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Rahu Minerals Exploration Permit Granted

Operational Update19 December 2024NTLIndustrials

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20 December 2024

ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED

(NZX: NTL)

FOR IMMEDIATE RELEASE

Rahu Minerals Exploration Permit Granted

New Talisman Gold Mines Ltd is pleased to announce that its wholly owned subsidiary Rahu

Resources Pty Ltd has been granted Minerals Exploration Permit 61017.

The Permit area covers some 387 hectares, in part adjoining the Mining Permit that New

Talisman holds for the Talisman mine.


The Permit is for a period of 5 years which will coincide with the Talisman mine’s first

meaningful production in decades.

2b Gibraltar Cres,

Parnell, Auckland 1052

Office +64 9 303 1893

info@newtalisman.co.nz

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“Having a neighbouring Minerals Exploration Permit to our primary target of Talisman is an

exciting and logical step for the company” said NTL General Manager and Board member

John Upperton. “The opportunity to establish a possible new JORC Resource in vicinity to our

existing operation gives us the chance to build our Resource base and extend life of

operations beyond a single project” he added.

2025 is shaping to be a year to remember for the company, with production from Talisman

mine slated to commence in the first quarter and to be processed through NTL’s own recently

purchased gravity concentration plant.

“The results of a lot of hard work are coming to fruition and the Board and mining team are

looking forward to delivering for our supportive shareholder base,” said Mr Upperton.





Jane Bell

Company Secretary

New Talisman Gold Mines Limited

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