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Last A$0.50 AUD
Change Today +0.015 / 3.09%
Volume 160.9K
As of 11:35 PM 10/13/15 All times are local (Market data is delayed by at least 15 minutes).

talisman mining ltd (TLM) Snapshot

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07/22/15 - A$0.79
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10/17/14 - A$0.10
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talisman mining ltd (TLM) Details

Talisman Mining Limited engages in the exploration of mineral properties in Western Australia. The company explores for base metals, copper, gold, and nickel deposits. It holds interests in Sinclair Nickel project located in southern portion of the Agnew-Wiluna Greenstone belt; and Springfield copper-gold project covering 303 square kilometers located in the northern Murchison Goldfields region. The company is based in Subiaco, Australia.

talisman mining ltd (TLM) Top Compensated Officers

Managing Director and Executive Non-Independe...
Total Annual Compensation: A$281.1K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$216.0K
Exploration Manager
Total Annual Compensation: A$75.1K
Compensation as of Fiscal Year 2015.

talisman mining ltd (TLM) Key Developments

Talisman Mining Limited and Sandfire Resources NL Receive Assay Results from Step-Out Diamond Drill Holes TLDD0009 and TLDD0010 at the Monty Copper-Gold Discovery

Talisman Mining Limited announced that Sandfire Resources NL has advised that it has received assay results from step-out diamond drill holes TLDD0009 and TLDD0010 at the Monty copper-gold discovery within Talisman's Springfield Project located approximately 10km east of the DeGrussa Copper-Gold Mine. The two holes were drilled concurrently by Sandfire to test for mineralized extensions in the areas up-dip of the known mineralisation at Monty. Diamond hole TLDD0009 has returned the following high-grade intercepts approximately 55 metres up-dip of the previously reported intersection in TLDD0005 (9.2m @ 11.8% Cu and 2.9g/t Au from 417.0m). 1.0 metre grading 8.6% Cu and 0.3g/t Au from 343.0m to 344.0m down-hole (true width not known at this time, top of intercept is 301.2 metres vertically below surface); 7.9 metres grading 8.3% Cu and 2.4g/t Au from 363.1m to 371.0m down-hole (true width not known at this time, top of intercept is 316.3 metres vertically below surface); and 4.8 metres grading 4.9% Cu and 1.1g/t Au from 385.8m to 390.6m down-hole (true width not known at this time, top of intercept is 334.7 metres vertically below surface). Diamond hole TLDD0010 returned the following high-grade intercepts approximately 70 metres up-dip of TLDD0006: 0.5 metres grading 1.2% Cu and 1.4g/t Au from 355.6m to 356.1m down-hole (true width not known at this time, top of intercept is 312.2 metres vertically below surface); 10.5 metres grading 18.9% Cu and 3.1g/t Au from 359.7m to 370.2m down-hole (true width not known at this time, top of intercept is 314.5 metres vertically below surface); and 4.7 metres grading 12.8% Cu and 2.5g/t Au from 373.6m to 378.2m down-hole (true width not known at this time, top of intercept is 328.0 metres vertically below surface). Sandfire have provided a preliminary vertical longitudinal projection (looking to the south-east). Their current interpretation suggests that the mineralised body identified at Monty to date may be plunging to the north-east at approximately 45 degrees. This projected long section shows only the deeper intersections reported to date within the mineralisation host unit below 350mRL (i.e from 250 metres below surface) and highlights the potential for up and down plunge extensions to the mineralisation as these areas remain open and are yet to be drill tested. In Talisman's view, it is possible that the deeper mineralisation at Monty may be interpreted to project towards the shallow massive sulphide mineralisation intersected in hole TLRC0004. Diamond holes TLDD0012, TLDD0014 and TLDD0017 were commenced following the completion of TLDD0009 and TLDD0010. Hole TLDD0014 intersected 0.6 metres of massive sulphides from 362.2m down-hole. TLDD0017 tested approximately 132m up dip from TLDD0014 and intersected approximately 10m of magnetite exhalite and jasper interpreted to represent a distal position to the hydrothermal system. Hole TLDD0012 intersected the host horizon at the interpreted position with halo mineralisation (blebby and disseminated sulphides that typically surround the high-grade massive sulphide accumulations) observed in the drill-core. Drilling is continuing at Monty with additional diamond holes planned to test for extensions of the mineralisation both up and down-plunge, up and down-dip and along strike. Drilling is being supported by down-hole EM surveys. The Springfield Project is subject to an exploration farm-in joint venture between Sandfire and Talisman where Sandfire has the right to earn up to a 70% interest in Talisman's Doolgunna Projects by the expenditure of $15 million on exploration at the Projects.

Talisman Mining Ltd Announces Consolidated Earnings Results for the Six Months Ended December 31, 2014

Talisman Mining Ltd. announced consolidated earnings results for the six months ended December 31, 2014. For the six months, the company announced loss before income tax expense of AUD 5,603,454 compared to AUD 751,449 for the same period a year ago. Loss after tax from continuing operations was AUD 4,056,788 compared to AUD 663,618 for the same period a year ago. Net loss for the period was AUD 4,056,788 compared to AUD 663,618 for the same period a year ago. Loss per share, basic was 3.08 cents compared to 0.50 cents for the same period a year ago. Net cash used in operating activities was AUD 357,657 compared to AUD 153,218 for the same period a year ago. Payments for property, plant and equipment was AUD 21,211. Payments for exploration and evaluation expenditure were AUD 890,779 compared to AUD 1,967,780 for the same period a year ago.

Talisman Mining Ltd Advises Resignation of Mr. Graeme Cameron as Technical Director

Talisman Mining Ltd. advised that Mr. Graeme Cameron has resigned as the company's technical director to pursue other opportunities.


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