TORONTO, ON / ACCESSWIRE / March 16, 2021 / Talisker Resources Ltd. ("Talisker" or the "Company") (TSX:TSK)(OTCQX:TSKFF) is pleased to announce complete and partial drill assay results from its ongoing Stage One 50,000m drill program at the Bralorne Gold Project in British Columbia (Figure 1). Results have been received from the King Block (hole SB-2020-29), the Bralorne West Block (including Charlotte Zone; SB-2020-028, SB-02020-030, and SB-2021-002 and SB-02021-003) and the Bralorne East Block (SB-2021-001). All results included in this press release intersected mineralisation within 350m from surface.
Key Points:
Hole SB-2020-29, Talisker's first hole in the King Block, intersected 5.09g/t over 8m of near-surface gold mineralization previously intersected at the Charlotte Zone one kilometre to the southeast.Hole SB-2021-001, drilled in the Bralorne East Block, intersected near-surface high-grade gold mineralization over 600m to the southeast of the Charlotte Zone.These two stepout holes have extended near-surface gold mineralisation by ~1,600m, taking the total strike length of near-surface gold mineralization at the Bralorne Gold Project to ~2km. Near-surface gold mineralization remains open in both directions.Holes SB-2020-028, SB-02020-030, and SB-2021-002 and SB-02021-003 continue to intercept broad areas of gold mineralisation surrounding high-grade veins at the Charlotte Zone.Talisker has completed 13,400 metres of its active 50,000 metre resource drill program. Currently 3,791 samples are in the laboratory awaiting analysis.
Today's results comprise assays from the recently discovered near-surface (from surface to 350m depth) bulk-tonnage Charlotte Zone located in the Bralorne West Block, newly-discovered near-surface gold mineralization at the King Block situated one kilometre to the northwest and a high-grade intercept of near-surface gold mineralization located in the Bralorne East Block approximately 600m to the southeast of the Charlotte Zone (Figure 2 and 3). These results extend near surface gold mineralisation from the Charlotte zone for a total of 1,600m to give a cumulative strike length of 2km. Today's release also comprises the first batch of assay results from drill holes completed in 2021.
"Following on from our confirmation of previously unrecognised, close to surface bulk-tonnage mineralisation at the Charlotte Zone, these holes significantly increase our view of the potential near-surface bulk tonnage gold mineralization within 350m from surface", stated Terry Harbort, President and CEO of Talisker, who added, "Now with 2 km of strike length identified and open in both directions we are beginning to see significant upside as we explore for this new style of mineralisation along the 30 kilometre long Cadwallader Break that hosts Bralorne."
King Block
Of the 4.2 million ounces mined at the Bralorne, Pioneer and King mines, approximately 250,000 ounces of gold were recovered from the King mine, located one kilometre to the northwest of the historic Bralorne Mine. Hole SB-2020-029 represents the first hole targeting high-grade veins at King and extends known near-surface (i.e. < 350m depth) gold mineralisation by 1,000 metres to the northwest.
Highlights from the King Block include:
SB-2020-02937.40 g/t gold over 0.50m within 5.09 g/t gold over 8.40m from 321.80m to 330.20m
Bralorne East Block
Hole SB-2021-001 is the first hole drilled to the east of the Empire fault designed to target near-surface gold mineralisation within the Bralorne East Block. Partial results received to date have extended the occurrence of near-surface gold mineralisation (~350m from surface), originally discovered at the Charlotte Zone, by ~600 metres to the southeast. More drilling is required to determine the continuity of gold mineralization within this 600m area and will be tested in the coming weeks.
Highlights from the Bralorne East Block include:
SB-2021-00182.00 g/t gold over 0.50m from 171.40m to 171.90m
Charlotte Zone (Bralorne West Block)
Discovered by Talisker last year the Charlotte Zone is comprised of a series stacked, parallel structures that outcrop at surface. To date, gold mineralization has been defined by drilling over a 600m by 270m area to a depth of ~350m volume and includes broad intervals of lower-grade gold mineralization surrounding high-grade veins.
Highlights from the Charlotte Zone include:
SB-2020-02813.55 g/t gold over 0.50m from 302.20m to 302.70mSB-2021-0030.80 g/t gold over 21.00m from 151.00m to 172.00SB-2021-0020.71 g/t gold over 10.40m from 51.50m to 61.90mSB-2020-0300.56 g/t gold over 15.60m from 271.00m to 286.60m
Drill Hole Data
SB-2020-028 (Complete Preliminary Results)
Bralorne West BlockThe Charlotte Zone produced 4.49 g/t Au over 1.10m from 215.75m depth, including 7.88 g/t over 0.60m.The 101 Vein produced 9.08 g/t Au over 1.00m from 302.20m, including 13.55 g/t Au over 0.50m from 302.20m. This intercept is approximately 160m along strike away from the SB-2020-024 intercept on the 101 Vein of 5.83 g/t Au over 2.65m from 410.90m.This hole drilled to a final depth of 406.1m on December 13, 2020
SB-2020-029 (Partial Preliminary Results - Further Assay Results Pending)
King BlockThis was Talisker's first hole drilled proximal to the historic King Mine.The C Vein was intersected at 322.30m and produced an intercept of 8.42 g/t Au over 5.00m, including high values of 37.4 g/t Au over 0.50m from 323.10m, and 31.60 g/t Au over 0.50m from 326.80m depth.SB-2020-029 was drilled to a final depth of 1,217.40m on February 18, 2020.
SB-2020-030 (Complete Preliminary Results)
Bralorne West BlockThe Knight Zone produced 0.46 g/t over 9.70m from 80.00m depth, including 1.30 g/t over 2.50m from 82.50m.An Unknown Zone produced 0.56 g/t Au over 15.60m from 271.00m.This hole drilled to a final depth of 790.60m on December 14, 2020.
SB-2021-001 (Partial Preliminary Results - Further Assay Results Pending)
Bralorne East BlockAn Unknown Vein produced 7.24 g/t Au over 1.00m from 102.40m depth.Another Unknown Vein produced 82.00 g/t Au over 0.50m from 171.40m depth.This hole drilled to a final depth of 1,178.40m on February 3, 2021.
SB-2021-002 (Partial Preliminary Results - Further Assay Results Pending)
Bralorne West BlockThe Charlotte HW (Hanging Wall) was intersected at 51.50m and produced 0.71 g/t Au over 10.40m.This hole drilled to a total depth of 385.40m on January 19, 2021.
SB-2020-003 (Complete Preliminary Results)
Bralorne West BlockThe Knight Zone was intercepted at 151.00m depth and produced 0.80 g/t Au over 21.00m, including 2.56 g/t Au over 3.00m from 157.60m.This hole drilled to a final depth of 200.60m on January 20, 2021. This hole was determined to be off-course for its final target and was re-started as SB-2020-003A.
Bralorne Gold Project
Drill Holes SB-2020-028, 029, 030, SB-2020-001, 002, 003
Diamond Drill
Hole Name
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Zone
Metho
Reported
SB-2020-028
61.30
61.80
0.50
1.95
Charlotte HW
Au-AA24
SB-2020-028
61.80
62.45
0.65
1.54
Au-AA24
SB-2020-028
62.45
63.30
0.85
2.43
Au-AA24
SB-2020-028
63.30
64.30
1.00
0.57
Au-AA24
SB-2020-028
215.75
216.35
0.60
7.88
Charlotte
Au-AA24
SB-2020-028
216.35
216.85
0.50
0.43
Au-AA24
SB-2020-028
302.20
302.70
0.50
13.55
101 Vein
Au-GRA22
SB-2020-028
302.70
303.20
0.50
4.61
Au-AA24
SB-2020-028
303.20
303.70
0.50
3.99
Au-AA24
SB-2020-028
303.70
304.20
0.50
4.89
Au-AA24
SB-2020-028
334.00
334.50
0.50
0.28
55 HW Vein
Au-AA24
SB-2020-028
334.50
335.00
0.50
1.98
Au-AA24
SB-2020-028
335.00
335.50
0.50
0.73
Au-AA24
SB-2020-028
336.00
336.55
0.55
1.89
Au-AA24
SB-2020-028
336.55
337.10
0.55
2.47
Au-AA24
SB-2020-029
179.00
179.60
0.60
0.29
Unknown Zone
Au-AA24
SB-2020-029
179.60
180.10
0.50
0.41
Au-AA24
SB-2020-029
180.10
180.70
0.60
0.76
Au-AA24
SB-2020-029
180.70
182.00
1.30
0.51
Au-AA24
SB-2020-029
182.00
183.00
1.00
0.32
Au-AA24
SB-2020-029
183.00
184.20
1.20
0.32
Au-AA24
SB-2020-029
184.20
184.70
0.50
0.11
Au-AA24
SB-2020-029
202.10
202.60
0.50
2.86
Unknown Zone
Au-AA24
SB-2020-029
202.60
203.10
0.50
4.08
Au-AA24
SB-2020-029
203.10
203.60
0.50
0.13
Unknown Zone
Au-AA24
SB-2020-029
203.60
204.70
1.10
0.24
Au-AA24
SB-2020-029
250.30
250.80
0.50
0.93
Unknown Zone
Au-AA24
SB-2020-029
250.80
251.30
0.50
1.80
Au-AA24
SB-2020-029
251.30
251.80
0.50
1.49
Au-AA24
SB-2020-029
251.80
252.80
1.00
0.30
Au-AA24
SB-2020-029
321.80
322.30
0.50
0.16
C Vein
Au-AA24
SB-2020-029
322.30
323.10
0.80
5.80
Au-AA24
SB-2020-029
323.10
323.60
0.50
37.40
Au-GRA22
SB-2020-029
323.60
324.10
0.50
0.67
Au-AA24
SB-2020-029
324.10
324.60
0.50
1.10
Au-AA24
SB-2020-029
324.60
325.10
0.50
1.78
Au-AA24
SB-2020-029
325.10
326.30
1.20
0.67
Au-AA24
SB-2020-029
326.30
326.80
0.50
0.75
Au-AA24
SB-2020-029
326.80
327.30
0.50
31.60
Au-GRA22
SB-2020-029
327.30
328.50
1.20
0.13
Au-AA24
SB-2020-029
328.50
329.20
0.70
0.01
Au-AA24
SB-2020-029
329.20
330.20
1.00
0.43
Au-AA24
SB-2020-030
80.00
80.50
0.50
0.11
Knight Zone
Au-AA24
SB-2020-030
80.50
81.00
0.50
0.71
Au-AA24
SB-2020-030
81.00
81.50
0.50
0.13
Au-AA24
SB-2020-030
81.50
82.00
0.50
0.01
Au-AA24
SB-2020-030
82.00
82.50
0.50
0.15
Au-AA24
SB-2020-030
82.50
83.20
0.70
2.76
Au-AA24
SB-2020-030
83.20
83.70
0.50
1.66
Au-AA24
SB-2020-030
83.70
84.20
0.50
0.65
Au-AA24
SB-2020-030
84.20
85.00
0.80
0.22
Au-AA24
SB-2020-030
85.00
85.70
0.70
0.01
Au-AA24
SB-2020-030
85.70
86.20
0.50
0.02
Au-AA24
SB-2020-030
86.20
86.70
0.50
0.02
Au-AA24
SB-2020-030
86.70
87.20
0.50
0.10
Au-AA24
SB-2020-030
87.20
87.70
0.50
0.73