Talisman Mining Limited · ASX:TLM
Talisman Mining — Investor Presentation (July 2015)
25 slides from Talisman Mining's investor presentation, July 2015
Slide 1: Investor Presentation July 2015
Investor Presentation July 2015 Building Opportunity and Diversity in Copper and Nickel
Slide 2: Disclaimer and Competent Person's Statements
Disclaimer and Competent Person’s Statements Disclaimer This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions.
Slide 3: Overview – Building a Diversified Growth Platform
Overview – Building a Diversified Growth Platform • Dual opportunity for growth in both: • VMS Copper / Gold (Doolgunna Copper-Gold Projects); and • Nickel sulphides (Sinclair Nickel Project) • Prudent & disciplined approach to managing risk and value creation: • Sandfire funding & managing explorat
Slide 4: Corporate Summary
Corporate Summary Capital Structure Shares on Issue 131.5M Unlisted Options 7.25M Market Cap (45c - 50c) ~$60 - $65M Cash ~$4.25M Other Assets Ochre Group Holdings Limited 5.9% Wonmunna Iron Ore Project Royalty 1.0% Board Alan Senior (Chairman) – ex Jubilee Mines NL Gary Lethridge (Managing Director
Slide 5: Doolgunna Copper-Gold Projects
Doolgunna Copper-Gold Projects Exposure to Potential New Copper-Gold Discoveries in a World-Class VMS Province 5
Slide 6: Talisman Doolgunna Project Locations
Talisman Doolgunna Project Locations • 3 prospective Projects in the Doolgunna region • Exceptional massive sulphide intersection at Monty prospect • First discovery outside Sandfire’s DeGrussa VMS lenses • Is Monty potentially another Degrussa on the other side of the basin? 6
Slide 7: Monty - A new discovery: 16.5m @ 18.9% Cu & 2.1g/t Au
Monty - A new discovery • 16.5m @ 18.9% Cu & 2.1g/t Au from 409.5m downhole • 365m below surface • Predominantly chalcopyrite & pyrrhotite massive sulphide mineralisation • Located 10km from DeGrussa 7
Slide 8: Monty - A new discovery
Monty - A new discovery • Considered by Sandfire to be similar • Occurs within a host sequence that bears many to that seen in the DeGrussa, similarities to that which hosts the massive Conductor 1, 2, 4 and 5 VMS lenses sulphide mineralisation at DeGrussa 8
Slide 9: Monty - A new discovery: Detailed Assay Results
Monty - A new discovery Intersection Mineralisation From (m) To (m) Intercept Down Hole Cu (pct) Au (ppm) Ag (ppm) Zn (pct) 410.3 410.6 0.3 11.1 2.0 12.3 0.8 410.6 411.2 0.6 0.9 0.7 2.7 0.6 411.2 411.9 0.7 5.0 2.9 9.0 2.3 411.9 412.5 0.6 11.8 3.8 14.0 1.2 412.5 413 0.5 26.9 1.9 18.6 1.1 413 414 1 25
Slide 10: Monty – the next steps
Monty – the next steps • Review of EM has extended the original off-hole DHEM plate • Drill TLDD0005 ~80 metres south-west along strike from TLDD0004A • TLDD0005 targeting extended DHEM plate • DHEM of TLDD0004A & TLDD005 post drilling 10
Slide 11: Homer Prospect – the next discovery?
Homer Prospect – the next discovery? • Located along strike (east) of DeGrussa • TLDD0001 drilled mid 2014 targeting a DHEM anomaly: • Identified a VMS stratigraphic package with trace disseminated Cu mineralisation; and • Indicative of a proximal VMS mineralising environment. • TLDD0003 drilled rec
Slide 12: Doolgunna Region Projects – Summary
Doolgunna Region Projects – Summary • Springfield Project prospective for VMS discoveries across multiple prospects • Not just along strike from DeGrussa • Monty Prospect – discovery • 16.5m @ 18.9% Cu massive sulphides intersected • Further drilling underway • Homer Prospect – alive and well • Exha
Slide 13: Sinclair Nickel Project
Sinclair Nickel Project Looking for the next nickel discovery & preparing to be “development ready” 13
Slide 14: Sinclair Nickel Project – Overview
Sinclair Nickel Project – Overview Sinclair Nickel Project: • Advanced and underexplored West Australian nickel sulphide project • Located within the Agnew-Wiluna Greenstone belt, one of the world’s premier nickel provinces with reported endowment of over 9Mt of nickel and numerous world-class depos
Slide 15: Sinclair Nickel Deposit – Mine and Deposit Extension
Sinclair Nickel Deposit – Mine and Deposit Extension ~445m 200m 200m • Historic production 1.58 Mt @ 2.44% Ni for 38,500t of contained Ni (to 445m below surface) • Wide-spaced drilling of the Sinclair Deposit for 1km beyond current mine development has returned significant intersections*. • Modellin
Slide 16: Near-Mine Opportunity - Skye & Stirling
Near-Mine Opportunity - Skye & Stirling • Two mineralised, parallel ultra-mafic channels (similar & adjacent to Sinclair) • Drilled near surface but limited drilling down-plunge • Numerous significant mineralised intercepts from relatively broad spaced historical drilling • EM data reprocessed by Ne
Slide 17: Near-Mine Opportunity - Skye & Stirling Next Steps
Near-Mine Opportunity - Skye & Stirling Next Steps • High priority EM plates identified from review and 3D geological modelling • Program developed for priority first stage exploration activities to test optimal mineralised positions along Skye and Stirling • POW submitted 17
Slide 18: Delphi Prospect – Potential for a New Discovery
Delphi Prospect – Potential for a New Discovery • Starting 4km south of Sinclair for 6km’s in the same sequence. Limited historical drilling • Regional targeting exercise has highlighted Delphi as high priority • Preliminary interpretation of magnetics highlights potential for Delphi to be a Sinclai
Slide 19: Delphi North
Delphi North • Geological interpretation highlights sequence of high-MgO ultramafics – high magma flux environment • Nickel sulphide intersections up to 5.4% Ni from very broadly spaced drilling • Distinct geophysical EM plates along strike from massive sulphide intersections. Next Steps • Targeted
Slide 20: Delphi South
Delphi South • Geological interpretation highlights thick sequence of high-MgO ultramafics – high magma flux environment • Disseminated mineralisation intersections • Regional magnetics highlight potential for repeat of Sinclair “terrace” structure • Interpreted basal contact not tested • Distinct E
Slide 21: Delphi Summary
Delphi Summary • Geological re-interpretation highlights similarity to Sinclair • Historic intersections up to 5.4% Ni • 2 high potential target areas identified • Delphi North • Delphi South • Untested EM plates now align with the new geological interpretation • POW’s approved 21
Slide 22: Regional Exploration Targeting
Regional Exploration Targeting • Highly prospective 300km² tenement package • 80 strike km of prospective ultramafics • Limited regional historic exploration • particularly in past 5 years • Priority targeting matrix • High priority Delphi Prospect already identified as potential Sinclair “lookalike
Slide 23: Sinclair – Summary
Sinclair – Summary • High Priority regional exploration targets identified at Delphi • Further regional exploration targets being developed • Skye and Stirling priority targets developed • On-going geological modelling and interpretation of: • Sinclair mine; and • Sinclair deposit extension • Access
Slide 24: Talisman – A Clear Strategy to Grow Shareholder Value
Talisman – A Clear Strategy to Grow Shareholder Value Doolgunna Copper-Gold Projects • New VMS Discovery at Monty Prospect - 16.5 metres @18.9% Cu & 2.1g/t Au • First discovery outside DeGrussa • Further drilling underway at Monty Prospect • Homer Prospect hosts VMS stratigraphy – remains highly pro
Slide 25: Building Opportunity and Diversity in Copper and Nickel
Investor Presentation July 2015 Building Opportunity and Diversity in Copper and Nickel