Talisman Mining Ltd 100%

The Shelby Project is situated in the Peak Hill goldfield, Western Australia, approximately 240km north of Meekatharra and 30km north of the Horseshoe Lights Copper-Gold Mine. The project consists of three Exploration Licence Applications covering a position on the southern margin of the Bangerall Basin, targeting an area of the Bryah Basin that is interpreted to extend under the overlying younger sedimentary basin. This area is interpreted to represent the buried, potential northern strike continuation of the Narracoota Volcanics Formation. The western part of the applications encompasses an area of exposed Bryah Basin that may host prospective stratigraphy within Ravelston Formation sediments similar to the nearby Horseshoe Lights Mine.

Ongoing work will, as a priority, concentrate upon delineating the depth of the cover, as well as the nature of the large magnetic feature currently interpreted as buried Bryah Basin and its potential to host Cu-Au Mineralisation, as well as evaluating the potential of the western exposed sequence to host prospective Narracoota Volcanics Formation.