Talisman Metals (AIM:TLM) has mobilised drilling contractor Geosond Maroc SARL to begin a roughly 3,000-metre reverse circulation drilling programme at its Tirzzit copper project in Morocco.
The AIM-listed exploration company expects drilling to start in the first week of September and run for approximately six weeks.
The bulk of the programme is designed to establish mineralisation data points along the full strike of the basal series, a target zone the company outlined in press releases on 29 May, 23 July and 7 August.
A portion of the drilling will also test aggressive step-outs along the projected strike horizon, extending beyond the areas already characterised.
Laboratory assay results are expected to begin arriving towards the end of the drilling campaign, with further results following over subsequent weeks as samples are processed.
The next marker for investors is the completion of drilling in mid-October, followed by the staggered release of assay data.
News Intelligence what this means for the company
Talisman Metals has mobilised a 3,000-metre reverse circulation drilling programme at Tirzzit, starting early September for roughly six weeks, with assay results trickling in from late in the campaign through mid-October. This is the first drill test of the basal series target zone and the eastward extension that the company identified in July, moving from surface sampling (which had flagged QA/QC concerns with certified reference materials) into subsurface definition—a material step for an early-stage exploration play, but one whose outcome remains entirely open.
Drilling execution is now the key near-term catalyst; success or failure will depend on whether the basal series and the extended zone contain economic grades and thickness at depth. The staggered assay release over weeks rather than a single announcement means volatility may be front-loaded to early results, and any QA/QC issues from surface sampling could resurface if downhole samples show unexpected patterns.
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