Talisman Mining Ltd (ASX: TLM) has provided an update on ongoing drilling and exploration activities at its 100% owned Lachlan Copper-Gold Project, NSW.
Talisman’s CEO, Shaun Vokes, said: “We have received encouraging results from our ongoing field programmes throughout the first half of 2023.”
The company commenced an expansive, systematic, and multi-pronged exploration programme focusing on the central Lachlan Project earlier this year, with the aim of developing a staged exploration pipeline that is constantly replenished through ongoing geophysics and geochemistry programmes.
Multiple intervals of over 1g/t gold mineralization were returned for drill-holes displaying disseminated and veined sulphides at the Carpina North and Stella prospects, within Talisman’s Lachlan Copper-Gold Project.
Additionally, the association of the gold with arsenic and antimony geochemistry, with silica textures observed in RC drill chips, is consistent with a low-sulphidation epithermal gold system.
Gold mineralization at Carpina North shows an association with fine grained pyrite, arsenopyrite, and pyrrhotite, suggesting that chargeable anomalies may provide further exploration targets.
The company has reported the drilling of an AEM anomaly located 20km north-east of Cobar is currently in progress and expected to be completed by late July 2023.
Mr. Vokes continued, “While we haven’t yet made an economic discovery, our drilling continues to intersect significant mineralization and generate plenty of indicators of the potential to vector into a significant accumulation of mineralization.”
The company’s next phase of RC and diamond drilling will focus on following up high-grade gold results at Durnings, as well as testing geophysical and geochemical targets generated by Talisman during the first half of 2023.
This will include testing the conductive anomalies at the Rip n Tear prospect on EL8615, a high priority conductivity anomaly associated with extensive base metal geochemical anomalism.
To find out more, please visit www.talismanmining.com.au
