Announcement • Aug 21
Talisman Metals PLC has completed a Follow-on Equity Offering in the amount of £0.5018 million. Talisman Metals PLC has completed a Follow-on Equity Offering in the amount of £0.5018 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,168,570
Price\Range: £0.07
Transaction Features: Subsequent Direct Listing Announcement • Aug 20
Talisman Metals PLC Announces Drill Mobilisation At The Tirzzit Copper Project Talisman Metals PLC announced drill mobilisation at the Tirzzit copper project. Geosond Maroc SARL has been engaged to drill approximately 3,000 metres of reverse circulation drilling on the Tirzzit copper project, and it is expected the drilling programme will commence within the first week of September and last approximately six weeks. The drilling programme is primarily to establish mineralisation data points along the entire basal series strike as identified and described in the Company's press releases from 29 May, 23 July, and 7 August 2026. Additionally, a portion of the drill programme will be dedicated to aggressive step outs along the projected strike horizon. Laboratory assay results are anticipated to be announced towards the end of the drilling campaign and continue on for several weeks thereafter as results become available to the Company after the delivery of drilling samples. The Tirzzit Project is a sediment-hosted stratiform Cu-Ag system, located 225km east of the city of Agadir, Morocco. The acquisition transaction of the Project was announced February 16, 2026 from a wholly owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF), the Company's 4.7% shareholder. The Tirzzit Project consists of two mining licenses covering a surface area of 16.5km2. Historic drilling results, as reported by Moroccan Government agency Bureau of Research and Mining Participations (BRPM) between 1972 and 1976 (BRPM Reports), include drill intersections of 3.16% Cu over 2.5m and 0.60% Cu over 11.4m. Presently the Company is reviewing the extensive BRPM Reports and past collected geophysical data for exploration planning slated to commence in Third Quarter 2026. Talisman continues to process with Aya the formal transfer of the Tirzzit licences on the back of the sale agreement announced February 16, 2026. Announcement • Aug 08
Talisman Metals plc Reports Significant Channel Sample Results from Tirzzit Project Talisman Metals PLC announced assay results from recent channel sampling and surface exploration activities completed at the Tirzzit Project in July 2026 following the identification of a new zone of outcropping copper mineralisation. Channel TZ-CH008: 1.47m@1.05% Cu and 22.96ppm Ag. Channel TZ-CH009: 1.69m@2.62% Cu and 41.54ppm Ag. Channel TZ-CH010: 0.90m@1.36% Cu and 29.00ppm Ag. Channel TZ-CH012: 1.97m@0.60% Cu and 44.47ppm Ag. Channel TZ-CH013: 1.80m@2.26% Cu and 11.95ppm Ag. Channel TZ-CH014: 2.78m@2.16% Cu and 41.76ppm Ag including 0.75m @0.24% Cu and 0 ppm Ag of internal dilution. Results confirm that mineralised horizon in the 'basal series' identified during historical mapping shows: Added 70m of lateral continuity, with values above cut-off grade in 6 of 7 channels over a strike length of 300m; Copper (Cu) grades ranging from 0.60% to 2.62% and silver (Ag) grades ranging from 12 to 44 ppm; True thicknesses, measured using a Jacob Staff, with intercepts above cut-off grade (Cu Cut-Off Grade =0.3%) ranging from 0.90 m to 2.78 m; Copper oxides such as malachite Cu2CO3 (OH)2 and argentian chalcocite (Ag substituting for Cu in Cu2S). Horizons exhibiting malachite mineralisation at surface within the Basal Series were channel sampled along strike over approximately 70m of the interpreted 300m Northwest trend, with approximately one channel sample collected every 5m to 30m. Intercepts presented in Table 1 were defined using a cut-off grade of Cu > 0.30% and average grade for the full interval length was calculated, note that all the intervals are reported as true width. Multi-element assay results (30 elements analysed) indicate that Cu-Ag mineralisation is associated with anomalous barium (Ba), lead (Pb), zinc (Zn), cobalt (Co), and manganese (Mn). This association is characteristic of sediment-hosted stratiform Cu-Ag systems. The sampling was done using channel sampling, with sub-vertical groves against outcrops dipping 20 to 30 Degrees to the North-North-West, cut with a circular saw on 63.5mm wide grove (HQ Core Diameter). True thickness of the sampling intervals where measure with a Jacob Staff. A total of three QA/QC samples were inserted into the original samples, comprising approximately 5% blanks, 5% field duplicates, and 5% certified reference materials ('CRMs'). Samples were submitted to the Labomine laboratory (Certified under ISO/IEC 17025 in 2025) for sample preparation (crushing at 2mm 85% pass and pulverised at 75 microns) and multi-element analysis using a four-acid digestion (HCl-HClO4-HNO3-HF) with ICP-AES finish. The analytical method has a lower detection limit ('LOD') of 11 ppm for copper (Cu) and 6 ppm for silver (Ag). Blank samples showed no evidence of contamination above three times the detection limit for Cu or Ag. Certified reference materials returned copper values approximately 6.37% above certified values, Field duplicates where insufficient in numbers to confirm repeatability and the Company is reviewing the potential analytical bias; however, the Company does not currently consider this issue to materially impact the interpretation of the results. For the reporting of each intercept stated comprised of more than one sample and samples are of differing lengths. In this case the average grade for the full interval length was calculated by length-weighted averaging, a standard method for determining average grades. The Tirzzit Project is a sediment-hosted stratiform Cu-Ag system, located 225km east of the city of Agadir, Morocco. The acquisition transaction of the Project was announced February 16, 2026 from a wholly owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF) ('Aya'), the Company's 4.7% shareholder. The Project consists of two mining licenses covering a surface area of 16.5km2. Historic drilling results, as reported by Moroccan Government agency Bureau of Research and Mining Participations (BRPM) between 1972 and 1976 ('BRPM Reports'), include drill intersections of 3.16% Cu over 2.5m and 0.60% Cu over 11.4m. Presently the Company is reviewing the extensive BRPM Reports and past collected geophysical data for exploration planning slated to commence in Third Quarter 2026. Talisman continues to process with Aya the formal transfer of the Tirzzit licences on the back of the sale agreement announced February 16, 2026. The technical disclosure in this news release has been approved by Fabien Linares, MSc, MAusIMM, a Qualified Person as defined in JORC 2012. The scientific and technical information summarized in this disclosure and related to historic exploration was reviewed by Mr. Linares and he has visited the Project area. Mr. Linares is Head Geologist of Talisman Metals PLC and has sufficient experience that is relevant to the commodity, style of mineralisation or type of deposit under consideration and activity which he is undertaking to qualify as a Competent Person under the JORC code (2012 Edition). The information in this announcement that relates to historical reported exploration results is based on, and fairly represents, information and supporting documentation prepared by previous operators and/or extracted from historical reports. The historical exploration results referred to in this announcement were reported prior to the introduction of the JORC Code (2012) and have not been reported in accordance with the JORC Code (2012). A Competent Person has not done sufficient work to disclose the historical exploration results in accordance with the JORC Code (2012). It is possible that following further evaluation and/or exploration work, the accuracy and reliability of the historical exploration results may not be confirmed. The Company has not independently verified the historical exploration results, and no assurance can be given that future exploration work will result in the confirmation or upgrade of the historical results to JORC Code (2012) compliant Mineral Resources or Ore Reserves. The Company considers the historical exploration results to be relevant as they provide an indication of the potential of the project. However, the information should not be relied upon as a representation of the current mineral resource or exploration potential. 
