Talisman Mining

Talisman Mining has announced a repositioning under new leadership, supported by a recently completed $4m capital raise and about $7m in available cash. The short-term goal is an RC drilling program of six to eight holes at Sheepyard in the Walkers Hill project; management also prioritizes evaluating additional gold and copper‑gold targets in Western Australia. The board’s experience is emphasized, acquisitions and partnerships are being reviewed, and the company points to a 1% royalty on the Wonmunna iron ore mine, which has already delivered over AUD 35m. Despite an improved balance sheet, the company remains a small‑cap explorer with high exploration risks and a market capitalisation of around AUD 14m. » More on de.investing.com

Talisman Metals has extended two exploration licenses (3942418 and 3942419) for the Fougnar project in Morocco until 8 May 2030. The licenses cover 30.6 km² and are 100% owned by the company through a Moroccan subsidiary; under Moroccan law they can be converted to mining (exploitation) licenses. Earlier sampling returned copper grades of 0.50–1.45% and up to 70 g of silver per tonne. A drilling campaign is now scheduled for Q4 2026, delayed from the original Q3 2026 timetable; the project lies about 25 km from the Tizert deposit. » More on de.investing.com

Cambrian Limited has reduced its voting interest in Talisman Metals from 9.74% to 8.76%. The decline resulted from a change in the distribution of voting rights that took effect on 20 August; Cambrian now holds 6,252,049 direct voting rights and does not hold any additional financial instruments. The notice is based on a TR-1 filing submitted to the Financial Conduct Authority on 25 August. » More on de.investing.com