Talisman Mining Completes RC Program At Sinclair Nickel Project

THE DRILL SERGEANT: Talisman Mining (ASX: TLM) completed a five-hole RC drill program at the company’s 100 per cent- owned Sinclair nickel project in Western Australia.

Talisman Mining explained the drilling was carried out to follow-up recent highly encouraging results at the Schmitz Well South and Delphi North prospects.

Four holes were undertaken at the Schmitz Well South prospect along strike and downdip from recent air-core (AC) drilling results at Schmitz Well South, which had returned:

1 metre at 0.68 per cent nickel from 27m down-hole; and

5m at 0.5 per cent nickel from 50m down-hole.

Although all four holes of the latest RC drilling program intersected a consistent, thick sequence of high-magnesian ultramafic rocks including minor disseminated sulphides, they did not return any significant nickel intersections.

“Talisman interprets the results to represent a possible channel flow environment with the potential to host accumulations of nickel sulphides,” Talisman Mining said in its ASX announcement.

“The thick ultramafic sequence overlies a basaltic footwall unit similar to that seen at the Sinclair Mine and other locations along the ultramafic belt.”

The fifth hole of the recent drilling program was carried out on the Delphi North prospect with the aim of providing the company with further understanding of the interpreted massive and disseminated nickel sulphide mineralisation near high conductance electromagnetic (EM) conductors it had identified in previous drilling.

The company reported the drill hole intersected the lower edge of previously modelled EM conductors and encountered massive and disseminated nickel sulphide mineralisation on the basal contact.

Assays results included:

2m at 1.95 per cent nickel from 198m down-hole, including 1m at 2.97 per cent nickel from 199m down-hole.

Talisman said the results from this hole had continued to highlight the potential for additional sulphide mineralisation at Delphi North where previous RC and diamond drilling has returned encouraging results.

“Talisman will continue to evaluate the potential of the Delphi North prospect to host economic nickel sulphide mineralisation and to develop exploration programs across the wider Sinclair nickel project as part of it’s staged, cost effective exploration strategy,” the company said.


Email: info@talismanmining.com.au


Website: www.talismanmining.com.au