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Talisman Mining Ltd.

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Summary

Project:

Lachlan

Deposit:Lachlan
Location:Australia
Commodities:Gold
Date:12/19/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-12-2019: Talisman Mining Ltd. announces an Exploration/Drilling Update report for its Lachlan deposit at the Lachlan project. Drilling results incl. 1m @ 0.62g/t Au from 71m. Talisman Mining Ltd (ASX: TLM, Talisman) advises that first assay results hav
Resources:x
CP/QP:[Overall Report]: Anthony Greenaway (Internal)
ABSTRACT:Talisman Mining Ltd (ASX: TLM, Talisman) advises that first assay results have been received from an RC drilling program undertaken to test five gold-in soil anomalies across the Southern region of the Lachlan Cu-Au Project (Lachlan Project) in NSW (Appendix 1). The majority of results from four of the five target areas are still awaited or not yet submitted. The RC program commenced in early November and is the first drill testing of gold-in-soil geochemical anomalies identified from a regional sampling campaign earlier in the 2019 calendar year. Following an extension to the planned drilling at the Melrose Prospect, it is now anticipated the final drilling of the planned program (at the Blind Calf Au Prospect) will be completed in January 2020. On completion of this current RC drill program, diamond drilling will then focus on testing down plunge extensions to the high-grade Blind Calf-Dunbars Copper Lode and the DHEM targets recently identified at interpreted mineralised lodes in the Blind Calf region. Drilling is expected to continue throughout February 2020. An extensive program of soil sampling has also recently been completed across multiple prospective reconnaissance targets. Once all gold assay results have been received, a complete interpretation will be undertaken to determine the next steps.

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