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Talent Infinity Resource Developments Inc. — Capital/Financing Update 2023
May 17, 2023
48195_rns_2023-05-16_d8645a0b-d71a-4527-a4a5-7ee83a43793c.pdf
Capital/Financing Update
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5728 East Boulevard. Vancouver, BC, V6M 4M4 416-904-1478
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LOI to acquire 10,600 ha Copper-Gold-Silver Prospective Land Package in Peru
VANCOUVER, BC, Tuesday, May 16, 2023 - Talent Infinity Resource Developments Inc. ( CSE:TICO, the “Company” or “Issuer”)
The Company is also pleased to announce that it has signed a conditional LOI for acquiring a 10,600 hectare land package where there is a newly identified Au-Ag parallel vein system to an existing former producing and permitted silver mine located in Peru. There has been a discovered 2.4 kilometre-long target that has never been drilled and appears to be an epithermal/porphyry Cu/Au/Ag System.
The the Land Package is adjacent to a former Silver producing mine that was in production from 2012 to 2018 when it was put under care and maintenance when the price of Silver dropped to the $15/oz range. The property also has a 600t/day mill situated on it that is fully permitted with environmental and social approvals.
The property is a very large and unique in that a wide range of mining exploration and development opportunities currently for the property. The Company will be preforming its due diligence on the potential of the Land Package and will provide a further update in the event the company will be able to close on the acquisition of the mining asset.
Talent Infinity Resource Developments Inc.
Contact: Derrick Gaon, CEO
Email: [email protected] Telephone: (416) 904-1478
About Talent Infinity Resource Developments Inc. (CSE:TICO)
The Company is a mineral exploration company focused on the acquisition, exploration and development of critical mineral properties. The Company is based in Vancouver, B.C. and holds an option over the Wildcat Property located in British Columbia.
Disclaimers
This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators which is posted on www.sedar.com. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described stated herein and accordingly
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[email protected] [email protected]
CSE: TICO
5728 East Boulevard. Vancouver, BC, V6M 4M4 416-904-1478
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undue reliance should not be put on such. No regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does not undertake to update this news release unless required by applicable law.
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[email protected] [email protected]
CSE: TICO