Talon Metals Reports Positive Drill Results at Tamarack Project in Minnesota
Talon Metals announced new drilling results from the Tamarack nickel-copper-cobalt project in Minnesota, indicating potential expansion of the Vault zone. The stock price increased 4.1% to $9.16, the highest in over 14 years, following the report. Significant assay results included hole 25TK0563C, which cut 15.23 meters of high-grade mineralization. A feasibility study and environmental assessment are expected by mid-2026. Talon holds a 51% stake in Tamarack, with Rio Tinto owning the remainder.
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Talon Metals' drilling results from the Tamarack project in Minnesota support the expansion of the Vault zone. Hole 25TK0563C intersected 15.23 meters grading 7.82% nickel and significant amounts of copper, cobalt, palladium, platinum, and gold.
Following this announcement, Talon shares rose 4.1% to $9.16, boosting market value to about $1.4 billion. The company plans to release a feasibility study and an environmental assessment by June 30, 2026.
Talon owns 51% of Tamarack, while Rio Tinto holds the remaining stake. Ongoing drilling aims to further explore the Vault zone's high-grade mineralization.
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