A total of 13 Stage 2 RC and diamond holes have been completed...

A total of 13 Stage 2 RC and diamond holes have been completed (DRRC0012 to DRDD0024)
with assays awaited.

• Down-hole electromagnetic (DHEM) surveys underway on DRRCD0019 to identify potential
extensions of the high-grade mineralisation.

• Stage 3 drilling planned to commence shortly to follow-up the high-grade copper-gold and base
metals zones once additional assay results and DHEM survey results are returned.

Other Targets at Durnings

■ The large Eastern GAIP Anomaly yet to be tested
■ Soil geochemistry completed - assays awaited
■ Geological mapping - complete
■ Additional geophysical survey PDIP likely before
drilling
■ Area maybe cropped in May…rain dependent

Exploration commences at Mabel Creek IOCG Project,
South Australia

2024 exploration program commences at Talisman’s 100%-owned Mabel Creek IOCG Project
in SA, acquired by TLM in 2023, with a Ground Gravity Survey underway.
• Initial 6-8 week survey program covering entire 1,048sqkm holding.
• Survey covers a number of prospective magnetic anomalies in the Mabel Creek area and will
be used to generate drill targets for the planned field program commencing in the second half.
• First on-ground exploration work to be undertaken on this project area for 14 years.

Wonmunna Iron Ore

• Royalty cash receipts from the Wonmunna Iron Ore Project of $2.5 million received for the quarter.
• Talisman remains well-funded with cash on hand at 31 March of $7.2 million.


Exciting Times for all Talisman Shareholders...