‘Hard choices' ahead as MSU President says ‘we must adjust our financial path'
LANSING, Mich. (WLNS) — The president of Michigan State University says, 'We will need to make hard decisions that will impact people we care about' as the school adjusts its budget in the wake of federal changes.
Kevin Guskiewicz made the statement in a letter to the faculty and staff on Monday, the first business day following most of MSU's graduation ceremonies.
MSU approves Spartan Stadium upgrades
Guskiewicz says he's proud of what he school has accomplished in his first full year as leader of the university, but he also calls it 'a challenging year, especially these last four months' as he says changes at the federal level 'undercut our ability to advance our land-grant mission and continue essential research projects that make life better.'
He says those changes, along with the rising cost of health care, are making it harder for the Big Ten university to balance its budget. After exploring short, medium, and long-term savings, Guskiewicz said, 'After careful deliberation, we have reached the difficult conclusion that we must adjust our financial path.'
He says university officials will share 'action steps and appropriate measures' to tackle the budget 'in the coming days.' It did not specify whether there will be cuts to staffing or programs.
The next few months of financial planning will be demanding and difficult for some in our community, and we will need to make hard decisions that will impact people we care about.
MSU President Kevin Guskiewicz
Guskiewicz acknowledges that his letter will 'raise questions and concerns' – but says that more information will come out 'in the weeks ahead.'
The letter to the campus community comes out less than two months after MSU announced the launch of a $4 billion fundraising campaign, of which it has already raised $1 billion. The campaign, which the school says kicked off in 2022, is expected to run through 2032.
The school sent the message out a few hours after Guskiewicz left East Lansing for the Detroit Spartan Bus Tour – a two-day trip to the Detroit area with some 50 faculty members and administrators to show how the school is working to improve life in the city and the state.
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Talon Metals Reports Record Assays from Historic Tamarack Discovery Grading 57.76% Copper Equivalent or 28.88% Nickel Equivalent over 34.9 Combined Meters
Total reported intercept of 47.33 meters grading 42.79% Copper Equivalent or 21.40% Nickel Equivalent Tamarack, Minnesota--(Newsfile Corp. - June 5, 2025) - Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (together with its subsidiaries, "Talon" or the "Company"), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Nickel Copper Project") in central Minnesota, is pleased to announce assays from the previously announced historic massive sulphide ("MSU") intercepts in drill hole 25TK0563 (see the Company's press release dated May 12, 2025) measuring a combined 34.9 meters grading 28.88% NiEq and 57.76% CuEq at the Tamarack Nickel Copper Project. Highlights: Table 1: Select assay intervals for drill hole 25TK0563 Drill Hole # From (m) To(m) Length (m) Assay NiEq (%) CuEq (%) Ni (%) Cu (%) Co (%) Pd (g/t) Pt(g/t) Au (g/t) Ag (g/t) 25TK0563 762.34 809.67 47.33 11.01 11.40 0.08 6.39 12.06 6.79 33.54 21.40 42.79 1 including 762.34 782.73 20.39 13.11 14.68 0.10 8.28 16.08 9.24 42.13 26.70 53.40 2 and 795.16 809.67 14.51 17.32 16.34 0.12 9.18 16.63 9.09 46.52 31.95 63.90 1+2 combined 762.34 782.73 34.90 14.86 15.37 0.11 8.65 16.31 9.18 42.92 28.88 57.76 795.16 809.67 See Table 3 for further technical information Drill hole 25TK0563 intersected a combined length of 34.90 meters across two zones of MSU starting at 762.34 meters grading 14.86% Ni, 15.37% Cu, 0.11% Co, 9.18 g/t Au, 16.31 g/t Pt, 8.65 g/t Pd, and 42.92 g/t Ag. Of the two zones of MSU that were intercepted, the upper MSU starts at 762.34 meters and graded 26.70% NiEq (53.40% CuEq) over the 20.39 meter interval. The lower MSU starts at 795.16 meters and graded 31.95% NiEq (63.90% CuEq) over 14.51 meters. These assays represent a portion of the mineralization encountered in hole 25TK0563 and further details may be provided as the remainder of the drill hole is assayed. The drill hole was targeting Borehole Electromagnetic ("BHEM") anomalies identified from previous drill holes 25TK0562 and 16TK0250. Drill hole 25TK0563 represents an approximate 68-meter step-out to the east from the intercept in drill hole 16TK0250. A BHEM campaign has been initiated using multiple loops to help evaluate this new zone from various orientations. The results of this program will guide the future drill program. "Intercepts of this scale and grade are extremely rare, and they don't come without deep technical understanding. Our in-house geophysics team helped vector us into this target, and our in-house drill team executed it flawlessly. This result validates both the geology at Tamarack and the integrated approach we've taken to exploration. Tamarack continues to exceed expectations and has raised the bar as to what high-grade means," said Brian Goldner, Chief Exploration and Operations Officer. "A 34.9-meter intercept grading 28.88% nickel equivalent is truly world-class. Even when you compare it to historical data from globally significant nickel deposits, intercepts like this are few and far between. From a geologic perspective, this is a bonanza result by any standard," added Dean Rossell, Chief Geologist of Talon and credited with the discovery of Tamarack, Eagle and Boulderdash. "As the United States accelerates efforts to secure domestic critical mineral supply chains for energy security and national defense, Tamarack stands out as a rare and essential piece of the puzzle. These assay results not only underscore the global significance of our deposit, but also its strategic importance to America's energy future," said Henri van Rooyen, CEO of Talon. Figure 1: Photo of drill core from drill hole 25TK0563 starting at 762.34 meters depth showing a combined 34.9 meters of massive sulphide mineralization. To view an enhanced version of this graphic, please visit: Figure 2: Location of the 34.90 meters intercept in drill hole 25TK0563 in relation to the Tamarack Resource Area. To view an enhanced version of this graphic, please visit: Lundin Earn-in Agreement Update Talon and Lundin Mining Corporation ("Lundin Mining") have extended the exclusivity period until June 30, 2025 as the parties continue to work on the earn-in and related agreements ("Lundin Agreements") pursuant to which Lundin Mining may acquire up to a 70% ownership interest in the Boulderdash and Roland exploration targets, which are in close proximity to Lundin Mining's Eagle Mine and encompass approximately 33,000 acres of minerals rights out of Talon's over 400,000 acre mineral package in Michigan (see the Company's press release from March 5, 2025 for further information). Talon has two of its drill rigs currently drilling at Boulderdash. QUALITY ASSURANCE, QUALITY CONTROL AND QUALIFIED PERSONS Please see the technical report entitled "November 2022 National Instrument 43-101 Technical Report of the Tamarack North Project - Tamarack, Minnesota" with an effective date of November 2, 2022 ("November 2022 Technical Report") prepared by independent "Qualified Persons" (as that term is defined in National Instrument 43-101 ("NI 43-101")) Brian Thomas (P. Geo), Roger Jackson (P. Geo), Oliver Peters (P. Eng) and Christine Pint (P.G) for information on the QA/QC, data verification, analytical and testing procedures at the Tamarack Nickel Copper Project. Copies are available on the Company's website ( or on SEDAR+ at ( The laboratory used is ALS Minerals who is independent of the Company. Lengths are drill intersections and not necessarily true widths. True widths cannot be consistently calculated for comparison purposes between holes because of the irregular shapes of the mineralized zones. Drill intersections have been independently selected by Talon. Drill composites have been independently calculated by Talon. The geological interpretations in this news release are solely those of the Company. The locations and distances highlighted on all maps in this news release are approximate. Dr. Etienne Dinel, Vice President, Geology of Talon, is a Qualified Person within the meaning of NI 43-101. Dr. Dinel is satisfied that the analytical and testing procedures used are standard industry operating procedures and methodologies, and he has reviewed, approved and verified the technical information disclosed in this news release, including sampling, analytical and test data underlying the technical information. Where used in this news release: NiEq% = Ni% + Cu% x $4.00/$8.00 x Cu Recovery/Ni Recovery + Co% x $20.00/$8.00 x Co Recovery/Ni Recovery + Pt [g/t]/31.103 x $1,000/$8.00/22.04 x Pt Recovery/Ni Recovery + Pd [g/t]/31.103 x $1,000/$8.00/22.04 x Pd Recovery/Ni Recovery + Au [g/t]/31.103 x $2,000/$8.00/22.04 x Au Recovery/Ni Recovery + Ag [g/t]/31.103 x $20.00/$8.00/22.04 x Ag Recovery/Ni Recovery CuEq% = Cu%+ Ni% x $8.00/$4.00 x Ni Recovery/Cu Recovery + Co% x $20.00/$4.00 x Co Recovery/Cu Recovery + Pt [g/t]/31.103 x $1,000/$4.00/22.04 x Pt Recovery/Cu Recovery + Pd [g/t]/31.103 x $1,000/$4.00/22.04 Pd Recovery/Cu Recovery + Au [g/t]/31.103 x $2,000/$4.00/22.04 Au Recovery/Cu Recovery + Ag [g/t]/31.103 x $20.00/$4.00/22.04 x Ag Recovery/Cu Recovery For Ni and Cu recoveries, please refer to the formulae in the November 2022 Technical Report. Recovery of Ni to the Cu concentrate was excluded from the NiEq calculation. The following recoveries were used for the other metals: 64.1% for Co, 82.5% for Pt, 69.3% for Pd and 72.6% for Au and Ag. ABOUT TALON Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project and currently owns 51%. Talon is focused on (i) expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators, and (ii) following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon's Battery Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of Defense awarded Talon a grant of US$20.6 million to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams. Please visit the Company's website at or contact: Media Contact:Jessica Johnson(218) 460-9345johnson@ Investor Contact:Mike Kicis1 (647) 968-0060kicis@ FORWARD-LOOKING STATEMENTS This news release contains certain "forward-looking statements". All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include statements relating to future exploration work, including future drill results and assays as well as geological interpretations, and whether Talon will enter into the Lundin Agreements. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Table 2: Collar Location of Drill Hole 25TK0563 Drill Hole (#) Easting (m) Northing (m) Elevation (masl) Azm Dip End Depth (m) 25TK0563 491049.16 5168344.40 388.00 170.66 -84.56 867.77 Collar coordinates are UTM Zone 15N, and dips are taken from the survey record at collar unless otherwise noted. 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Delia Koo International Academic Center at Michigan State University. June 4, 2025 | Photo by Erick Diaz Veliz The email raised concerns among members of Michigan State University's international community. On Thursday afternoon, international students at MSU received an email from the Office for International Students and Scholars, or OISS, 'strongly' recommending them not to leave the United States, among other recommendations. The email, signed by Krista McCallum, director of OISS, was delivered independently to foreign students, but with the same content: An important update in response to recent federal government actions affecting the international academic community, both those already legally in the country and those still in process to enter. 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Chinese college students in Michigan among those nationwide facing direct threats of visa revocation 'We will continue to advocate for policies that enable us to welcome international students and scholars from around the world and promote global engagement,' McCann concluded.' As it is happening across the country, within MSU's international community, concerns about not returning home over the summer due to the severity of recent policy changes had already become a recurring topic, while those who traveled expressed concerns about their return. Many students had already decided not to travel back to their home countries, fearing potential issues with immigration when attempting to re-enter the U.S. 'It's no longer just about having your paperwork in order; now it feels like crossing the border comes with a real risk of running into trouble,' said Diego Granados, an MSU PhD student in biochemistry who is from Mexico. 'The atmosphere has changed. Every time you see another international student, you ask them if they're traveling this summer, because of the political climate.' At the end of the email, McCallum expressed her support and concern for the international community and reiterated, as in previous communications stated by MSU, the university's commitment to international students, who have increasingly become targets of federal government policies nationwide. 'I understand that this news and the uncertainty surrounding it may be frustrating. Please know that MSU remains strongly committed to our international Spartan community. We will continue to welcome students and scholars from around the world, and we will advocate for policies that support your presence and success,' the email said. MSU students had already protested what they considered to be the lack of action by MSU officials regarding the protection of the international community. And after only receiving statements and emails, they considered the university to be taking an insufficient stance. 'I think they just want to play it safe and make sure we don't leave,' said Granados. 'Honestly, it just feels awful. It's like this message is formalizing that feeling we already had, that even if you have legal status and you're pursuing a degree, going back home is now something risky. It might go wrong. You might not be able to come back.' Luis Torres, an MSU PhD student in Kinesiology who is from Puerto Rico, highlighted the targeting of the immigrant community in general and how it escalated to academic fields. 'The pattern is evident: the criminalization of undocumented immigrants was amplified, university students who protested were stigmatized, and now the focus shifts to the entire international student community,' said Torres. 'A state that restricts access to education under current pretexts can justify future encroachments on fundamental rights, eroding democracy for the benefit of a privileged minority,' he finished. Additionally, among foreign students, the protection of their identity or hiding their opinions have increasingly become a concern, showing a decline in freedom of speech within the community. 'It makes you feel trapped. Like, I'm here, and I can't cross the border or talk openly about it because they check my phone, don't like something, and I'm not allowed to reenter to finish my studies. That's really how it feels,' finished Granados. A request for comment was sent via email to Krista McCallum, director of OISS, but has yet to be returned. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
