TALISMAN MINING LIMITED — Board/Management Information 2019

Jul 23, 2019

24 July 2019

A ointment o Non-Executive Director pp f

Talisman Mining Limited (ASX: TLM , Talisman ) is pleased to advise of the appointment of Peter Benjamin as a Non-Executive Director.

Mr Benjamin is an experienced geologist who has worked in the mining industry for more than 40 years, predominantly in senior exploration, project, operational and executive management roles with junior and mid-tier ASX-listed companies.

These positions have included Managing Director of gold and copper explorer Kalamazoo Resources Ltd, Managing Director for Shaw River Manganese Ltd, General Manager Geology for Iluka Resources Ltd and Divisional Project Manager for Newcrest Mining Ltd.

These roles have included significant experience in the development and subsequent operations for open pit and underground precious, base metal and bulk mineral mines throughout Australia.

During his career Mr Benjamin has overseen large gold and base metal exploration programmes which have resulted in new mineral discoveries and the extension of Mineral Resources and Ore Reserves. This includes operating exploration and project development programmes in the Lachlan Fold Belt of NSW, which is a key focus area for Talisman.

Mr Benjamin is Member of the Australian Institute of Mining and Metallurgy, a Graduate of the Australian Institute of Company Directors and a Graduate and Mentor at the Australian Institute of Management.

Commenting on Mr Benjamin’s appointment, Talisman Chairman Jeremy Kirkwood said:

“ We are delighted Peter has agreed to join the Board of Talisman. He brings valuable experience in the planning and management of successful mineral exploration programmes. Peter brings a distinctly commercial perspective to exploration which aligns well with Talisman’s philosophy as we ramp up activities at our Lachlan Copper-Gold Project in NSW and our low-cost programmes at the Sinclair Nickel Project in WA. ”

Mr Benjamin will join Talisman’s Audit, Nomination and Renumeration Committees.

Ends

For further information, please contact:

Dan Madden – Managing Director on +61 8 9380 4230

Michael Vaughan (Media inquiries) on +61 422 602 720

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About Talisman Mining

Talisman Mining Limited (ASX:TLM) is an Australian mineral development and exploration company. The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals.

Talisman holds 100% of the Sinclair Nickel Project located in the world-class Agnew-Wiluna greenstone belt in WA’s north-eastern Goldfields. The Sinclair nickel deposit, developed and commissioned in 2008 and operated successfully before being placed on care and maintenance in August 2013, produced approximately 38,500 tonnes of nickel at an average life-of-mine head grade of 2.44% nickel. Sinclair has extensive infrastructure and includes a substantial 290km2 tenement package covering more than 80km of strike in prospective ultramafic contact within a 35km radius of existing processing plant and infrastructure.

Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through separate farm-in agreements. The Cobar/Mineral Hill region is a richly mineralised district that hosts several base and precious metal mines including the CSA, Tritton, and Hera/ Nymagee mines. This region contains highly prospective geology that has produced many long-life, high-grade mineral discoveries. Talisman has identified a number of areas within its Lachlan Cu-Au Project tenements that show evidence of base and precious metals endowment which have had very little modern systematic exploration completed to date. Talisman believes there is significant potential for the discovery of substantial base metals and gold mineralisation within this land package.

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