Market Update

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__________________________________________________________________________
7 October 2024
ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED
(NZX: NTL, ASX: NTL)
FOR IMMEDIATE RELEASE
NTL MARKET UPDATE
New Talisman wishes to update the market on the following matters.
Processing Plant
The photos below taken in Ottawa, Canada, show two loads of the recently purchased
processing plant being freighted to Montreal for shipping to NZ. The entire plant has now been
itemised, cleaned and warehoused in Montreal awaiting final packing and fumigation ahead
of shipping to NZ.

NTL have been closely monitoring developments of the now resolved port workers strike in
the US. The plant’s scheduled sailing was 10th October ex Philadelphia, but this may be re-
routed to leave from Montreal to avoid any disruption caused by the strike. We will update the
market if there is any material difference in shipping timeframes.
2b Gibraltar Cres,
Parnell, Auckland 1052
Office +64 9 303 1893
info@newtalisman.co.nz

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Fast Track Approvals Bill
NTL had applied for its Talisman project to be included in Schedule 2 of the Fast Track
Approvals Bill. The company was informed over the weekend that the project would not be
expressly included in Schedule 2 when the Bill goes before Parliament later this year.
However, the company was also informed that “Not being listed in Schedule 2 is not a
commentary on the merits of the project, nor any future indication on how the project would
be assessed if you were to make a future referral application under the Bill once enacted.”
NTL currently has a 2 year Bulk Sampling Consent, the timeframe for which has not yet been
triggered. The company is working closely with mine operator Terra Firma to coordinate the
commencement of bulk sampling to efficiently align with the processing plant arrival and
commissioning.
NTL still intends to apply for full mining Consent during the Bulk Sampling phase, and will
decide whether to utilise the Fast Track or usual mining consent process in due course.




John Upperton
General Manager
New Talisman Gold Mines Limited