Market Update - Testing Processing Plant

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29 April 2025
ANNOUNCEMENT BY NEW TALISMAN GOLD MINES LIMITED
(NZX: NTL)
FOR IMMEDIATE RELEASE
Market Update
New Talisman Gold Mines Ltd is pleased to announce it has today commenced testing of the
newly installed processing plant with Talisman ore samples. Samples of concentrate, along
with those of tailings, will be sent for laboratory assay to determine gold and silver grades and
recovery. Tailings will be recirculated through the plant as part of the testing process.

Testing of the plant and analysis of assay results will be an ongoing process in the near term
to ascertain optimal plant operation and gold and precious metals recoveries.

At this stage, it is too early to draw firm conclusions to establish ore to concentrate ratios, but
a clearer picture will emerge as volumes through the plant are increased.

Samples of the concentrate from these early test runs will also be dispatched to refiners as
NTL turns to focusing on generating revenue through Bulk Sampling.

At this stage, NTL intends to commence its Bulk Sampling programme of Mystery vein North
in May. The processing site is in a state of readiness to stockpile ore once Bulk Sampling
commences.

We will continue to update the market as this exciting new phase for the company progresses.





John Upperton
General Manager
New Talisman Gold Mines Limited
2b Gibraltar Cres,
Parnell, Auckland 1052
Office +64 9 303 1893
info@newtalisman.co.nz