Announcement PDF ASX: TLM | 20 November 2024 ASX Announcement Exploration Update – Initial Drilling of CopperGold and Base Metal Zones at Durnings South Highlights: • Strong start to the planned 4,700m, 12-hole Reverse Circulation (RC) and diamond drill program at the Durnings South prospect, part of the 100%-owned Lachlan Project in NSW. • All three holes completed to date have intersected the target zones. See Note 1. • Hole DRRCD0027 intersected the target horizon approximately 30 metres up-dip of the copper-gold intercepts in the discovery hole, DRRCD0019. Assays expected in ~3-4 weeks. Hole DRRCD0028 underway, targeted 50m down-dip of DRRCD0019. • • • • • Diamond hole DRDD0025 intersected the target base metals (lead-zinc-silver) horizon approximately 50m down-dip of discovery holes DRRCD0006 and DRRCD0019. Second diamond hole, DRDD0026 also intersected the base metals target horizon approximately 100m along strike of holes DRRCD0006 and DRRCD0019. Assays expected in ~2-3 weeks. Note 1. Cautionary Statement Determination of mineralisation has been based on geological logging, visual observation and confirmation using a pXRF machine. No pXRF results are reported however the tool was used to verify the mineralisation. pXRF readings may not be representative of the average concentrations of the elements of interest in a certain volume of material. As such, pXRF results are used as a logging/sampling verification tool only. Laboratory analysis will be required to determine the level of mineralisation contained in the mineralised zones. Visual estimates of mineral abundance or anomalism recorded on pXRF should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Talisman Mining Limited (ASX: TLM, Talisman) is pleased to provide an update on the progress of the follow-up Reverse Circulation and diamond drilling program underway at the Durnings South prospect, part of its 100%owned Lachlan Project in central NSW. Durnings is located approximately 25km north of Condobolin within the Lachlan Project area (see Figure 1). Highgrade base and precious metal assay results were previously reported from Talisman’s initial broad-spaced 6hole RC drilling program (DRRC0006 to DRRC0011) and follow up 13-hole (DRRC0012 to DRDD0024) drilling program completed in April 2024. (See ASX announcements 14 December 2023 and 9 January, 15 May, 6 June 2024.) In the current program, a total of three diamond drill-holes have been completed with a fourth step-out hole currently in progress. All holes drilled to date have successfully intersected the target mineralised horizons, as predicted from down-hole geophysics models. DRRCD0027 encountered the targeted chalcopyrite-galena-gold rich horizon approximately 30 metres up-dip of the strong copper-gold intercepts in the discovery hole DRRCD0019; the fourth hole, DRRCD0028 is in progress to test this horizon approximately 50 metres down-dip. Meanwhile, holes DRDD0025 and DRDD0026, drilled to step out from the original discovery holes DRRCD006 and DRRCD0019, intersected the targeted galena-sphalerite (lead-zinc-silver) mineralisation, potentially extending the base metal rich zone. Both zones intersected in the current drilling program are coincident with broad geophysical signatures which reinforce geological interpretations of the orientation of the mineralisation (Figure 2). Talisman Mining | Suite 1, Ground Floor, 33 Colin St, West Perth 6005 ABN ABN71079 71079536 536495 495 talismanmining.com.au talismanmining.com.au 1 4 August 2024 ASX Announcement Figure 1 – Durnings Prospect location plan highlighting prospect locations along the Eastern Cobar Basin. 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 shown. talismanmining.com.au 2 4 August 2024 ASX Announcement Figure 2 – Durnings Prospect showing Offset PDIP Survey chargeability (LHS) and resistivity (RHS) at 260m below surface. The chargeability and resistivity responses in the images correspond to the position of the intersection of the Copper-Gold Mineralised Trend and the Base Metals Mineralised Trend at South Durnings. Note the position of drill holes DRDD0025, DRDD0026, DRRCD0027 and DRRCD0028 (this announcement) drilled to test the mineralisation perpendicular to the trend interpreted from geophysics. Progress – Copper-Gold Target Drilling in DRRCD0027 consisted of an RC pre-collar from surface to 112m then HQ core from 112m to 495.5m. The hole was drilled at approximately 50 degrees towards grid south-east, perpendicular to the modelled target zone to intersect approximately 30m vertically above the DRRCD0019 copper-gold zone intersection. Hole DRRCD0028, which is in progress, consists of 96m of RC pre-collar, has a target depth of approximately 500m down-hole and is targeted 50m down-dip of the copper-gold mineralisation intersected in DRRCD0019. Refer to Figure 2 for drill-hole collar locations relative to Offset Pole Dipole IP chargeability and resistivity images. Progress – Base Metal Target Drilling in both DRDD0025 and DRDD0026 consisted of PQ sized core from surface to competent rock (~50m downhole) and HQ sized drill core to 486.7m down-hole in DRDD0025 and 454.2m down-hole in DRDD0026. The holes were drilled at 60 degrees towards grid north-west to intersect the target zone defined by DRRC0006 and DRRCD0019 approximately 50m down-dip in DRRCD0025 and 100m along strike in DRDD0026. Refer to Figure 2 for drill-hole collar locations relative to Offset Pole Dipole IP chargeability and resistivity images. talismanmining.com.au 3 4 August 2024 ASX Announcement Information relating to the observed sulphide intercepts: 1. The nature of the sulphide minerals • Fine-grained semi-massive sulphide • Fine-grained disseminated sulphide • Coarse grained clustered sulphide • Coarse grained blebby sulphides • Sulphide as vein and breccia zone matrix fill • Sulphide in stringy shears and bands 2. Minerals observed • The minerals visually observed in the drill core are as follows: • Chalcopyrite, • Galena, • Sphalerite, • Pyrite. 3. Estimates of abundance of minerals observed The estimated abundance of minerals observed is provided in Table 1 as follows: Downhole Min Style Min Style Length (m) (Major) (Minor) Semi-massive Disseminated Chalcopyrite % Hole ID From (m) To (m) DRDD0025 283.9 284.1 0.2 DRDD0025 284.1 289.5 5.4 DRDD0025 289.5 290 0.5 Semi-massive Disseminated 25-50 10-25 2-5 DRDD0026 272 274 2 Vein Disseminated 1-2 2-5 1-2 DRDD0026 368.5 368.8 0.3 Vein Disseminated 0.1-0.5 DRDD0026 368.8 369.2 0.4 Vein Disseminated 1-2 DRRCD002 7 441.7 443.9 2.2 Vein breccia Galena % Sphalerite % Pyrite % 5-10 2-5 5-10 Disseminated 5-10 2-5 0.1-0.5 5-10 2-5 2-5 5-10 Table 1 – Summary sulphide mineral abundance logging from DRDD0025, DRDD0026 and DRRCD0027. Note 1. Cautionary Statement Determination of mineralisation has been based on geological logging, visual observation and confirmation using a pXRF machine. No pXRF results are reported however the tool was used to verify the mineralisation. pXRF readings may not be representative of the average concentrations of the elements of interest in a certain volume of material. As such, pXRF results are used as a logging/sampling verification tool only. Laboratory analysis will be required to determine the level of mineralisation contained in the mineralised zones. Visual estimates of mineral abundance or anomalism recorded on pXRF should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Next Steps Diamond drilling targeting the copper-gold mineralised zone and other targets within the Offset Pole Dipole IP survey chargeability and resistivity anomaly continues from established drill pads located to the north and west of the targeted zone position. talismanmining.com.au 4 4 August 2024 ASX Announcement Drilling is currently in progress on DRRCD0028, the fourth hole targeting the deeper copper-gold zone mineralisation. Further follow-up drilling is planned and will take several more weeks as the Company progressively improves its understanding of the spatial extents of mineralisation within the zones. Samples for the RC and diamond holes drilled to date have been progressively submitted to ALS since drilling commenced in late October. Assay results for the initial holes, DRDD0025 and DRDD0026 are expected in 2-3 weeks, with assays from DRRCD0027 expected to be returned in the next 3-4 weeks. Management Comment Talisman’s Managing Director, Andrew Munckton, said: “We have made a great start to our follow-up drill program at Durnings, with a 100% success rate so far with the first few holes.” “The first two holes, DRDD0025 and DRDD0026 were designed to intersect the base metal position – and both achieved their intended target, giving us confidence in the orientation of the mineralised vein positions.” “The third and fourth holes, DRRCD0027 and DRRCD0028 are designed to test primarily, the up-dip and down-dip position of the strong copper-gold intercept in discovery hole DRRCD0019.” “We are encouraged by these early indications and await assay results as we continue to systematically stepout from the previously reported high-grade zones. Drilling is underway on the fourth step out hole at the coppergold zone.” “We look forward to assays over the next few weeks.” –– 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. talismanmining.com.au 5 4 August 2024 ASX Announcement Table 1: Drill-hole information summary - Durnings Details and coordinates of historical drill holes relevant to this release. Exploration Licence Prospect Hole ID EL8660 EL8660 EL8660 EL8660 EL8660 Durnings Durnings Durnings Durnings Durnings DRRC0001 DRRC0002 DRRC0003 DRRC0004 DRRC0005 EL8660 Durnings DRRCD0006 EL8660 Durnings DRRC0007 EL8660 Durnings DRRCD0008 EL8660 Durnings DRRC0009 EL8660 Durnings DRRCD0010 EL8660 Durnings DRRCD0011 EL8660 EL8660 EL8660 Durnings Durnings Durnings DRRC0012 DRRC0013 DRRC0014 EL8660 Durnings DRRCD0015 EL8660 EL8660 EL8660 Durnings Durnings Durnings DRRC0016 DRRC0017 DRRC0018 EL8660 Durnings DRRCD0019 EL8660 Durnings DRRCD0020 EL8660 Durnings DRRCD0021 EL8660 EL8660 EL8660 EL8660 EL8660 Durnings Durnings Durnings Durnings Durnings DRRC0022 DRDD0023 DRDD0024 DRDD0025 DRDD0026 EL8660 Durnings DRRCD0027 EL8660 Durnings DRRCD0028 Hole Type RC RC RC RC RC RC & DD RC RC & DD RC RC & DD RC & DD RC RC RC RC & DD RC RC RC RC & DD RC & DD RC & DD RC DD DD DD DD RC & DD RC & DD Easting Northing RL Dip 505741 505894 505844 505793 505741 6386634 6386759 6386773 6386837 6386879 289 291 291 293 295 -75 -60 -59 -60 -58 Azimuth (MGA 94) 12 130 132 131 132 505927 6386293 287 -60 50 403.5 505819 6386566 285 -61 47 238 505691 6386868 294 -61 47 298.7 505639 6387024 290 -60 51 322 505829 6386739 289 -60 49 315.7 505988 6386156 285 -60 50 328 505988 505990 506049 6386344 6386340 6386395 283 283 281 -60 -60 -60 47 56 53 118 214 280 506049 6386395 281 -60 228 423.7 506079 505998 505936 6386420 6386457 6386406 280 281 282 -60 -60 -60 52 50 55 244 214 214 506079 6386420 280 -75 236 452.9 506101 6386334 281 -75 232 326.8 505988 6386457 281 -75 235 375.9 506040 505749 505754 506188 506129 6386282 6386641 6386929 6386283 6386216 283 289 296 280 281 -75 -74 -55 -60 -60 236 15 51 299.9 299.65 304 251.4 249 486.7 454.2 505727 6386407 286 -60 100 495.5 505721 6386408 286 -64 100 *** EOH Depth 186 210 216 216 210 *** Drillhole DRRCD0028 is currently in progress 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. talismanmining.com.au 6 4 August 2024 ASX Announcement 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 Gawler 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 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. talismanmining.com.au 7 4 August 2024 ASX Announcement 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 Drilling 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. • 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). Commentary • • • • • • • • • Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. RC Drilling 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 a Olympus Vanta M-series to aid in logging and identifying zones of interest. Diamond core samples, either PQ, HQ3 or NQ2 in size diameter, were either cut in half longitudinally or a third longitudinally, using an automated Almonte core saw Core was placed in boats, holding core in place. Core sample intervals varied from 0.3 to 1.3m in length but were predominantly aligned to 1m intervals or with sample boundaries which respected geological contacts. 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 /DD 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 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 nominal 140mm size. Diamond Drilling cited in this report was undertaken by DDH1 Drilling Pty LTD ùsing an Evolution FH3000 or Multipurpose UDR1200 truck mounted rig. RC components in DRRCD0027 and DRRCD0028 were undertaken by the UDR 1200. The core was orientated using a Reflex Ez-Ori Tool. 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. talismanmining.com.au 8 4 August 2024 ASX Announcement Criteria JORC Code explanation • • Commentary 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. • No known relationship exists between recovery and grade and no known bias exists. 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. • 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. RC Drilling Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. • The total length and percentage of the relevant intersections logged. • • • • 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 the Lachlan Copper-Gold Project. All information collected is entered directly into laptop 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. Diamond Drilling • • • • • • • DD logging is carried out on site once geology personnel retrieve core trays from the drill rig site. Core is collected from the rig daily. DD 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. All DD drill-holes are logged in full to end of hole. Drillhole collar coordinates, azimuth, dip, depth and sampling intervals are also recorded. DD logging is to geological contacts. DD logging is both qualitative and quantitative depending on the field being logged. Logging of diamond drilling includes geotechnical data, RQD and core recoveries. Drill core is photographed prior to any cutting and/or sampling, and then stored onsite in the Lachlan Copper Gold Project. Photographs are available for every diamond drillhole completed. All information collected is entered directly into laptop 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 talismanmining.com.au 9 4 August 2024 ASX Announcement Criteria JORC Code explanation Commentary appropriate mineral resource estimation, mining studies, and metallurgical studies. 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. RC Drilling • • • • • Diamond Drilling • • • • • • Quality of assay data • and laboratory tests • 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 30g 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 collected at a 1 in 30 sample rate. Diamond drill core (NQ3, HQ or PQ) samples collected for analysis were longitudinally cut in half, and quarters for the QAQC samples using a using an automated Almonte core saw. Core was placed in boats, holding core in place. Half core or quarter core sample intervals typically varied from 0.3m to 1.3m in length. 1m sample intervals were favoured and are the most common method of sampling, however sample boundaries do principally coincide with geological contacts. The remaining core was retained in core trays. DD samples were dried, crushed (where required), split and pulverised (total prep) to produce a 0.25g sub sample for base metal analysis or a 30g sub sample for gold analysis by fire assay. QAQC protocols for all DD 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 collected at a 1 in 30 sample rate. The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. RC Drilling 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. • • • • • QAQC protocols for all RC sampling involved the use of certified reference materials as assay standards, inserted at a 1 in 50 sampling rate. Blank samples were inserted at a 1 in 50 sampling rate 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. talismanmining.com.au 10 4 August 2024 ASX Announcement Criteria JORC Code explanation • 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. Commentary • • • 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 a 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 used to calibrate the pXRF instrument every 30 samples. Diamond Drilling • • • • Verification of sampling and assaying Location of data points • 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. • 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. • • • • • QAQC protocols for all DD sampling involved the use of certified reference materials as assay standards, inserted at a 1 in 50 sampling rate. Blank samples were inserted at a 1 in 50 sampling rate using a certified reference material coarse blank. Field Duplicates were inserted at a 1 in 30 sampling rate. In relation to the disclosure of visual mineralisation, the Company cautions that visual estimates of sulfide material abundance should never be considered a proxy or substitute for laboratory analysis. Laboratory assay results are required to determine the type, grade and width of the visible mineralisation reported in this announcement. The Company will update the market when laboratory analytical results become available. Significant intercepts have been verified by alternate company personnel. Logging and sampling data is captured and imported using Ocris 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 Talisman RC drill collar locations are pegged using a handheld GPS. Final collar locations were also picked up using a hand-held DGPS unit with +/- 20cm accuracy. The coordinate system used is the Geocen