NTL new talisman gold mines limited

NTL - Live Depth Chart, page-33

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    This is part of what I was saying about proving and expanding the Talisman and Talisman Deeps JORC resources through bulk sampling - the geos will be able to calculate stuff while the company generates cash flow.

    Page 7 of the Offer Document dated 10 June 2015 says: http://www.asx.com.au/asxpdf/20150610/pdf/42z33n9t85z2bj.pdf

    Similar operations are planned on the Dubbo. The Dubbo Shoot when it was last mined in 1992 produced significant grades as high 3000g/t gold (around 100oz/t). NTL intends to increase its level of confidence in and expand its current JORC 2004 resource in Dubbo during this phase and to determine the extent of the continuation of the Dubbo Shoot at depth and along strike.

    Page 7 of the Rights Issue Offer Document from 6 May 2014 says: http://www.asx.com.au/asxpdf/20140506/pdf/42pg66ycd51h10.pdf

    The initial focus will be the upgrade of the mine and removal of high grade stockpiles for processing. These high grade stockpiles have been tested and have provided indicative grades ranging from <1gt up to 10,000 g/t (1% gold). The proceeds from treating the stockpiles will be reinvested into the project and mine development.
 
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