# Talon Metals Announces Eagle Mine NI 43-101 Technical Report Results; Provides Highlights and Strategic Takeaways Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0 Original source: https://money.tmx.com/en/quote/TLO/news/6677420637706231/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi Publisher: tmx Original announcement: 2026-04-30T21:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Talon Metals Corp. - Ticker: TLO - Exchange: TSX - Region: Michigan - Primary commodity: Nickel - Secondary commodities: Copper, Cobalt, Gold, Silver, Platinum, Palladium - Document categories: Resource update - Extracted: 2026-09-15 02:54:28 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Talon Metals Corp. announced the results of an independent NI 43-101 Technical Report for its wholly-owned Eagle Mine operation in Michigan, establishing the company's first independent Mineral Resource and Mineral Reserve baseline for the Eagle, Eagle East, and Keel deposits. The report extends the mine plan to the second half of 2030. Updated Mineral Resources include 3.299 million tonnes Measured and Indicated grading 1.28% nickel and 0.97% copper, plus 132 thousand tonnes Inferred. Updated Mineral Reserves total 3.486 million tonnes Proven and Probable, grading 1.06% nickel and 0.82% copper, including approximately 37.10 kt contained nickel and 28.61 kt contained copper. Reasoning: The announcement establishes Talon Metals' first independent NI 43-101 compliant Mineral Resource and Reserve baseline for the Eagle Mine, extending the mine plan to 2030. While the resource confidence is high with a large M&I component, the overall contained metal for nickel and copper is modest. The report provides a clear operational plan and financial outlook for the acquired asset. - Positive factor: First independent resource and reserve baseline for Talon Metals - Positive factor: Mine plan extended to 2030 - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: NI 43-101 compliant and QP signed - Positive factor: Multiple commodities reported - Negative factor: Contained metal for nickel and copper is relatively small compared to global thresholds - Negative factor: No explicit prior resource/reserve figures provided for direct comparison of growth Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 156 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 156. Some facts used in scoring do not have a stored record. ## Resource Estimates (156) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-0) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.21 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.21 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-1) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.4 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.40 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-2) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-3) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.2 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.20 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-4) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 7.35 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 7.35 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-5) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.38 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.38 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-6) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:daba894ec43d506b5176 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.24 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.24 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-7) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.21 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for nickel, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.21 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-8) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.4 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for copper, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.40 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-9) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for cobalt, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-10) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.2 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for gold, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.20 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-11) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 7.35 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for silver, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 7.35 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-12) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.38 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for platinum, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.38 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-13) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dbc7dc323a4585eaaa61 - Deposit or zone: Total Measured - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.24 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured resource for palladium, part of Talon's first independent baseline. - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.24 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-14) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 1.17 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.17 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-15) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 1.26 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.26 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-16) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-17) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 0.18 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-18) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 6.45 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 6.45 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-19) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 0.34 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.34 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-20) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9d5e83a42f6ba5398ac8 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 43000 - Grade: 0.21 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Indicated resource for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.21 Context: 43 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-21) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 1.54 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for nickel at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: Higher nickel grade - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.54 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-22) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 1.29 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for copper at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.29 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-23) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 0.04 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for cobalt at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.04 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-24) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 0.16 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for gold at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.16 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-25) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 5.4 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for silver at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 5.40 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-26) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 0.39 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for platinum at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.39 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-27) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:99522275915f5f158e90 - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 1164000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for palladium at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.27 Context: 1,164 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-28) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 1.14 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for nickel at Keel deposit, part of Talon's first independent baseline and a significant tonnage contributor. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: Largest tonnage component - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.14 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-29) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 0.78 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for copper at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.78 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-30) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for cobalt at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-31) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 0.08 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for gold at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.08 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-32) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 3.12 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for silver at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 3.12 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-33) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 0.2 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for platinum at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.20 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-34) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:79cdcf3fadc3fa45671a - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 2053000 - Grade: 0.14 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for palladium at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.14 Context: 2,053 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-35) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 1.28 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.28 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-36) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for copper, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.97 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-37) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for cobalt, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-38) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.11 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for gold, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.11 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-39) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 3.98 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for silver, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 3.98 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-40) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for platinum, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.27 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-41) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:4952de54cc89cc2a800d - Deposit or zone: Total Indicated - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.18 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for palladium, representing a substantial portion of the overall resource. - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-42) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 1.19 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.19 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-43) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 1.33 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.33 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-44) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-45) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 0.19 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.19 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-46) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 6.88 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 6.88 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-47) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 0.36 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.36 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-48) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:bd4672ad4b7b2ff69232 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 82000 - Grade: 0.22 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Combined Measured and Indicated resource for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Measured and Indicated category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.22 Context: 82 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-49) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 1.28 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.28 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-50) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for copper, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.97 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-51) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for cobalt, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-52) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.11 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for gold, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.11 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-53) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 4.02 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for silver, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 4.02 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-54) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for platinum, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.27 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-55) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:0c5b703795e6c14d1f61 - Deposit or zone: Total M&I - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.19 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for palladium, representing a high confidence level for the project. - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.19 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-56) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.99 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.99 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-57) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.82 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.82 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-58) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.03 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-59) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.09 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.09 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-60) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 3.5 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 3.50 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-61) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.21 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.21 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-62) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:b527a0295df1d1f4fa7b - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 19000 - Grade: 0.14 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.14 Context: 19 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-63) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.92 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for nickel at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.92 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-64) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.69 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for copper at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.69 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-65) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.02 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for cobalt at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.02 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-66) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.06 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for gold at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.06 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-67) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 2.54 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for silver at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 2.54 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-68) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.11 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for platinum at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.11 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-69) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:db594929743a8fbc44a0 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 113000 - Grade: 0.13 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Inferred resource for palladium at Keel deposit, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.13 Context: 113 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-70) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.93 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.93 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-71) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.71 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for copper, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.71 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-72) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for cobalt, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.03 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-73) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.07 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for gold, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.07 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-74) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 2.68 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for silver, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 2.68 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-75) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.13 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for platinum, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.13 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-76) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:c959eadc564269b656dd - Deposit or zone: Total Inferred - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.13 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for palladium, part of Talon's first independent baseline. - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.13 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-77) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 1.16 - Grade Unit: % - Contained Metal: 0.31 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.16 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-78) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 1.36 - Grade Unit: % - Contained Metal: 0.36 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.36 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-79) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.18 - Grade Unit: g/t - Contained Metal: 0.15 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-80) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 6.94 - Grade Unit: g/t - Contained Metal: 5.92 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 6.94 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-81) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.01 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-82) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.35 - Grade Unit: g/t - Contained Metal: 0.3 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.35 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-83) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:98c903e63e430ced196d - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.22 - Grade Unit: g/t - Contained Metal: 0.19 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Proven reserve for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.22 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-84) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 1.04 - Grade Unit: % - Contained Metal: 0.14 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.04 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-85) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 1.08 - Grade Unit: % - Contained Metal: 0.15 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.08 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-86) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 0.15 - Grade Unit: g/t - Contained Metal: 0.07 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.15 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-87) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 5.74 - Grade Unit: g/t - Contained Metal: 2.58 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 5.74 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-88) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-89) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 0.28 - Grade Unit: g/t - Contained Metal: 0.13 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.28 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-90) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:40b91b06a98fef123621 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: probable - Tonnes: 14000 - Grade: 0.18 - Grade Unit: g/t - Contained Metal: 0.08 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Probable reserve for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Probable category indicates good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 14 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-91) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 1.12 - Grade Unit: % - Contained Metal: 0.45 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for nickel at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.12 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-92) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 1.27 - Grade Unit: % - Contained Metal: 0.51 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for copper at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.27 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-93) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 0.22 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for gold at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.17 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-94) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 6.52 - Grade Unit: g/t - Contained Metal: 8.5 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for silver at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 6.52 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-95) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.01 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for cobalt at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-96) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 0.32 - Grade Unit: g/t - Contained Metal: 0.42 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for platinum at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.32 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-97) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:d4e648662587bfe9f7a7 - Deposit or zone: Eagle - Mining method: underground #### Resource Data - Category: proven - Tonnes: 41000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 0.27 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for palladium at Eagle deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.20 Context: 41 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-98) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 1.31 - Grade Unit: % - Contained Metal: 15.15 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for nickel at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: Significant tonnage and contained metal - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.31 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-99) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 1.09 - Grade Unit: % - Contained Metal: 12.61 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for copper at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: Significant tonnage and contained metal - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.09 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-100) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 0.13 - Grade Unit: g/t - Contained Metal: 4.99 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for gold at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.13 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-101) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 4.62 - Grade Unit: g/t - Contained Metal: 171.7 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for silver at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 4.62 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-102) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.4 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for cobalt at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-103) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 0.33 - Grade Unit: g/t - Contained Metal: 12.2 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for platinum at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.33 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-104) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:7d8ffe38a78a5acde2be - Deposit or zone: Eagle East - Mining method: underground #### Resource Data - Category: probable - Tonnes: 1155000 - Grade: 0.23 - Grade Unit: g/t - Contained Metal: 8.36 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for palladium at Eagle East deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.23 Context: 1,155 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-105) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.94 - Grade Unit: % - Contained Metal: 21.5 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for nickel at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: Largest tonnage and contained metal component - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.94 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-106) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.68 - Grade Unit: % - Contained Metal: 15.48 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for copper at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: Significant tonnage and contained metal - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.68 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-107) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.07 - Grade Unit: g/t - Contained Metal: 5.52 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for gold at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.07 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-108) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 2.71 - Grade Unit: g/t - Contained Metal: 199.4 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for silver at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 2.71 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-109) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.59 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for cobalt at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-110) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.17 - Grade Unit: g/t - Contained Metal: 12.8 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for platinum at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.17 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-111) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:680db908cfda2f8aff17 - Deposit or zone: Keel - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2290000 - Grade: 0.12 - Grade Unit: g/t - Contained Metal: 8.81 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Sub Total Proven and Probable reserve for palladium at Keel deposit, part of Talon's first independent baseline. - Positive factor: Combined Proven and Probable category provides good confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.12 Context: 2,290 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-112) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 1.16 - Grade Unit: % - Contained Metal: 0.31 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for nickel, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.16 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-113) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 1.36 - Grade Unit: % - Contained Metal: 0.36 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for copper, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.36 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-114) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.18 - Grade Unit: g/t - Contained Metal: 0.15 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for gold, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-115) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 6.94 - Grade Unit: g/t - Contained Metal: 5.9 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for silver, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 6.94 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-116) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.01 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for cobalt, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-117) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.35 - Grade Unit: g/t - Contained Metal: 0.3 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for platinum, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.35 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-118) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:95c9d120a2cc2ab23927 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 27000 - Grade: 0.22 - Grade Unit: g/t - Contained Metal: 0.19 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven reserve for palladium, part of Talon's first independent baseline. - Positive factor: Proven category indicates highest confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.22 Context: 27 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-119) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 1.06 - Grade Unit: % - Contained Metal: 36.79 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for nickel, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.06 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-120) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 0.82 - Grade Unit: % - Contained Metal: 28.25 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for copper, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.82 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-121) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 0.09 - Grade Unit: g/t - Contained Metal: 10.57 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for gold, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.09 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-122) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 3.36 - Grade Unit: g/t - Contained Metal: 373.6 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for silver, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 3.36 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-123) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 0.03 - Grade Unit: % - Contained Metal: 0.99 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for cobalt, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-124) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 0.23 - Grade Unit: g/t - Contained Metal: 25.2 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for platinum, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.23 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-125) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:800daf1e3411c83bc470 - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: probable - Tonnes: 3459000 - Grade: 0.16 - Grade Unit: g/t - Contained Metal: 17.3 - Contained Unit: koz - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Probable reserve for palladium, representing a substantial portion of the overall reserve. - Positive factor: Significant tonnage in Probable category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.16 Context: 3,459 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-126) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:4382b2f04fb87c6ec77a - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 3486000 - Grade: 1.06 - Grade Unit: % - Contained Metal: 37.1 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven and Probable reserve for nickel, representing the overall economic viability of the project. - Positive factor: High confidence in total Proven and Probable reserves - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.06 Context: 3,486 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-127) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: reserve - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Bill Bagnell, Brian Thomas, Ibrahim Karajeh, David Jin, Khalid Mounhir, James Smith, Jason Obermeyer, Devin Castendyk, Emilie Williams - Resource group id: resource:4382b2f04fb87c6ec77a - Deposit or zone: Total - Mining method: underground #### Resource Data - Category: proven - Tonnes: 3486000 - Grade: 0.82 - Grade Unit: % - Contained Metal: 28.61 - Contained Unit: kt - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Proven and Probable reserve for copper, representing the overall economic viability of the project. - Positive factor: High confidence in total Proven and Probable reserves - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.82 Context: 3,486 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-128) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.21 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.21 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-129) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 1.4 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.40 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-130) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-131) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.2 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.20 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-132) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 7.35 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 7.35 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-133) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.38 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.38 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-134) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:dd66a70e597c7036416b - Mining method: underground #### Resource Data - Category: measured - Tonnes: 39000 - Grade: 0.24 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Measured resource for nickel at Eagle deposit, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Measured category indicates high confidence - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.24 Context: 39 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-135) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 1.28 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.28 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-136) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.97 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-137) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-138) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.11 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.11 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-139) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 3.98 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 3.98 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-140) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.27 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-141) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:222acce5786e91c7198c - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3260000 - Grade: 0.18 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Indicated resource for nickel, representing a substantial portion of the overall resource. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Indicated category - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.18 Context: 3,260 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-142) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 1.28 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 1.28 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-143) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.97 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.97 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-144) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.03 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-145) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.11 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.11 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-146) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 4.02 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 4.02 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-147) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.27 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.27 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-148) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:d357e8bc02f2824e42ac - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 3299000 - Grade: 0.19 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Measured and Indicated resource for nickel, representing a high confidence level for the project. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High Measured and Indicated percentage \(96.15%\) - Positive factor: Significant total M&I tonnage - Positive factor: First independent baseline for Talon Metals Evidence · table > 0.19 Context: 3,299 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-149) Eagle Mine · nickel #### Identity - Project: Eagle Mine - Commodity: nickel - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.93 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.93 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-150) Eagle Mine · copper #### Identity - Project: Eagle Mine - Commodity: copper - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.71 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.71 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-151) Eagle Mine · cobalt #### Identity - Project: Eagle Mine - Commodity: cobalt - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.03 - Grade Unit: % - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.03 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-152) Eagle Mine · gold #### Identity - Project: Eagle Mine - Commodity: gold - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.07 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.07 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-153) Eagle Mine · silver #### Identity - Project: Eagle Mine - Commodity: silver - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 2.68 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 2.68 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-154) Eagle Mine · platinum #### Identity - Project: Eagle Mine - Commodity: platinum - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.13 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.13 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/talon-metals-announces-eagle-mine-ni-43-101-technical-report-results-provides-hi--0a3fb73f-b112-41d5-acff-73de369de0f0#fact-resource-facts-155) Eagle Mine · palladium #### Identity - Project: Eagle Mine - Commodity: palladium - Region: michigan - Reported Region: Michigan - Ticker: TLO #### Resource scope - Estimate type: resource - Effective date: 2026-02-28T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Brian Thomas - Resource group id: resource:9a7a7e06365c6918009c - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 132000 - Grade: 0.13 - Grade Unit: g/t - Cutoff Grade: 150.61 - Cutoff Unit: US$/t #### Prior Estimate - Resource Date: 2026-02-28 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-30T00:00:00.000Z Reasoning: Total Inferred resource for nickel, part of Talon's first independent baseline. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: First independent baseline for Talon Metals - Negative factor: Inferred category indicates lower confidence Evidence · table > 0.13 Context: 132 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.