East Kimberley

Text Box: Talisman Mining Ltd 100% Situated 20km west of the Sally Malay nickel mine, the East Kimberley project area was pegged to evaluate the potential for Sally Malay-type nickel mineralisation. The project area also has significant potential for base metals, gold and silver. Exploration to date has involved completion of a program of stream sediment geochemistry over readily accessible portions of the tenement. This survey has defined several strong nickel anomalies, in addition to copper, zinc, gold and silver - Figure 1 : East Kimberley Project Sampling. In the southwest of the project area multipoint stream sediment anomalies to 684ppm nickel (background = <50ppm) define the Toby, Bamboo and Willagee prospects. This highly anomalous nickel is variably accompanied by anomalous cobalt, copper, zinc and/or silver. These anomalies are associated with the gabbroic Toby intrusive complex and are indicative of, if not nickel mineralisation, at the very least the presence of ultramafic rocks which might host nickel mineralisation. The centre of the project area is dominated by multipoint base and precious metal anomalies with peak values to 10ppm silver (background = <0.03ppm), 399ppm copper (background = <30ppm), 206ppm zinc (background = <70ppm), and 17ppb gold (background = <2ppb). These anomalies, designated Pandanus, Fenceline and Sandy Creek, are generally associated with areas of strong faulting in mafic intrusive rocks, volcanics and metasediments. The 10ppm silver in stream sediment at Sandy Creek is a particularly strong anomaly indicative of silver mineralisation proximal to the sample site. The Sandy Creek anomaly is situated to the north of the historic Snake Zn/Cu/Pb prospect where mineralisation occurs in veins. A single rock chip sample collected from vein quartz in the Willagee prospect area assayed 5% copper and 694.5g/t silver. This mineralisation, also containing anomalous gold of 46ppb, is from quartz veining associated with a major east-northeast trending fault structure.

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East Kimberley Project

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