Talon Metals Corp. announced that it has begun mineral exploration drilling in the Upper Peninsula of the State of Michigan, fulfilling one of the key initiatives of its 2024 exploration plan. In 2022, Talon entered into an option and earn-in agreement with UPX Minerals Inc. to acquire up to an 80% ownership interest in the mineral rights over a land package comprised of approximately 400,000 acres located in the Upper Peninsula of the state of Michigan.

The Company also has rights to explore certain other properties in Michigan that are not subject to the UPX Option Agreement, including approximately 23,000 acres of State mineral leases. Highlights. Drilling commenced in Michigan and Ongoing in Minnesota: Talon has mobilized an inhouse exploration team of geologists, geophysicists, and drill crew to the Talon Michigan Nickel-Copper Properties, complementing ongoing exploration at the Tamarack Nickel Project in Minnesota.

One drill rig is now active in Michigan. Strategic Location: Talon's land package in Michigan is located within 1.7 miles (2.8 km) of the high-grade Eagle Nickel Mine, the only active nickel mine in the USA, and just 0.4 miles (0.6 km) from the Humboldt Mill. Initial Geophysics Completed and Drilling started at the Roland Target: In May 2024, ahead of schedule, Talon commenced geophysical surveys at three high priority targets.

Following this initial geophysical work, Talon has now commenced exploration drilling at the Roland Target. High-Grade Potential: Talon will be following up on historic drilling of over 80 holes across the Talon Michigan Nickel- Copper Properties, that resulted in grades similar to the high-grade Eagle Mine and the Tamarack Nickel Project. Nearly 50% funded by the US Department of Defense (DOD): In September 2023, Talon and the US Department of Defense announced that the US Department of Defense would provide USD 20.6-million for accelerated exploration in Minnesota and Michigan, nearly doubling Talon's exploration budget.

Nearly 50% of the costs Talon is incurring in Michigan will be refunded by the Department of Defense. Community and Tribal Engagement: Talon is committed to engagement, transparency and information sharing with the local communities where the Company operates and with proximate tribal sovereign governments. Talon has kicked off quarterly community meetings in the region where the Company is exploring in Michigan, hired a local Community and Tribal Engagement Liaison (Cody Mayer) and initiated information sharing with the proximate tribal sovereign government.

Talon believes that the process of conducting mineral exploration is fundamentally a process of understanding what resources may be in the ground.