NTL Secures Renewed Long Term Access Arrangements

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2b Gibraltar Cres, Parnell, Auckland 1052
Office +64 9 303 1893
info@newtalisman.co.nz







25 June 2024




ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED
(NZX: NTL, ASX: NTL)
FOR IMMEDIATE RELEASE

NEW TALISMAN SECURES RENEWED LONG TERM ACCESS ARRANGEMENTS


New Talisman Gold mines Limited is pleased to announce it has today renewed its Long-Term
Access Arrangements (AA) with the Department of Conservation for the Talisman Mine.
The AA term of 5 years is a material improvement on recent renewals, which were limited to
periods of less than a year.
Renewing this AA is a key milestone for NTL and provides the certainty to allow NTL to fully
progress its operations, Mine Work Plan and Strategic Plan as intended.
As signalled in previous market releases, this is the final hurdle in allowing NTL to progress
Talisman mine to production. Given the year long delay in achieving this approval – and the impact
on our original production and revenue timetable – we will now have to raise further funds before
we are able to execute our strategic plan. The good news is that we now have all the key elements
in place to achieve production, including:
• Access Arrangements for Talisman Mine
• An experienced and reputable mine operator (Terra Firma Mining Ltd)
• Conditional agreement on a processing plant
• Conditional agreement on a processing site
We expect to open our Capital Raise in July and look forward to Shareholders’ support as NTL
finally realises the potential of Talisman and work constructively with the Department and all
stakeholders to provide a model template for operating within the DOC estate



Yours sincerely,

Samantha Sharif Chair
New Talisman Gold Mines Limited