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Talisman Mining Ltd.

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Summary

Project:

Sinclair

Deposit:Amy Rix
Location:Australia
Commodities:Nickel
Date:5/20/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-5-2019: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Amy Rix deposit at the Sinclair project. Drilling results incl. 32m @ 0.78% Ni from 0m. Talisman Mining Ltd (ASX: TLM, Talisman or the Company) is pleased to provide a
Resources:(Resource): 250Kt @ 2.4% Ni (Ind.), 460Kt @ 2.2% Ni (Inf.)
CP/QP:[Overall Report]: Anthony Greenaway (Internal)
ABSTRACT:Talisman Mining Ltd (ASX: TLM, Talisman or the Company) is pleased to provide an update on recent exploration activities at the Sinclair Nickel Project (Sinclair). A total of 95 aircore holes were drilled for 4,416m across the Sinclair tenement package along the length of the Sinclair Trend (Appendix 1) in the March 2019 quarter. Drilling was designed to test the ultramafic basal contact in areas previously untested as well as to follow up areas of interest from historic drilling at the Amy Rix Prospect Drilling encountered a variety of lithologies including sediments, felsic intrusives, ultramafic and mafic lithologies, with strongly oxidised ‘gossanous’ material logged from surface at the Amy Rix Prospect. Results from analysis of the Amy Rix Prospect samples has highlighted a broad zone of oxide nickel mineralisation from surface over three adjacent drill traverses (Figure1) over a strike distance of 500m. This zone of gossanous nickel mineralisation remains open along strike in both directions..

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