[Talon Metals discovers new copper-nickel ore in Michigan] Talon Metals (TSX:TLO) has discovered a new copper-nickel ore in Michigan, near the Eagle mine of Lundin Mining (TSX:LUN), the only operating nickel mine in the US. Following the news, Talon's stock price increased by nearly 17%.
The company reported that the first drill hole in the Boulderdash area of Michigan's Upper Peninsula revealed nearly 100 meters of copper-nickel mineralization with a grade of 1.6% copper, starting at a depth of 9.1 meters. The company now plans to add more drill holes for further evaluation.
