Updated Quarterly Activities Report to 30 June 2020

Quarterly report to 30 June 2020 updated to include a competent persons statement at the end of the report, a table of Crown Vein Resource Estimate and references to previous releases Updates are as follows: Bottom of page 2 These targets were first reported on in a release to the ASX/NZX on 8 June, 2016, https://www.asx.com.au/asxpdf/20160608/pdf/437rrdbmhdt90d.pdf Top of page 3 Mystery/Roderick Dhu (See release to ASX/NZX dated 24 June, 2020 2019 Mineral Resource Estimate Update, https://www.asx.com.au/asxpdf/20200624/pdf/44jxg7jlm05d5q.pdf. New Talisman confirms that it is not aware of any new information or data that materially affects the information in the referenced market announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Middle of page 4 Currently there is a measured, indicated and inferred resource here of 29,500 oz gold estimated to JORC 2004 requirements as shown in the following table; Crown Vein 2006 Resource Estimate Category Tonnes Gold Grade g/t Gold Ounces Silver Grade g/t Silver Ounces Inferred 80,100 6.3 16,200 12.7 32,700 Indicated 35,900 6.3 7,300 12.7 14,700 Measured 30,100 6.2 6,000 12.4 12,000 Total 146,100 6.3 29,500 12.6 59,400 Note: There may be small variations due to rounding. Resource estimated in 2006 in compliance with JORC 2004. There have been no material changes to the data with which this estimate was made since first reporting. Bottom of page 7 Competent Person Statement The information in this report that relates to exploration results, exploration targets and mineral resources is based on information compiled by or supervised by Mr Murray Stevens. Mr Stevens is a consulting geologist and director of New Talisman Gold Mines Ltd, who is a corporate member of the AusIMM. Mr Stevens has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2004 and 2012 Editions of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Stevens consents to the inclusion in this report of the matters based on his information in the form and context in which they appear. End CA:00358726 For:NTL Type:GENERAL Time:2020-08-26 13:20:10