Talisman Mining Limited announced that it has received from AMC Consultants Private Limited the Scoping Study for its 100% owned Wonmunna Iron Ore Project in the Pilbara region of Western Australia.

The Wonmunna Iron Ore Project is located 70 kilometers northwest of Newman, near existing rail and road infrastructure and proximal to a number of major iron ore mines including Hope Downs, West Angelas and Mining Area C.

The Scoping Study considered a substantial number of potential development scenarios for Wonmunna and concluded that the Project is potentially economic based on production of between 2 million tonne per annum and 5 million tonne per annum with ore sold to one of the existing nearby mining operations.

Whilst further material evaluations of the Project and a feasibility study are required Talisman is encouraged by the results of the Scoping Study, which has confirmed and highlighted the potential strategic value of the Wonmunna Project.