Talon Metals Files Updated NI 43-101 Report On The Trairão Iron Project On Sedar
About the Trairão Iron Project
The Trairão Iron Project is situated within the Serra da Seringa Archean age greenstone belt, within the Carajás Mineral Province in Brazil, which also hosts numerous other iron ore deposits. The Trairão Iron Project comprises eight exploration licences and four applications for exploration licences, for a total area of 77,390 hectares (191,234 acres). The primary protore iron mineralization in the project area is magnetite-rich banded iron formations ("BIFs"). The BIFs are associated with positive magnetic anomalies and are preserved in thirteen discreet areas with a cumulative strike length of some 50 kilometres, which mostly form prominent ridges locally capped by preserved supergene enriched hematite deposits, which are developed in colluvial and saprolite zones.
About Talon
Talon is a TSX-listed company focused on the exploration and development of the Trairão Iron Project. The Company has a well-qualified exploration and management team with extensive experience in exploration and project management.
Talon has a treasury of approximately CDN$8 million and has 80,272,437 common shares outstanding and 88,081,437 shares on a fully diluted basis, not including the $25 million equity financing announced on April 8, 2011 which has not yet closed.
For further information:
For additional information on Talon please visit the Company's website at www.talonmetals.com or contact:
Erica Belling
VP Investor Relations
Tau Capital Corp.
Tel: (416) 361-9636 x 243
Email: ebelling@taucapital.com