New Talisman Gold Mines Ltd. engages in the mineral development and exploration. Its current focus is on the development of the Talisman Mine located between the towns of Paeroa and Waihi. The Talisman mine is the second largest historic gold producer in New Zealand with production of 1 million oz of gold and 3 million oz of silver. The company was founded on August 23, 1985 and is headquartered in Parnell, New Zealand.