discovering additional high-grade resources remains promising, positioning Talon as a key player in the U.S. mining sector.
New Found Gold Corp. announces an initial Mineral Resource Estimate for its Queensway Gold Project, revealing significant gold potential and plans for future exploration.
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