New Talisman Gold Mines Limited - Appoints Charbel Nader As Chairman

Auckland - New Talisman Gold Mines Ltd. (ASX:NTL) (NZE:NTL) is pleased to announce the appointment of Charbel Nader as Chairman of the company.

After over 5 years Murray Mckee has stepped down as Chairman of the company given increasing overseas family and business commitments. Murray has been a board member for over 20 years and as Chairman has guided the board through a difficult time for mining companies in general to where the company stands today in a strong position both financially and commercially to commence operations at Talisman. Murray has advised he will stay on the board as independent director.

The Board has appointed Charbel Nader as Chairman of the board. Charbel brings a wealth of commercial experience to the company in its next stage of development. Charbel's history in assisting smaller companies navigate large scale and complex commercial situations to deliver favourable outcomes to shareholders will be invaluable to NTL as it enters an exciting new period in its development.

Charbel Nader stated "In taking over from Murray I am very conscious of the exemplary leadership that he has provided through a very difficult time for the industry and the company. I am pleased that his skill and wisdom will continue to be available to me and the company. I look forward to working with the first rate management team and the board now assembled at NTL to advance the Talisman project and NTL's other assets in a sustainable manner that is respectful of their environment and that delivers broader benefits to the community. We as a board are conscious of the trust placed in NTL by our shareholders and are committed to making the most of the company's enviable asset base. Whilst there remains some challenges there has never been more reason to be optimistic about NTL's future."

Appointment of Company Secretary

The Board also welcomes Jane Bell as Company Secretary replacing Matthew Hill as interim company secretary.


About New Talisman Gold Mines Limited:

New Talisman Gold Mines Ltd. (NZE:NTL) (ASX:NTL) is dual listed with over 1900 shareholders who are mainly from Australia and New Zealand. It is a leading New Zealand minerals development and exploration company with a mining permit encompassing the Talisman mine, one of New Zealand's historically most productive gold mines. Its gold properties near Paeroa in the Hauraki District of New Zealand are a granted mining permit, including a JORC compliant mineral resource a JORC compliant reserve statement within the original Talisman underground mine, and a binding Agreement for Newcrest to spend up to $5M on an adjacent exploration permit along strike from the mine, Rahu. The company is now advancing its plans to develop the mine, and advance the exploration project.

More about New Talisman Gold at www.newtalisman.co.nz



Contact:

Mr. Matthew Hill Chief Executive Officer
New Talisman Gold Mines Ltd.
M: +64-21-795-559
E: apcap@icloud.com

New Talisman Gold Mines Ltd.
T: +64-9303-1893
F: +64-9303-1612
E: info@newtalisman.co.nz
www.newtalisman.co.nz