Talisman Mining Ltd (ASX: TLM) has identified new drill targets from recently conducted ground-based geophysical surveys at its wholly-owned Lachlan Copper-Gold project in New South Wales (NSW), Australia.
“Our concurrent work streams of drilling, geophysics, and geochemistry are starting to bear fruit in NSW,” said Talisman’s CEO, Shaun Vokes.
“The identification of the priority Stella and Rip-and-Tear geophysical targets represents an excellent outcome from our systematic and methodical greenfields exploration approach.”
The new targets include priority chargeable anomalies directly associated with historic high-grade copper workings identified from induced polarization (IP) surveys. Chargeable and conductive anomalies have been interpreted to indicate the presence of blind sulphides, providing Talisman with drill-ready targets with potential for a significant discovery.
The Stella prospect showed high chargeability values of 23 millivolt per volt (mV/V), compared with neighbouring areas at values of ~10m-15mV/V. The Rip & Tear prospect also had IP and moving loop transient electro-magnetic (MLTEM) surveys that identified two conductive plate models and a chargeable anomaly in an area with historic mining and surface gossans.
Talisman plans to progress chargeable and conductive anomalies to drill testing as part of the current drill programme, with drilling expected to commence in Q3 2023, once regulatory approvals are received.
The Australian company already holds land access agreements with landholders in the area, simplifying the process and shortening the timeline. The definition of new drill-ready anomalies reinforces Talisman’s exploration strategy of systematically narrowing the exploration search space to identify robust exploration targets.
“We are looking forward to receiving regulatory approvals and drilling both targets as soon as possible.” added Shaun.
For further information please visit: www.talismanmining.com.au/
