Talisman Metals PLC
14 September 2026
RNS Number: 5089U
Talisman Metals PLC
14 September 2026
Talisman Metals PLC
("Talisman" or the "Company")
Tirzzit Drill Campaign Update
Talisman Metals PLC ("Talisman" or the "Company") provides an update on its ongoing drill program at Tirzzit (see press release of 2 September 2026). As of September 11, 187 meters have been drilled, out of the anticipated 2,770m programme, and the campaign has intersected copper mineralisation by way of visible malachite (a copper-bearing mineral) in the RC drilled material (see Picture 2 and Table 1). The Company plans to send the first batch of samples for assay analysis in the next week, with results available within four to six weeks from then.
Pictures 1 & 2: RC drill rig in action and malachite (green) in panned material from drill hole #1
Tim McCutcheon, Talisman's CEO stated: "We just started our drill programme, and we are already intersecting visual copper mineralisation within the Tirzzit sediment-hosted deposit. There is still quite a lot of work ahead, but to start off the campaign this way is very satisfying. The team is working smoothly, the pace of drilling is set to accelerate and we look forward to reporting our first assay results as they become available."
Table 1: RC drill hole location and description, all holes vertical
Map 1: To-date completed drill hole locations
QA/QC Protocols
Talisman Metals PLC followed industry standard procedures for the work carried out on the Tirzzit Copper Project, incorporating a quality assurance/quality control (QA/QC) program. Blank, duplicate, and standard samples were inserted into the sample sequence and will be sent to the laboratory for analysis. No significant QA/QC issues were detected during the review of the data. Talisman Metals PLC is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.
About the Tirzzit Project
The Tirzzit Project is a sediment-hosted stratiform Cu-Ag system, located 225km east of the city of Agadir, Morocco. The acquisition transaction of the Project was announced February 16, 2026 (see press release) from a wholly owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF) ("Aya"), the Company's 4.7% shareholder. The Tirzzit Project consists of two mining licenses covering a surface area of 16.5km2. Historic drilling results, as reported by Moroccan Government agency Bureau of Research and Mining Participations (BRPM) between 1972 and 1976 ("BRPM Reports"), include drill intersections of 3.16% Cu over 2.5m and 0.60% Cu over 11.4m. Presently the Company is reviewing the extensive BRPM Reports and past collected geophysical data for exploration planning slated to commence in 3Q2026. Talisman continues to process with Aya the formal transfer of the Tirzzit licences on the back of the sale agreement announced February 16, 2026.
Qualified Person
The information in this news release was compiled, reviewed, verified and approved by Mr. Michael Dufresne, M.Sc., P.Geol., P.Geo., a "Qualified Person" as defined in JORC 2012. Mr. Dufresne has 35 years' experience in exploration for metals and minerals of this mineralisation type, style and geological setting and is an independent qualified person as defined under the JORC code and the AIM Rules for Companies. Mr. Dufresne consents to the inclusion in this announcement of the technical matters based on his information in the form and context in which it appears
End
For further information:
Talisman Metals PLC
Tim McCutcheon (Chief Executive Officer and Director)
Tel +353 (0) 1 525 6710
contactus@talismanmetalsplc.com
Beaumont Cornish Limited (Nominated Adviser)
James Biddle / Roland Cornish
Tel: +44 (0) 207 628 3396
CMC Markets UK Plc (Broker)
Thomas Smith / Thomas Curran
Tel: +44 (0) 20 3003 8255
BlytheRay (Financial PR)
Megan Ray / Said Izagaren
Tel: +44 (0) 20 7138 3204
JORC Code (2012) - Historical Exploration Results Disclaimer
The information in this announcement that relates to historical reported exploration results is based on, and fairly represents, information and supporting documentation prepared by previous operators and/or extracted from historical reports.
The historical exploration results referred to in this announcement were reported prior to the introduction of the JORC Code (2012) and have not been reported in accordance with the JORC Code (2012).
A Competent Person has not done sufficient work to disclose the historical exploration results in accordance with the JORC Code (2012). It is possible that following further evaluation and/or exploration work, the accuracy and reliability of the historical exploration results may not be confirmed.
The Company has not independently verified the historical exploration results, and no assurance can be given that future exploration work will result in the confirmation or upgrade of the historical results to JORC Code (2012) compliant Mineral Resources or Ore Reserves.
The Company considers the historical exploration results to be relevant as they provide an indication of the potential of the project. However, the information should not be relied upon as a representation of the current mineral resource or exploration potential.
Technical Glossary
|
Ag |
Silver |
|
Basal Series |
A stratigraphic layer within a sediment basin that has properties conducive to hosting mineralisation. |
|
Cu |
Copper |
|
"EOH" |
End of Hole |
|
Malachite |
A secondary copper carbonate hydroxide mineral (Cu₂CO₃(OH)₂), typically bright green in colour, formed by the weathering and oxidation of primary copper sulphides. It commonly occurs as coatings, vein fillings, or disseminations in the oxidised zones of copper deposits and is widely used as an indicator of near-surface copper mineralisation. |
|
Reverse Circulation ("RC") drilling |
A fast, cost-effective method for collecting rock samples. Compressed air is pumped down the annulus (the space between inner and outer drilling tubes), while pulverised rock cuttings are forced back up through the inner tube to the surface. This "reverse" flow is what gives the method its name and ensures dry, uncontaminated samples suitable for analysis. |
About Reach Announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ENDRNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.