The Springfield Project is located approximately 150km north east of Meekatharra in the northern Murchison Goldfields, Western Australia (see Figure 1). The Springfield Project covers approximately 300 square kilometres of ground immediately adjacent to Sandfire Resources Limited's Doolgunna Project, which hosts the recently discovered DeGrussa, Conductor 1 and Conductor 4 high-grade copper-gold volcanogenic massive sulphide (VMS) deposits.

Figure (1) Springfield Project Location Plan

Key features of the Springfield Project include:

• Initial reconnaissance exploration by Talisman has identified the continuation of the same Upper Narracoota Volcanic Formation that hosts Sandfire Resources' high grade DeGrussa Cu/Au deposit for approximately 25 kilometres within the Springfield Project Area.
  
  
• The Springfield Project tenement boundary is approximately 5 kilometres to the east of Sandfire's DeGrussa discoveries.
  
  
• The typical nature of VMS deposits is that they occur in 'camps' of multiple deposits. This well understood geological concept potentially opens up the Springfield Project as one of the most prospective exploration properties in Western Australia for the discovery of high grade copper-gold VMS deposits.
  
  
• The Springfield Project comprises three Exploration Licence Applications (ELA) pegged by Talisman as part of a strategy targeting prospective formations within the Peak Hill District for gold and copper mineralisation.
  
  
• Historical open file soil geochemical data has identified a robust, highly anomalous copper response (with some supporting gold) immediately along strike of the DeGrussa discoveries. In addition, a series of copper anomalies that require detailed programs of follow-up exploration have been identified throughout the wider Springfield Project area.

Figure (2) Copper Geochemistry Image and Recent and Planned Work Programs