Slide 1: ASX cover letter: Corporate Presentation May 2009
Talisman Mining Ltd 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 Fax 618 9382 8200 www.talismanmining.com.au For personal use only 5 May 2009 The Manager Company Announcements Office Australian Securities E
Slide 2: First Steps: Building a Premier Australian Resources Company
For personal use only First Steps ……. Building a Premier Australian Resources Company May 2009
Slide 3: Our Vision
Our Vision… For personal use only “To build a quality Australian mining & exploration company focused on generating profits and shareholder returns…”
Slide 4: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
Slide 5: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
Slide 6: Quality Management with Strong Backing
Quality Management with Strong Backing For personal use only Key members of ex-Jubilee management team appointed: Gary Lethridge (Managing Director) – ex JBM EGM-Corporate/CFO Peter P t LLangworthy th (Consultant) (C lt t) – ex JBM EGM-Exploration EGM E l i Brian Dawes (Consultant) – ex JBM EGM-Oper
Slide 7: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
Slide 8: Jubilee: A Highly Successful Precedent
Jubilee… A Highly Successful Precedent For personal use only Successful history with a disciplined focus on: Discovery, Development and Exploitation of Nickel Sulphides Profits and Returns to Shareholders Strong focus on Dividends C Commitment it t to t organic i growth th th throughh exploration l
Slide 9: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
Slide 10: Talisman: Looking for Growth
Talisman – Looking for Growth… For personal use only Exploration & organic growth key to long-term success: Focused exploration efforts Proven exploration capabilities Appropriate ongoing funding levels Disciplined approach to acquisition & investment opportunities: Focus on quality and value-adding
Slide 11: Commodity Focus
Commodity Focus… For personal use only Nickel – strategic input to global steel and stainless steel i d t ddemandd expected industry, t d tto rebound b d withith global economic recovery Iron Ore & Manganese – as China’s growth & urbanisation continues so will demand for iron ore & manganese (used i
Slide 12: Why Nickel Sulphides?
Why Nickel Sulphides? For personal use only Core competency Relatively low barriers to entry: Modest Capex, low Opex Existing infrastructure – mine and downstream Counter cyclical opportunities Significant production capacity removed during recent downturn Low L ttechnical h i l risk i k Profitabili
Slide 13: Why Nickel Sulphides?
Why Nickel Sulphides? For personal use only Over 45% of the nickel supplying the world’s stainless steel production is currently sourced from higher cost laterite projects…
Slide 14: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
Slide 15: Our Existing Projects
Our Existing Projects For personal use only Wonmunna 100% Anticline royalty Fe Yamada 100% Tom Price royalty Trillbar 80% Sakaladis 100% Uaroo 100% Au/U / Maitland 80% Yilgalong 100% Milgun 100% Yamarna 100% Wandanya 100% Mn Gangarrigan 100% Base Uaroo 100% M t l Metals E t Ki East b l 100% Kimberle
Slide 16: Existing Projects
Existing Projects For personal use only Wonmunna – Iron Ore Wandanya – Manganese U Uaroo G ld & bbase metals – Gold t l Trillbar – Gold, Iron Ore
Slide 17: Wonmunna Project Location
Wonmunna Project Location For personal use only
Slide 18: 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 10.0Mt 61 3 % FFe (60% cut-off) t ff) Marra Mamba-hosted hematite-goethite mineralisation i li ti Strategic location ~25km from world- class iron ore mines
Slide 19: Wonmunna Project
Wonmunna Project For personal use only Metallurgical testwork indicates ability to pproduce saleable ggrade DSO in lump and fines Lumpp : fines = 60 : 40 Amenable to free digging mining Scoping Study by AMC Consultants Pty Ltd nearing completion Various options under review to advance to the next st
Slide 20: Wandanya Manganese Project
Wandanya Manganese Project For personal use only Located in East Pilbara Manganese M Province P i 50km from world-class Woodie Woodie Mine Proven Mn province Rock chips up to 65% Mn Detailed geophysics indicates multiple Manganese targets
Slide 21: Other Projects
Other Projects For personal use only Uaroo Project Ashburton Mineral Field B/n Carnarvon & Onslow Rockchip Au anomaly (also other minerals) i l ) Stream sampling Ni/Cu/Co anomaly Trillbar Gold Project Peak Hill Gold Field 60km from Fortnum Mine
Slide 22: A New Strategic Direction
A New Strategic Direction… For personal use only Quality management team with strong backing: A highly successful precedent: Looking for growth: Strong foundations: Our point of difference:
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 shareholder Genuine commitment to exploration Quality & consistency Returns to shareholders G th Growth
Slide 24: Corporate Summary
Corporate Summary For personal use only CAPITAL STRUCTURE 75.4M 75 4M shares h on issue i 40.3M options on issue Market Capitalisation $18 8M (1 May 2009) $18.8M (Undiluted & 25 cents per share) SUBSTANTIAL SHAREHOLDERS Top 20 hold 45% Steve Elliott 9.5% Kerry Harmanis 6.6%
Slide 25: Our Vision
Our Vision… For personal use only “To build a quality mid-tier Australian mining & exploration company focused f on generating profits and shareholder returns…”
Slide 26: First Steps: Building a Premier Australian Resources Company
For personal use only First Steps ……. Building a Premier Australian Resources Company May 2009
Slide 27: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements For personal use only Competent Persons’ Statement Information in this presentation that relates to the Wonmunna Mineral Resources is based on information compiled by Mr Chris De-Vitry, who is a member and registered practicing geologist of the Australian In