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Talon Metals Corp. - $TLOFF STOCK NEWS

Welcome to our dedicated page for Talon Metals news (Ticker: $TLOFF), a resource for investors and traders seeking the latest updates and insights on Talon Metals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Talon Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) commends the Biden Administration for new draft rules supporting domestic nickel preference and enforcement mechanisms for the Section 30D tax credit. The company is the majority owner of the Tamarack Nickel Project in central Minnesota and has received an award under the Bipartisan Infrastructure Law's Battery Materials Processing and Battery Manufacturing and Recycling Grants.
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Talon Metals Corp. (TSX: TLO) (OTC Pink:TLOFF) reports new holes drilled at the Tamarack Nickel Project in central Minnesota, with 14 of the 20 exploration drill holes intersecting high-grade nickel-copper mineralization outside of the Tamarack Nickel Project's resource. The Tamarack Nickel Project continues to show significant high-grade nickel-copper growth potential with multiple areas still open to expansion. Notable drill holes include 22TK0431 and 22TK0435, which intersected high-grade massive sulphides proximate to the CGO East area, and drill holes 22TK0421 and 22TK0424 in the CGO West area. Talon's drill crews have reached three years without a recordable incident or injury.
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0.6%
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Rhea-AI Summary
Talon Metals Corp. (TSX: TLO) Reports Net Loss for Q3 2023, Capitalized Exploration Costs Reach $194.1 Million
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Talon Metals Corp. has signed a definitive agreement with the US Department of Energy for $114,846,344 in grant funding to build a battery minerals processing facility in Mercer County, North Dakota. The facility will expand and secure the US domestic manufacturing of electric batteries for EVs and grid storage. Talon has commitments to engage with the local community, develop a diverse workforce, and seek input from tribal sovereign nations. The facility will process ore from multiple sources in North America and produce nickel in concentrate for Tesla.
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4.17%
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Talon Metals Corp. continues to progress its discovery of high-grade nickel mineralization in the United States with new drill results from the Raptor Zone. The results include a 139% increase in the thickness of mineralization compared to the previous drill hole. Talon has received a grant of US$20.6 million from the US Department of Defense to support and accelerate exploration efforts. The Company is extremely encouraged by the positive results in the Raptor Zone. Additional drilling is planned to expand the mineralization in this new area.
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1.56%
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Talon Metals Corp.'s CEO to participate in IEA Critical Minerals Conference, emphasizing the need for responsible mineral extraction for clean energy systems.
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-3.38%
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Talon Metals Corp. secures US$20.6 million in DOD funding to accelerate efforts in discovering domestic supply of nickel for US battery manufacturing and defense supply chains. Department of Defense will contribute 50% of the funding over 39 months. Talon aims to challenge Chinese and Russian dominance in nickel supply for clean energy systems. Positive for Talon's stock.
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8.38%
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Talon Metals Corp. successfully drills high-grade nickel-copper mineralization at the Tamarack Nickel Project
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8.79%
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Talon Metals Corp. reported a net loss of $0.6 million for the three months ended June 30, 2023, primarily due to administration expenses. The net loss for the six-month period ended June 30, 2023, was $1.2 million. Capitalized exploration costs for the three months ended June 30, 2023, amounted to $10.7 million.
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-1%
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Rhea-AI Sentiment
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1.86%
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Talon Metals Corp.

OTC:TLOFF

TLOFF Rankings

TLOFF Stock Data

88.77M
621.52M
18.59%
19.01%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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