Talisman Mining Limited · ASX:TLM
Talisman Mining — Shareholder Meeting (November 2018)
25 slides from Talisman Mining's shareholder meeting presentation, Nov 30, 2018
Slide 1: Creating Value through Mineral Discovery
For personal use only Creating Value through Mineral Discovery AGM Presentation: November 2018 FF oo cc uu ss ee dd AA uu ss tt rr aa l i a n m i n e r a ll rr ee ss oo u rr cc e s c o m p aa nn yy 1
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 – Asset Portfolio
Talisman – Asset Portfolio NSW Lachlan Copper-Gold Project For personal use only ■ Commanding landholding in highly mineralised region ■ Cost effective exploration -advanced drill targets and large areas subjected to little modern exploration ■ Immediate success in first RC drilling – 13m @ 5.7% Cu1
Slide 4: Corporate Snapshot
Corporate Snapshot Experienced and Diverse Executive Team and Board Capital Structure For personal use only Dan Madden - Managing Director Shares on Issue 185.7M Tony Greenaway - General Manager Geology Unlisted Options 7.9M Shaun Vokes - Chief Financial Officer and Company Secretary Market Capitali
Slide 5: NSW Lachlan Cu-Au Project: A New Exploration Focus
NSW Lachlan Cu-Au Project For personal use only A New Exploration Focus Focused Australian mineral resources company 5
Slide 6: Lachlan Cu-Au Project - Cornerstone Asset
Lachlan Cu-Au Project - Cornerstone Asset Highly prospective geology and significant potential for further substantial base/precious metal discoveries For personal use only ■ Significant tenement position in highly mineralised but under-explored mining district ■ Multiple significant base and precio
Slide 7: Lachlan Cu-Au Project - Southern Region
Lachlan Cu-Au Project - Southern Region Blind Calf Prospect (100% owned) For personal use only ■ Targeting structurally hosted high-grade Cu mineralisation on NW-SE and N-S structures: ■ Multiple mineralised lodes with visible quartz veining outcrop ■ Multiple untested structural positions ■ Histori
Slide 8: Lachlan Cu-Au Project - Southern Region: Blind Calf Prospect
Lachlan Cu-Au Project - Southern Region Blind Calf Prospect For personal use only ■ Multiple high-grade copper lodes that remain open at depth and untested along strike ■ Assay results returned from TLM drilling include: ■ BCRC006: 13m @ 5.71% Cu, from 129m downhole (incl 4m @11.06% Cu)1 ■ BCRC007:
Slide 9: Boona Stage I Auger Drilling
Lachlan Cu-Au Project - Southern Region Boona Stage I Auger Drilling For personal use only ■ Initial Stage I auger drilling programs completed Sept 2018 ■ Focused SE of mineralised Blind Calf mineral trends ■ XRF of base metals undertaken 5 ■ Strong Zinc-lead and copper anomalism with co-incident go
Slide 10: Lachlan Cu-Au Project - Central Region: Noisy Ned Prospect
Lachlan Cu-Au Project - Central Region Noisy Ned Prospect For personal use only ■ Large, coherent base metal anomaly identified from Stage I auger drilling5 ■ Extends ~1 km along strike of the regionally significant Gilmore Suture fault zone: ■ Strong coincident copper-zinc-lead anomaly, consistentl
Slide 11: Cumbine Prospect – Mt Walton
Lachlan Cu-Au Project - Central Region Cumbine Prospect – Mt Walton (EL8414) – TLM/Peel For personal use only ■ First pass RC drilling completed in October to test historic gold mineralisation and to test an existing untested historical IP anomaly. 6 ■ 4 holes for 757 metres drilled 9. ■ Drilling en
Slide 12: Lachlan Cu-Au Project: Recently Completed Work and Next Steps
Lachlan Cu-Au Project Recently Completed work and anticipated Next Steps in early 2019 For personal use only Lachlan Cu-Au Project Exploration Work Q4 CY18 Q1 CY19 Northern Region Sussex Project regional auger drilling Stage I Central Region Noisy Ned Prospect RC drilling to target Zn-Cu-Pb anomaly
Slide 13: Sinclair Nickel Project
Sinclair Nickel Project For personal use only Advanced opportunity with exploration upside in a proven nickel province Focused Australian mineral resources company 13
Slide 14: Sinclair: Development potential under right market conditions
Sinclair: Development potential under right market conditions Significant infrastructure in place with replacement value of approx. A$120M For personal use only ■ 350ktpa concentrator ■ Open pit, decline and underground mine ■ 200-person accommodation village ■ Administration buildings and stores ■
Slide 15: Sinclair Resource Mine Extension and Remnants
Sinclair: Sinclair Resource Mine Extension and Remnants JORC 2012 Indicated and Inferred Resource underpins potential mining inventory For personal use only JORC 2012 Mineral Resources2 JORC Category - Indicated Grade Cut-off (Ni%) Tonnage Ni % Ni t 0.5 370,000 2.0 7,400 0.1 350,000 2.1 7,300 1.5 25
Slide 16: Nickel Market Outlook: Market tightness with structural deficits
Nickel Market Outlook: Fundamentals provide an exciting outlook Market tightness with significant structural deficits For personal use only ■ Market in deficit 2016 and 2017 ■ Market tightness is evident with substantial stock draws from peak levels ■ Existing structural supply deficit … before the
Slide 17: Nickel Market Outlook: Demand driven by stainless steel
Nickel Market Outlook: Fundamentals provide an exciting outlook Nickel demand still driven by stainless steel…but For personal use only ■ Current total primary nickel market demand 2.2Mt/yr ■ Nickel in stainless steel ~70-75% of demand ■ 2017 +7% growth in nickel for stainless steel…similar growth f
Slide 18: Sinclair: Skye East & Delphi RC Drilling
Sinclair: Skye East & Delphi RC Drilling ■ Skye East contact position was a conceptual target - hinge fold extension of Skye trend For personal use only ■ Initial shallow drilling in August 2018 identified massive sulphide mineralization: ■ SNRC045 4m @ 1.28% Ni from 16m down hole7 ■ SNRC048 7m @ 3.
Slide 19: Sinclair: Other Regional Exploration
Sinclair: Other Regional Exploration Potential for discovery of nickel sulphide mineralisation close to existing infrastructure For personal use only ■ Multiple ultramafic trends over strike length approximately 80kms and within 30km of existing infrastructure on granted mining tenure ■ Mineralisati
Slide 20: The Talisman Investment Case
For personal use only The Talisman Investment Case Creating value through Mineral Discovery Focused Australian mineral resources company 20
Slide 21: The Talisman Investment Case
The Talisman Investment Case Exceptional exploration and development prospectivity in gold and copper For personal use only Realisation of $58M from sale of Springfield interest (net of debt) ■ Significant return planned to shareholders ■ Funding base for future exploration ■ Ongoing exposure to exp
Slide 22: Creating Value through Mineral Discovery
For personal use only Creating Value through Mineral Discovery AGM Presentation: November 2018 FF oo cc uu ss ee dd AA uu ss tt rr aa l i a n m i n e r a ll rr ee ss oo u rr cc e s c o m p aa nn yy 22
Slide 23: Appendix 1: Competent Persons' Statements
Appendix 1: Competent Persons’ Statements Exploration Results and Exploration Targets For personal use only Information in this presentation that relates to Exploration Results an Exploration Targets is based on, and fairly represents information and supporting documentation complied by Mr Anthony G
Slide 24: Appendix Sinclair: Skye and Stirling trends
Appendix 2 Sinclair: Skye and Stirling trends Potential for discovery of nickel sulphide mineralisation close to existing infrastructure For personal use only ■ Strong similarities to the Sinclair ore body -complexly folded high-MgO ultramafic body ■ Good down-plunge continuity -massive to heavily-d
Slide 25: Appendix 3: Corporate - Top Shareholders
Appendix 3: Corporate -Top 20 Shareholders TOP 20 SHAREHOLDERS For personal use only Rank Name 1-Nov-18 Rank Name 1-Mar-18 1 HARMAN NOMINEES PTY LTD 11,111,111 1 HARMAN NOMINEES PTY LTD 11,111,111 2 TYCHE HOLDINGS PTY LTD 6,400,001 2 TYCHE HOLDINGS PTY LTD 6,400,001 3 TWYNAM AGRICULTURAL GROUP PTY L
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