Benzinga. Finally someone is discussing Talon's potential SI: Talon Metals Corp. (TLO:TSX) and its Tamarack nickel-copper-platinum project in Minnesota. This is a JV with Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK). Talon has the option to spend $37M over the next three years to own 30%. At that point Rio Tinto has a decision to make. If a resource gets defined to the point where it's big enough, Rio Tinto will build the mine as a 70/30 JV. Or if Rio Tinto decides it's not big enough, Talon can buy out Rio Tinto for $107M. SI: This is a high-grade nickel-sulfide deposit of about 6 Mt now, with more than 2% nickel equivalent. It's close to infrastructure. From a geological perspective, it's similar to Voisey's Bay. The deposit is shaped like a tadpole. The 6 Mt is located in the tail, which is wide open and could contain 1020 Mt. The head, which hasn't been drilled, holds the real blue-sky potential for a very large discovery. I think that's why Rio Tinto has kept an interest in it. Even if the deposit turns out not to be large enough for Rio Tinto, it's already looking as if it could be one heck of a deposit for a junior to midtier producer. I should mention that Rio Tinto had another nickel deposit in the northern U.S.: Eagle, which it sold to Lundin Mining Corp. (LUN:TSX) last year for $325M. Eagle is going to be a mine, but Rio Tinto sold that one and kept Tamarack. That should tell you something.