Talisman Mining Limited · ASX:TLM
Talisman Mining — Investor Presentation (October 2009)
24 slides from Talisman Mining's investor presentation, Oct 23, 2009
Slide 1: ASX cover letter: Updated Corporate Presentation
Talisman Mining Ltd y ABN 71 079 536 495 TALISMAN MINING 6 Centro Avenue, Subiaco, WA 6008, Australia PO Box 1262, Subiaco, WA 6904, Australia Tel 618 9380 4230 y Fax 618 9382 8200 www.talismanmining.com.au For personal use only 23 October 2009 The Manager Company Announcements Office Australian Sec
Slide 2: Building a Premier Australian Resources Company
For personal use only ASX Codes: TLM, TLMO “Building a Premier Australian Resources Company” October 2009 1
Slide 3: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements Competent Person’s Statement For personal use only Information in this presentation that relates to Exploration Results and Mineral Resources is based on information compiled by Mr Harry Cornelius, who is a member of the Australasian Institute of Mining and
Slide 4: Our Vision
Our Vision… For personal use only “To build a quality Australian mining & exploration company focused on generating profits and shareholder returns…” 3
Slide 5: Quality Management with Strong Backing
Quality Management with Strong Backing Gary Lethridge (Managing Director) – ex JBM EGM-Corporate/CFO For personal use only Peter Langworthy (Executive Director) – ex JBM EGM-Exploration Brian Dawes (Executive Director) – ex JBM EGM-Operations & Projects Alan Senior (Chairman) – ex JBM Non-Executive
Slide 6: 2009 … the story so far
2009 … the story so far Growing awareness & support from investment community For personal use only Recognition of potential of Springfield Project 5
Slide 7: Pathways to Growth
Pathways to Growth… Exploration & organic growth key to long-term For personal use only success: Proven exploration capabilities Appropriate ongoing funding levels Incremental growth steps to create value: Advance & add value to existing projects Progressively add relevant exploration and production
Slide 8: Commodity Focus
Commodity Focus… Copper – For personal use only low barriers to entry, strong longer term outlook, relatively short lead time to development Nickel – strategic input to global steel and stainless steel industry, demand expected to rebound with global economic recovery Iron Ore & Manganese – as China
Slide 9: Project Review
Project Review For personal use only 100% owned SPRINGFIELD (Cu-Au) Cu-Au VMS opportunity Emerging VMS camp 100% owned WONMUNNA (Fe) JORC Resource (incl. DSO) Exploring value realisation options JV with Shaw River Resources WANDANYA (Mn) Focused Mn explorers Added value Experience and expertise NICK
Slide 10: Project Review – where are we?
Project Review – where are we? For personal use only Western Australian focus Springfield Cu-Au Project Emerging project pipeline – Bryah Basin: Milgun (VMS Cu-Au) Shelby (VMS Cu-Au) Other projects: Uaroo (VMS Cu-Au) Wonmunna (iron ore) Shaw River JV (Mn) 99
Slide 11: Springfield Project – Overview
Springfield Project – Overview Exploration Licence Applications For personal use only covering 303 km² Grant of tenements anticipated in early 2010 Peak Hill Mineral District (Bryah Basin) Prospective for high-grade Copper-Gold (Cu-Au) VMS-style deposits Proximity to Sandfire Resources’ Doolgunna Pr
Slide 12: Springfield Project – Overview
Springfield Project – Overview Tenements cover approximately For personal use only 25km strike length of prospective geology (Upper Narracoota Formation) Exploration model based on understanding VMS Camps – where deposits generally occur in “clusters”, such as: Canada (eg, Kidd Creek, Bathurst, Nora
Slide 13: Springfield Project – Recent Work
Springfield Project – Recent Work First phase of soil and For personal use only lag geochemical sampling complete Northern zone: Series of discrete copper anomalies identified Along strike from DeGrussa Southern zone: New extensive zone of copper anomalism over +9km strike length 5 distinct anomalie
Slide 14: Springfield Project – Current Work
Springfield Project – Current Work For personal use only Northern zone: Extension and in- fill soil sampling in progress Initial ground electromagnetic surveys (MLEM) Nov/Dec 2009 Southern zone: Extension and in- fill lag sampling 13
Slide 15: Volcanogenic Massive Sulphide (VMS) Geological Model
Volcanogenic Massive Sulphide (VMS) Geological Model For personal use only 14
Slide 16: The Evolution of a World-Class VMS Camp
The Evolution of a World-Class VMS Camp For personal use only 1938: 1958 – 1960 1 Deposit 4 Deposits 1938 – 1952: 1960 – 1970 6 Deposits 2 Deposits 1970 – 1980 1952 – 1954: 3 Deposits 6 Deposits 1980 – 1990 1954 – 1956: 3 Deposits 11 Deposits TOTAL: 1956 – 1958: 41 Deposits for 5 Deposits 490.5Mt 15
Slide 17: An Emerging World-Class VMS Camp?
An Emerging World-Class VMS Camp? For personal use only 1980’s 2009 Horseshoe Lights VMS deposit DeGrussa/Conductor 1 Cu-Au discovered discoveries (Doolgunna Project) – JORC resource in progress 16
Slide 18: Springfield Project – Summary
Springfield Project – Summary For personal use only Large landholding (EL applications) in close proximity to recent Doolgunna high-grade copper-gold VMS discovery Extension of prospective Upper Narracoota Volcanic formation Strong emerging geochemical support VMS camp model highlights discovery pot
Slide 19: Wonmunna Project
For personal use only Wonmunna Project 18
Slide 20: Wonmunna Project
Wonmunna Project For personal use only Inferred Resource of 78.3Mt @ 56.0% Fe (50% Fe cut-off) Includes high-grade DSO resource of 10.0Mt @ 61.3 % Fe (60% cut-off) Testwork indicates ability to produce saleable grade DSO in lump and fines Scoping Study completed Value realisation options under revie
Slide 21: Shaw River Manganese JV
Shaw River Manganese JV Three project areas in emerging For personal use only E. Pilbara Manganese Province 50km from world-class Woodie Woodie Mine Farm-out agreement recently concluded with Shaw River Resources Shaw River to earn up to 70% interest by funding exploration and up-front payment of $5
Slide 22: Corporate Summary
Corporate Summary For personal use only CAPITAL STRUCTURE 93.0M shares on issue 45.3M options on issue Market Capitalisation $102M (20 Oct 2009) (Undiluted @ $1.10 cents per share) Cash $7.5M (at 20 October 2009) SUBSTANTIAL SHAREHOLDERS Kerry Harmanis 13.4% 21
Slide 23: Our Point of Difference
Our Point of Difference… For personal use only Commitment to delivering on what we say we will do Ability to identify, evaluate & exploit valuable new opportunities Strong support of strategic shareholders Genuine commitment to exploration Quality first & focus Returns to shareholders Growth 22
Slide 24: Our Vision
Our Vision… For personal use only “To build a quality Australian mining & exploration company focused on generating profits and shareholder returns…” 23
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