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Talon Metals Corp (TLOFF) is a TSX-listed base metals company, operating the Tamarack Nickel-Copper-Cobalt Project in Minnesota. They focus on expanding their high-grade nickel resource and exploring new mineralization areas like the Raptor Zone and the Roland Target in Michigan. The company is heavily investing in geophysical research and exploration efforts, with a strong commitment to community engagement, transparency, and responsible mining practices.
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Talon Metals Corp. provides a progress update on its activities, including permitting updates for an underground mine in central Minnesota and the relocation of mineral processing to North Dakota.
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Talon Metals Corp. commences geophysical program in Michigan with drilling planned for May, funded by the US Department of Defense. The 2024 exploration plan includes a 30,000-meter drill program and in-house geophysics to expand resources in Minnesota and test high-grade nickel targets in Michigan. The company aims to increase mine life and improve overall economics at the Tamarack Nickel Project. Talon's exploration activities in Michigan leverage a private land package with untapped potential for high-grade nickel discoveries.
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Talon Metals Corp. reports a net loss of $2.3 million for the year ended December 31, 2023, primarily due to administration expenses. Capitalized exploration costs on the Tamarack Nickel-Copper-Cobalt Project amounted to $44.2 million in 2023, compared to $52.9 million in 2022.
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Talon Metals Corp. announces high-grade nickel and copper mineralization assay results from drillhole 23TK0447 at the Tamarack Nickel Project in Minnesota. The intercept includes 12.72 meters of 6.04% Ni and 2.68% Cu (7.5% NiEq) at a depth of 380.7 meters, with additional disseminated sulphides at 435.6 meters. Talon plans to update on positive drilling results in the Raptor Zone and beyond. The company aims to expand the high-grade nickel resource to enhance project economics.
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Talon Metals Corp. (TLOFF) Chief External Affairs Officer Todd Malan led the public testimony on the Section 45X tax credit for critical minerals. Talon proposed solutions to support domestic mineral extraction.
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Talon Metals Corp. expands its mineral rights in the US with 23,000 acres of additional mineral leases in Michigan, augmenting the existing 400,000 acres of mineral rights. The company aims to discover more high-grade nickel deposits in the USA, focusing on the Upper Peninsula of Michigan and Minnesota. The Department of Defense has granted $20.6 million for exploration, emphasizing the importance of domestic sourcing of minerals, particularly nickel, due to supply chain vulnerabilities. Talon is advancing its Tamarack Underground Mine proposal through the Minnesota environmental review process while also exploring for additional high-grade deposits in both Minnesota and Michigan.
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Talon Metals Corp. reports high-grade nickel-copper mineralization in the Raptor Zone, with a 250-meter strike length of continuous mineralization. The company received a grant of US$20.6 million from the US Department of Defense to support exploration efforts. The new drilling results indicate a 91% increase in thickness of the high-grade mineralization, suggesting potential for a new resource from the Raptor Zone.
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Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) commends the Biden Administration for new draft rules supporting domestic nickel preference and enforcement mechanisms for the Section 30D tax credit. The company is the majority owner of the Tamarack Nickel Project in central Minnesota and has received an award under the Bipartisan Infrastructure Law's Battery Materials Processing and Battery Manufacturing and Recycling Grants.
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Talon Metals Corp. (TSX: TLO) (OTC Pink:TLOFF) reports new holes drilled at the Tamarack Nickel Project in central Minnesota, with 14 of the 20 exploration drill holes intersecting high-grade nickel-copper mineralization outside of the Tamarack Nickel Project's resource. The Tamarack Nickel Project continues to show significant high-grade nickel-copper growth potential with multiple areas still open to expansion. Notable drill holes include 22TK0431 and 22TK0435, which intersected high-grade massive sulphides proximate to the CGO East area, and drill holes 22TK0421 and 22TK0424 in the CGO West area. Talon's drill crews have reached three years without a recordable incident or injury.
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Talon Metals Corp. (TSX: TLO) Reports Net Loss for Q3 2023, Capitalized Exploration Costs Reach $194.1 Million
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FAQ
What is the current stock price of TALON METAL (TLOFF)?
The current stock price of TALON METAL (TLOFF) is $0.0736 as of October 15, 2024.
What is the market cap of TALON METAL (TLOFF)?
The market cap of TALON METAL (TLOFF) is approximately 64.5M.
What is Talon Metals Corp (TLOFF)?
Talon Metals Corp is a TSX-listed company operating the Tamarack Nickel-Copper-Cobalt Project in Minnesota.
What is the focus of Talon Metals Corp?
Talon Metals Corp focuses on expanding their high-grade nickel resource and exploring new mineralization areas like the Raptor Zone and the Roland Target in Michigan.
What are Talon Metals Corp's exploration efforts?
Talon Metals Corp is conducting exploration drilling in both Minnesota and Michigan, leveraging historical data and new insights to uncover high-grade nickel potential.
What is Talon Metals Corp's commitment to community engagement?
Talon Metals Corp is committed to engagement, transparency, and information sharing with local communities and tribal governments where they operate.
What strategic advantages does Talon Metals Corp have?
Talon Metals Corp's in-house capabilities and multiple exploration projects allow for operational efficiencies, risk diversification, and the building of a robust nickel inventory in the USA.
What funding has Talon Metals Corp received?
Talon Metals Corp received funding from the US Department of Defense to support accelerated exploration efforts in both Minnesota and Michigan.
What is the UPX Option Agreement?
Talon Metals Corp entered into the UPX Option Agreement to acquire up to an 80% ownership interest in mineral rights over a land package in Michigan.
Where is Talon Metals Corp currently exploring?
Talon Metals Corp is exploring the Tamarack Nickel-Copper-Cobalt Project in Minnesota and the Talon Michigan Nickel-Copper Properties in Michigan.
Who leads Talon Metals Corp's exploration efforts?
Brian Goldner, COO and Chief Exploration Officer, leads Talon Metals Corp's exploration team in Minnesota and Michigan.
What is Talon Metals Corp's focus on geophysics?
Talon Metals Corp heavily invests in geophysical research to guide exploration efforts and identify new high-grade mineralization.
What are the strategic advantages of Talon Metals Corp's dual exploration efforts?
Exploring in both Minnesota and Michigan allows Talon Metals Corp to maximize resource potential, achieve operational efficiencies, diversify exploration risks, and build a robust nickel inventory in the USA.
TALON METAL CORP
OTC:TLOFF
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64.50M
640.31M
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