Rahu Minerals Exploration Permit Granted
Page | 1
__________________________________________________________________________
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
Page | 2
“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
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.