Announcement • Jul 28
Talon Metals Corp. Announces Executive Changes Talon Metals Corp. announced that Mike Kicis will step down from his role as President effective August 1, 2026. Mr. Kicis has agreed to remain engaged with Talon as a consultant for a period of up to three months following August 1, 2026. Darby Stacey, Chief Executive Officer, will oversee the transition, with Mr. Kicis' responsibilities distributed among members of Talon's existing leadership team and external resources. Price Target Changed • Jul 22
Price target decreased by 7.4% to CA$7.48 Down from CA$8.08, the current price target is an average from 5 analysts. New target price is 27% above last closing price of CA$5.90. Stock is up 90% over the past year. The company is forecast to post earnings per share of US$0.36 next year compared to a net loss per share of US$0.035 last year. Announcement • Jul 10
Talon Metals Provides Update on Michigan Exploration Drilling and Tamarack Environmental Review Talon Metals had resumed exploration drilling in Michigan, with drilling underway at the Roland target in Baraga County and the Boulderdash target in Marquette County, located approximately eight miles northwest of Eagle Mine. The program is focused on advancing priority targets across its 400,000+ acre regional land package in Michigan's Upper Peninsula. Talon's Michigan exploration program is designed to assess near-mine and regional targets with potential to complement Eagle Mine and Humboldt Mill over time. The program builds on prior exploration work in Michigan and is supported by Talon's in-house geologic and geophysical expertise, providing the Company with technical capability to efficiently evaluate priority targets across its Michigan land position. The work reflects Talon's strategy to combine operating infrastructure, technical expertise, and targeted exploration to evaluate future nickel-copper opportunities in the Upper Midwest. The Tamarack Project is currently in the scoping phase of Minnesota's Environmental Impact Statement process. Scoping is designed to identify environmental and socioeconomic issues, alternatives, potential mitigation measures, and additional data needs to be evaluated in the Environmental Impact Statement. As part of the next step in the scoping process, the Minnesota Department of Natural Resources is anticipated to hold a public comment period for the Scoping Environmental Assessment Worksheet and Draft Scoping Decision Document. These scoping documents are intended to help define the issues, alternatives, potential mitigation measures, and data needs to be evaluated in the Environmental Impact Statement. Talon had spent the past several years advancing environmental baseline work, technical studies, project design refinements, and responses to agency and community feedback to support the scoping process and future Environmental Impact Statement preparation. This upfront work had helped strengthen the Tamarack Project, reduce uncertainty, and provide a more complete technical foundation for the next stage of Minnesota's environmental review process. Further details on the Tamarack Project's environmental review process are expected to be provided next week in connection with the anticipated next step in Minnesota's state-led scoping process.