Talisman Mining Limited · ASX:TLM

Talisman Mining — Investor Presentation (July 2016)

25 slides from Talisman Mining's investor presentation, Jul 26, 2016

  1. Slide 1: Discovering & Developing Opportunities in Copper-Gold and Nickel

    Focused Australian mineral resources company For personal use only Discovering & Developing Opportunities in Copper-Gold and Nickel Investor Presentation July 2016 - Dan Madden, Managing Director Focused Australian mineral resources company 1

  2. Slide 2: Disclaimer and Competent Person's Statements

    Disclaimer and Competent Person’s Statements Disclaimer This presentation has been prepared by Talisman Mining Ltd. 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 bee

  3. Slide 3: Corporate Overview

    Corporate Overview Capital Structure Dan Madden - Managing Director For personal use only ► Previous CFO and Co Sec of Talisman 2009-April 2016. Shares on Issue 185.7M ► +15 years’ experience in the resources sector across base & precious metals from exploration to operations. Unlisted Options 5.6M

  4. Slide 4: Talisman Strategy and Philosophy

    Talisman Strategy and Philosophy OWNERSHIP For personal use only “Maximise value to shareholders through ► Behave and act as business owners exploration, discovery and development of ► Be accountable for our decisions and actions opportunities in base & precious metals”. ► What we say is what we do

  5. Slide 5: Talisman Overview - Advanced Opportunities in WA

    Talisman Overview - Advanced Opportunities in WA 30% interest in Springfield Cu-Au Joint Venture For personal use only ► High grade Monty Deposit located 10km DeGrussa ► Proven world-class VMS province ► Monty Feasibility Study commenced, MLA submitted ► Contains multiple prospective VMS corridors ►

  6. Slide 6: Springfield Copper-Gold Project

    For personal use only Springfield Copper-Gold Project Growth through discovery and development in a proven world-class VMS province F o c u s e d A u s t r a l Ii a n m i n e r a l r e s o u r c e s c o m p a n y 6

  7. Slide 7: Springfield Copper-Gold Joint Venture

    Springfield Copper-Gold Joint Venture ► Talisman 30% interest in joint venture with Sandfire For personal use only Resources ► Located in eastern portion of Bryah Basin ► High-grade Monty Mineral Resource - Feasibility Study underway ► Proven world-class VMS province ► Geological model - deposits oc

  8. Slide 8: Monty Deposit – Moving Beyond Discovery

    Monty Deposit – Moving Beyond Discovery High-grade & high quality Mineral Resource estimate For personal use only ► ►High-grade – 1.05Mt @ 9.4% Cu & 1.6g/t Au for 99kt Cu & 55kOz Au1 contained ►Massive Sulphide Component - 763kt @ 12.1% Cu & 2.1g/t Au1 ► Feasibility Study commenced -$3.9M budget ►Me

  9. Slide 9: Monty Deposit - Significant Upside Potential

    Monty Deposit - Significant Upside Potential ► Limited drilling beyond currently For personal use only defined Mineral Resource envelope ► Potential for fault displaced extensions ► Bornite – ultra-high grade, DSO potential ► Planned diamond drilling and DHEM to SOUTH WEST FAULT OFFSET? test for add

  10. Slide 10: Monty Deposit - Potential for additional VMS lenses?

    Monty Deposit - Potential for additional VMS lenses? Forensic, systematic exploration approach, the pathway to success For personal use only DeGrussa: ► 2 years & +200,000m of drilling delineated DeGrussa & discovered C1, C4 & C5 ► “Mineral resource has been increased by 100% ADDITIONAL SOUTH WEST F

  11. Slide 11: Springfield Exploration Potential – Multiple Prospective Horizons

    Springfield Exploration Potential – Multiple Prospective Horizons ► Exploration over wider For personal use only Springfield Project at early stages ► Multi-pronged Exploration activities planned in region ► Systematic AC program to delineate interpreted VMS host horizons ► RC drilling and DHEM surv

  12. Slide 12: Sinclair Nickel Project

    For personal use only Sinclair Nickel Project Advanced Opportunity in a Proven Nickel Province F o c u s e d A u s t r a l Ii a n m i n e r a l r e s o u r c e s c o m p a n y 12

  13. Slide 13: Nickel Project – Overview

    Sinclair Nickel Project – Overview Located in world-class Agnew-Wiluna Greenstone For personal use only ► belt, over 9Mt of reported nickel production ► Historical Sinclair mine production (2008-2013) ► 1.58 Mt @ 2.44% Ni for 38,500t of contained Ni ► Sinclair Nickel Mine & infrastructure ► Potentia

  14. Slide 14: Trend – Generating Near Mine Opportunities

    Sinclair Trend – Generating Near Mine Opportunities A For personal use only ► Recent work undertaken to refine the targeting model for “Sinclair style” deposits ► Understand controls on mineralisation ► Reinterpretation of the historic drilling; lithology, geochemical signature, structure & supporti

  15. Slide 15: Trend – Sinclair, Stirling & Skye

    Sinclair Trend – Sinclair, Stirling & Skye For personal use only ► Sinclair Remnants ► Sinclair deposit mined to ~445m vertical depth at average 2.44% Ni ► Situated along the strike extent of existing mine ► Accessible from existing underground development Potential resource targets Focused Australi

  16. Slide 16: Trend – Sinclair, Stirling & Skye

    Sinclair Trend – Sinclair, Stirling & Skye For personal use only ► Sinclair Extension ► Mineralised along 1km strike beyond existing mine ► Wide spaced drilling (50-200m sections) ► Open at depth 5.6m @ 2.64% Ni 9.3m @ 2.31% Ni 6.3m @ 3.32% Ni Potential 9.3m @ 2.77% Ni resource targets Focused Austr

  17. Slide 17: Trend – Sinclair, Stirling & Skye

    Sinclair Trend – Sinclair, Stirling & Skye ► Stirling & Skye For personal use only ► Parallel mineralised contacts close to Sinclair ► Limited coverage of mineralised position in existing drilling ► Untested DHEM conductors ► Interpreted extension of mineralisation is untested Drill ready targets Fo

  18. Slide 18: Trend – Sinclair, Stirling & Skye

    Sinclair Trend – Sinclair, Stirling & Skye For personal use only Potential resource targets Drill ready targets Future work programs under development Focused Australian mineral resources company 18

  19. Slide 19: Trend – Eastern Contact

    Sinclair Trend – Eastern Contact Fertile basal contact horizons identified parallel to Sinclair For personal use only 2.16m @ 2.12% Ni ► Eastern Contact ► Proximal to decline ► Massive sulphide intersected in CWD536B 2.16m @ 2.12% Ni confirming fertile contact ► Limited drilling to date, untested po

  20. Slide 20: Trend – Delphi North

    Sinclair Trend – Delphi North Sinclair Cross Section – 6860250mN For personal use only SND001 ► Priority Target - exploration program to commence shortly ► Lightly drilled, potential Sinclair style target exists ► Similar lithology, geochemical signature, structure & EM anomalies ► Intercepts to dat

  21. Slide 21: Nickel Project – Multiple Exploration Opportunities

    Sinclair Nickel Project – Multiple Exploration Opportunities For personal use only ► Greenfield opportunities ► 80 strike km prospective ultramafics ► Within 35km radius of existing infrastructure ► Priorities from 2015 regional targeting exercise ► Schmitz Well South – Mapping, sampling & EIS co- f

  22. Slide 22: Looking Forward - Multiple Growth Opportunities

    Looking Forward - Multiple Growth Opportunities Developing Q3’16 Q4’16 Q1’17 Q2’17 Q3’17 Q4’17 Opportunities For personal use only Sinclair Exploration Phase 1 Sinclair Exploration Phase 2 Springfield Exploration Monty Feasibility Study Monty ? Development Assessment of New Opportunities • 17 June 2

  23. Slide 23: Looking Ahead – Multiple Growth Opportunities

    Looking Ahead – Multiple Growth Opportunities ► Highly leveraged to success from active exploration For personal use only programs ► Regional exploration activities underway and gathering momentum at Springfield ► Drilling the first in a series of new nickel targets near established infrastructure a

  24. Slide 24: Discovering & Developing Opportunities in Copper-Gold and Nickel

    Focused Australian mineral resources company For personal use only Discovering & Developing Opportunities in Copper-Gold and Nickel Investor Presentation July 2016 - Dan Madden , Managing Director Focused Australian mineral resources company 24

  25. Slide 25: Appendix

    Appendix 1 ► 1Information in this release that relates to the Monty JORC Mineral Resource For personal use only estimate is information previously published by Sandfire Resources NL (“Sandfire”) and is available on the Sandfire and ASX websites (see announcement “Maiden High- Grade Mineral Resource

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