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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. 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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Talon Metals Corp. has signed a definitive agreement with the US Department of Energy for $114,846,344 in grant funding to build a battery minerals processing facility in Mercer County, North Dakota. The facility will expand and secure the US domestic manufacturing of electric batteries for EVs and grid storage. Talon has commitments to engage with the local community, develop a diverse workforce, and seek input from tribal sovereign nations. The facility will process ore from multiple sources in North America and produce nickel in concentrate for Tesla.
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Talon Metals Corp. continues to progress its discovery of high-grade nickel mineralization in the United States with new drill results from the Raptor Zone. The results include a 139% increase in the thickness of mineralization compared to the previous drill hole. Talon has received a grant of US$20.6 million from the US Department of Defense to support and accelerate exploration efforts. The Company is extremely encouraged by the positive results in the Raptor Zone. Additional drilling is planned to expand the mineralization in this new area.
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Talon Metals Corp.'s CEO to participate in IEA Critical Minerals Conference, emphasizing the need for responsible mineral extraction for clean energy systems.
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Talon Metals Corp. secures US$20.6 million in DOD funding to accelerate efforts in discovering domestic supply of nickel for US battery manufacturing and defense supply chains. Department of Defense will contribute 50% of the funding over 39 months. Talon aims to challenge Chinese and Russian dominance in nickel supply for clean energy systems. Positive for Talon's stock.
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Talon Metals Corp. successfully drills high-grade nickel-copper mineralization at the Tamarack Nickel Project
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FAQ
What is the current stock price of TALON METAL (TLOFF)?
The current stock price of TALON METAL (TLOFF) is $0.06 as of December 20, 2024.
What is the market cap of TALON METAL (TLOFF)?
The market cap of TALON METAL (TLOFF) is approximately 59.8M.
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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59.79M
755.53M
18.55%
4.56%
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