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Talisman Mining receives drill results, diamond drilling set to begin

RC drilling tested four gold prospects and diamond drilling is set to commence in the coming days.

Talisman Mining Ltd - Talisman Mining receives drill results, diamond drilling set to begin
Talisman is also planning to drill targets at its Lucknow Gold Project

Talisman Mining Ltd (ASX:TLM) has received the majority of results from its RC drilling program targeting gold in the southern area of its Lachlan Copper-Gold Project in New South Wales.

Drilling comprised 4 holes at Hardings, 3 holes at Brooklyn, 1 hole at Kaolin Shaft and 8 holes at Melrose Gold.

Highlights included 1-metre at 2.03 g/t gold from 65 metres depth at Melrose Gold.

All assays have been received except for two holes from Melrose Gold for which assays remain pending.

Diamond drilling to commence at Blind Calf

Drilling crews are in the process of transitioning to diamond drilling to focus on testing down-plunge extensions to the high-grade Blind Calf-Dunbars Copper Lode system.

RC drilling in July 2019 increased the footprint of the known and interpreted high-grade core in the Blind Calf-Dunbars copper lode system with 10 metres at 4.32% copper from 176 metres.

Diamond drilling is expected to continue for the remainder of January and throughout February 2020.

Talisman is also advancing its plans for a 2,000-metre drill program at the Lucknow Gold Project with land access now secured and an application submitted to the NSW authority.

Quick facts: Talisman Mining Ltd

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Market: ASX
Market Cap: $18.66 m

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on 5/12/19

2 min read