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Talisman Mining Limited (ASX:TLM)

ALERT: Price-sensitive ASX Announcement for TLM
Current share price for TLM : $0.070 0.001 (1.45%)+
Announcement
Release
27 Jul 2026 8:20AM
Price at Release
$0.069
Full Release
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Summary
Talisman Mining Limited has reported promising results from its aircore drilling program at the Sheepyard Prospect, part of the Walkers Hill Gold Project in New South Wales, Australia. The drilling program, consisting of 40 holes and totaling 1,657 meters, has confirmed the presence of a large-scale gold system. Significant shallow gold mineralization has been identified over an unconstrained 800 meters of strike, with assays indicating grades up to 1.28g/t Au. This mineralization is associated with a north-west plunging IP chargeability anomaly, which has not been fully tested at depth. The company plans further drilling to expand the mineralized system's footprint and to explore deeper targets suggested by the IP anomaly. The Sheepyard Prospect is part of a broader 5.5 km soil anomaly, making it a high-priority target for Talisman.
Key Points
  • Large-scale gold system confirmed at Sheepyard Prospect.
  • 40-hole aircore drilling program completed.
  • Significant shallow gold mineralization over 800m of strike.
  • High-grade assays up to 1.28g/t Au.
  • Mineralization associated with a north-west plunging IP anomaly.
  • Further drilling planned to explore and expand the mineralized system.
  • Sheepyard Prospect part of a 5.5km soil anomaly representing a high-priority target.
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.