Member Info for aprogerson

Issued today; https://talonresourcesplc.com/

ATB APR

Issued today; https://talonresourcesplc.com/

ATB APR

TAR raised £2m as part of recent readmission and capital raise. See Metals One RNS for full details: https://otp.tools.investis.com/clients/uk/metals_one_plc/rns/regulatory-story.aspx?cid=2778&newsid=2068912

This was in addition to prior capital raise last Nov-25 with Gunsynd (LSE:GUN) who now hold 10% of TAR (AIM:MET @23-Jun-26) and Metals One who hold 5.57% albeit at recent 1.25p price.

TAR are already WIP on geophysics and drill targeting with 2,000m drill campaign due to start for Q3/4 completion to redrill historical drill holes and produce an MRE. Please read some of prior sample results including 204g/t gold at surface outcrop underpins basis for £7m MCap including £2m cash

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TAR are already WIP on geophysics and drill targeting with 2,000m drill campaign due to start for Q3/4 completion to redrill historical drill holes and produce an MRE. Please read some of prior sample results including 204g/t gold at surface outcrop underpins basis for £7m valuation including £2m cash

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@ZapSnap TAR raised £2m not $1.5m as part of recent readmission and capital raise. See Metals One RNS for full details: https://otp.tools.investis.com/clients/uk/metals_one_plc/rns/regulatory-story.aspx?cid=2778&newsid=2068912

This was in addition to prior capital raise last Nov-25 with Gunsynd (LSE:GUN) who now hold 10% of TAR (AIM:MET @23-Jun-26) and Metals One who hold 5.57% albeit at recent 1.25p price.

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At 1.25p capital raise issue price GUN's 10% share is now worth £628k compared with £170k cost and MCap of £1.55m or approx 40% of NAV !!!

Remarkable that GUN's SP has not moved today given NAV has increased by £458k (or 30% of MCap) today with TAR's listing assuming their SP is 1.25p.

ATBAPR

Gun paid £170k for 10% share of Talon Resources whilst Metals One paid £350k for 5.57% .... nice deal!

>Geophysics done

>drill target selection underway

>2,000m drill programme, contractor secured and drilling in Q4

>historical data to be reprocessed with MAchine learning tool

>£2m recent capital raise completed

>MCap circa £7m with AIM lauch today

>GUN holds 10% share for £170k cost

>Experienced mgt team

> Trenching & re-assay of historical trenching to feed dataset and prove up some VERY high 200+g/t gold intercepts

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Metals One RNS this morning and Proactive investors article ...

https://www.proactiveinvestors.com/companies/news/1094310/metals-one-builds-5-57-stake-in-newly-listed-talon-resources-1094310.html

Metals One invested £350k for 5.57% stake in Talon's recent £2m capital raise

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INVESTMENT HIGHLIGHTS

· Talon Resources PLC has been admitted to trading on AIM, transitioning from a Main Market cash shell to a North American gold exploration company.

· The Company's flagship asset is the 90%-owned Eagle Lake Gold Project, located in Ontario's Dryden Gold District within the prospective Wabigoon Subprovince, comprising 95 contiguous claims covering 1,986 hectares.

· Historical exploration at Eagle Lake returned surface sample results of up to 204 g/t Au, while only 26 shallow drill holes have been completed across the Project area.

· Planned exploration, funded from the Company's existing cash resources, includes geophysical and geochemical surveys, together with an initial 2,000m diamond drilling programme.

· Through its collaboration with MINML, Talon is applying machine learning-assisted targeting to support exploration at Eagle Lake and generate new opportunities across the Wabigoon Subprovince, supporting its broader North American growth strategy.

Talon CEO, Alex King, commented: "Eagle Lake gives Talon a strong platform from which to grow. With high-grade gold at surface, limited historical drilling and a funded exploration programme, we believe the Project offers discovery potential and a pipeline of near-term catalysts.

"Beyond Eagle Lake, our focus is on building a leading North American gold exploration company. Through our partnership with MINML, we are combining technology-led target generation with traditional exploration expertise to identify and evaluate new opportunities capable of creating long-term shareholder value."

TAR just quoted on LSE today and GUN confirmed holding 10% of shares. Go to LSE TAR for full details

Picked up 500k shares as rude not to and looks good opportunity at absurd discount

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@hoffy ... look at Scheelite processing plant #4 on this link to give you an idea https://www.ftmmachinery.com/blog/how-to-process-tungsten-ore.html

GWMO could use existing gravity separation plant to get to an intermediate tungsten concentrate. What we don't know is if GWMO mill JV partner has any otehr kit it can deploy to expand current plant for full processing, but given £value of tungsten GWMO could work with existing plant to fund plant expansion to produce full dried tungsten concentrate.

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@Hoffy existing mill is straightforward gravity separation plant so no flotation for copper or CIL for extra gold/silver recovery. Not familiar with Tungsten plant but minimum gravity separation will allow concentration for offsite processing elsewhere

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@CP ah okay just wanted to make sure I have not missed anything but believe my initial analysis 800m strike x 60m wide x 60m deep base assumption still holds given what we currently know from RNS rather than what we might reasonably (or otherwise) project

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@CP Ok understood AI assumed full 3km strike, but where did the 500m strike width and much deeper depth figures come from ... were they Dough God specific and projected across full 3km strike, if so seems a bit of a stretch?

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@CapabilityPete Thanks for the view around Dough God but not sure how that one area you are indicating is 500m wide can scale upto the full 3km strike length with 500m width when they have (to the best of my knowledge) so far stated 50m wide and 800m strike with a potential to bring in other sites and M2 giving the full 3km. Like you I do believe that the depth will likely be much deeper than the 60m I have supposed but the upcoming drill results will confirm this.

I am quietly confident that my numbers are in fact conservative and I'll be very happy to be proven wrong with higher grades, longer strike and/or much wider/deeper mineralisation from surface.

The observation I will make which has had little discussion is that the mineralisation is AT SURFACE so small scale mining could be quickly established as no cover to remove and width/strike would easily suit an open pit subject to decent access & services being established.

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LOL @Marco good for you

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@Doggy @Chisler If my understanding is correct broker will hold shares against short positions taken by their clients to defray any risk so they are financially neutral themselves.

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@Fairwork LOL, coming on here and gaslighting existing GUN shareholders that WE should be progressing your concerns about Octangonal without any evidenes says a great deal about you and your motives especially as best I can tell your beef dates from 2025. IF you have a ligitimate concern then it needs to be dealt with via the FCA not a GUN chat site on LSE.

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@Marco What about Anglo American (AAL) restart the prior JV with ARC especially as all the work has been done and only broke to to legal impasse which has now been resolved?

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@tbcx I have reported multiple times with evidence so no idea why mods are not acting on this and enforcing their own rules ... perhaps if others report then this rubbish will get taken down???

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