Talamore Mining (TALMF) has increased its planned project finance debt facility to $450 million and outlined an early warrant exercise program. The secured notes carry 8.65% annual interest, payable quarterly, and mature in seven years. Funding comprises $20 million and $80 million tranches, followed by up to $350 million conditional on final Coffee Project construction and development permits.
The company plans to issue 47.25 million warrants to note purchasers. Early exercise of all 35.2 million existing $2.50 warrants would generate approximately $88 million and up to 17.6 million incentive warrants. Both new warrant groups have a $15.50 exercise price and seven-year term. Shareholder approvals are required at the October 2, 2026 meeting. Talamore expects the financing package, including the equity offering completed July 21, 2026, to raise as much as $688 million with full debt drawdown and incentive participation.
Talamore Mining (TALMF) reported high-grade infill drill assays from the Supremo Extension zone at its Coffee Gold Project in Yukon.
The update covers 30 reverse circulation holes totaling 4,356 m from a planned 25,000 m infill program within a broader 40,000 m drilling campaign. Highlight intercepts include 12.24 g/t Au over 6.4 m (hole 26-SPX-RC105) and 6.26 g/t Au over 10.2 m (26-SPX-RC199), which are materially higher than the current Supremo Extension Indicated and Inferred resource grades of 1.18 g/t and 1.72 g/t, respectively. Supremo Extension currently hosts 2,437 kt Indicated (92 koz Au) and 6,059 kt Inferred (335 koz Au), with mineralization locally extending beyond the existing pit shell. The company aims to upgrade Inferred to Indicated resources and potentially expand the open pit for inclusion in an ongoing Feasibility Study.
Talamore Mining (OTCQB:TALMF, TSX:TALA) has received a Primary Permit under the Yukon Resource Road Regulations, the final major approval needed to complete the 214 km Northern Access Route connecting the Coffee Gold Project to Dawson City and the Yukon highway network. The permit allows construction of approximately 29 km of new road to link existing segments, complementing ongoing upgrades and realignment of about 5 km under earlier right-of-way permits. Early works include a new longer airstrip expected to be operational before year-end, barge deliveries of equipment and camp components, and a new construction camp designed for about 300 workers. According to Talamore, the Coffee project is backed by a recently announced $638 million project financing package, while Feasibility Study results are expected in Q1 2027, alongside efforts to secure the remaining Quartz Mining Licence and Type A Water Licence ahead of a targeted Final Investment Decision in Q1 2027.
Talamore Mining (OTCQB:TALMF, TSX: TALA) will graduate from the TSX Venture Exchange to the Toronto Stock Exchange effective at market open on August 11, 2026, keeping the ticker “TALA” on the TSX. TSXV trading will end and the shares be voluntarily delisted after market close on August 10, 2026. The company says shareholders do not need to exchange certificates or take any action. Talamore remains a reporting issuer in Canada, and its shares will continue trading on the OTCQB under the symbol “TALMF” while it advances its flagship Coffee Gold Project in Yukon.
Talamore Mining (OTCQB:TALMF) reported assay results from 55 reverse circulation holes totaling 7,447 m at the Supremo Extension zone of its wholly owned Coffee Gold project in Yukon. The work is part of an ongoing 40,000 m 2026 infill and exploration program, including 25,000 m of planned infill at Supremo Extension.
Supremo Extension currently hosts an Indicated Resource of 2,437 kt at 1.18 g/t Au (92,000 oz) and an Inferred Resource of 6,059 kt at 1.72 g/t Au (335,000 oz). Reported highlights include 5.37 g/t Au over 8.4 m, 6.60 g/t Au over 6.6 m, 5.77 g/t Au over 6.1 m, 4.14 g/t Au over 8.8 m, and 1.50 g/t Au over 42.4 m (all ETW). According to Talamore Mining, these infill grades are materially higher than existing resource grades and are intended to support upgrading Inferred ounces to Indicated for inclusion in the ongoing Feasibility Study.
Talamore Mining (OTCQB:TALMF) reported an updated 2026 mineral resource estimate for the Cristina polymetallic project in Chihuahua, Mexico.
Indicated resources total 17.5 Mt at 1.41 g/t AuEq for 795 koz AuEq, and inferred resources 33.0 Mt at 1.17 g/t AuEq for 1,243 koz AuEq. Versus 2023, contained AuEq ounces rose 6% (indicated) and 62% (inferred. Talamore also evaluated underground-only and underground-prioritized development sensitivity cases.
Talamore Mining (OTCQB:TALMF) reported initial 2026 drill results from the Supremo Extension at its Coffee Gold project in Yukon. Fifteen reverse circulation holes (1,961 m) from a planned 25,000 m infill program returned multiple near-surface high-grade gold intercepts, extending mineralization beyond current pit limits.
Key intervals include 1.94 g/t Au over 16.3 m, 4.77 g/t over 3.8 m and 9.28 g/t over 3.0 m. Supremo Extension currently hosts Indicated resources of 2,437 kt at 1.18 g/t (92 koz) and Inferred resources of 6,059 kt at 1.72 g/t (335 koz), targeted for upgrade into an ongoing Feasibility Study.