ROAD TOWN, Tortola, British Virgin Islands, Oct. 20 /CNW/ - Talon Metals
Corp. ("Talon" or the "Company") (TSX: TLO) is pleased to announce that,
further to its September 4, 2008 news release, a National Instrument 43-101
("NI 43-101") technical report has been filed on SEDAR for the Company's 100%
owned Sao Jorge Gold Project in Para State, Brazil.
The technical report, which is entitled "Talon Metals Corp.: Sao Jorge
Gold Project, Para State, Brazil, National Instrument 43-101 Second Technical
Report" and dated September 4, 2008, was prepared by Coffey Mining ("Coffey").
Coffey is an international consulting firm independent of Talon.
As announced in Talon's news release of September 4, 2008, Coffey
reported a mineral resource estimate for the Wilton Zone at Sao Jorge of
343,000 troy ounces of gold in the indicated mineral resource category
(8.334 million tonnes grading 1.3 grams per tonne Au, using a 0.5 grams per
tonne Au cut-off grade) and 458,000 troy ounces of gold in the inferred
mineral resource category (12.576 million tonnes grading 1.1 grams per tonne
Au, using a 0.5 grams per tonne Au cut-off grade).
The "Qualified Person", as such term is defined in NI 43-101, who
prepared the mineral resource estimate is Mr. Bernardo Viana (Member: AIG).
Mr. Viana is independent of Talon and an employee of Coffey.
Talon's exploration programs are managed by Talon's VP Exploration, Mr.
Paulo Ilidio de Brito (Member: AusIMM), who is a "Qualified Person" within the
meaning of NI 43-101.
Talon is a TSX-listed company focused on the acquisition, exploration and
advancement of high quality resource projects. 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$9 million and holds 4,935,500
common shares of Brazauro Resources Corporation, (TSX-V:BZO) and 2,450,000
common shares in Beadell Resources Limited (ASX:BDR).
For further information:
For further 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: email@example.com