Talisman Mining Limited · ASX:TLM
Talisman Mining — Shareholder Meeting (November 2021)
28 slides from Talisman Mining's shareholder meeting presentation, Nov 24, 2021
Slide 1: Annual General Meeting 2021
For personal use only Annual General Meeting 2021 Shaun Vokes, CEO 24 November 2021 Focused Australian Mineral Resources Company
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Talisman Mining Limited. For personal use only This document contains background information about Talisman Mining Ltd current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not pur
Slide 3: Talisman Profile – Highly leveraged to exploration success
Talisman Profile – Highly leveraged to exploration success ■ Highly prospective gold and base metal exploration portfolio in favorable For personal use only mining jurisdiction: NSW Lachlan Copper-Gold Project ■ Significant land-holding - >4,000km2 of prospective tenure ■ Multiple regional gold &
Slide 4: Corporate Overview
Corporate Overview Experienced Management Team and Board Capital Structure For personal use only Kerry Harmanis - Non-Exec Chairman Shares on Issue 187.7M Shaun Vokes - Chief Executive Officer Unlisted Options (Exercise Prices: 14.1c – 31.0c) 7.2M Russ Gregory - Exploration Manager Market Capitalisa
Slide 5: NSW Lachlan Cu-Au Project
For personal use only NSW Lachlan Cu-Au Project Extensive and highly prospective gold and base metals tenure Focused Australian Mineral Resources Company 5
Slide 6: Cobar Basin a well-endowed minerals region
Lachlan Cu-Au Project – Cobar Basin a well-endowed minerals region Highly prospective region with significant potential for further substantial base & precious metal discoveries Cobar Basin For personal use only ■ ■ significant metal endowment ■ 2.5Mt Cu, 4.8Mt Zn, 2.8Mt Pb, 7Moz Au, 148Moz Ag 3 ■ m
Slide 7: Cobar Basin a well-endowed minerals region
Lachlan Cu-Au Project – Cobar Basin a well-endowed minerals region Highly prospective region with significant potential for further substantial base & precious metal discoveries Cobar Basin For personal use only ■ ■ significant metal endowment ■ 2.5Mt Cu, 4.8Mt Zn, 2.8Mt Pb, 7Moz Au, 148Moz Ag 3 ■ m
Slide 8: Exploration FY 2020/21
Lachlan Cu-Au Project – Exploration FY 2020/21 NSW field activities disrupted by COVID-19 over the last 12 months with restrictions on personnel/equipment movements Notwithstanding COVID-19 disruptions: For personal use only ■ Three targets drill tested 4,760m RC drilling (24 holes) 4 ■ Region
Slide 9: Exploration FY 2020/21 cont’d – Noisy Ned
Lachlan Cu-Au Project – Exploration FY 2020/21 cont’d Noisy Ned Copper Prospect For personal use only ■ Target Zn/Pb/Cu anomaly previously identified via auger and RC drilling in 20187 with fresh base metal sulphides logged ■ 5-hole 1,196m program completed in August 2021 aiming to extend strike l
Slide 10: Exploration FY 2020/21 cont’d – Blind Calf
Lachlan Cu-Au Project – Exploration FY 2020/21 cont’d Blind Calf Copper Prospect For personal use only ■ 4-hole 652m RC drill program completed in December 2020 testing four EM conductors ■ Drilling confirmed mineralisation extended 100m to the SE of the Blind/Calf/Dunbars copper lode system below
Slide 11: Exploration FY 2020/21 cont’d – Regional prospectivity review
Lachlan Cu-Au Project – Exploration FY 2020/21 cont’d Regional prospectivity review Independent prospectivity review of Cobar Basin inclusive of Talisman’s For personal use only ■ tenement portfolio completed in May 2021 by exploration expert Dr Jon Hronsky10 ■ Review confirmed Talisman’s tenure i
Slide 12: Lucknow Gold Project
For personal use only Lucknow Gold Project High-Grade Gold Project in NSW Focused Australian Mineral Resources Company 12
Slide 13: Lucknow Gold Project – Exposure to historic high-grade NSW goldfield
Lucknow Gold Project – Exposure to historic high-grade NSW goldfield ■ Joint Venture formed -TLM interest 51% - (Oct 2020) with Lucknow Gold Limited after For personal use only satisfaction of farm-in obligations 12 ■ Project located in Macquarie Arc, host to major Ordovician magmatic deposits (e.g.
Slide 14: Lucknow Gold Project – Exploration FY 2020/21
Lucknow Gold Project – Exploration FY 2020/21 Similar to Lachlan Cu-Au Project, COVID-19 disruptions to field activities during the year Maiden drill programme completed (Aug 2020) For personal use only ■ Review of historic data indicated high-grade ore in the historic Lucknow mine terminated ~2
Slide 15: Lucknow Gold Project – Exploration FY 2020/21
Lucknow Gold Project – Exploration FY 2020/21 Similar to Lachlan Cu-Au Project, COVID-19 disruptions to field activities during the year Maiden drill programme completed (Aug 2020) For personal use only ■ Review of historic data indicated high-grade ore in the historic Lucknow mine terminated ~2
Slide 16: Upcoming Exploration Programs
For personal use only Upcoming Exploration Programs Expediting the discovery journey Focused Australian Mineral Resources Company 16
Slide 17: Cobar Basin a well-endowed minerals region
Lachlan Cu-Au Project – Cobar Basin a well-endowed minerals region Government geoscience & independent consultant work confirms prospectivity of Talisman portfolio Mineral System Models developed by GSNSW & Kenex consultants For personal use only ■ to conduct Mineral Potential Mapping, released Sept
Slide 18: Carpina Ridge North Au Prospect
Lachlan Cu-Au Project – Carpina Ridge North Au Prospect Carpina Ridge North Gold Prospect (TLM 100%) 5km Extensional Geochemical Sampling For personal use only ■ Positioned within the Canbelego-Mineral Hill Rift Zone hosting the Mt Boppy Au & Mineral Hill Au and base metal deposits ■ RC drilling o
Slide 19: Babinda Cu Prospect
Lachlan Cu-Au Project – Babinda Cu Prospect Babinda Copper Prospect (TLM 100%) For personal use only ■ Highly prospective area with known mineralization and historic workings from the Lord Dudley & Babinda mines ■ 2022 MLEM inconclusive, limited area ■ Mineral Potential Mapping classes Babinda one
Slide 20: Cumbine Gold & Copper-Gold Prospect
Lachlan Cu-Au Project – Cumbine Gold & Copper-Gold Prospect TLM Priority Cumbine Au & Cu-Au Project (TLM 87%, PEX 13%) For personal use only Target ■ Multiple prospective targets associated with NW-SE lineaments & related 2nd order structures ■ Regional geochemical work & VTEM Max AEM survey block
Slide 21: Murray’s Au Prospect & Generative Work
Lachlan Cu-Au Project – Murray’s Au Prospect & Generative Work Murray’s Mine Au (EL8719 TLM 100%) For personal use only Historic Au prospect with old workings & high-grade Untested Au Anomaly – missed by previous drilling ■ intercepts (15.4g/t Au) 14 ■ Mineralisation is steeply dipping & several h
Slide 22: Lucknow Gold Project – Current interpretation
Lucknow Gold Project – Current interpretation ■ Gold mineralisation identified in historic shallow RC For personal use only percussion drilling (to NW of Talisman diamond drilling) ■ Soil sampling and mapping required over prospective corridor to the NW to assist drill target identification ■ Negoti
Slide 23: Business Development
For personal use only Business Development Targeting value-accretive growth opportunities Focused Australian Mineral Resources Company 23
Slide 24: Business Development – Actively seeking opportunities in gold & base metals
Business Development – Actively seeking opportunities in gold & base metals ■ Basis For personal use only ■ Seeking opportunities in supportive/sound mining jurisdictions with low geopolitical/geographic risk (e.g. Australia) ■ New opportunities (projects and/or corporate transactions) must be value
Slide 25: 2021 Metals Price Cycle – Is the peak in sight?
Business Development – Actively seeking opportunities in gold & base metals 2021 Metals Price Cycle – Is the peak in sight? For personal use only Copper: LME price at 5 year highs, stocks trending lower Somewhere here Nickel: LME price at 5 year highs, perhaps? stocks at 2 year lows & trending l
Slide 26: Talisman – Poised For Discovery
Talisman – Poised For Discovery ■ Funded - strong cash balance with royalty revenue stream For personal use only ■ New focused and experienced team ■ Significant tenure position in underexplored mineralised region ■ Increasing understanding of tenure prospectivity and mineralisation vectors ■ Multip
Slide 27: Questions
For personal use only Questions Annual General Meeting Presentation: November 2021 Focused Australian Mineral Resources Company 27
Slide 28: Appendix 1: Competent Persons’ Statements
Appendix 1: Competent Persons’ Statements Exploration Results and Exploration Targets Information in this presentation that relates to Exploration Results an Exploration Targets is based on, and fairly represents information and supporting For personal use only documentation complied by Mr Russ Greg
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