Lucknow Gold Project

Lucknow is one of the highest-grade goldfields in the world, with historic production of more than 400,000 ounces at an average estimated mined grade of +100 g/t Au.

Talisman entered into a farm-in agreement in August 2019 with privately-owned Lucknow Gold Limited in relation to the Lucknow Gold Project (EL6455) in New South Wales.

The Lucknow Goldfield is located within the Macquarie Arc in NSW which hosts extensive gold and copper mineralisation including the large Cadia-Ridgway (Cu-Au) and McPhillamys (Au) deposits, as well as the Browns Creek (Cu-Au), Forrest Reefs (Au) and Junction Reefs (Au) deposits.

Lucknow Project and surrounding gold deposits and major geological structures within Macquarie Arc NSW.

The Lucknow Goldfield was discovered in 1851 and was one of the earliest goldfields to be mined commercially in Australia. Historic production records at the Project are incomplete, however in excess of 400,000 ounces of gold has reportedly been produced at grades of 100 to 200 g/t¹.

Historic sample: gold in calcite from Wentworth Mine, Lucknow, NSW.

Talisman intends to undertake a program of geochemical surface sampling and mapping ahead of a drilling program to test for potential down plunge extensions of the high-grade gold ore shoots and repeat structures throughout the project area.

¹NSW DIGS report, First Annual Exploration Report EL5770, 2001 – R00030162