The Springfield Joint Venture Projects are located approximately 150km north-east of Meekatharra in the northern Murchison Goldfields region of Western Australia.

The Sinclair Nickel Project is located in the southern portion of the Agnew-Wiluna Greenstone belt, one of the world’s premier nickel provinces with reported endowment of over 9Mt of nickel and numerous world-class deposits.

Talisman has secured tenements in the Cobar/Mineral Hill region in Central New South Wales through the grant of 100% owned exploration licences and through separate earn-in joint venture and tenement purchase agreements. The Cobar/Mineral Hill region is a richly mineralised district that hosts several base and precious metal mines including the CSA, Tritton and Hera/Nymagee mines. This region contains highly prospective geology that has produced many long life, high-grade mineral discoveries. Talisman has identified a number of areas within its own and Joint Venture tenements that show evidence of base and precious metals endowment which have had very little modern systematic exploration completed to date. Talisman believes there is a significant potential for the discovery of substantial base metals and gold mineralisation within this land package.

Terms not listed are as defined in the Collins English Dictionary
(4th Australian Edition - ISBN 0 00 472219 1).