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Talga is in the process of divesting its four 100% owned gold exploration projects in Western Australia. The Company has divested all three Pilbara projects to a subsidiary of Novo Resources (Listed on TSX) and retains a royalty on production. The remaining gold project, Bullfinch, is under an option to purchase agreement.
Located in the Yilgarn region within the highly endowed Southern Cross greenstone belt, Talga's Bullfinch project contains numerous historical gold mines and prospects, with up to 87.5g/t gold in surface rock samples and high historical production grades.
Newly discovered gold-tellurium mineralisation hosted within gneissic rocks, surface rock samples have returned up to 34.6g/t gold (Au), 107.5ppm tellurium (Te) and 1,875ppm bismuth (Bi) at the Harold Holt prospect.
70km by road from 2 operational gold mines with large (>2.2Mta) mills.
The Bullfinch Project is currently optioned out. For enquiries please contact the Perth office on 08 9481 6667.