Talon Metals announced financial results for Q3 2015

Talon Metals Corp. announced financial results for the three month period ended September 30, 2015. Net income of the BVI company was US$1.3 million, or US$0.01 per share (basic and diluted), as compared to the net loss of US$0.9 million, or US$0.01 per share for the same period of the previous year.

For the nine month period ended September 30, 2015, Talon Metals reported net loss of US$0.7 million, or US$0.01 per share (basic and diluted), as compared to net loss of US$1.8 million, or US$0.02 per share for the same period of 2014.

Capitalized exploration costs on the Tamarack Nickel-Copper-PGE Project for the nine months period was US$13.9 million, compared to US$5.8 million for the nine month period of 2014. Total capitalized cost on the Tamarack Nickel-Copper-Platinum Project was US$23.7 million.

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