Talisman Mining Limited · ASX:TLM
Talisman Mining — Investor Presentation (February 2016)
25 slides from Talisman Mining's investor presentation, Feb 9, 2016
Slide 1: February 2016 Investor Update
For personal use only TLDD00026: Bornite-bearing core from Monty assaying up to 46% Cu More exceptional results from Monty Closing in on a maiden Mineral Resource February 2016 – Investor Update 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 and does not
Slide 3: Introduction – Talisman Overview
Introduction – Talisman Overview • Cornerstone asset: Doolgunna Copper-Gold Projects, WA For personal use only • Talisman owns 30% interest in joint venture with Sandfire Resources (ASX: SFR) • One of Australia’s most significant new high-grade copper discoveries at Monty, ~10km from DeGrussa copper
Slide 4: Corporate Background & Overview
Corporate Background & Overview • Strong culture & corporate philosophy underpinned by Capital Structure For personal use only previous management experience at highly successful Shares on Issue 148.6M mid-tier resource companies Unlisted Options 6.4M • Key focus is always on developing and executin
Slide 5: Monty – Doolgunna Copper-Gold Projects
For personal use only Monty Doolgunna Copper-Gold Projects 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 Sandfire’s For personal use only DeGrussa VMS copper-gold mine • Exceptionally high-grade, high-tenor massive sulphides in multiple intersections • Mineralisation intersected so far is in two connected zones – appro
Slide 7: Longitudinal Projection and Cross Section Locations
Monty – Longitudinal Projection and Cross Section Locations For personal use only 7
Slide 8: The Story So Far – Initial Interpretation
Monty – The Story So Far – Initial Interpretation For personal use only SEPTEMBER 2015 Initial discovery hole and first phase of step out drilling 8
Slide 9: 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) 9
Slide 10: The Story So Far - January 2016
Monty – The Story So Far - January 2016 For personal use only JANUARY 2016 Assays of up to 52% copper expand bornite mineralisation with resource definition drilling well advanced 10
Slide 11: High Grade Bornite Zone
Monty – High Grade Bornite Zone For personal use only • Interpreted bornite rich zone intersected in three drill holes so far (Jan 2016) • Interpreted as a sub-zone of the Monty Lower Zone mineralisation • Recent extensions up-dip and along strike add significantly to potential of bornite zone • Con
Slide 12: Lower Zone Cross Section
Monty – Lower Zone Cross Section • 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 minerali
Slide 13: Maiden Resource On Track
Monty – Maiden Resource On Track For personal use only • Resource drilling focused on defining edge and continuity of mineralisation • Recent results continue to substantiate initial interpretations of orientation, grade and extent of mineralised zone MAIDEN RESOURCE • Interpretation continuing to e
Slide 14: Growth Potential
Monty – Growth Potential • Drilling to date has focused on main Lower Zone For personal use only mineralisation • Upper Zone mineralisation may now connect to Lower Zone and remains open. • TLDD0023A - 7.4 metres grading 3.0% Cu and 0.8g/t Au from 232.5m downhole. Further drilling planned • Potentia
Slide 15: Corridor – The Unfolding Story
Monty Corridor – The Unfolding Story For personal use only 15
Slide 16: Corridor – The Unfolding Story
Monty Corridor – The Unfolding Story For personal use only • Established VMS Model – lenses rarely occur in isolation The discovery opens up a • Significant unexplored potential outside of current known mineralised highly prospective +5km VMS strike length of ~320m corridor at Monty • Planned RC dri
Slide 17: Doolgunna Projects – Multiple Prospective Corridors
Doolgunna Projects – Multiple Prospective Corridors For personal use only • Doolgunna Projects (Springfield, Halloween and Halloween West) have potential to be part of a larger VMS camp • Considerable work remains to fully assess potential • Springfield hosts four prospective VMS corridors: • Monty
Slide 18: Planned Regional Exploration
Monty – Planned Regional Exploration • Significant exploration activities For personal use only planned this quarter targeting new discoveries along 5km Monty corridor: • RC drilling to the north-east of Monty • RC drilling of geochemical anomalies at Monty South and Southern Volcanics • In-fill air
Slide 19: 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 20: Homer Prospect – The New Horizon?
Homer Prospect – The New Horizon? • Homer corridor contains a thick sequence of the same prospective stratigraphy that hosts Conductor 5 For personal use only • Very limited and wide-spaced drilling to date • Further drilling planned along Homer corridor between TLDD0003 and TLD0068 in the first qua
Slide 21: Sinclair Nickel Project
For personal use only Sinclair Nickel Project A counter-cyclical option on a turnaround in the nickel price 21
Slide 22: 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 23: Sinclair Nickel Deposit – Mine and Nearby Opportunities
Sinclair Nickel Deposit – Mine and Nearby 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 North no
Slide 24: Summary and Outlook
Summary and Outlook • Maiden Mineral Resource for Monty copper-gold discovery due Q1 2016 For personal use only • Ongoing drilling highlights potential for extensions at Monty • Ultra-high grade bornite zone identified – potential for DSO to be understood • Doolgunna Project highly prospective for n
Slide 25: Contact information
For personal use only TLDD00026: Bornite-bearing core from Monty assaying up to 46% Cu Contact information: 6 Centro Avenue Subiaco, WA 6008 Australia / Phone: +61 8 9380 4230 / Fax: +61 8 9382 8200 www.talismanmining.com.au Thank you
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