With the spectacular results today with our near neighbour Horseshoe Metals - HOR, (over 500% increase in the oppies and 200% on the heads!!) This is great news for TLM.
We are certainly in the right place, or should I say places.
Below is an extract from our quarterly. Lets get those drills going.
Shelby Project (TLM 100%)
The 309km2 Shelby Project is located on the northern margin of the Bryah Basin approximately 30km north of the Horseshoe Lights Copper-Gold Mine (see Figure 1). The project area was originally targeted on the basis that extensions of the prospective Narracoota Volcanic Formation may extend further to the north under the younger sedimentary units of the Bangemall Basin. Evaluation of recently collected airborne magnetic data also indicates excellent potential for large intrusive bodies either of mafic-ultramafic or granitic affinity that have the potential to host a range of deposit types including mafic-ultramafic intrusive related nickel-copper deposits (e.g. Voisey?s Bay (Vale), West Musgrave (BHPB)) and/or Iron Oxide Copper Gold (IOCG) deposits (e.g. Olympic Dam (BHBP))
Talisman has been granted funding up to $200,000 under the WA State Government Exploration Incentive Scheme (EIS) for an initial deep diamond drilling program to test this concept.
During the quarter exploration at the Shelby Project consisted of open file data compilation, field checking and accessing and inspection of historical drill core. In addition, initial deep diamond drilling programs have been designed and submitted for all statutory approvals.
DYOR
Holding Doolgoona others PEK, LSR, SRI, RSL
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