Ann: MINE: NTL: Authority to enter and operate

• Release Date: 08/08/14 11:55
• Summary: MINE: NTL: Authority to enter and operate
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					NTL
08/08/2014 11:55
MINE

REL: 1155 HRS New Talisman Gold Mines Limited

MINE: NTL: Authority to enter and operate

_____________________________________________________
8th August 2014
ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED (NTL or NTLOA)
FOR IMMEDIATE RELEASE
AUTHORITY TO ENTER AND OPERATE TALISMAN MINE RECEIVED

New Talisman Gold Mines Limited announced today that the Department of
Conservation has authorised the company to enter and operate on the Talisman
mine permit. MP51326.  Authority to Enter and Operate is a formal annual
requirement based on the work programme filed with the Department.   The
application was lodged with the Department    on 16 July 2014, the authority
 was granted for a period from 11 August 2014 to 10th August 2015.

The work program as previously announced entails the bulk sampling/trial
mining project plan which is expected at a steady state to deliver 600T of
ore per month in the build up to fuller production.

The board of New Talisman is pleased with the efficient turnaround of this
application by the Department of Conservation and is working closely with the
Department and other government agencies to finalise the regulatory aspects
of its bulk sampling/Trial mining project plan.

Chief Executive Matthew Hill said "Authority to Enter and Operate is another
major step on the road from explorer to producer.  This is the first AEO to
be granted on the Mining Permit since it has been held by New Talisman
(formerly Heritage Gold). It is a testament to the hard work of the Talisman
team and our focus on stablishing the Talisman mine as a significant producer
in the NZ gold industry. We are now focussed on completion of the Health and
Safety management plan and advancing discussions with Toll treatment
facilities."

Matthew Hill
Chief Executive Officer
New Talisman Gold Mines Limited
+64 27 555 7737

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About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) leading New Zealand
minerals development company with 1890 shareholders who are mainly from
Australia and New Zealand. The company's flagship asset the Talisman mine
holds a JORC compliant mineral resource, a JORC compliant reserve and has
been granted resource consents and access arrangements for the initial phase
of the project. The company is currently initiating bulk sampling at Talisman
and continues to advance the development of the mine. New Talisman's wholly
owned subsidiary Coromandel Gold Limited with a separate management and
board, holds a portfolio of highly prospective mineral interests and gold
properties in the Hauraki and Northland Districts of New Zealand. CGL is
currently working toward establishing itself as a separate listed entity.
Through a subsidiary company, New Talisman Gold owns 20.35% of Broken Hill
Prospecting Limited, which holds a significant cobalt project at Thackaringa,
about 25 kilometres south-west of Broken Hill in Australia and a heavy
mineral sands exploration portfolio.BPL is listed on the ASX (Code: BPL).
More about New Talisman Gold at www.newtalisman.co.nz
End CA:00253640 For:NTL    Type:MINE       Time:2014-08-08 11:55:57