Talisman Mining (ASX:TLM) has begun an ‘extensive’ auger drilling program across the Central Lachlan Copper-Gold Project in New South Wales, Australia.
The program will test basement geochemistry across targets generated by regional geophysical surveys and to also undertake conceptual structural analysis in areas of shallow post-mineral cover.
Drilling is planned to be conducted across multiple target areas on exploration licences (EL) 8414, 8571, 8677, 8658, 8659, and 8719. A total of 5,500 auger holes are currently planned.
Talisman reports the program is being conducted with Talisman’s in-house drill rig purchased in 2022, as well as analytical technology. These include initial geochemical analysis, allowing for increased productivity, safety, and efficiency.
Reverse circulation (RC) drilling and ground geophysical programs are continuing, with the aim being to establish vectors towards mineralisation and systematically test priority targets.
Commenting on the drill program, Talisman Mining Chief Executive Officer (CEO) Shaun Vokes says: “It is great to see solid exploration progress on several fronts across our Central Lachlan Project after the weather delays of last year. RC drill testing of identified targets in parallel with ground geophysics to firm up additional targets is progressing well.
“RC drill testing of identified targets in parallel with ground geophysics to firm up additional targets is progressing well”
The ability to conduct our geochemical programs utilising our own equipment and personnel provides Talisman with much greater flexibility and increases our ability to validate targets using geochemistry in a much shorter timeframe. This provides us with a strong pipeline of targets so we can keep the RC rig turning and potentially shorten our discovery timeline.”
Talisman notes that the program is estimated to take between 4-5 months to complete, contingent on final hole depths across each program, with analysed samples providing a pipeline of ongoing geochemical anomalies for further work.
Talisman Mining is an Australian mineral development and exploration company focused on gold and base metals.
The company’s key asset is the Central Lachlan project which covers an extensive strike extent along the Gilmore Suture within the richly mineralised Cobar/Mineral Hill region in Central New South Wales.
Images: Talisman Mining Ltd
