Talisker Initiates 50,000m Resource Drill Out Program at the Bralorne Gold Project

By Benzinga3 days ago

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TORONTO, Jan. 14, 2021 /CNW/ - Talisker Resources Ltd. (“Talisker“ or the “Company“) (TSX:TSK) (OTCQX:TSKFF) is pleased to announce it has commenced the first stage of its resource delineation drill program at its 100% owned Bralorne Gold Project.

Key Points:

  • Program targets conversion to inferred category of veins validated during 2020 drill program
  • Stage one (50,000m) focuses on veins located within 700m from surface
  • Four drill rigs will be active during winter months increasing to eight rigs after Spring freshet
  • All drilling to be conducted from surface drill pads
  • Talisker is fully funded to complete program

Stage 1 will consist of 50,000 metres of drilling and will target veins validated during the 2020 season (Table 1 below) from depths from 50m below surface to 700m below surface. Due to the shallow depth of the target areas, all holes will be drilled from surface locations. A total of four drill rigs are currently active at Bralorne and this number will be increased to eight in the Spring of 2021 following freshet and the planned upgrade of accommodation and logging infrastructure. Talisker is fully funded to execute the program.

“To be drilling out our maiden resource within two years of forming the Company is a significant achievement for Talisker and clearly demonstrates the quality and potential of the Bralorne asset,“ commented Terry Harbort, President and CEO of Talisker. who added, “In addition to the now active resource drill program, Talisker is also evaluating multiple high-grade satellite targets along strike of the prolific 30-kilometre Cadwallader Break, in-line with our aggressive plans to develop Bralorne as a mineral district.“

2021 Phase 1 Resource Drilling Plan at Bralorne

Zone

Vein

Historic Mine Area

Average width

(m)

Strike Length

(m)

Plunge Length

(m)

Average grade

(g/t)

No of Historic Samples

2020 Drillhole Inter-sections *

< 300 m Depth

Charlotte

Bralorne

6.0

690

700

2.1

39

12

Empire

Bralorne

2.0

400

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