Context for revised Ore Reserve and Pre-Feasibility study

27 June 2018 Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street Wellington Context for revised Ore Reserve and Pre-Feasibility study announcement Earlier today New Talisman released an updated announcement on its Ore Reserve Statement and Pre-Feasibility Study Results. Following consultation with ASX late yesterday, the updated announcement removed a statement about an independent valuation sought for audit purposes, and contained some immaterial additional detail. New Talisman intends to disclose further information about independent valuation sought for audit purposes in its audited financial statements report due to be released within its annual report by the end of 30 June 2018. Yours sincerely Jane Bell Company Secretary New Talisman Gold Mining Ltd jane@newtalisman.co.nz Ph: +64 21764224 End CA:00320008 For:NTL Type:ADMIN Time:2018-06-27 14:12:16