Talisker drills 42.61 g/t gold over 1.3 metres at Bralorne, British Columbia
Talisker Resources Ltd. [TSK-TSX; TSKFF-OTCQX] reported high-grade results from the North vein located within the historic King mining block at the 100%-owned Bralorne gold project 50 km north of Pemberton and 160 km north of Vancouver, British Columbia. The results are the final assays received from the 2022 pre-resource drill program that were re-assayed following initial laboratory failure of quality assurance/quality control.
Key Points: Holes SB-2022-032, 036, 044, 053, 063 and 068A are located within the King Mining Block and focuses on the King, North and C Veins. Hole SB-2022-053 is highlighted by 42.61 g/t gold over 1.30 metres within 15.51 g/t gold over 3.70 metres (North Vein).
Hole SB-2022-032 intersected a total of three veins highlighted by 12.04 g/t gold over 3.60 metres within a broader zone of 2.44 g/t gold over 22.50 metres (New Vein); 13.72 g/t gold over 1.20 metres (243 Vein); 12.14 g/t gold over 1.00 metre (North Vein).
Hole SB-2022-068A is highlighted by 19.17 g/t gold over 2.35 metres (North Vein). Hole SB-2022-063 is highlighted by 11.48 g/t gold over 1.00 metre (King Vein); 6.15 g/t gold over 1.50 metres (King Splay).
Talisker drilling to date at the Bralorne Gold Project has produced 401 vein intersections with a combined weighted average diluted grade of 9.45 g/t gold over an average intersection length of 1.73 metres.
Terry Harbort, President and CEO of Talisker, commented, “These final results continue to demonstrate the consistent high-grade nature of the veins at the Bralorne Gold Project. Despite delays caused by these assay re-runs and the new requirement to conduct stope optimization of inferred resource to meet the ‘Reasonable Prospects for Eventual Economic Extraction’ guidelines, we expect to release our maiden resource statement in November and to meet our anticipated range. With the entire resource located from surface to 700m depth, approximately 70% represents brand new discovered ounces with minimal or no historic activity, 20% represents resource along strike from historic stopes and 10% is remnant ore bodies. Of the 86 veins now identified at Bralorne, 74 are open in all directions indicating the clear near-term resource expansion upside.”
A total of 140,476 metres (286 holes) has been drilled since Talisker initiated drilling at the Project in February 2020. All reported drill assay results are available on the company’s website.
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 304,931 hectares over 500 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in south-central British Columbia.