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Talisman Mining Limited (ASX:TLM)

ALERT: Price-sensitive ASX Announcement for TLM
Current share price for TLM : $0.059 -0.071 (-54.62%)+
Announcement
Release
21 Oct 2025 8:17AM
Price at Release
$0.130
Full Release
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Summary
Talisman Mining Limited's Quarterly Activities Report for September 2025 outlines significant exploration developments and financial activities. The company conducted a drilling program at the Walkers Hill gold target in New South Wales, intersecting zones of shallow gold mineralization, and plans further exploration in Q4 2025. The report highlights cash receipts from the Wonmunna Iron Ore Project royalties amounting to $1.55 million and a strong cash position of $4.07 million at the end of the quarter. The company also completed a geophysical survey over the Yarindury Project and planned further drilling programs to explore new targets. Talisman remains financially secure with an estimated 11.67 quarters of funding available.
Key Points
  • Initial drilling at Walkers Hill identified shallow gold mineralization.
  • Royalty receipts of $1.55 million from Wonmunna Iron Ore Project.
  • Cash balance of $4.07 million at the end of September 2025.
  • Estimated 11.67 quarters of funding available.
  • Further exploration and drilling programs planned for Q4 2025.
  • Completed a geophysical survey over Yarindury Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.