Lachlan NSW Project

Extensive and highly prospective base metals and copper-gold tenure in a world-class district.

  • Highly prospective ~6,000km2 exploration portfolio in the Lachlan Fold Belt, NSW
  • World-class mineral field, hosting numerous Tier-1 deposits:
    • Cadia, Cowal, North Parkes porphyry copper-gold
    • Cobar Basin Epithermal-style lead-zinc-silver-copper
    • Vein-style high-grade gold-silver
  • Recent significant discoveries and mine developments:
    • Tomingley gold, Hera/Federation copper-lead-zinc-silver
  • Talisman tenure spans significant controlling structures:
    • Areas under cover have not been well explored
    • All significant deposits are structurally controlled
  • Exploration targeting using geophysics and structural geology
  • Large-scale lead-silver-zinc system intersected at Rip N Tear
  • Significant high-grade Zn-Pb-Ag-Cu-Au system intersected at Durnings

Durnings Prospect

Stage 1 – Scope the project size potential

  • Canbelego – Mineral Hill Volcanic Belt
  • Durnings Prospect associated with strong base metals soil geochemistry
  • SE of Mineral Hill ( operated by Kingston Resources)
  • 17Km strike length of the prospective Faults/Structure
  • Dominant position over the most prospective ground
  • Large IP anomalies –1.3km strike length implying substantial structurally controlled target –never tested
  • Previous & Historical results
    • DRRC0001 – 8m at 6.3g/t Au, 0.77% Cu, 0.36% Zn, 6.3g/t Ag1
    • KSRC0008 – 32m at 0.37g/t Au, 1.25% Pb, 12.1g/t Ag2
  • Potential to be:
    • High Grade, moderate scale
    • Multiple complimentary deposits
    • Nearby established infrastructure

Stage 3 – Follow Up Drill Test

  • Initial 24 RC and DD holes drilled in 2 phases
  • Two new zones Discovered
  • DRRCD0006 and DRRCD0019 Results3
    • Zone of high grade Base Metal mineralization
      • 6m at 10.3% Pb, 3.5% Zn, 126g/t Ag, 0.4% Cu, 1.93g/t Au from 274m
      • 7.4m at 6.7% Pb, 2.9% Zn, 137g/t Ag, 0.20% Cu, 0.24g/t Au from 198m
    • Zone high grade, Cu-Au mineralisation
      • 28m at 4.03g/t Au, 0.9% Cu, 3.8% Pb, 0.7% Zn, 26.5g/t Ag from 370m incl.
      • 10m at 7.94g/t Au, 1.0% Cu, 9.9% Pb, 1.5% Zn, 61.3g/t Ag from 374m
  • DRDD0023 Results4
    • Second Zone high grade, Cu-Au mineralisation
      • 4m at 12.6g/t Au, 0.5% Cu, 0.4% Pb, 0.6% Zn and 11.4g/t Ag from 90m
      • 13m at 1.35g/t Au, 0.3% Cu, 2.7% Pb, 0.3% Zn and 18.1g/t Ag from 65m
  • Next Steps
    • Diamond drilling follow up of the DHEM plates

Note 1 & 2. ASX:TLM 15 May 2023 & ASX:TLM 6 June 2022
Note 3. ASX:TLM – 27 March & 29 April 2024.
Note 4. ASX:TLM – 7 June 2024