Talisman Mining Limited (ASX: TLM) has announced that it is about to embark on a 2023 drilling campaign at its wholly owned Lachlan Copper-Gold Project in NSW.
Drilling will commence at the project’s Bonzer VTEM anomaly, being the first target tested, in what is expected to be the largest and most important drill campaign undertaken to date at the company’s Central Lachlan Project.
The upcoming drilling will systematically test a series of highly prospective conductive and gravity high anomalies identified from the regional-scale VTEM Max Airborne Electro-Magnetic (AEM) and FALCON Airborne Gravity Gradiometry (AGG) geophysical surveys, conducted across the Central Lachlan Project as part of Talisman’s 2022 exploration programmes.
This phase of drilling represents the first test of the geophysical targets generated from the 2022 AEM and AGG surveys and will provide an important proof-of-concept of the company’s strategy of fast-tracking exploration activities by utilizing newly acquired, high-quality, regional datasets to target areas most likely to return a new mineral discovery.
The Bonzer VTEM Anomaly, located to the north-east of the Kaolin Shaft Gold Prospect in a known mineralized zone, is a concealed highly conductive anomaly identified by Talisman’s 2022 regional AEM survey. The anomaly is located adjacent to the intersection of two regional-scale structures in a zone interpreted to have significant fracturing, facilitating the conduit of mineralized fluids.
It is thought that the conductive response is indicative of sulphide mineralization associated with hydrothermal fluid flow after fracturing and deformation. A total of 12 targets will be tested as part of the current programme across five exploration licences for an initial 10,000m of drilling.
Additional drilling has been provided for within regulatory approvals for the current drilling programme.
Talisman has received the required regulatory approvals for nine of the 12 target areas from the relevant NSW Government authorities and anticipates receiving the remaining approvals in due course, allowing it to progress drilling sequentially across all the planned areas. Regulatory approvals have been planned and submitted based on drilling success to allow immediate follow-up of positive drill results.
To find out more, please visit www.talismanmining.com.au
