Talisman Mining Limited · ASX:TLM
Talisman Mining — Investor Presentation (October 2014)
37 slides from Talisman Mining's investor presentation, Oct 21, 2014
Slide 1: The Sinclair Nickel Project Acquisition: A Transformational Opportunity
For personal use only Investor Presentation – October 2014 Gary Lethridge, Managing Director The Sinclair Nickel Project Acquisition: A Transformational Opportunity
Slide 2: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for
Slide 3: Sinclair Nickel Project: A Transformational Opportunity
“Sinclair is as close to the perfect acquisition as For personal use only we could have hoped for. It has an existing known deposit extension, established mine infrastructure, two emerging exploration discoveries immediately adjacent to the existing mine, and huge untapped regional exploration poten
Slide 4: Tailor-made for Talisman
Sinclair Nickel Project – Tailor-made for Talisman • Sinclair is an advanced, high quality nickel sulphide project located in one of the For personal use only world’s premier nickel provinces • Sinclair represents a transformational acquisition for $8M (plus a contingent $2M deferred payment) with o
Slide 5: Located within a Premier Nickel Province
Sinclair Nickel Project – Located within a Premier Nickel Province • Located within the southern portion of the prolific, For personal use only world-class Agnew-Wiluna Greenstone belt • One of the world’s premier nickel provinces with reported production of over 9Mt of nickel: • Hosts the giant Mt
Slide 6: Project Infrastructure
Sinclair Nickel Project – Project Infrastructure • Sinclair was discovered by Jubilee Mines in 2005 For personal use only • Constructed in 2008/2009 • Placed on care and maintenance in August 2013 • High quality near-new infrastructure including : • Open pit, decline and underground mine • 300ktpa c
Slide 7: Sinclair Nickel Project – Sinclair Open Pit
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Sinclair Open Pit 7
Slide 8: Sinclair Nickel Project – 300ktpa Crushing and Grinding Circuit
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – 300ktpa Crushing and Grinding Circuit 8
Slide 9: Sinclair Nickel Project – Flotation Cells and Mill Control Room
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Flotation Cells and Mill Control Room 9
Slide 10: Sinclair Nickel Project – Maintenance, Stores and Laboratory
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Maintenance, Stores and Laboratory 10
Slide 11: Sinclair Nickel Project – Equipped Stores Shed
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Equipped Stores Shed 11
Slide 12: Sinclair Nickel Project – Underground Refuge Chambers and Mine Ventilation equipment
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Underground Refuge Chambers and Mine Ventilation equipment 12
Slide 13: Sinclair Nickel Project – Extensive Site Office with Communication Infrastructure
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Extensive Site Office with Communication Infrastructure 13
Slide 14: Sinclair Nickel Project – Core Yard Facility
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Core Yard Facility 14
Slide 15: Sinclair Nickel Project – +200-person Accommodation Village
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – +200-person Accommodation Village 15
Slide 16: Sinclair Nickel Project – Accommodation Village Recreational Facilities
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Accommodation Village Recreational Facilities 16
Slide 17: Sinclair Nickel Project – Accommodation Village Dry Mess
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – Accommodation Village Dry Mess 17
Slide 18: Sinclair Nickel Project – 2km Bitumen Airstrip
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project – 2km Bitumen Airstrip 18
Slide 19: Sinclair Nickel Project has comprehensive modern infrastructure
Sinclair Nickel Project – Infrastructure For personal use only Sinclair Nickel Project has comprehensive modern infrastructure 19
Slide 20: Mine and Historical Production
Sinclair Nickel Project – Mine and Historical Production For personal use only ~445m • Sinclair deposit comprises an elongated body of massive to disseminated sulphide mineralisation with a shallow plunge of around 20 degrees which was mined to ~445m below surface • Total production from pit and und
Slide 21: Deposit Extension
Sinclair Nickel Project – Sinclair Nickel Deposit Extension For personal use only 1Km • Nickel mineralisation continues down-plunge beyond the current development and has been identified for a further 1km along strike from the current end of mining development 21
Slide 22: Deposit Extension
Sinclair Nickel Project – Sinclair Nickel Deposit Extension For personal use only 200m 200m • Broad spaced drilling has returned significant intersections* beyond current mine development * Refer Talisman ASX Release 20th October 2014 22
Slide 23: Deposit Extension
Sinclair Nickel Project – Sinclair Nickel Deposit Extension For personal use only 1Km • Strong correlation between EM anomalies and known extensional nickel mineralisation • Multiple EM plates support the potential for continuity of mineralisation down-plunge and along strike 23
Slide 24: Near-Mine Potential
Sinclair Nickel Project – Near-Mine Potential For personal use only Undrilled Undrilled Undrilled • Two parallel mineralised ultra-mafic channels similar to Sinclair at Stirling and Skye with greater ultra-mafic volumes • Numerous significant mineralised intercepts from relatively broad spaced drill
Slide 25: A Pipeline of Exploration Oportunities
Sinclair Nickel Project – A Pipeline of Exploration Oportunities For personal use only 8Km 8Km • The Sinclair Trend offers at least 8km of discovery opportunity with very little historical drilling • Target areas include Delphi, Parnassus and Cody Well hosted along strike and within the Sinclair Tre
Slide 26: A Pipeline of Exploration Potential
Sinclair Nickel Project – A Pipeline of Exploration Potential • Nickel sulphides have been intersected in For personal use only drilling along at least five ultra-mafic sequences across the Project at: • Delphi • Schmitz Well • Marriotts • Carthage • Babylon • Multiple exploration targets all exist
Slide 27: Acquisition – Tailor-made for Talisman
Sinclair Acquisition – Tailor-made for Talisman • The right transaction: For personal use only • The acquisition is self-funded & follows an extensive Australia-wide search for acquisition opportunities • The right commodity: • Nickel has very strong supply/demand fundamentals • The right project: •
Slide 28: Corporate Overview
Corporate Overview Capital Structure Talisman Share Price – as at 03 October 2014 For personal use only Shares 131.5M Unlisted Options 8.25M Market Cap - (undiluted @ 13 cents per share) $17.1M Cash $16M# # as at 30 June 2014 Listed Investments Ochre Group Holdings Limited 35.5m Shares Board Major S
Slide 29: Talisman Mining – A clear strategy to grow shareholder value
Talisman Mining – A clear strategy to grow shareholder value • Sinclair Nickel Project - A transformational growth opportunity For personal use only • Extensive mine infrastructure • Sinclair deposit extension potential • Near mine exploration potential • Considerable regional exploration potential
Slide 30: The Sinclair Nickel Project Acquisition: A Transformational Opportunity
For personal use only Investor Presentation – October 2014 Gary Lethridge, Managing Director The Sinclair Nickel Project Acquisition: A Transformational Opportunity
Slide 31: Appendices
For personal use only Appendices 31
Slide 32: Doolgunna Copper-Gold Projects
For personal use only Doolgunna Copper-Gold Projects Exposure to Major New Copper-Gold Discoveries in a World-Class VMS Province 32
Slide 33: Talisman Doolgunna Project Locations
Talisman Doolgunna Project Locations For personal use only 33
Slide 34: Doolgunna Projects Overview
Doolgunna Projects Overview • Projects located in an emerging copper province hosting For personal use only the world-class, high-grade DeGrussa Copper-Gold Mine • $15 million farm-in joint venture agreed with Sandfire in late December 2013 • Technical data integration and assessment of initial targ
Slide 35: Doolgunna JV – Ongoing and Planned Exploration 2014
Doolgunna JV – Ongoing and Planned Exploration 2014 • Based on early encouragement Sandfire For personal use only has advised that the following activities will be undertaken at Springfield this year: • Preparation of historical deep holes for high-powered DHEM surveys; • ~200-hole aircore drilling
Slide 36: Iron Ore Exposure – Wonmunna Iron Ore Project
Iron Ore Exposure – Wonmunna Iron Ore Project For personal use only 36
Slide 37: Exposure to Iron Ore – Wonmunna Iron Ore Project
Exposure to Iron Ore – Wonmunna Iron Ore Project • Strategically located Pilbara iron ore asset held by Ascot For personal use only Resources Limited (ASX – AZQ) • Ochre Group Holdings recently agreed to sell Wonmunna to Ascot Resources Limited for 50M Ascot shares, tranched payments totalling $21.9
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