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Talisker Resources Ltd. (TSKFF) delivers focused mineral exploration through advanced geoscience and systematic project development. This news hub provides investors and industry observers with direct access to official corporate communications and operational updates.
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Talisker Resources (TSX: TSK, OTCQX: TSKFF) has commenced lateral development on the Alhambra Vein at the 1105 level of their Bralorne Gold Project. The company has completed 107.1 metres of 3X3 metre development at the Mustang Mine, including 2.2 metres in the mineralized Alhambra Vein.
Development is currently active on four levels with specific progress:
- 1060 level: 11.4 metres completed
- 1075 level: 34 metres completed
- 1105 level: 26.4 metres completed
- 1120 level: 9.3 metres completed
A fifth level of access (1090 level) will begin development shortly. The company anticipates extracting material from its first stope by late May or early June 2025.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced progress in mining operations at its Bralorne Gold Project in British Columbia. The company initiated development work at the Mustang Mine on March 19th, beginning with the blasting of a diamond drill bay on the 1120 ramp and starting vein access development on the 1075 level.
The company has completed 31.6m of 3x3 metre development for vein zone access and auxiliary development. Parallel development will soon commence on the 1105 level, providing multiple extraction headings on the Alhambra vein. Talisker anticipates reaching mineralized vein material by the third week in April.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced positive results from preliminary ore sorting testing at its Bralorne Gold Project in British Columbia. The laser sorting technology demonstrated significant efficiency improvements, increasing gold concentration from 14.4 g/t to 27.8 g/t.
The testing, conducted at Tomra's facility in Wedel, Germany, showed:
- Gold recovery rates between 95% and 99%
- Rejection of 35-55% of total rock mass
- Strong association between gold and quartz
The study examined five zones within four distinct domains: King, Pioneer, Bralorne (East and West), and Charlotte. Approximately 80 HQ and NQ ½ core samples were collected from each domain, representing various gold grade ranges. The samples underwent both X-Ray Transmission (XRT) and laser sorting technologies testing, with particularly positive responses to laser sorting.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced significant progress in pre-development activities at its 100% owned Bralorne Gold Project in British Columbia. The company has successfully completed key milestones including:
- Full mobilization of operational staff and mining equipment
- Completion of ground control management and ventilation plans for the Mustang Mine
- Finished mine rescue training for underground teams
- Addition of workshop and storage units
- Near completion of compressed air, water, and power services
Minor ground support rehabilitation and ventilation infrastructure installation are expected to be completed by February end. Development is scheduled to begin in March with an advance rate of 6 metres per day on the Mustang 1060 Level. CEO Terry Harbort noted that with record-high gold prices, these developments mark the beginning of a transformational year for Talisker.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has completed the acquisition of the Golden Hornet Project and negotiated the purchase of a 2% Net Smelter Royalty from Rich River Exploration for $100,000. The royalty purchase involves Talisker acquiring 1% for $38,000 cash and $12,000 in shares (36,363 shares at $0.33/share), while Osisko Gold Royalties acquired the remaining 1%.
The 2022 drill program at Golden Hornet demonstrated significant potential with high-grade gold discoveries, including notable intersections of 8.88 g/t Au over 5.1 metres within a broader zone of 2.59 g/t Au over 21.5 metres. The program completed 4,853 metres of drilling across 14 holes, with all holes in both the central Hornet Zone and Iron Canyon Zone intersecting semi-massive sulphide mineralization.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced significant progress in its operational activities at the Bralorne Gold Project in British Columbia. The company has completed its 2025 Mustang Mine Plan and conducted geotechnical mapping of the Mustang decline and historic 980 level. The Ground Control Management Plan submission is expected by January end.
Mining contractor mobilization is underway and scheduled for completion in late January. February will focus on pre-construction activities at the portal, including workshop upgrades, service re-establishment, and safety infrastructure installation. Development is set to begin in March at 6 meters per day, increasing to 12 meters per day by August. The first long hole stope drilling and blasting is planned for May, with development work targeting the Alhambra, BK, and BK9870 veins.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has closed a non-brokered private placement of gold-linked notes raising $1,332,000. The proceeds will be used to advance the Company's Bralorne Gold Project in British Columbia and for general corporate purposes. The notes, representing a senior unsecured obligation, bear a 15% annual interest rate and will mature on December 31, 2027.
The principal amount will be used to calculate the Gold Quantity based on a Floor Price of US$2,500 per ounce. The Gold Quantity will be reduced by 15%, 25%, and 60% on December 31 of 2025, 2026, and 2027 respectively. Interest is payable quarterly, calculated on the Deemed Value of the Gold Quantity. The Company paid $65,350 in finder's fees, and an insider participated in the financing.
Talisker Resources announced the results of its Annual General Meeting held on June 27, 2024, with 42% of issued common shares represented. Key approvals included the election of all six management nominees to the board and the appointment of PricewaterhouseCoopers LLP as auditors for the ensuing year. Detailed voting results showed overwhelming support for directors, with all nominees receiving over 98% of votes in favor. Talisker continues its focus on the Bralorne Gold Project, transitioning to underground production at the Mustang Mine, and advancing the Ladner and Spences Bridge Gold Projects.
Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced a significant update regarding its financing agreement with Sprott Resource Streaming and Royalty Corp. for the Bralorne Gold Project. Sprott has approved the second draw of US$11,750,000, contingent upon the finalization of amended documentation and the satisfaction of closing conditions. The update follows the initial agreement announced on June 12, 2023. The negotiations include an amendment on the timing of the production target of 38,000 ounces of gold. Talisker's CEO, Terry Harbort, expressed confidence in finalizing the deliverables for the second draw and anticipates closing in June.
Talisker Resources announced the signing of an Ore Hauling Agreement for the Bralorne Gold Project in British Columbia. The agreement with Stromsten Enterprises and Bridge River Management involves transporting gold ore from the Mustang Mine to milling facilities for processing. The first shipment of approximately 6,300 tonnes is scheduled for May 15th.