Potential New System Of High-Grade Nickel Mineralization At Tamarack Nickel Project

TAMARACK, MN  Talon Metals Corp. reported that it has successfully intercepted new high-grade nickel-copper mineralization nearly 2 miles (3.2 km) outside of the current nickel-copper resource area at Tamarack Nickel-Copper-Cobalt Project, located in central Minnesota, Talon believes it has confirmed a brand new "system" of high-grade nickel-copper mineralization within the Tamarack Intrusive Complex.

Brian Goldner, Chief Exploration and Operations Officer, said, "New drilling shows us that the Tamarack Intrusive Complex can be a district-scale nickel-copper resource right here in the United States. We've moved nearly 2 miles outside of the Company's current nickel-copper resource area and successfully intercepted high-grade nickel-copper in a different intrusion (new system) as compared to the current resource area. While still early in the process, these preliminary results provide definitive evidence that the Tamarack Intrusive Complex has district-scale potential, and as a consequence of these exciting initial results, we intend to make further exploration along the Tamarack Intrusive Complex a priority in 2023.

Last year's discovery of the shallow high-grade nickel mineralization in the CGO West area started with only a small 1.3-meter intercept of high-grade nickel massive sulphide - that mineralization ultimately grew to nearly 14 meters thick only 25 meters away. I expect this same thickening could occur in the new area called the "Raptor Zone", especially with the amount of unexplored space we have to work with."