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Talisman Mining Limited (ASX:TLM)

ALERT: Price-sensitive ASX Announcement for TLM
Current share price for TLM : $0.069 -0.066 (-48.89%)+
Announcement
Release
18 Jul 2025 8:16AM
Price at Release
$0.135
Full Release
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Summary
Talisman Mining Limited released its Quarterly Activities Report and Appendix 5B Cash Flow Report for the period ending 30 June 2023. During the quarter, Talisman focused on exploration activities at its key projects, including the Lachlan Copper-Gold Project in New South Wales and the Lucknow Gold Project. The company reported on its ongoing drilling programs, geological assessments, and tenement management activities. Talisman maintained a strong cash position, with cash and cash equivalents at the end of the quarter totaling $13.1 million, and no debt. The report outlines expenditure on exploration and evaluation, administration costs, and provides an Appendix 5B summarizing cash flows for the quarter. Talisman continues to evaluate opportunities for project acquisitions and remains funded for future exploration.
Key Points
  • Talisman Mining Limited released its Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ended 30 June 2023.
  • Exploration activities were primarily focused on the Lachlan Copper-Gold Project and the Lucknow Gold Project in New South Wales.
  • Ongoing drilling and geological assessment programs were conducted during the quarter.
  • The company reported strong cash reserves of $13.1 million and remains debt-free.
  • Exploration and evaluation expenditure, as well as administration costs, are detailed in the Appendix 5B.
  • Talisman continues to review new project acquisition opportunities.
  • The company is well-funded for planned future exploration activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.