New Talisman Gold Mines Limited (formerly Heritage Gold NZ Limited) is listed on both the Australian and New Zealand stock exchanges under the code NTL.
The company holds a mining permit and an exploration permit over the Talisman Gold mine project in the Hauraki Gold Field. The company has completed all necessary permitting for development of the bulk sampling project at the mine and holds a resource consent for this purpose.
The company also has entered into a binding Agreement with Newcrest over the Rahu exploration area where New Talisman made a discovery and which provides significant upside for the longer term. The Rahu project is currently held by Newcrest Mining having been granted an exploration permit by New Zealand Petroleum and Minerals in Q2 2016. NTL has a 20% interest in the project held in trust by Newcrest.
The company has recently initiated bulk sampling at the Talisman mine as it proceeds to reopen this historically significant producing mine.
Responsible, environmentally sustainable mineral exploration and profitable development is a strong focus of the company.