New Gold Targets to be Tested as Exploration Ramps Up
Released
Released
Announcement PDF
ASX: TLM | 17 June 2025
ASX Announcement
New Gold Targets to be Tested in NSW as CopperGold Exploration Ramps Up on Several Fronts
Highlights:
Lachlan Projects, New South Wales
Mineral Hill – Canbelego Belt
• Multiple gold exploration targets identified following a tenement-wide review of regional geology,
geochemistry, and geophysics.
• The new targets are defined by extensive near-surface assay results and/or geophysical features.
• An initial RC drilling program at the Sheepyard target located along the Walkers Hill gold geochemical
trend will commence in late June.
•
1,600-hole auger geochemical survey testing prospective geology and geophysical architecture is also
scheduled to commence in June.
Macquarie Arc Projects, New South Wales
Yarindury Project
• A ground Induced Polarisation (IP) and Magnetotelluric (MT) geophysical survey will commence soon to
screen key porphyry copper gold prospective magnetic anomalies for new priority drill targets.
East Peak Hill Project
• A 150-hole auger geochemical survey is in progress to define gold anomalism for follow-up RC drilling.
Gawler Projects, South Australia
Mabel Creek
• A 1,366-metre, three-hole diamond drilling program was recently completed targeting magnetic and
gravity anomalies.
• Hole MCMRD002 intersected a broad hydrothermal alteration zone which returned weakly anomalous
molybdenum (Mo) and rare earth elements (REE).
• The possibility of this Mo-REE alteration to provide vectors to IOCG mineralisation at Mabel Creek is
currently being assessed further via integrated geochemical, petrological and geochronological
analysis.
• Additional IOCG-style geophysical targets, south of the Horse Camp Fault, are being reviewed for drill
testing.
Corporate
• Talisman has secured 100% ownership of the Mt Walton JV Project, including the highly prospective
Cumbine Prospect.
Talisman Mining Limited (TLM, The Company) is pleased to provide an update on recent and upcoming
exploration activities across its Lachlan and Macquarie Arc Projects in NSW and Mabel Creek IOCG Project in
South Australia.
Talisman Mining | Suite 1, Ground Floor, 33 Colin St, West Perth 6005
ABN 71079 536 495
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Lachlan Project
A comprehensive geological, geochemical and geophysical review across all TLM Mineral Hill-Canbelego
Volcanic Belt (MHCVB) tenure has just been completed (Figure 1).
The review identified two high priority targets in the Walkers Hill gold geochemical trend scheduled for initial
Reverse Circulation (RC) drilling to begin in late June.
The review also identified multiple untested areas of soil/regolith within prospective parts of the MHCVB that
require geochemical infill sampling (Geochemical Gaps) (Figure 2). A 1,600-hole auger program is scheduled to
commence in late June 2025 targeting these areas.
Figure 1. Talisman’s Lachlan Project which covers the Mineral Hil- Canbelego Volcanic Belt (MHCVB) on a
regional TMI Airborne Magnetic image. High-grade base metals and copper-gold deposits in the belt include
CSA, Peak, Hera, Federation and Mineral Hill. Other Talisman tenure in the area (to the east and south-east of
Cobar and north of Condobolin) is also show.
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Figure 2. Lachlan Project’s southern tenements area with geology and gold-in soil geochemistry. The Walkers
Hill geochemical trend (highlighted) is the largest and most coherent soil geochemical anomaly in the area
spanning approximately 10km by 2.5km, which contains the Maroonbah and Sheepyard targets. Geochemical
gaps across prospective trend of the Mineral Hill - Canbelego Volcanic Belt (MHCVB) are also highlighted.
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Walkers Hill
The Walkers Hill geochemical trend, the largest in the district, comprises an extensive gold-in soil anomaly, of
approximately 10km by 2.5km of which 5km is within Talisman tenement EL 8571 (see Figure 2 and Figure 3).
Several stages of exploration have been undertaken since 2000 by Triako Exploration, Paradigm Resources and
Talisman Mining to advance the understanding of this high-priority geochemical trend.
Historical exploration results within the Walkers Hill trend include: (See Table 3)
•
•
•
1,250 soils taken at the Sheepyard and Maroonbah Targets between 2003 and 2008. These results show
distinct coherent soil anomalies for Au (>20ppb) and As (>150ppm). See Figure 3.
RC drilling
o 40m at 0.46 g/t Au from 3m (PMV005) and 12m at 0.38g/t Au (TMY027) from surface at
Sheepyard (Table 3).
o 20m at 0.48 g/t Au from 16m (TBC015) and 5m @ 0.54 g/t Au from 14m (TBC016) at Maroonbah
(TBC015) (Table 3).
o All mineralised holes ended in oxide and drilling was limited to 60m below surface.
Pole Diploe Induced Polarisation (PDIP) geophysical survey completed by Talisman in 2023 revealed a
chargeability anomaly below mineralised RC drill intercepts at the Sheepyard target (Figure 4).
Talisman will shortly commence RC drilling at the Sheepyard Target.
Planned RC drilling will consist of four RC holes up to 200m deep testing the large PDIP anomaly situated below
historical anomalous drill intercepts (see Figure 4) including 40m at 0.46g/t Au within the oxide zone of hole
PMV005.
At completion of the Sheepyard Target drilling, ground geophysical surveying at Maroonbah Target and further
reconnaissance of the Walkers Hill geochemical trend will commence with the objective of undertaking further
drilling in the September 2025 Quarter.
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Figure 3. Walkers Hill geochemical gold trend which includes the Sheepyard and Maroonbah Targets. Coherent
gold and arsenic-in-soil anomaly with location of TLM PD IP lines, historic drilling and proposed TLM RC holes.
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Figure 4. Sheepyard target PDIP section 10200N within the Walkers Hill geochemical trend. The strong IP
chargeability anomaly sits below a significant, coherent gold and arsenic-in-soil anomaly and below intercepts
of 40m at 0.46g/t Au from 3m (PMV005) and 12m at 0.38 g/t Au from surface (TMY027) in shallow RC drilling.
Talisman’s initial RC drilling program will test the IP anomaly at depths up to 200m below surface. (For planned
drill hole location see Figure 3).
Macquarie Arc Projects, NSW
Yarindury (EL 9679) – Geophysical survey
Yarindury is located 30km north-east of Dubbo within the Molong Volcanic Belt, which forms part of the
Macquarie Volcanic Arc in central-western NSW. The tenement lies along the same prospective corridor as
Alkane Resources’ (ASX: ALK) Boda–Kaiser Project, 20km to the south-east, and Newmont’s (NYSE: NEM) worldclass Cadia copper-gold mine, located 100km along strike to the south (Figure 5).
Talisman’s planned exploration program over the second half of CY2025 includes a three-line, 13km long, IP
(Induced Polarisation) and MT (Magnetotelluric) ground geophysical survey which will commence in July. The
survey is targeting prominent magnetic anomalies in the south-eastern portion of the tenement, where historical
drilling indicates basement depths of approximately 200m. Drill testing of targets generated from this survey is
planned for the September 2025 Quarter (Figure 6).
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Figure 5. Molong Volcanic Belt, part of the Macquarie Volcanic Arc in central-western NSW. Regional magnetic
(RTP) image with key deposits and TLM Tenement EL 9679 “Yarindury”.
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Figure 6. Yarindury project area on magnetic image (RTP). Planned Ground geophysical IP (Induced Polarisation)
and MT (Magnetotelluric) Survey line locations are illustrated.
East Peak Hill (EL 9395) – Auger Drilling
EL 9395 is located in central western NSW zone on the Junee–Narromine Volcanic Belt (JNVB) of the Macquarie
Volcanic Arc. The JNVB extends over 200km north–south and its northern portion hosts Alkane Resources’ (ASX:
ALK) Tomingley Gold Mine (shear hosted vein deposits) and the Peak Hill high-sulphidation-epithermal gold
deposit. The EL is situated immediately south-east of the Tomingley gold mine
Talisman interprets East Peak Hill to be highly prospective for orogenic shear-hosted vein style gold
mineralisation, high sulphidation vein style gold and porphyry style copper-gold mineralisation.
East Peak Hill Project contains interpreted andesitic volcanic units striking north–south along the length of the
tenement.
An initial scout 150-hole auger survey commenced in May 2025, targeting areas of shallow to moderate cover.
Any material copper or gold anomalies identified by the survey will be followed up RC drilling in the SeptemberOctober 2025 period (Figure 8).
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Figure 7: Talisman Exploration Licences across the Narromine-Junee Volcanic Belt. The northern block located
adjacent to the Tomingley Gold Mine is the East Peak Hill (EL 9395) project area. Additional TLM tenure is also
shown.
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Figure 8: EL 9395 with location of initial 150-hole auger program in broadly spaced lines targeted above
interpreted N-S striking andesite units. Additional Auger drilling and RC drilling will be caried out depending on
results.
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Gawler Craton – South Australia
Mabel Creek – June half drilling results
Talisman acquired 100% ownership of the Mabel Creek IOCG Project in June 2023, securing a 1,048km²
landholding approximately 30km west of Coober Pedy. The project is located over the post mineral covered
parts of the Northern Gawler Craton, spanning the Nawa Domain and Mount Woods - Coober Pedy Ridge
Complex. These geological domains are separated by a major east–west trending structural corridor known as
the Karari Shear and Horse Camp Fault (Figure 9).
The Gawler Craton is highly prospective for large-scale Iron Oxide Copper Gold (IOCG) systems and hosts worldclass deposits such as Olympic Dam, Carrapateena, and Prominent Hill, as well as recent discoveries including
Oak Dam and Emmie Bluff.
Figure 9: Simplified regional geology of the northern Gawler Craton showing Mabel Creek project area, major
structural geological features and mineral deposits.
Following a detailed ground gravity survey completed in 2024 1, Talisman conducted an initial diamond drilling
program in March–April 20252 . Three holes (MCMRD001–MCMRD003), totalling 1,367m were completed which
tested near-coincident magnetic and gravity anomalies under post mineral cover, in the Nawa Domain north of
the Horse Camp Fault (Figure 10 and Figure 11).
Basement rocks were intersected at expected depths of between 205m to 305m. Diamond drilling intersected a
suite of metamorphic lithologies including granite gneiss, pegmatitic granite, amphibolite and calc-silicate
rocks, with variable levels of hydrothermal alteration observed in most holes.
Result in hole MCMRD002, which tested anomaly P2 adjacent to the Horse Camp Fault were encouraging . This
hole intersected a broad hydrothermal alteration zone with elevated molybdenum (Mo) and rare earth elements
Note 1. ASX: TLM -30 October 2024. Note 2. ASX: TLM -28 October 2025.
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(REE) (Table 2). The significance of this zone as a potential vector toward IOCG mineralisation is being assessed
further via detailed geochemical, petrological and geochronological studies.
The tenure remains prospective for IOCG-style mineralisation.
Following a review of the data, the area south of the Horse Camp Fault with likely shallow post mineral cover,
has been identified as an exploration priority where several near-coincident magnetic and gravity anomalies are
located within the Mt Woods -Coober Pedy Ridge Complex. A second phase of exploration drilling is planned.
Ongoing geophysical modelling, incorporating insights from the initial drilling is underway to refine target drill
hole locations.
Figure10: Mabel Creek tenure over processed magnetic (RTP) target images. Targets P1 to P4 sit adjacent to
Nawa domain rocks north of the interpreted E-W oriented Horse Camp Fault zone.
`
Figure 11: Mabel Creek tenure over processed gravity target images. Targets P1 to P4 sit adjacent to Nawa
domain rocks north of the interpreted E-W oriented Horse Camp Fault zone.
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Exploration Licence
Prospect
Hole ID
Hole Type
Easting
Northing
RL (m)
Dip (deg)
EOH Depth (m)
EL6620
Mabel Creek
MCMRD0001
MR/DD
447307
6792989
186
-90
423.7
EL6619
Mabel Creek
MCMRD0002
MR/DD
440500
6793167
199
-90
420.8
EL6619
Mabel Creek
MCMRD0003
MR/DD
436391
6791795
193
-90
522.1
Te (ppm)
0.21
0.36
0.02
0.03
0.04
0.03
0.02
0.03
0.01
0.07
0.01
0.00
0.00
Zn (ppm)
63.55
20.70
22.68
15.40
39.14
21.60
54.65
40.24
3.82
40.75
11.40
21.40
31.20
Table 1: Mabel Creek drill hole information summary.
HoleID
Type
From (m)
MCMRD001 Fresh Rock 236.00
MCMRD001 Fresh Rock 268.00
MCMRD002 Fresh Rock 296.40
including
296.40
MCMRD002 Fresh Rock 315.00
including
324.60
MCMRD002 Fresh Rock 331.00
MCMRD002 Fresh Rock 338.00
MCMRD002 Fresh Rock 348.00
MCMRD002 Fresh Rock 358.00
MCMRD002 Fresh Rock 389.00
MCMRD003 Fresh Rock 418.00
MCMRD003 Fresh Rock 424.00
To (m)
238.00
270.30
298.75
297.00
329.00
325.04
335.00
347.00
354.00
366.00
390.00
419.00
425.00
Width (m)
2.00
2.30
2.35
0.60
14.00
0.44
4.00
9.00
6.00
8.00
1.00
1.00
1.00
Bi (ppm)
28.05
179.38
0.15
0.23
0.21
0.30
0.11
0.18
0.22
0.46
0.13
0.10
0.05
Cu (ppm)
126.00
254.57
7.52
10.50
99.67
60.30
18.95
14.37
34.56
49.89
19.65
3.30
21.70
Mo (ppm)
47.70
58.03
625.53
1700.00
175.20
1180.00
98.58
38.01
132.30
169.12
52.10
27.40
29.20
TREO (ppm)
23.81
NA
125.74
133.20
218.56
51.10
135.56
370.31
226.03
402.82
131.23
17.10
10.98
Table 2: Mabel Creek anomalous drill intercepts using a cut off Mo ≥ 20ppm with ≤ 6m internal dilution (Holes
MCMRD001-MCMRD003). TREO has been calculated using: CeO2 + La2O3 + Pr6O11 + Nd2O3 + Sm2O3 +
Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Lu2O3 + Yb2O3 + Y2O3 (IOGAS: Sugden
Geoscience 2023).
Table 3: Walkers Hill Anomaly (Sheepyard and Maroonbah Targets) historic collars and significant drill intercepts
using a cut off Au ≥0.2 g/t with ≤ 6m internal dilution.
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Corporate
Mount Walton JV – Peel Mining
The Mount Walton JV (MWJV) was formed with Peel Mining over EL8414 in 2017, with Talisman sole funding
exploration. EL8414 is located within the Company’s Lachlan Project tenure in NSW, sitting between the
Carpina North and Noisy Ned prospects (see Figure 1). EL8414 contains several exploration prospects including
the Cumbine Prospect.
Talisman has been increasing its interest in the project for some time with Peel Mining diluting its ownership.
Recently, Peel elected not to contribute funding to the December 2025 half program and has therefore diluted
below the 10% ownership threshold. Peel’s interest now reverts to a 1.5% NSR royalty in accordance with the
agreement, with Talisman’s ownership increasing to 100%.
Management Comment
Talisman’s Managing Director, Andrew Munckton, said: "We are excited to be gearing up for a new exploration
drilling campaign at the Lachlan Project in NSW to test some newly identified gold targets which represent
compelling opportunities for the Company at a very buoyant time in the gold market.
These targets were identified by some solid geological work by the team, stemming from a detailed review of
geological, geochemical, and geophysical data across the Canbelego Mineral Hill Volcanic Belt. The targets are
characterised by a combination of strong geophysics, significant historical drilling results and a lack of modern
exploration. The Walkers Hill project contains a large gold-in-soil geochemical anomaly above a significant
geophysical IP anomaly. Limited shallow RC drilling at the Sheepyard and Maroonbah prospects shows broad
zones of near-surface gold mineralisation up to 40m at 0.46g/t Au in the oxide zone within the gold-in-soil anomaly
and above the IP survey anomaly. These features combined, indicate a potentially extensive mineralised system
within the Walkers Hill area and represents a stand-out exploration opportunity for the Company.
“In addition to testing these gold targets, exploration in NSW is ramping up on other fronts, with the planned auger
program across both the Lachlan and Macquarie Arc districts designed to in-fill key geochemical targets within
both belts. This will be used to refine and prioritise future RC drilling across emerging target areas.
"Meanwhile, the recently completed three-hole diamond drilling program at Mabel Creek intersected zones of
alteration associated with granitic intrusions along the interpreted Horse Camp Fault. Hole MCMRD002 returned
a broad zone of alteration with anomalous molybdenum (Mo) and rare earth elements (REE). The significance of
this anomalism, and its relationship to IOCG-style mineralisation associated with Hiltaba-aged granite intrusions
across the Gawler Craton, is currently being investigated through detailed geochemical, geochronological and
petrological studies.
“Insights from the work to date have led our geological team to focus the IOCG search area to the south of the
Horse Camp Fault where several high-priority targets were identified in the 2024 gravity survey. We look forward
to progressing this opportunity for the Company in the weeks and months ahead.”
–– Ends ––
For further information, please contact:
Andrew Munckton - Managing Director
+61 4 3563 5598
Nicholas Read (Media inquiries)
+61 4199 29046
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This release has been authorised by the Board of Talisman Mining Limited.
About Talisman Mining
Talisman Mining Limited (ASX: TLM) is an Australian mineral development and exploration company. The
Company’s aim is to maximise shareholder value through exploration, discovery and development of
complementary opportunities in base and precious metals.
Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own
Exploration Licenses and through a joint venture agreement. 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 several areas within its Lachlan Cu-Au Project 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 significant potential for the discovery of substantial base metals
and gold mineralisation within this land package and is undertaking active exploration to test a number of these
targets. The Macquarie Arc Tenements at Yarindury and East Peak Hill include Ordovician Volcanics that
regionally host the World Class, Goonumbla, Lake Cowal and Cadia Valley porphyry related Cu-Au deposits.
Talisman also has secured access to over 1040 km2 of highly prospective tenure in South Australia’s Gawler
Craton at the Mabel Creek Project. Mabel Creek is prospective for large scale Iron Oxide Copper Gold (IOCG)
deposits and intrusion related rare earths and battery metals mineralisation. Mabel Creek is surrounded by
similar tenure owned and being actively explored by Australia’s biggest resource companies including BHP, Rio
Tinto and FMG.
Competent Person’s Statement
Information in this announcement that relates to Exploration Results and Exploration Targets is based on and
fairly represents information and supporting documentation compiled by Dr Tim Sharp, who is a member of the
Australasian Institute of Geoscientists. Dr Sharp is a full-time employee of Talisman Mining Ltd and has
sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration
and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the
“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr Sharp has
reviewed the contents of this announcement and consents to the inclusion in this announcement of all
technical statements based on his information in the form and context in which they appear.
Forward-Looking Statements
This ASX release may include forward-looking statements. These forward-looking statements are not historical
facts but rather are based on Talisman Mining Ltd.’s current expectations, estimates and assumptions about the
industry in which Talisman Mining Ltd operates, and beliefs and assumptions regarding Talisman Mining Ltd.’s
future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”,
“estimates”, “potential” and similar expressions are intended to identify forward-looking statements. Forwardlooking statements are only predictions and are not guaranteed, and they are subject to known and unknown
risks, uncertainties, and assumptions, some of which are outside the control of Talisman Mining Ltd. Past
performance is not necessarily a guide to future performance and no representation or warranty is made as to
the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Actual
values, results or events may be materially different to those expressed or implied in this presentation. Given
these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forwardlooking statements in this announcement speak only at the date of issue of this announcement. Subject to any
continuing obligations under applicable law and the ASX Listing Rules, Talisman Mining Ltd does not undertake
any obligation to update or revise any information or any of the forward-looking statements in this
announcement or any changes in events, conditions, or circumstances on which any such forward looking
statement is based.
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Appendix 2
JORC Tables Section 1 & 2
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria
Sampling
techniques
JORC Code explanation
•
Nature and quality of sampling (e.g. cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down-hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
•
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
•
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g. ‘reverse circulation drilling was used to
obtain 1 m samples from which 3kg was
pulverised to produce a 30 g charge for fire
assay’). In other cases, more explanation
may be required, such as where there is
coarse gold that has inherent sampling
problems. Unusual commodities or
mineralisation types (e.g. submarine nodules)
may warrant disclosure of detailed
information.
Commentary
•
•
•
•
•
•
•
Talisman Mining’s Mabel Creek diamond core samples,
cited in this report, were HQ3 in diameter and were cut
either in half or one-third longitudinally using an automated
Almonte core saw. Core was held securely in boats during
cutting to maintain sample integrity. Sample intervals
ranged from 0.3 to 1.3 metres in length, with most samples
aligned to 1 metre intervals or adjusted to honour
geological contacts. Samples for Rare Earths were
collected as one every 5m throughout hole MCMRD001,
and every 1m interval throughout hole MCMRD002 and
MCMRD003.
TLM diamond core sampling is controlled by protocols and
QAQC procedures as per industry standard and a chain of
custody maintained through transfer to ALS Laboratories in
Adelaide, SA.
TLM diamond samples were dried, crushed (where
required), split and pulverised (total prep) to produce a
master pulp. From this master pulp, a 0.25g sub sample
was taken for multi-element analysis by four acid digest
with an ICP-MS finish (ME-MS61) and analysis for Rare
Earths (MS61L-REE). A 30g sub sample was also taken
for fire assay for gold with ICP-AAS finish
Triako RC drilling, cited in this report, collected samples via
a plastic bag hooked beneath a cyclone mounted on the
side of the drill rig. Approximately 20 kg was collected per 1
metre sample interval. Samples were speared on site and
composited into 4m intervals for assay. Several 1m
speared samples were also collected, with gold assay
results generally within a few percent of the corresponding
1m riffle split intervals. This suggests that gold is relatively
evenly distributed, and the spearing method of sampling is
adequate. Reference: Triako Third Annual Exploration
Report, 2003 (R00048055).
Paradigm Metals RC drilling, cited in this report, provided
no specific information on sampling techniques. However, it
was noted that samples were submitted for assay as
composites over 2m, 3m, 4m, and 6m intervals. Reference:
Paradigm Metals Licence 7697 Maroonbah First Annual
Report, 2012 (RE0002711).
Western Plains Gold Aircore drilling, cited in this report,
provided no specific information on sampling techniques.
However, it was noted that variable composites (0.5m to
6m) EOH samples were assayed. Reference: Annual
Report for Exploration Licence 6342, Peak Hill East, 2006
(R00054973).
Geopeko RAB drilling cited in this report, provided no
specific information on sampling techniques. However, it
was noted that selective samples were submitted for assay
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Criteria
JORC Code explanation
Commentary
as variable composites. Reference: Geopeko Peak Hill
Parkes Gold Project six monthly Progress Report 1990
(R00004290).
Drilling
techniques
•
Drill type (e.g. core, reverse circulation, openhole hammer, rotary air blast, auger, Bangka,
sonic, etc) and details (e.g. core diameter,
triple or standard tube, depth of diamond
tails, face-sampling bit or other type, whether
core is oriented and if so, by what method,
etc).
•
•
•
•
•
Drill sample
recovery
•
Method of recording and assessing core
and chip sample recoveries and results
assessed.
•
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
•
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.
•
•
•
•
TLM Mabel Creek MR/Diamond Drilling cited in this report
was undertaken by DDH1 Drilling Pty LTD using an
Multipurpose UDR1200 truck mounted rig. The core was
un-orientated due to vertical holes.
Triako RC drilling, cited in this report, was conducted in
2002 by Geological Ore Services of Cobar using an Edson
300 drill rig mounted on a Toyota 4WD. Compressed air
was supplied by a 175 psi / 300 cfm compressor mounted
on a trailer towed by the support vehicle. The capacity of
the compressor limited drilling depths to between 40 and
60 m. Reference: Triako Third Annual Exploration Report,
2003 (R00048055).
Paradigm Exploration RC drilling, cited in this report,
comprised six RC holes (PMV001–PMV006). However, no
information was provided regarding the drilling contractor
or specific drilling techniques employed. Reference:
Paradigm Exploration, Licence 7697 Maroondah First
Annual Report, 2012 (RE0002711).
Western Plans Gold Aircore drilling, cited in this report,
provided no details on the drilling contractor or equipment
used. Reference: Western Plains Gold Annual Report for
Exploration Licence 6342, Peak Hill East, 2006
(R00054973).
Geopeko RAB drilling, cited in this report, was carried out
by Cherlor; however, no information was provided
regarding the drilling equipment used. Reference: Geopeko
Peak Hill Parkes Gold Project six monthly Progress Report
1990 (R00004290).
TLM Mabel Creek MR/ Diamond Drilling Core recovery
data was recorded for each run by measuring total length
of core retrieved against the downhole interval actually
drilled and stored in the database. TLM representatives
continuously monitor core recovery and core presentation
quality as drilling is conducted and issues or discrepancies
are rectified promptly to maintain industry best standards.
Triako RC drilling, cited in this report, collected samples in
plastic bags hooked beneath a cyclone mounted on the
side of the drill rig. Approximately 20 Kg of sample was
recovered per 1m interval. Reference: Triako Third Annual
Exploration Report, 2003 (R00048055).
Paradigm Exploration, RC drilling cited in this report,
provided no information on sample recovery. Reference:
Paradigm Exploration, Licence 7697 Maroondah First
Annual Report, 2012 (RE0002711).
Western Plains Gold Aircore drilling, cited in this report,
provided no details on sample recovery. Reference: Annual
Report for Exploration Licence 6342, Peak Hill East, 2006
(R00054973).
talismanmining.com.au
17
4 August 2024
ASX Announcement
Criteria
Logging
JORC Code explanation
•
Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining
studies and metallurgical studies.
•
Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc.) photography.
•
The total length and percentage of the
relevant intersections logged.
Commentary
•
Geopeko RAB drilling, cited in this report, provided no
information on sample recovery. Refere
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