Corporate Profile

Talga Gold Limited is an Australian gold explorer listed on the Australian Stock Exchange. Total ordinary shares on issue are 40.35 million. Talga Gold’s corporate and exploration strategy is to identify, acquire and develop projects which host high-grade gold ore bodies with the potential to become low cost, high margin producers and to maximise shareholder value.

The sustained near record price and demand for gold throughout 2010 underpins ongoing market support for Australian gold explorers and producers. Within this positive environment, Talga Gold boasts a talented Board of Directors and a portfolio of highly prospective, West Australian-based gold exploration projects.

While others look offshore, Talga’s Directors believe significant opportunities remain within Western Australia, commencing with the Company’s maiden portfolio of four wholly owned gold exploration projects – Talga Talga, Warrawoona, Mosquito Creek and Bullfinch. These projects were selected by Managing Director, Mr Mark Thompson, for their high grade historical production or sampling results combined with robust geological concepts.

Gold was discovered in 1894 at the flagship Talga Talga project. Historic workings near the surface have produced quantities of high grade gold specimens. However, little to no drilling has ever occurred at this site. The project is scheduled for testing at depth in the fourth quarter of 2010 by conducting a drill program along the highest grade portions of the identified gold zones.

At Warrawoona, the Company has outlined high grade gold and base metal prospects that are planned to be drill tested for the first time. Likewise, the remaining projects at Mosquito Creek and Bullfinch have established drill targets within known areas of gold mineralisation.

Mr Thompson has extensive exploration experience and is intimately familiar with the geology and historical activity of each of these projects. He has identified significant targets within each of these tenements.

Talga Gold’s strategy is to delineate gold deposits within the projects by focusing on structurally controlled, high-grade mineralisation that has the potential to yield significant economic resources with low capital expenditure requirements. With the Company headquartered in Perth and all four projects within Western Australia, the strategy is to pursue exploration success over a shortened time frame.

Our other non-executive Director and Company Secretary is Mr Piers Lewis. Mr Lewis has a finance and capital markets background and will manage the financial and corporate governance aspects of the business.