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Operational Update27 February 2023NTLIndustrials

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__________________________________________________________________________

28

th

February 2023

ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED

(NZX: NTL, ASX: NTL)

FOR IMMEDIATE RELEASE


NTL FINALISES KEY HEALTH AND SAFETY PLANS FOR TALISMAN MINE



NTL is pleased to advise that it has approved the detailed health and safety plans for

recommencement of operations at Talisman Mine (the Principal Hazard Management Plans

and Principal Control Plans). NTL expects to finalise its Health and Safety Management

System, the remaining key element of its health and safety framework, within the next few

weeks. The completion of our health and safety system framework is a key milestone to be

completed prior to our return to mining.

NTL is also pleased to advise that the Talisman mine site has been externally checked

following the recent extreme weather events and has not been materially impacted. Some

minor chainsaw work was required on the access road.

Finally, we would like to remind shareholders that our current rights issue remains open until

Friday 10 March 2023. Full details can be found here

www.shareoffer.co.nz/ntl .

We have already received a number of pledges from Shareholders and welcome further

participation from our investors.

If you have any queries regarding any of the above, please contact: John Upperton

john@newtalisman.co.nz, ph

+64 9 3031893.


Yours sincerely,


Samantha Sharif

Chair

New Talisman Gold Mines Limited

2b Gibraltar Cres,

Parnell, Auckland 1052

Office +64 9 303 1893

info@newtalisman.co.nz

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