Mitre Mining — Talisman Mining — Shareholder Meeting (November 2022)
24 slides from Mitre Mining's shareholder meeting presentation, Nov 23, 2022
Slide 1: Annual General Meeting 2022
talismanmining.com.au Annual General Meeting 2022 Wednesday 23rd November 2022 Celtic Club, West Perth, Australia Focused Australian Mineral Resources Company
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Talisman Mining Limited. 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 purport be all inclusive
Slide 3: Talisman Profile – Leveraged to exploration success
Talisman Profile – Leveraged to exploration success ■ Highly prospective gold and base metal exploration project portfolio in Tier 1 jurisdiction: Lachlan Orogen focused explorer Central Lachlan Cu-Au Project Dandaloo Five NSW projects covering ~6,200km2 in known Copper Project mineralized areas
Slide 4: Talisman Profile – Leveraged to exploration success
Talisman Profile – Leveraged to exploration success ■ Five highly prospective gold and base metal exploration projects Central Lachlan Cu-Au Project covering two mineral belts: Central Lachlan Copper-Gold Project ■ Significant tenure position~4,500km2 ■ Multiple regional Au & base metals targets f
Slide 5: Corporate Overview
Corporate Overview Experienced Board and Management Capital Structure Kerry Harmanis - Non-Exec Chairman Shares on Issue 187.7M Shaun Vokes - Chief Executive Officer Unlisted Options (Exercise Prices: 25c-31c) 4.8M Russ Gregory - Exploration Manager Market Capitalisation (Market Close 18-Nov-2022) A
Slide 6: NSW Lachlan Project
NSW Lachlan Project 2022 Exploration Review Focused Australian Mineral Resources Company 6
Slide 7: 2022 Exploration Review - Operational Delay
2022 Exploration Review - Operational Delay ■ Combination of La Nina & positive Indian Ocean Dipole (IOD) events leading to record rainfall and widespread flooding in the Central West of NSW ■ Restricted access to exploration areas: Multiple and prolonged road closures by Local Government Authorit
Slide 8: 2022 Exploration Review – Geophysics and Drilling
2022 Exploration Review – Geophysics and Drilling ■ Based on an interpretation of Cobar Superbasin mineralisation that, regionally: all significant deposits have a gravity anomaly related to structure or alteration (usually identified post-discovery); and airborne electro-magnetic (AEM) surveys
Slide 9: 2022 Exploration Review – Geophysics and Drilling
2022 Exploration Review – Geophysics and Drilling ■ Q1 2022 Drilling Programs 5,441 metres drilled across 4 prospect areas Drilling successful in intersecting base and precious metal mineralisation at all prospects ■ Carpina North Gold Prospect Intersection of new extensive, low grade gold sys
Slide 10: 2022 Exploration Review – Geophysics and Drilling
2022 Exploration Review – Geophysics and Drilling ■ Kaolin Shaft/Durnings Prospect Polymetallic opportunity along strike from Mineral Hill Mine – 2022 intersections of Zn-Pb-Ag-Au-Cu mineralization open laterally and at depth, potentially drilled edge of larger VMS system 6 VTEM surveys indicate
Slide 11: 2022 Business Development Review
2022 Business Development Review ■ Basis ■ New opportunities (projects and/or corporate transactions) must be: in supportive/sound mining jurisdictions with low geopolitical/geographic risk (e.g. Australia) value-accretive and create long-term shareholder value either exploration stage or more
Slide 12: NSW Lachlan Project: Target Generation Pipeline & Outlook
NSW Lachlan Project Target Generation Pipeline & Outlook Focused Australian Mineral Resources Company 12
Slide 13: Staged Exploration Pipeline
Pathway to Discovery: Exploration methodology STAGED EXPLORATION PIPELINE FOCUSED, SYSTEMATIC, COST-EFFECTIVE EXPLORATION RESOURCE Resource definition program proving 4 1 IDENTIFY Conceptual targets and prospect areas economic size and grade. Learnings help identified from regional geophysics or con
Slide 14: Pathway to Discovery: Narrowing the search space
Pathway to Discovery: Narrowing the search space Complete Q2 2022 Survey targeted on regional review by Dr Jon Hronsky, aiming to identify geophysical anomalies related to Cu-Au-Pb-Zn-Ag systems VTEM Max AEM Survey Falcon AGG (Gravity Survey) Stage 1 - Identify Targeted Large-Scale Proven discovery
Slide 15: Pathway to Discovery: Narrowing the search space
Pathway to Discovery: Narrowing the search space ■ Cobar-style mineralization characteristics Structurally controlled, deformation- related sulphide bodies Known silica alteration halos associated with mineralisation ■ Falcon AGG System Most advanced airborne gravity system available Substan
Slide 16: Pathway to Discovery: Narrowing the search space
Pathway to Discovery: Narrowing the search space ■ Cobar-style mineralization characteristics Significant AEM anomalies at Cobar Basin deposits; Constellation (AIS) 6.7Mt @ 1.85% Cu, 0.58g/t Au, 2.9g/t Ag Mallee Bull (PEX) 6.8Mt @ 1.8% Cu, 0.4g/t Au 31g/t Ag, 0.6% Pb, 0.6% Zn AEM anomalism c
Slide 17: Pathway to Discovery: Defining Prospects from new data
Pathway to Discovery: Defining Prospects from new data Survey targeted on regional review by Dr Jon Hronsky, aiming to identify geophysical anomalies related to Cu-Au-Pb-Zn-Ag systems Complete Q2 2022 VTEM Max AEM Survey Falcon AGG (Gravity Survey) Stage 1 - Identify Proven discovery technique Cobar
Slide 18: Pathway to Discovery: Defining Prospects from new data
Pathway to Discovery: Defining Prospects from new data ■ Combining multiple datasets for new prospects Multi-layered approach to target generation using Planned 23Q1 Drillholes geological, geochemical & geophysical data Maxwell Plate Model (AEM) Rapid advancement in targeting concealed structura
Slide 19: Pathway to Discovery: Drill testing highest priority targets
Pathway to Discovery: Drill testing highest priority targets Survey targeted on regional review by Dr Jon Hronsky, aiming to identify geophysical anomalies related to Cu-Au-Pb-Zn-Ag systems Complete Q2 2022 VTEM Max AEM Survey Falcon AGG (Gravity Survey) Targeted Stage 1Large-Scale - Identify Proven
Slide 20: Pathway to Discovery: Drill testing highest priority targets
Pathway to Discovery: Drill testing highest priority targets ■ Drill Testing Priority Targets Priority targets are advanced to drill testing as soon as warranted with sufficient supporting information 12 target areas are proposed for drilling in Q1, 2023 focusing on significant conductivity and
Slide 21: Reducing delays through in-house capability
Pathway to Discovery: Reducing delays through in-house capability ■ Talisman’s focus is on 2023 and upcoming programs Most NSW explorers have suspended exploration due to flooding and will be looking towards resuming in 2023. Talisman expects contractor availability & lab capacity to be severely c
Slide 22: Talisman – Poised For Discovery
Talisman – Poised For Discovery Key Takeaways Significant highly prospective tenure position in a Tier 1 jurisdiction Multiple base and precious metals exposure Well Funded - ongoing royalty revenue stream + $9.5M cash balance Experienced Board and management team with a track record of valu
Slide 23: Questions
talismanmining.com.au Questions Annual General Meeting Presentation November 2022 Focused Australian Mineral Resources Company
Slide 24: 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 documentation complied by Mr Russ Gregory, who is a member o
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