Brian Goldner of Talon Metals Corp. presents at Metals Investor Forum in Vancouver | Sep 2026
Metals Investor Forum Sep 25, 2026 10:39
Summary
Talon Metals bought the Eagle Mine — the only US nickel mine — extending its life to 2030 while permitting its Tamarack project in Minnesota.
New Tamarack drilling cut 51 meters of massive sulfide (dense metal-rich rock) running 12% nickel, 15% copper and 8 grams gold.
The speaker cites $175 million in US government grants, a Tesla offtake (a contract to buy future concentrate), and a Rio Tinto joint venture.
Tamarack ore will now be processed at the nearly 70-year-old Humboldt Mill in Michigan, replacing an earlier North Dakota processing plan.
In-house drill rigs and geophysics keep exploration costs near $100 a meter and produced a new discovery each year for five years.
Brian Goldner's takeaways
- Top takeaway His central argument is that the Eagle deal pairs what each side lacks: Eagle has 12 years of production but no growth runway, while Talon has large growth options but no operating experience.
- He argues Eagle can run past its prior 2028 end date to 2030 by targeting keel mineralization, buying time to permit and build Tamarack.
- He presents the new Tamarack discovery, 51 meters at about 50% copper equivalent on a 50-meter step-out with no drilling yet to the south or east, as proof his geophysics-guided method works, with 12 of 13 holes hitting.
- He frames Minnesota's staged permitting, EAW then EIS then permit to mine, as constructive for Talon, with Tamarack past the EAW stage and a mine-in-a-box design limiting surface disturbance to roughly a big-box-store footprint.
- His stated catalysts for the rest of 2026 are the Tamarack feasibility study, Minnesota's final scoping decision, and results from six rigs turning across Minnesota and Michigan.