Talisman Mining Drilling Reveals Potential For Major Base Metal Discovery

Talisman Mining Ltd (ASX: TLM) has revealed further significant assay results from diamond drilling at the Rip n Tear Prospect.

Rip n Tear is part of the company’s 100%-owned Lachlan Project in central New South Wales.

Results include 156 metres at 1.3% lead and 12.6g/t silver from 148 metres, peaking at 10 metres at 7.4% lead and 59.2g/t silver from 294 metres.

Rip n Tear and Durnings

Rip n Tear is located ~20km northwest of the company’s Durnings discovery.

Both Rip n Tear and Durnings were discovered as part of a 7,200m RC drilling campaign completed in late 2023.

Potential for base metals discovery

Talisman Managing Director Andrew Munckton said: “These latest results from extensional diamond drilling at Rip n Tear provide further encouragement for a major new base metals discovery at this emerging prospect.

“These latest results demonstrate the continuity of the lead-silver-zinc mineralised horizon, hosted in a folded and faulted sequence of sediments, over a strike extent of more than 2.6km and downhole widths up to 200m.

“This clearly demonstrates the significant scale of the discovery.”

Next steps

Importantly, the latest diamond drilling has intersected some zones of higher-grade material of up to 7.4% lead and 56g/t silver over a down-hole width of 10m near the base of the mineralised sequence.

The geology team are investigating this style of mineralisation to confirm its origin and determine the extent and nature of the high-grade zone.

Meanwhile, samples will be submitted for metallurgical test work to determine the amenability of the mineralisation to processing.

 

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