Morning Briefing: Talon Metals Drill Longest Massive and Mixed Massive Sulphide Intercept Ever at Tamarack

0:02Good morning and welcome back to the Mining Stock Daily Morning Briefing presented by the Clear Commodity Network, and delivering today's top news in mining and mineral exploration. From the new ClearCom Studios, here's your host, Trevor Hall. Good morning, everybody. Welcome back to the Mining Stock Daily Morning Briefing. It's Thursday, September 10th, and gold's pulling back this morning down about 0.5 % to$4 ,373 an ounce. Silver is off sharply as well, down 2.5 % to$65.55 The biggest move is in Copper, which is under significant pressure today, off 4.7 % to$6.48 But on the energy side, Brent crude is pushing further above$100 It's up almost 3 % to$1.04 a barrel With Brent trading above that$100 level, the question is how consumers are responding at the pump.

1:02And Casey's General Stores provided some useful color on that yesterday, shared with our friend Peter Buchvar this morning. The convenience store chain noted it is seeing exactly the behavior you would expect at these prices. Consumers are making more trips to fill up, but buying fewer gallons per visit. and they are trading down out of premium and mid-grade into regular or higher ethanol blends like E15 and E85. On the bond market side, Treasury Secretary Scott Besant is taking an aggressive posture. The Treasury announced it will buy back up to$6 billion in longer-dated government debt. That's triple the normal size of these operations as Besant looks to put a ceiling on long-term borrowing costs.

1:48In a comment that has gotten considerable attention at the trading desks, Besant told an audience in Dallas, quote, I am the house now. It's a direct challenge to anyone betting against his interventions. Ten-year yields moved higher after the announcement, suggesting investors are not fully convinced. We'll get to the news out of the miners and explorers here in just a moment, but first a mention of today's sponsor. this morning briefing is brought to you by revival gold revival gold is a u.s focused gold developer advancing two advanced stage projects in western united states the flagship mercury gold project in utah is a formerly producing heap leach operation in the historic tintic mining district now being aggressively drilled toward a preliminary feasibility study targeted for Q1 of next year.

2:39And it has a 2025 PEA already in hand demonstrating strong economics at current gold prices. Revival also holds the Beartrack Arnett Gold Project in Idaho. It's one of the larger undeveloped gold deposits in the United States. They trade on the venture exchange with RVG and on the OTCQX with RVLGF.

3:06And here's what you need to know this morning. Tocfin Ventures has released results from 10 new holes confirming gold-silver mineralization along the 1300-meter El Mesquite trend at its Grand Pillar project in Sonora, Mexico, led by hole 162, which returned 247 meters from surface, grading 0.1 grams per ton gold and 2.61 grams per ton silver. That included 10.6 meters of 0.43 grams per ton gold. The trend sits 1.6 to 1.9 kilometers from the planned pilot heap leach facility with existing road access, and first gold silver dore is targeted in Q4 of this year. Tocvan Ventures trades on the CSC as TOC and on the OTCQB with TCVNF.

3:591911 Gold has reported high-grade results from the L10 zone at its True North Gold project in Manitoba. intersecting 10.7 grams per ton gold over 8.9 meters and 50.6 grams per ton gold over 1.6 meters, with the results confirming a structural link to the larger 7-10-7-11 zone. The company is advancing true north towards a 2027 production with underground development now underway and is backed by over$35 million bought deal that closed in July. 1911 gold trades on the TSX Venture Exchange with AUMB and on the OTCQX with AUMBF. Gold X2 Mining has delivered the first two results from its 21-hole QES Deeps campaign at the Moss Gold Project in Northwest Ontario, with hole 474 returning 173 meters of 0.89 grams per ton gold from a depth of 685 meters.

5:04Hole 465 returned 227 meters of 0.73 grams per ton. Both of those holes were drilled 75 to 100 meters below the current open pit shell. The results demonstrate that the core shear zone extends meaningfully at depth, pointing to real expansion potential below the existing resource. Goldex II mining trades on the NYSE American and the TSX Venture Exchange, both with the symbol AUXX. Hemlo Mining has reported new high-grade results from the South Rim Zone at the Hemlo Gold Mine in Ontario. Those included 89.9 grams per tonne gold over 3 meters and 14.81 grams per tonne over 10 meters, with drilling now confirming approximately 500 meters of mineralization within the interpreted 1.5 kilometer zone, just 50 to 150 meters from the active C-zone infrastructure.

6:01None of these results were included in the June resource estimate, meaning the entire South Rim body is additive to future resource growth. Hemlo Mining trades on the TSX as HMMC and on the OTCQX with HMMCF. Sierra Madre Gold and Silver has completed commissioning of twin 1 ,500 kW diesel generators at the producing La Guitara Silver Gold Complex in Mexico, eliminating a production bottleneck that cost the company 278 hours of lost output to grid power outages in the first eight months of the year. The company's COO has said the financial impact of these outages is now expected to be behind them.

6:47Sierra Moderate Gold and Silver trades on the Venture Exchange as SM and on the OTCQX with SMDRF. Copernico Metals has signed a Phase II drilling contract with AK Drilling for a minimum 5 ,000 meter program at the Sombrero Copper Gold Project in Peru, targeting the Fiorazo Copper Scarn across a 57 ,000 hectare land package. Mobilization follows final government authorization expected in the coming months, with strategic backer tech resources holding a 9.9 % stake in the company. Copernico trades on the TSX as COPR and on the OTCQB with CPPMF. Cabral Gold has announced the first gold pour at its Cuyucuyo Phase 1 mine in the region of Para, Brazil, producing approximately 1 ,130 ounces of gold dore and making Cuyo Cuyo the newest producing gold mine in Brazil.

7:50Commissioning is nearing completion ahead of schedule and the company is focused on ramping to 3 ,000 tons per day stacking with commercial production targeted by year end. Cabral Gold trades on the venture exchange with CBR and on the OTC QX with CBG ZF. And last night, Talon Metals released assay results from the vault zone, and it intercepted at the Tamarack Nickel Copper Cobalt Project in Minnesota, with the hole returning 13.37 % nickel, 16.5 % copper, 0.1 % cobalt, and precious metals across the interval of 46.5 meters. It all goes with a combined grade of 54.78 % copper equivalent. That's the longest massive and mixed massive sulfide intercept ever reported at Tamarack.

8:49The hole is drilled approximately 50 meters southwest of the vault zone discovery hole and continues to expand a system that Talon is actively step out drilling at depth and laterally. Talon Metals trades on the TSX with TLO and on the OTC market with TLOFF. All right, that's a wrap here this morning on the morning briefing. It'll be it for the week of the morning briefing. We'll be back later today with corporate updates and then tomorrow's long form. The Mining Stock Daily Morning Briefing is produced by Clear Commodity Network. It is distributed throughout the world through your podcast network of choice and at clearcommodity.net.

9:30Have a wonderful day, everybody. Be well. The information presented should not be considered investment advice. Mining Stock Daily and its affiliates are not responsible for any loss arising from any investment decision in connection with the material presented herein. Please do your own research or speak with a licensed financial representative before making any investment decisions.