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Talisker Intersects 96.9 g/t Au over 0.5 metres within 34.58 g/t Au over 1.5 metres at Bralorne

TORONTO, ON / ACCESSWIRE / October 13, 2021 / Talisker Resources Ltd. ("Talisker" or the "Company") (TSX:TSK)(OTCQX:TSKFF) is pleased to announce high…

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TORONTO, ON / ACCESSWIRE / October 13, 2021 / 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.

For further information, please contact:
Terry Harbort
President & CEO
[email protected]
+1 416 361 2808

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.

Figure 2: SB-2021-058 cross section intersecting the 55HW vein hosted within Diorite.

SOURCE: Talisker Resources Ltd.

View source version on accesswire.com:
https://www.accesswire.com/667845/Talisker-Intersects-969-gt-Au-over-05-metres-within-3458-gt-Au-over-15-metres-at-Bralorne












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Kiplin Metals Looks to Expand Uranium Project Portfolio Athabasca, Saskatchewan, Canada

 

Vancouver, British Columbia – TheNewswire – October 25th, 2021  – Kiplin Metals Inc. (the “Company”) (TSXV:KIP) (Frankfurt: 17G1) announces…

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Vancouver, British Columbia – TheNewswire – October 25th, 2021  – Kiplin Metals Inc. (the “Company”) (TSXV:KIP) (Frankfurt: 17G1) announces that its board of directors has commenced a strategic review of several uranium projects in Athabasca, Saskatchewan, Canada with the plan to expand the Company’s project portfolio.

Peter Born, Director of the Company commented; “after considerable consultation with our strategic advisors, the board has determined that, given the deep technical knowledge of our team, combined with the global initiative to transition the world’s energy needs away from fossil fuels, the company has initiated a strategic review of several uranium projects in Athabasca, Saskatchewan.  The company’s technical team has extension experience with uranium exploration and we are confident the addition will bring significant value to Kiplin Metals shareholders.”

About Kiplin Metals

Kiplin Metals is an early-stage exploration and development mining company.  The Company’s management understands that the greatest value creation for shareholders is through the discovery, and development of mineral resources, therefore the company focuses on project that can provide such impact.  Kiplin Metals has the rights to two highly perspective minerals exploration assets in Canada, a region in the world known for its resources, collaborative regulatory structure and stable economic and political environment.  

The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold camps in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in the Val d’Or.

The Lac Rochester Copper Project is located on the eastern border of the Val d’Or mining camp, 50km southeast of the city of Val D’Or, and 14km south of the Company’s flagship property, the Exxeter Gold Project. Past exploration of the Lac Rochester Copper Project has identified multiple high copper and iron values, concurrent with a large, northeast trending magnetic anomaly.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Copyright (c) 2021 TheNewswire – All rights reserved.



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Klondike Gold Closes First Tranche Raising $2,242,851

NEW YORK, NY / ACCESSWIRE / October 25, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) ("Klondike Gold" or the "Company") is pleased to…

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NEW YORK, NY / ACCESSWIRE / October 25, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) (“Klondike Gold” or the “Company”) is pleased to announce that further to its news release of September 30, 2021, the Company has closed the first tranche (the “First Tranche”) of its non-brokered private placement financing, raising $2,242,851.25 of which $1,935,000 is flow through funds. The Company anticipates to close the balance of the financing in the coming weeks.

In closing the First Tranche, the Company issued 9,675,000 flow-through units at the price of $0.20 per unit, comprising of 9,675,000 common shares which are “flow through” shares for Canadian income tax purposes and 4,837,500 warrants. The Company further issued 1,759,150 non-flow-through units at a price of $0.175 per unit, comprising of 1,759,150 common shares and 879,575 warrants.

All warrants issued in the First Tranche of the financing are exercisable at a price of $0.25 per share until October 22, 2023.

All securities issued in connection with the First Tranche are subject to a four month and one day statutory hold period expiring on February 23, 2022, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

The Company intends to use the proceeds from the financing to continue exploration and development of the Company’s Yukon properties, as well as for general working capital.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold Corp. is a Vancouver based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. To date, multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The Company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, YT within the Tr’ondëk Hwëch’in First Nation traditional territory.

ON BEHALF OF KLONDIKE GOLD CORP.

“Peter Tallman”
President and CEO
(604) 609-6138
E-mail: [email protected]
Website: www.klondikegoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

“This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Klondike in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Klondike’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Klondike disclaims any obligation to update or revise any forward-looking information or statements except as may be required.”

SOURCE: Klondike Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/669603/Klondike-Gold-Closes-First-Tranche-Raising-2242851





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Discovery Harbour Announces Results from First of Five Drill Holes on Caldera Gold Property, Nevada

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company"…

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Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) announces that the first of five drill holes results have been received from the Company’s Caldera drill program. Selected core from each of the five holes has been sent for analysis, with the next results expected in late November. The initial drill hole, CP21-01, has anomalous gold results up to 324 parts per billion gold over 1.4 metres. The drillhole intersected primarily volcanic tuffs, moderate to strong propylitic and argillic / sericitic alteration as well as multiple fault zones.

The Company completed drilling a total of slightly over 1900 metres, testing five low sulphidation epithermal gold targets (see map below) on the Caldera Property. Each hole was deeper than any previous drilling on Caldera and each site was selected to test the boiling zone, typically found at approximately 300+ metres below the paleo-surface, where precious metals are concentrated. The Caldera gold property lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada.

Caldera Gold Project, Completed Drill Holes

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/1559/100776_fc1ee2a344e1c8fb_001full.jpg.

Alan Morris, CPG, is the Qualified Person for Discovery Harbour as defined in NI 43-101 and has reviewed and approved the technical contents of this news release.

About Discovery Harbour
Discovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. Its current primary focus is the drill program on Caldera, a low sulphidation epithermal gold project in Nevada. Additionally, Discovery Harbour has an agreement with Newcrest Mining Limited on its Fortuity 89 property in Nevada.

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

“Mark Fields”

Mark Fields, B. Sc. (Geology), B.Comm.(Hon.)
President and Chief Executive Officer
Discovery Harbour Resources Corp.
Tel: (604) 681-3170
Fax: (604) 681-3552

Disclaimer for Forward-Looking Information
This news release contains forward‐looking information that involves various risks and uncertainties regarding future events. Such forward‐looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Discovery Harbour, such as statements that Discovery Harbour intends to pursue the Caldera Project. There are numerous risks and uncertainties that could cause actual results and Discovery Harbour’s plans and objectives to differ materially from those expressed in the forward‐looking information, including: (i) adverse market conditions; (ii) exploration results, (iii) permitting requirements or (iv) the financial position of the Company. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward‐looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Discovery Harbour does not intend to update these forward‐looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100776







newcrest mining limited

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