Historic Drilling Suggests Many Targets for High-Grade Nickel and Copper Near the Only Producing Nickel Mine in the USA
June 18, 2024 7:30 AM EDT | Source: Talon Metals Corp.
Tamarack, Minnesota--(Newsfile Corp. - June 18, 2024) - Talon Metals Corp. (TSX:TLO) (OTC Pink: TLOFF) ("Talon" or the "Company") announces that it has begun mineral exploration drilling in the Upper Peninsula of the State of Michigan, fulfilling one of the key initiatives of its 2024 exploration plan.

In 2022, Talon entered into an option and earn-in agreement (the UPX Option Agreement") with UPX Minerals Inc. (a wholly-owned subsidiary of Sweetwater Royalties) ("UPX") to acquire up to an 80% ownership interest in the mineral rights over a land package comprised of approximately 400,000 acres located in the Upper Peninsula of the State of Michigan. The Company also has rights to explore certain other properties in Michigan that are not subject to the UPX Option Agreement, including approximately 23,000 acres of State mineral leases (collectively, the "Talon Michigan Nickel-Copper Properties").

Highlights

Drilling commenced in Michigan and Ongoing in Minnesota: Talon has mobilized an in-house exploration team of geologists, geophysicists, and drill crew to the Talon Michigan Nickel-Copper Properties, complementing ongoing exploration at the Tamarack Nickel Project in Minnesota. One drill rig is now active in Michigan.

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