NTL
01/07/2015 11:53
GENERAL
PRICE SENSITIVE
REL: 1153 HRS New Talisman Gold Mines Limited
GENERAL: NTL: Chinese Investor Update
1 July 2015
CHINESE INVESTOR UPDATE
New Talisman Gold Mines (NTL or the Company) today announces it has received
a request by the Chinese investor group to extend the settlement date for
their investment into New Talisman for a period of 45 days. The Group is
currently finalising discussions with a co-investment partner in China having
completed satisfactory Due Diligence on the Talisman project.
Matthew Hill said "We continue to work closely with our partner on this
investment into one of the most historically productive gold mines in NZ.
This investment coupled with funds raised from the SPP will allow for the
full funding of the Talisman bulk sampling project.
Matthew Hill
CEO
New Talisman Gold Mines Limited
Direct +64 27 5557737
[email protected]
Media Enquiries contact Jillian Talbot at Reach Consulting on +64 21 493820
or at [email protected]
For more information on New Talisman Gold Mines go to www.newtalisman.co.nz
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About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) with 1800 shareholders
who are mainly from Australia and New Zealand. It is a leading New Zealand
minerals development and exploration company with a portfolio of high quality
mineral interests. Its gold properties near Paeroa in the Hauraki District of
New Zealand are a granted mining permit, including a JORC compliant mineral
resource within the original Talisman underground mine, and an adjacent
exploration permit along strike from the mine. The company is now advancing
its plans to develop the mine, and advance the exploration project.
Through a subsidiary company, New Talisman Gold owns 21.7% of Broken Hill
Prospecting Limited, which is planning to develop a cobalt project at
Thackaringa, about 25 kilometres south-west of Broken Hill in Australia. BPL
is listed on both the ASX and NZSX (Code: BPL).
More about New Talisman Gold at www.newtalismangold.co.nz
End CA:00266466 For:NTL Type:GENERAL Time:2015-07-01 11:53:16
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