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An update from Talisman Mining Limited ( (AU:TLM) ) is now available.
Talisman Mining has reported encouraging assay results from a 2,229m aircore drilling program at the Sheepyard prospect within its Walkers Hill Gold Project in New South Wales. The program intersected shallow, broad zones of gold mineralisation, including notable results of 15m at 1.10g/t gold from surface and 9m at 1.05g/t gold from 30m, within a mineralised corridor approximately 60m wide.
The gold-bearing zones coincide with sheared, altered and quartz-veined rocks striking north-east to south-west, aligning with three higher-tenor geochemical trends identified in soil sampling. These results strengthen the geological model for Sheepyard as a significant near-surface gold target within the Walkers Hill trend, prompting plans for further aircore drilling to test extensions of the mineralised zones and potentially expand the scale of the project’s gold inventory.
More about Talisman Mining Limited
Talisman Mining Limited is an Australian mineral exploration company listed on the ASX, focused on gold projects in New South Wales. Its Walkers Hill Gold Project, about 60km north-west of Condobolin, targets a 4.5km by 2.0km gold-in-soil trend, with the Sheepyard prospect representing a key gold-in-soil anomalous zone within this broader system.
Average Trading Volume: 200,796
Technical Sentiment Signal: Sell
Current Market Cap: A$17.89M
Learn more about TLM stock on TipRanks’ Stock Analysis page.