Talisman Metals Plc · LSE:TLM
Talisman Metals — Investor Presentation (October 2026)
21 slides from Talisman Metals's investor presentation, October 2026
Slide 1: Developing next generation copper deposits in Morocco
AIM: TLM COPPER EXPLORATION · MOROCCO Developing next generation copper deposits in Morocco CORPORATE PRESENTATION October 2026 FOUGNAR TIRZZIT ARGANA
Slide 2: Disclaimer & forward-looking statements
IMPORTANT NOTICE Disclaimer & forward-looking statements This presentation has been prepared by Talisman Metals PLC (“Talisman” or the “Company”) and is being distributed on This document is directed only at and intended for distribution only to persons who are (a) persons in member states of reques
Slide 3: Talisman at a glance
SNAPSHOT Talisman Metals PLC is developing next generation copper deposits in Morocco. Our goal is to find copper to supply the world Talisman at a glance Morocco – a new, premier destination for mineral exploration and development. New mining code enacted in 2016 opens up country for Share table an
Slide 4: A strong mining industry and export country, with world-class geological potential
INVEST IN MOROCCO A strong mining industry and export country, with world-class geological potential Strategic location Emerging hub for battery industry Morocco’s proximity to Europe makes it an ideal supplier of Morocco is becoming a critical hub for the battery industry, as critical raw materials
Slide 5: Three project areas – targeting sediment-hosted copper deposits
PROJECT PORTFOLIO Three project areas – targeting sediment-hosted copper deposits Tizert North/South and Fougnar Project Sediment-hosted copper within same basin and formation as the Managem Group’s (Managem) Tizert deposit which has a Measured and Indicated Mineral Resource of 76Mt with an average
Slide 6: Early-stage options for the Managem Tizert deposit type
Tizert, in commercial TIZERT NORTH AND FOUGNAR production since 2Q2026 Early-stage options for the Slated to process over Managem Tizert deposit type 3.3Mt of material to produce up to 40,000t of copper equivalent annually. Total resource (M+I+I) of 130Mt. Fougnar lies 25km to 71km2 of ground on Igh
Slide 7: Targeting sediment-hosted copper of the Tizert type
FOUGNAR FOCUS Targeting sediment-hosted copper of the Tizert type Talisman is targeting copper of the sediment-hosted-copper type, the nearby Tizert deposit owned by Managem is an example of this type. The geological formations that host Managem’s Tizert deposit (Basal Series) are present over the f
Slide 8: Multiple priority targets confirmed, new area added to drill plan
FOUGNAR – STREAM SEDIMENT RESULTS Multiple priority targets confirmed, new area added to drill plan Stream sediment work, combined with historical field work and mapping, confirms the priority of established drill targets. A previously unknown area of potential mineralisation was identified on the s
Slide 9: Stratigraphy targets
FOUGNAR AND TIZERT SOUTH Stratigraphy targets 01 On Fougnar, mineralisation is in the form of malachite within greenish siltstones as scattered occurrences within two or possibly three stratigraphic levels within the Basal Series which typically has a dip of 15° to 30° to the west. 02 The Basal Seri
Slide 10: Potential to host down-dip extensions to the Managem Tizert Deposit
TIZERT NORTH Potential to host down-dip extensions to the Managem Tizert Deposit The Tizert North project is approximately 8km northeast of the northern limit of Managem’s Tizert Deposit. Talisman is targeting down-dip extensions of the Tizert deposit that may continue onto Talisman’s licenses. Anti
Slide 11: A sediment-hosted stratiform Cu-Ag system
TIRZZIT PROJECT A sediment-hosted stratiform Cu-Ag system The Tirzzit Project is geologically classified as a sediment-hosted stratiform Cu-Ag system. Tirzzit consists of two mining licenses covering 16.5km 2 , now joined by three adjacent exploration licences covering 47km 2 (total 63.5km2 ), locat
Slide 12: Historic database forms a strong basis for target selection
TIRZZIT PROJECT – READY TO EXPLORE Historic database forms a strong basis for target selection Historic data base form strong basis for target selection, immediate field work and resource definition. In addition to past exploration work by Moroccan ~3km Government agency BRPM recent work undertaken
Slide 13: Continuous near-surface Cu-Ag mineralisation along strike
TIRZZIT – 2026 CHANNEL SAMPLING Continuous near-surface Cu-Ag mineralisation along strike Channel True width (m) Cu (%) Ag (ppm) May 2026 – original outcrop TZ-CH008 1.47 1.05 22.96 All 7 channels above cut-off. Continuous mineralised horizon over 700m within an interpreted 4.6km trend; weighted ave
Slide 14: Maiden RC programme underway, visible copper in first holes
TIRZZIT – DRILL CAMPAIGN Maiden RC programme underway, visible copper in first holes 33 2,770m 2 Sep RC holes planned programme drilling started Geosond Maroc SARL engaged for reverse circulation drilling, designed to establish mineralisation data points along the full strike of the Basal Series, wi
Slide 15: Three new licences increase the Tirzzit footprint to 63.5km²
TIRZZIT – DISTRICT CONSOLIDATION Three new licences increase the Tirzzit footprint to 63.5km² Three exploration licences (3942912, 3942913, 3942914) granted by direct claim via the Agadir office of the Ministry of Energy and Mines, valid until 24 July 2029. The 47km² is a 2.8 times increase on the o
Slide 16: Targeting copper +/- silver and uranium, of the 'red-bed' deposit type
ARGANA PROJECT Targeting copper +/- silver and uranium, of the ‘red-bed’ deposit type Argana Project is targeting copper +/- silver and uranium, of the ‘red-bed’ deposit type, of which there are examples in the area. Approximately 58km2 of ground of permits covering Triassic sandstones, approximatel
Slide 17: Funded for the 2026 exploration programme, with no long-term debt
CORPORATE & FINANCIAL UPDATE Funded for the 2026 exploration programme, with no long-term debt Cash at 30 June 2026 Placement, 20 August 2026 Shares in issue €1.417m £501,800 71.3m US$1.615m; no long-term debt 7,168,570 shares at 7p, a 9.37% premium Following admission of placement shares Placement
Slide 18: Board of Directors
BOARD OF DIRECTORS Jonathan Henry Timothy McCutcheon Leah O'Donovan Non-Executive Chair CEO & Executive Director CFO & Executive Director Mr. Henry has over 25 years' experience in the mining industry, Mr. McCutcheon is a capital markets professional and corporate Ms. O'Donovan is a professional acc
Slide 19: Technical Team
TECHNICAL TEAM Vernon Shein Driss El Bouhli Hsain Baoutoul Lead Geologist Country Manager / Senior Geologist Senior Geologist Mr. Shein is a mining industry veteran with 44 Mr. El Bouhli has 40 years’ experience in Mr. Baoutoul is a geologist and former senior years of exploration industry experienc
Slide 20: Advisory Board & Consultants
ADVISORY BOARD & CONSULTANTS Ian Stalker Neil Herbert Advisory Board Member Advisory Board Member Mr. Stalker is a senior mining executive with 50+ years in resource development, raising over Mr. Herbert is a Fellow of the Association of Chartered Certified Accountants and has over 30 years US$1.0B
Slide 21: Contact
AIM: TLM CONTACT E [email protected] Timothy McCutcheon P +353 (0) 1 525 6710 Chief Executive Officer and Director W talismanmetalsplc.com FOUGNAR · TIRZZIT · ARGANA
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