1 October 2026
Talon Resources plc
(“Talon” or the “Company”)
Maiden Drilling Programme Completed at Eagle Lake
Core submitted for assay with results to be reported as received
Talon Resources plc (AIM: TAR), the North American gold exploration company, is pleased to announce the completion of its maiden diamond drilling programme at the Eagle Lake gold project in Ontario, Canada ("Eagle Lake" or the "Project").
The programme, which commenced in early September 2026, comprised 12 holes totalling 1,169 metres across the Company's priority target areas at East Fornieri Bay, West Fornieri Bay, Cedar Trench and Moss Knoll.
Drill core is currently being logged and cut, with samples to be submitted for assay at Activation Laboratories Ltd’s (‘ActLabs’) certified facility in Dryden, approximately 25 kilometres from Eagle Lake. Assay results will be announced in batches as they are received and incorporated into the Company's geological model alongside existing exploration data and MINML's PRISM machine-learning analysis to inform the next phase of exploration at Eagle Lake.
Alex King, Chief Executive Officer, commented: “Just three months after starting exploration at Eagle Lake, we have completed our maiden drill programme across four priority targets. The drill core is now being logged and cut ahead of submission for assay, and we look forward to confirming what lies beneath the encouraging mineralisation we have already identified at surface. The results should give us a much clearer picture of the geology and mineralisation at depth and help inform our next drilling programme.”
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for this announcement.
-ENDS-
Enquiries
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Talon Resources plc https://www.talonresourcesplc.com |
Alex King, CEO |
Tel: +44 (0)203 475 6834 |
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Cairn Financial Advisers LLP Nominated Adviser |
Louise O’Driscoll / Ludovico Lazzaretti |
Tel: +44 (0)207 213 0880 |
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Bowsprit Partners Limited Broker |
James Sheehan |
Tel: +44 (0)20 3 883 4430 |
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St Brides Partners Ltd Financial PR |
Isabel de Salis / Susie Geliher |
talon@stbridespartners.co.uk |
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NOTES
Talon Resources plc (AIM: TAR) is a gold exploration company focused on high-impact discovery opportunities across North America. Its initial asset is the Eagle Lake gold project in Ontario’s Wabigoon Subprovince, where it holds a 90% interest in a land package with multiple high-grade gold targets and significant exploration upside. Through its collaboration with MINML, Talon is also generating new targets across the Wabigoon Subprovince using machine learning-assisted prospectivity mapping, while continuing to evaluate additional opportunities elsewhere in North America.
Forward-Looking Statements
This announcement may contain forward-looking statements. These statements are made by the Directors in good faith based on the information available to them at the time of their approval of this announcement and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.