New Discovery Named “CGO East Waterfall” includes atypically high-grade PGEs

Tamarack, Minnesota (May 22, 2024) – Talon Metals Corp. (“Talon” or the “Company”) (TSX:TLO/OTC:TLOFF), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project (“Tamarack Nickel Project”) in central Minnesota, proudly announces the discovery of a new high-grade mineralized area that has been named the “CGO East Waterfall”. Because of its proximity to the Tamarack Resource, this new target area has been added to the Company’s 2024 exploration plan, as additional discoveries could meaningfully impact the Tamarack Nickel Project’s economics in the early years of a mine.

Highlights

New Drill Hole 24TK0503 Intercepts High-Grade Massive Sulphide Mineralization: Intercepts 4.81 meters at 4.89% Ni, 4.10% Cu, 0,06% Co, with notably high Platinum Group Elements (“PGEs”), averaging 17.45 g/t Pd+Pt+Au (9.26% NiEq);
Two Significant Intercepts in the Same Drill Hole: Drill Hole 24TK0503 has a second intercept of 79.22 meters at 0.80% NiEq;
Near-Resource Expansion Potential: The “CGO East Waterfall” is approximately 120 meters below CGO East, representing low-hanging fruit for further exploration (see Figure 4);
Analogous Waterfall Features: The CGO East Waterfall mirrors a previous discovery named the CGO West Waterfall (see Figure 3) in depth, grade, nickel tenor, and PGEs, highlighting true geological analogies across the Tamarack Resource Area;
Next Steps for Exploration: Talon plans to use its borehole EM technology (geophysics) to gain deeper insights into the new CGO East Waterfall area, which will be followed up by additional drilling.
Brian Goldner, COO and Chief Exploration Officer of Talon, commented on today’s results, stating: “What really excites me about this new high-grade intercept is that we could be in the early stages of discovering a large pool of massive sulphides. This pool could be the result of accumulation of sulphides from both the CGO East Waterfall and the CGO West Waterfall. This will certainly be further investigated with additional drilling in 2024.” see & read more on
https://talonmetals.com/talon-metals-intercepts-4-81-meters-grading-4-89-ni-4-10-cu-0-06-co-4-10-g-t-pd-6-10-g-t-pt-and-7-16-g-t-au-9-26-nieq/