Talisman Mining Limited · ASX:TLM
Talisman Mining — Euroz Securities Institutional Conference March 2016
23 slides from Talisman Mining's conference presentation, Mar 16, 2016
Slide 1: Closing in on a maiden Mineral Resource
For personal use only TLDD00026: Bornite-bearing core from Monty assaying up to 46% Cu Closing in on a maiden Mineral Resource District-wide VMS potential emerging Euroz Securities – Institutional Conference - March 2016 Gary Lethridge, Managing Director
Slide 2: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer For personal use only This presentation has been prepared by Talisman Mining Ltd. This document contains background information about Talisman Mining Ltd current at the date of this presentation. The presentation is in summary form, has not bee
Slide 3: Introduction – Talisman Overview
Introduction – Talisman Overview • Cornerstone asset: 30% interest in Springfield Copper-Gold Project, in joint venture with Sandfire Resources NL (ASX: SFR) For personal use only • One of Australia’s most significant new high-grade copper discoveries at Monty, ~10km from DeGrussa copper-gold mine:
Slide 4: Corporate Background & Overview
Corporate Background & Overview Capital Structure • Strong culture & corporate philosophy underpinned by For personal use only previous management experience at highly successful Shares on Issue # 185.7M mid-tier resource companies Unlisted Options 6.4M • Key focus is always on developing and execut
Slide 5: Springfield Copper-Gold Project
For personal use only Springfield Copper-Gold Project The next chapter of copper-gold discoveries in a world-class VMS province 5
Slide 6: A Significant New High-Grade Discovery
Monty – A Significant New High-Grade Discovery • First regional discovery outside of For personal use only Sandfire’s DeGrussa VMS copper-gold mine • Exceptionally high-grade, high-tenor massive sulphides in multiple intersections • Mineralisation intersected is in two potentially connected zones –
Slide 7: The Story So Far – Initial Geological Interpretation
Monty – The Story So Far – Initial Geological Interpretation For personal use only SEPTEMBER 2015 Initial discovery hole and first phase of step out drilling Refer to Appendix 1 for Vertical Long Projection Explanatory Note 7
Slide 8: The Story So Far – November 2015
Monty – The Story So Far – November 2015 For personal use only NOVEMBER 2015 Upper and Lower Zones with initial drilling into bornite sub- zone (TLDD0026) Refer to Appendix 1 for Vertical Long Projection Explanatory Note 8
Slide 9: The Story So Far - February 2016
Monty – The Story So Far - February 2016 ~320m For personal use only FEBRUARY 2016 Assays of up to 52% copper expand bornite mineralisation Refer to Appendix 1 for Vertical Long Projection Explanatory Note 9
Slide 10: Lower Zone
Monty – Lower Zone • Lower Zone is the primary For personal use only mineralisation at Monty • Consistent high-grade and high-tenor copper mineralisation throughout • Copper occurs as predominantly chalcopyrite (high-grade mineralisation) • Mineralisation contained in multiple massive sulphide lense
Slide 11: High Grade Bornite Zone
Monty – High Grade Bornite Zone For personal use only • Interpreted bornite rich zone intersected in three drill holes (Jan 2016) • Interpreted as a sub-zone of the Monty Lower Zone mineralisation • Contains both bornite and chalcopyrite sulphide mineral species • Individual assays up to 52% Cu • TL
Slide 12: Maiden Resource On Track
Monty – Maiden Resource On Track For personal use only • Resource drilling now essentially complete • It was focused on defining edge and continuity of mineralisation at Monty • Geological interpretation MAIDEN RESOURCE continuing to evolve On track • Maiden Monty Mineral Resource anticipated for re
Slide 13: Growth Potential
Monty – Growth Potential Upper Zone For personal use only • Mineralisation potentially extended to north east • TLDD0057 - 7.6m @ 3.3% Cu & 1.5g/t Au from 152m downhole. • Mineralisation may now connect to Lower Zone • TLDD0023A - 7.4m @ 3.0% Cu & 0.8g/t Au from 232.5m downhole. Monty Exploration at
Slide 14: Springfield Exploration Potential – Multiple Prospective Corridors
Springfield Exploration Potential – Multiple Prospective Corridors • Potential for Springfield to be part of a larger VMS camp For personal use only • Exploration is at a relatively early stage • Springfield hosts 4 prospective VMS corridors: • Monty • Homer • Central • Southern Volcanics • Signific
Slide 15: Corridor – The Unfolding Story
Monty Corridor – The Unfolding Story For personal use only • Established VMS Model – deposits rarely occur in isolation The discovery of Monty opens • Significant unexplored potential outside of current known mineralised up a highly prospective +5km strike length of ~320m VMS corridor • Further dril
Slide 16: Homer Prospect – The New Horizon?
Homer Prospect – The New Horizon? • A high priority VMS target corridor For personal use only located ~4km along strike to the east of DeGrussa • Drilling to date by Sandfire has: • Confirmed the continuation of Sandfire’s C5 VMS stratigraphic package; and • TLDD0003 intersected what is interpreted
Slide 17: Homer Prospect – The New Horizon?
Homer Prospect – The New Horizon? • Only 2 deep holes have tested the host stratigraphic package For personal use only • Both holes evidenced VMS signatures • Opportunity exists for a new discovery 17
Slide 18: Sinclair Nickel Project
For personal use only Sinclair Nickel Project A counter-cyclical option on a turnaround in the nickel price 18
Slide 19: Sinclair Nickel Project – Background
Sinclair Nickel Project – Background Project highlights For personal use only • Discovered late 2005, developed in 2008 • Historical Sinclair mine production: • 1.58 Mt @ 2.44% Ni for 38,500t of contained Ni • Care and maintenance since August 2013 • Sinclair has extensive infrastructure: • Nickel c
Slide 20: Sinclair Nickel Project – Advanced Exploration Opportunities
Sinclair Nickel Project – Advanced Exploration Opportunities For personal use only ~445m 200m 200m Wide-spaced drilling of the Sinclair Deposit for 1km beyond current mine development has returned significant intersections Skye & Stirling – two parallel ultramafic channels with EM targets Delphi Nor
Slide 21: Summary
Summary • Maiden Mineral Resource for Monty is due at the end of March - For personal use only early April 2016 • Ultra-high grades identified at Monty (including bornite) • Exploration potential remains at Monty • Springfield Project highly prospective for new discoveries across multiple corridors
Slide 22: Closing in on a maiden Mineral Resource
For personal use only TLDD00026: Bornite-bearing core from Monty assaying up to 46% Cu Closing in on a maiden Mineral Resource District-wide VMS potential emerging Euroz Securities – Institutional Conference - March 2016 Gary Lethridge, Managing Director
Slide 23: Appendix – Vertical Long Projection Explanatory Note
Appendix 1 Vertical Long Projection – Explanatory Note For personal use only • Vertical Longitudinal Projection and simplified interpretation, by Talisman, of the Monty discovery with drill-hole pierce points shown at the top of the interpreted primary intercept. All intercepts are shown as down-hol
Talisman Mining — Euroz Securities Institutional Conference March 2016 on 6ix