Talisman Mining Limited · ASX:TLM
Talisman Mining — Shareholder Meeting (November 2010)
34 slides from Talisman Mining's shareholder meeting presentation, Nov 26, 2010
Slide 1: Annual General Meeting 2010
For personal use only ASX Code: TLM Annual General Meeting 2010 1
Slide 2: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for
Slide 3: Talisman Overview
Talisman Overview Key focus is the highly prospective Bryah Basin For personal use only Volcanogenic Massive Sulphides (VMS) copper- gold region: on the doorstep of Sandfire’s DeGrussa discoveries Clear and systematic exploration approach at Springfield: working to efficiently unlock its potential S
Slide 4: Corporate Summary
Corporate Summary Capital Structure For personal use only Shares 113.3M Options 37.2 M Market Cap: $ 105.4 M (Undiluted @ 93cents per share) Cash (at 30 Sept 2010) $ 12.8 M Substantial Shareholders Kerry Harmanis 15.59% Institutional Support Management Gary Lethridge (Managing Director) Peter Langwo
Slide 5: New Key Executive Appointments
Looking Back For personal use only New Key Executive Appointments 5
Slide 6: New Strategy Development & Portfolio Assessment
Looking Back For personal use only New Strategy Development & Portfolio Assessment 6
Slide 7: Initial Recapitalisation: Share Placement @ $0.30 (raised $5.2m)
Looking Back For personal use only Initial Recapitalisation: Share Placement @ $0.30 (raised $5.2m) 7
Slide 8: Discovery of DeGrussa Cu-Au Deposit by Sandfire Resources
Looking Back For personal use only Discovery of DeGrussa Cu-Au Deposit by Sandfire Resources 8
Slide 9: Wonmunna Project Scoping Study Completed
Looking Back For personal use only Wonmunna Project Scoping Study Completed 9
Slide 10: Springfield Project Exploration Commences
Looking Back For personal use only Springfield Project Exploration Commences Soil Sampling and Geological Mapping / Electromagnetic Surveys and infill Soil Sampling / Native Title, Statutory Permitting 10
Slide 11: JV Farm-out of Manganese Projects to Shaw River Resources
Looking Back For personal use only JV Farm-out of Manganese Projects to Shaw River Resources 11
Slide 12: Early Grant of Springfield Tenements
Looking Back For personal use only Early Grant of Springfield Tenements 12
Slide 13: Bryah Basin Expansion Strategy: Acquisition of Halloween Cu-Au Project
Looking Back For personal use only Bryah Basin Expansion Strategy: Acquisition of Halloween Cu-Au Project 13
Slide 14: Bryah Basin Expansion Strategy: Shelby Project - Open Ground Pegging
Looking Back For personal use only Bryah Basin Expansion Strategy: Shelby Project - Open Ground Pegging 14
Slide 15: Exploration Funding Sourced: Share Placement @ $0.90 (raised $9.5m)
Looking Back For personal use only Exploration Funding Sourced: Share Placement @ $0.90 (raised $9.5m) 15
Slide 16: Springfield Access Agreements & Clearances with Traditional Owners
Looking Back For personal use only Springfield Access Agreements & Clearances with Traditional Owners 16
Slide 17: Springfield Project Exploration: 1st phase reconnaissance drilling
Looking Back For personal use only Springfield Project Exploration 1st phase reconnaissance drilling 17
Slide 18: Springfield Project Exploration
Looking Back For personal use only Springfield Project Exploration Diamond drilling / 2nd phase RC drilling / RAB drilling / Airborne magnetics and radiometrics 18
Slide 19: Copper Sulphides Reported from Springfield
Looking Back For personal use only Copper Sulphides Reported from Springfield 19
Slide 20: Option Agreement to sell Iron Ore Assets for $41.35M
Looking Back For personal use only Option Agreement to sell Iron Ore Assets for $41.35M 20
Slide 21: Wonmunna Option Granted - Receipt of $2M non-refundable option fee
Looking Back For personal use only Wonmunna 3 month Option Granted - Receipt of $2M non-refundable option fee 21
Slide 22: Bryah Basin Copper-Gold Portfolio
Bryah Basin Copper-Gold Portfolio For personal use only Strategic regional footprint ~736km² Potential for high-grade, high- Exploration model: Emerging VMS Camp value deposits (eg DeGrussa) 22
Slide 23: Springfield Project
Springfield Project 303 sq km of granted Exploration For personal use only Licences (Granted Nov 09) Located 5km along strike from DeGrussa VMS Project: 10.67 Mt @5.6% Copper / 1.9g/t Gold 3 Prospective VMS Corridors: ~45km strike length Exploration to date: Surface geochemistry Airborne Magnetics T
Slide 24: Springfield Project – Northern Corridor
Springfield Project – Northern Corridor For personal use only VMS prospective “Corridor” established in multiple datasets Direct extension of trend from DeGrussa onto the Springfield Project Multiple high priority targets along Northern Corridor Drill testing ongoing: Diamond, RC and RAB 24
Slide 25: Springfield Project – Northern Corridor
Springfield Project – Northern Corridor For personal use only VMS prospective “Corridor” established in multiple datasets Direct extension of trend from DeGrussa onto the Springfield Project Multiple high priority targets along Northern Corridor Drill testing ongoing: Diamond, RC and RAB 25
Slide 26: Springfield Project – Northern Corridor
Springfield Project – Northern Corridor For personal use only VMS prospective “Corridor” established in multiple datasets Direct extension of trend from DeGrussa onto the Springfield Project Multiple high priority targets along Northern Corridor Drill testing ongoing: Diamond, RC and RAB 26
Slide 27: Springfield Project
Springfield Project For personal use only 27
Slide 28: Springfield Project
Springfield Project For personal use only 28
Slide 29: Halloween
Halloween For personal use only Acquired December 2009 Located 11.5km west of Springfield and 16.5km south-west of DeGrussa VMS deposits Exploration to date: Geochemistry Airborne Magnetics Targeted surface EM surveys 29
Slide 30: Northern Projects – Shelby/Milgun
Northern Projects – Shelby/Milgun For personal use only Interpreted northern extensions of Bryah Basin under younger sedimentary cover (Bangemall Basin) Close to Horseshoe Lights VMS Cu-Au Mine Potential extensions of Horseshoe Lights mineralised trend to the north Planned exploration includes mappi
Slide 31: Bryah Basin - Summary
Bryah Basin - Summary For personal use only Prospective region for VMS mineralisation – an emerging “Camp”? Talisman has four prospective project areas in the region Aggressive, focused exploration program in place Continuing to assess new regional opportunities 31
Slide 32: Wonmunna Iron Ore Project
Wonmunna Iron Ore Project For personal use only 32
Slide 33: Wonmunna Iron Ore Project
Wonmunna Iron Ore Project For personal use only Option granted to E-Com Multi Ltd to purchase $2M non-refundable option fee received Wonmunna & Uaroo Projects until 12 Feb 2011 Sale price of $41.35M (including option fee): Subject to ECE due diligence, various approvals, $34.25M cash capital raising
Slide 34: Going forward
Looking forward For personal use only Exercise of Wonmunna Option –funding requirements potentially secured Exciting exploration opportunities Targeted exploration at Springfield Cu-Au Project Commence or progress exploration at Shelby-Milgun-Halloween Projects Participate in the consolidation of th
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