Talisman Mining Ltd 80% - Murchison Resources Pty Ltd 20%

The Maitland gold project covers all of the Maitland Greenstone Belt in the northern Yilgarn block, Western Australia. This poorly explored area is considered to have good potential for gold.

RECONNAISSANCE SOIL GEOCHEMISTRY

Figure (1) Maitland Soil Sampling (Gold)

Reconnaissance soil geochemistry at predominantly 200m x 40m centres has been completed over all of the Maitland Greenstone Belt not obscured by transported cover (Figure 1).  In addition to strong gold-in-soil anomalies defined coincident with the abandoned gold workings at Maitland South and Maitland North, several anomalies were also defined coincident with the Mudawerrie BIF and in other areas of the Greenstone Belt.  The significance of these latter anomalies is yet to be determined. 

Reconnaissance RC drilling has been completed across the Mudawerrie  gold anomaly, returning a best intercept of 2m @ 1.54g/t gold, and reconnaissance RC drilling at Maitland South gold workings returned a best intercept of 4m @ 3.82g/t gold.