AC Drilling Commences at Sheepyard Prospect, Walkers Hill
Released
Released
Announcement PDF
Talisman Mining | Suite 1, Ground Floor, 33 Colin St, West Perth 6005
ABN 71079 536 495 talismanmining.com.au
ASX:TLM 26November2025
ASX Announcement
1
Aircore drilling commences at Sheepyard prospect,
Walkers Hill Project, NSW
Next phase of drilling commences to assess high tenor trends within the 4.5km long anomaly
Highlights:
Lachlan Projects, NSW
Walkers Hill Gold Project
• 2,500m Aircore drilling program commences at the Sheepyard Prospect.
• Sheepyard contains three NE-SW oriented higher tenor, geochemical trends within the broader
anomalous soil geochemistry
• The AC drilling is testing two additional trends south of the previous RC drilling.
• Previous RC drilling1
at the northernmost trend intersected broad zones of shallow, low-grade gold
mineralisation containing narrower zones of higher grade with assay results including:
• SYRC0001
o 10m at 0.36g/t Au from 22m; and
• SYRC0003
o 42m at 0.44g/t Au from 4m, including 8m at 0.85g/t Au
• SYRC0004
o 24m at 0.58g/t Au from 124m, including 14m at 0.86g/t Au
• The higher tenor soil anomalies being tested are coincident with brecciated and veined quartz at
surface which strike NE-SW for approximately 600m each and dip steeply north-west.
• Sheepyard is part of the larger, Walkers Hill gold-in-soil anomaly along a major geological contact and
stretching over 4.0km north-west of the drilling.
Talisman Mining (ASX: TLM, ‘Talisman’ or ‘the Company’) is pleased to advise that it has commenced a 2,500m
Aircore (AC) drilling program (Figure 1) at its Walkers Hill Project, located approximately 60km north-west of
Condobolin in NSW.
Walkers Hill Project (EL 8571) – AC drilling1
The Walkers Hill Project contains the extensive Walkers Hill gold-in-soil trend, extending over an area of
approximately 4.5km by 2.0km The Sheepyard prospect lies at the south-eastern end of the Walkers Hill trend
and shows gold-in-soil anomalism over a 1.5km by 1.0km area.
Historic and recent exploration results from shallow depths, indicate broad zones of low-grade mineralisation
with narrower zones of higher-grade gold (see TLM ASX announcements 17June, 25 July and 15 September 2025)
within the Sheepyard Prospect (Figures 2 and 3). Previous drill results include:
• RC drilling:
o 40m at 0.46g/t Au from 3m (PMV005).
o 12m at 0.38g/t Au from surface (TMY027).
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
o 10m at 0.36g/t Au from 22m (SYRC0001)
o 42m at 0.44g/t Au from 4m including 8m at 0.85g/t Au (SYRC0003)
Figure 1. Wallis Drilling AC drilling rig at the Sheepyard Prospect.
Recent RC Drill Program Results1
During August 2025 Talisman completeda total of five Reverse Circulation (RC) holes for 857mto test the northern
most soil geochemical trend at Sheepyard (Figures 2 and 3).
The RC drilling intersected broad zones of low-grade gold mineralisation and was reported on 15 September. ASX
announcement 15 September 2025.
Surface mapping and geological logging show shallow gold mineralisation within the Ordovician-age Girilambone
metasediments occurs in association with thin and occasionally brecciated quartz veining interpreted to be in a
broad, north-east trending fault zones (Figure 2 and 3). Deeper gold mineralisation encountered in RC drill holes
SYRC0001, SYRC0002 and SYRC0004 is associated with thin quartz veining and selvedge disseminated pyrite
mineralisation.
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Gold mineralisation is associated with anomalous arsenic, antimony and tungsten, typical of orogenic-style gold
sulphide mineralisation. Several other mineralised trends have been identified within the Sheepyard gold-in-soil
anomaly which this Aircore drilling program is targeting where higher tenor soil anomalies mark potentially
higher-grade mineralisation in the near-surface oxide environment.
Figure 2. The Sheepyard prospect gold-in-soil geochemical anomaly. The anomaly contains several NE-SW
orientated higher tenor trends. RC drilling has tested the northern most trend1
. This AC drilling program will test a
further two high tenor trends within the anomaly. Historical and recently completed RC drilling is shown.
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Figure 3. Sheepyard Prospect proposed AC drilling plan view. Arsenic (As) in soil contoured results indicating a
NE-SW trend to the surface expression of mineralisation. AC drilling will test the two zones, also trending NE-SW
that have been identified and remain largely untested by drilling.
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Table 1: Sheepyard Prospect significant intercepts for recent TLM and historic RC drilling using a cut-off grade of
0.2 g/t Au with ≤ 6m internal dilution.
Management Comment
Talisman’s Managing Director, Andrew Munckton, said: "We are encouraged by the results received from our
maiden 2025 drilling program, with the recent 5-hole RC program at the Sheepyard Prospect delivering wide zones
of shallow, low-grade gold mineralisation. This includes intercepts of up to 42m at 0.44g/t Au from 4m in hole
SYRC0003.
“The Aircore drilling program we have just commenced is targeting an additional two, higher tenor trends as
defined by the soil geochemistry. The shallow AC drilling will determine if higher grade material exists in the near
surface oxide zone which lie above more compelling targets at depth which may be targeted with subsequent
geophysical programs and deeper RC drilling. Assays from the current AC drilling program are expected to be
available in approximately 4 to 6 weeks.
“Success in this AC program would open up the entire 4.5km long zone of mineralisation stretching from
Sheepyard to Maroonbah for follow-up exploration. The team now have a much clearer vector for targeting higher-
grade mineralisation associated with the NE-SW trending structural features.
“Sheepyard remains a small part of the much larger Walkers Hill soil anomaly. The Maroonbah Prospect to the
north-west of Sheepyard appears to be the larger and stronger soil anomaly and we are looking forward to
accessing this for initial exploration work in early 2026.”
–– Ends ––
For further information, please contact:
Andrew Munckton - Managing Director
+61 4 3563 5598
Nicholas Read (Media inquiries)
+61 4199 29046
This release has been authorised by the Board of Talisman Mining Limited.
!"#$%F '"()*+H !"#$-.H)$ I0!-1(2 F*3$-'"()#$3$4 I*536+7 8"93:6+7 ;<-1(2 F6)-14$72 =L6-14$72 ;"?@-.H)$ '"+3*6+6+7 A9"(-1(2 ."-1(2 %+3$9B*#-1(2 =C-17D32
!"#$$% !F'F()*+ ,- ./01 %2$%2%$3% ./453% 6.$356% %43017 86$ 34$ 9:)(; 6 74 7% $0%.
3% 31 7 $0%7
.% .1 7 30$7
7 .7 .$ $0.6
1$ 17 7 $05%
7 6 7 $0%$
%/ 77 6 $0%4
<="$%3 <')FL? ,- .$ 323$2%$$% ./5%370% 6.$3.41 %/70%. 86$ 3$5 9:)(; . %$ 36 $0%/
$ . . $07%
36 %$ . $0%/
<="$%6 <')FL? ,- .$ 323$2%$$% ./45/70% 6.$3541 %4$043 86$ 3$5 9:)(; 4 3/ 5 $0%4
$ 3% 3% $074
%4 76 4 $0%.
<="$%4 <')FL? ,- .$ 323$2%$$% ./45770% 6.$3541 %/5045 86$ 3$5 9:)(; $ 3% 3% $0%4
%% 7% 3$ $076
!"#$%&!"' () *+ , +-)*
/6 /4 % $07$
3$. 3$6 % $074
3%% 3%. % $0.3
3.4 31$ % $0%$
36% %$7 .3 $0%5
9:)(; $ . . $0%1
3%. 3.$ 36 $074
!"#$%&!"' .*, .)+ ) +-//
. .6 .% $0..
!"#$%&!"' (0 *, 0 +-01
6% 66 . $0/1
@';AB 3/. 3/6 % $07.
9:)(; %% %6 . $0./
3$% 3$4 6 $0%7
3%. 3.4 %. $014
!"#$%&!"' .*) .)0 .) +-0,
2"& .*0 .)( ) .-(/
C=,-$$$1 <M" ,- 316 .2$42%$%1 ./46/1 6.$34%4 %45 863033 $0.1 9:)(; 76 74 % $0%%
9:)(;
,-
@';AB
3410.3
86$014
%44
6.$3/53
./4635
316
,- 346 34$016
86$045
%44
86$0/%
%5%0.
6.$35$/
./4/%4
C=,-$$$.
C=,-$$$% 316
<M"
,-
@';AB
%$7 ./4/3.
<M"
9:)(;
@';AB
6.$356/ %$507 863067 34%076
6.$35.4
./443.
34306%
C=,-$$$7 <M"
C=,-$$$3 <M" ,-
,- .$
!"#$$.
!"#$$1
!"#$$6
,- .$
,- 6$
./4461
,- 1701
,- ./01
<="$%1
<="$%/
!F'F()*+
!F'F()*+
!F'F()*+
<')FL?
<')FL?
72$42%$%1
%2$42%$%1
%2$%2%$3%
%2$%2%$3%
%2$%2%$3%
323$2%$$%
323$2%$$%
%12$/2%$%1
%52$/2%$%1
86$ 3//
./443%
./4/15
./4557
%44056
%5%01/
%4%06.
3/1
3$5
6.$351. %4701%
./4517 6.$3541
6.$3541
6.$35.1
6.$35.5
%/5045 86$
86$
86$
86$
3$5
3/1
9:)(;
9:)(;
9:)(;
9:)(;
9:)(;
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
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.
Talisman also has secured access to over 1040 km2
of highly prospective tenure in South Australia’s Gwaler
Craton known as 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 Mr Andrew Munckton, who is a
member of the Australasian Institute of Mining and Metallurgy. Mr Munckton 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”. Mr
Munckton 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. Forward-
looking 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 forward-
looking 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.
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Appendix 2
JORC Tables Section 1 & 2
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Sampling
techniques
• 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.
TLM RC Drilling
• RC samples are collected at either one metre or two metre
intervals via a drill rig mounted cyclone and static cone
splitter set to a 12% split to produce a nominal 4-7kg
sample which was collected in a pre-numbered sample
bag.
• RC samples undergo routine 2 metre composite pXRF
analysis using an Olympus Vanta M-series to aid in logging
and identifying zones of interest.
• Sampling is controlled by Talisman protocols and QAQC
procedures as per industry standard and a chain of custody
maintained through transfer to ALS Laboratories in
Adelaide, SA.
• RC 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.
A 50g sub sample was also taken for fire assay for gold
with ICP-AAS finish.
Walkers Hill Project (Historical Drilling)
• 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 Maroondah First Annual
Report, 2012 (RE0002711).
Drilling
techniques
• Drill type (e.g. core, reverse circulation, open-
hole 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).
TLM RC drilling
• RC drilling cited in this report was undertaken by Strike
Drilling Pty Ltd using a LC36 (KWL 700) truck-mounted
Reverse Circulation drill rig. A truck-mounted booster and
compressor provided high pressure air with an auxiliary
compressor used where ground conditions warranted.
• RC drilling was completed with a face sampling hammer of
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Criteria JORC Code explanation Commentary
nominal 140mm size.
• The core was orientated using an AXIS single shot gyro.
Walkers Hill Project (Historical Drilling)
• 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).
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 RC Drilling
• RC drill sample recovery is generally high with sample
recoveries and quality recorded in the database by the
logging geologist.
• Sample recoveries were monitored in real-time by the
presence of Talisman personnel at the drill site.
• No known relationship exists between recovery and grade.
No known bias exists.
Walkers Hill Project (Historical Drilling)
• 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).
Logging • 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.
TLM RC Drilling
• RC logging records lithology, mineralogy, mineralisation,
alteration, structure, weathering, colour and other primary
features of the rock samples and is considered to be
representative across the intercepted geological units.
• RC logging is both qualitative and quantitative depending
on the field being logged.
• All RC drill-holes are logged in full to end of hole.
• All RC chip trays are photographed and then stored onsite
in TLM secure premises.
• All information collected is entered directly into laptop
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Criteria JORC Code explanation Commentary
computers or tablets, validated in the field, and then
transferred to the database. The level of logging detail is
considered appropriate for exploration and to support
appropriate mineral resource estimation, mining studies,
and metallurgical studies.
Walkers Hill Project (Historical Drilling)
• Triako RC drilling, cited in this report, involved geological
logging of each sample, with representative samples
retained in plastic chip trays and stored at the core yard at
their Mineral Hill facility. Lithological codes, sample
intervals, and collar survey data were entered into Excel
spreadsheets at the Mineral Hill site. Reference: Triako
Third Annual Exploration Report, 2003 (R00048055).
Paradigm Exploration RC drilling cited in this report,
provided no detailed information on geological logging
methods; however, a logging summary sheet was
included in their company report. Reference: Paradigm
Exploration, Licence 7697 Maroondah First Annual
Report, 2012 (RE0002711).
Sub-sampling
techniques and
sample
preparation
• If core, whether cut or sawn and whether
quarter, half or all core taken.
• If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet
or dry.
• For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
• Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
• Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.
• Whether sample sizes are appropriate to
the grain size of the material being
sampled.
TLM RC Drilling
• RC samples were dried, crushed (where required), split
and pulverised (total prep) to produce a 0.25g sub sample
for base metal analysis or a 50g sub sample for gold
analysis by fire assay.
• QAQC protocols for all RC sampling involved the use of
Certified Reference Material (CRM) as assay standards.
• All QAQC controls and measures were routinely reviewed.
• Sample size is considered appropriate for geochemical
sampling for base-metal and gold mineralisation given the
nature of drilling and anticipated distribution of
mineralisation.
• Field duplicates were geologically targeted and located
within zones of mineralisation, where intersected.
Walkers Hill Project (Historical Drilling)
• Triako RC drilling, cited in this report, involved collecting
samples in plastic bags hooked beneath a cyclone
mounted on the side of the RC drill rig. Approximately 20
kg of material was recovered per 1m sample interval.
Samples were speared on site and composited into 4m
intervals for assay. Several individual 1m speared samples
were also collected, with assay results generally within a
few percent of the corresponding 1m riffle split intervals.
This suggests that gold distribution is relatively uniform and
that the spearing method was adequate for sampling
purposes. Reference: Triako Third Annual Exploration
Report, 2003 (R00048055).
• Paradigm Exploration RC samples, cited in this report,
were collected as 2, 3, 4, and 6m composites using a
sample spear. No QAQC procedures were reported.
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Criteria JORC Code explanation Commentary
Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
Quality of assay
data and
laboratory tests
• The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
• For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.
• Nature of quality control procedures
adopted (e.g. standards, blanks,
duplicates, external laboratory checks) and
whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been
established.
TLM RC Drilling
• QAQC protocols for all RC sampling involved the use of
certified reference materials as assay standards, inserted
at a 1 in 25 sampling rate.
• Blank samples were inserted inserted immediately after
samples that were duplicated using a Certified Reference
Material (CRM) coarse blank.
• All assays are required to conform to the procedural
QAQC guidelines as well as routine laboratory QAQC
guidelines.
• All QAQC controls and measures were routinely reviewed.
• Laboratory checks (repeats) occurred at a frequency of 1
in 25. Field duplicates returned a reasonable level of
precision with some minor variation in Au attributed to
nugget effect of gold mineralisation.
• Each 1m or 2m composite RC sample undergoes routine
pXRF analysis using an Olympus Vanta M-series to aid in
logging and identifying zones of interest. All pXRF
readings were taken in Geo-Exploration mode with a 45
second 3 beam reading.
• Standard reference materials were periodically analysed
by the pXRF instrument to monitor performance
Walkers Hill Project (Historical Drilling)
• Triako RC drilling cited in this report was sampled as 4
metre composites and subsequent 1 metre composites
were assayed at ALS in Orange. All samples were
assayed for Au by 50g Fire Assay (method Au-AA26) and
Cu, Pb, Zn, Ag, As, Sb, Bi, Mo by ICP (method ME
ICP41). Reference Triako Third Annual Exploration Report
2003 R00048055.
• Paradigm Exploration, cited in this report, submitted 2, 3,
and 6 metre composite samples for assay at ALS. Only
gold was analysed, using 50 g Fire Assay (method Au-
AA26). Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
• Walkers Hill Project (Historical Soil Geochemistry)
• A comprehensive review of all publicly available soil
geochemistry data within the NSW MinView database, as
of June 2024, was undertaken by Geochem Pacifica
across the Lachlan Project tenements during 2024–2025.
The objective was to optimise the dataset for sub-setting,
data levelling, gridding, and spatial analysis. As part of this
process, each sample was assigned an Assay Class
designation to distinguish assays obtained from strong
laboratory digestions from those generated by weak or
partial digestions. Additional data cleaning steps included
the removal of duplicate entries (both QA/QC duplicates
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Criteria JORC Code explanation Commentary
and double-reported results), correction of misreported
units, particularly for Au, Ag, As, Bi, Cu, Pb, Sb, and Zn
and the correction or recovery of below detection limit
values where possible, including retrieval from original
company report.
Verification of
sampling and
assaying
• The verification of significant intersections
by either independent or alternative
company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
• Discuss any adjustment to assay data.
• Significant intercepts have been verified by alternate
company personnel.
• Logging and sampling data is captured on laptops using
industry standard software.
• Assay data is uploaded to a secure database directly from
the CSV file provided by the laboratory.
Primary laboratory assay data is always kept and is not
replaced by any adjusted or interpreted data.
Location of data
points
• Accuracy and quality of surveys used to
locate drill-holes (collar and down- hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic
control.
TLM RC drilling
• Collar locations are pegged using a handheld GPS.
• Final collar locations are also picked up using a hand-held
DGPS unit with +/- 20cm accuracy.
• The coordinate system used is the Geocentric Datum of
Australia (GDA) 1994. All coordinates are in the Map Grid
of Australia zone 55 (MGA), Universal Transverse
Mercator.
Walkers Hill Project (Historical Drilling)
• Triako RC drilling collar locations, cited in this report, were
surveyed using a DGPS (no model or accuracy details
given). Reference: Triako Third Annual Exploration Report,
2003 (R00048055).
• Paradigm Exploration, cited in this report co-ordinates were
GPS located (no model of accuracy details given).
Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
Data spacing
and distribution
• Data spacing for reporting of Exploration
Results.
• Whether the data spacing and distribution
is sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
• Whether sample compositing has been
applied.
. • Drill spacing at the Lachlan Copper-Gold Project varies
depending on requirements.
• No mineral resource is being reported for the Lachlan
Copper-Gold Project.
• No sample compositing has been applied.
Orientation of
data in relation
• Whether the orientation of sampling
achieves unbiased sampling of possible
• Samples were taken according to observations at the time
in the field.
• The TLM angled drill holes were directed as best as
4August2024
ASX Announcement
1
ASX: TLM -15 September 2025.
Criteria JORC Code explanation Commentary
to geological
structure
structures and the extent to which this is
known, considering the deposit type.
• If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.
reasonably possible directly across the interpreted
mineralisation orientation.
• The orientation of drilling was designed to achieve
relatively unbiased sampling.
• The orientation of sampling of historic drilling is
considered appropriate for the current geological
interpretation of the mineral styles.
• No sample bias due to drilling orientation is known.
Sample security • The measures taken to ensure sample
security.
• TLM RC samples were stored on site prior to submission
under the supervision of the Senior Geologist. Samples
were transported to ALS Chemex Laboratories Adelaide
by an accredited courier service or by company personnel
using secure company vehicles.
Walkers Hill Project (Historical Drilling)
• Triako RC drilling cited in this report, provided no
information regarding sample security in their exploration
reports. Reference: Triako Third Annual Exploration
Report, 2003 (R00048055).
• Paradigm RC drilling cited in this report, provided no
information regarding sample security in their exploration
reports. Reference: Paradigm Exploration, Licence 7697
Maroondah First Annual Report, 2012 (RE0002711).
Audits or
reviews
• The results
Share your feedback
Discover