Talisman Mining
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Talisman Mining (TLM) investor relations material

Talisman Mining Q2 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 TU earnings summary20 Jan, 2026

Executive summary

  • Completed 2,229m aircore drilling at Sheepyard Prospect (Walkers Hill Gold Project) and 933m diamond drilling at Yarindury East (Yarindury Porphyry Copper-Gold Project); assay results pending for both programs.

  • Continued focus on high-priority gold and copper-gold targets in NSW, with ongoing exploration and geophysical surveys.

  • Received $1.37 million in royalty payments from the Wonmunna Iron Ore Project for the quarter.

  • Cash balance at 31 December 2025 was $4.03 million.

Financial highlights

  • Quarterly royalty receipts from Wonmunna Iron Ore Project totaled $1.369 million, reflecting moderating ore volumes and favorable iron ore prices.

  • Exploration and evaluation expenditure for the quarter was $0.995 million, focused on Lachlan and Macquarie Arc projects.

  • Payments to related parties (directors’ fees) amounted to $156,000 for the quarter.

  • Net cash used in operating activities was $(125,000); net cash from investing activities was $100,000; net cash used in financing activities was $(17,000).

  • Cash and cash equivalents at quarter end were $4.03 million.

Outlook and guidance

  • Assay results from Sheepyard aircore drilling expected in late January 2026; Yarindury East diamond drilling results expected in March quarter 2026.

  • Royalty payments from Wonmunna Iron Ore Project expected to wind down from March quarter 2026 as production transitions to Lamb Creek.

  • Ongoing review of new mineral growth opportunities in Australia and internationally, with a focus on value-accretive transactions.

Wonmunna royalty wind-down financial impact?
Yarindury East porphyry target potential
Cash runway including exploration spend?
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Frequently asked questions

Talisman Mining Limited is an Australia-based mineral exploration company focused on the discovery and development of base and precious metals. The company explores for copper, gold, and other strategic minerals, with projects primarily located in Western Australia. Talisman Mining engages in geological surveys, drilling programs, and resource assessments to advance its exploration prospects. The company aims to support global demand for critical minerals through responsible and sustainable exploration practices. Talisman Mining Limited is headquartered in Perth, Australia, and its shares are listed on the Australian Securities Exchange (ASX).

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