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Talisker Resources Ltd. reports news on gold exploration, development and production activities in British Columbia, Canada. Company updates center on the high-grade, fully permitted Bralorne Gold Project and production at the Mustang Mine, including diamond drilling, resource-conversion programs, underground development, face sampling and assay results from vein systems such as Alhambra, BK and BK-9870.
Recurring developments also include ore purchase and milling arrangements, mine logistics, operating continuity at Bralorne, and exploration activity across areas such as Bralorne West, Olympus, Congress, Pioneer Deeps, Ladner and the Spences Bridge Gold Belt.
Talisker (OTCQB: TSKFF) engaged SGS Canada to prepare an NI 43-101 compliant Mineral Resource Estimate (MRE) update and a Preliminary Economic Assessment (PEA) for the Bralorne Gold Project.
The MRE will incorporate an additional 138 drill holes (31,093 m) and account for depletion from Mustang Mine mining in 2025. Talisker said operations are in the commissioning/ramp-up phase and that third-party studies on mining, infrastructure, processing, capital and operating costs will feed into the PEA. The Technical Report with MRE and PEA is expected in Q2 2026.
Talisker Resources (OTCQB: TSKFF) announced that the British Columbia Ministry of Transportation and Transit re-opened Highway 40, allowing Talisker to reinstate full crews and resume normal operations at the Bralorne Gold Mine on Dec 18, 2025.
The Ministry's geotechnical evaluation found road conditions better than previously thought, and local weather improved overnight with rainfall stopping and colder temperatures stabilizing conditions. Management said additional trucking will be dispatched to recover lost time and that no further stoppages are foreseen with colder, snowier weather expected.
Talisker Resources (OTCQX: TSKFF) announced on Dec 18, 2025 that it reduced staffing at the Bralorne mine under its Emergency Response Plan after an extreme rainfall (atmospheric river) restricted site access.
All non‑critical staff and contractors were withdrawn after Highway 40 was temporarily opened; 16 critical personnel remain on site. The British Columbia Ministry of Transportation and Transit will perform a geotechnical stability evaluation today and advise on when the road can be partially or fully reopened. The company said it will provide further updates as new information becomes available.
Talisker Resources (OTCQX: TSKFF) announced on December 17, 2025 that extreme weather (an "atmospheric river") in southern British Columbia has forced the company to reduce staff at its Bralorne Gold Project to essential personnel only.
Extensive flooding and landslides have damaged the main access route (Highway 40) and rendered alternative routes impassable; the company says it will maintain critical systems, monitor road conditions with the Ministry of Transportation and Transit, and provide updates as conditions change.
Talisker Resources (OTCQX: TSKFF) clarified its earlier announcement that it accelerated an Ore Purchase Agreement with Ocean Partners and will begin shipping gold-bearing material in January 2026. The Agreements include a US$25 million revolving credit facility and support increasing milling capacity to up to 1,500 tpd to enable a production ramp.
The Company must amend the Bralorne production permit from an annualized 175 tpd to 500 tpd and implement an ore-sorter to exceed 500 tpd. Talisker has started the amendment process and received verbal timeline indications from the British Columbia Ministry of Mining and Critical Minerals that approval is expected by Q3 2026.
Talisker Resources (OTCQX: TSKFF) confirmed it will begin shipping gold-bearing material to Ocean Partners in January 2026 under previously announced binding terms for an Ore Purchase Agreement for up to 1,500 tonnes per day (tpd) and a US$25 million revolving credit facility. Talisker and Ocean Partners are finalizing the definitive agreements and expect to enter into them before the end of January 2026, subject to customary conditions precedent. Talisker also provided a 60-day termination notice to Nicola Mining for its milling agreement as part of the transition to Ocean Partners.
Talisker (OTCQX: TSKFF) signed binding terms with Ocean Partners for an Ore Purchase Agreement up to 1,500 tonnes per day (tpd) and a US$25 million revolving credit facility to fund development and working capital for the Bralorne Gold Project.
The Agreements run for seven years from signing of definitive agreements and are renewable by mutual consent. Talisker expects to enter the definitive agreements before January 31, 2026, subject to customary conditions, and can commence ore shipments to Ocean Partners upon signing. Talisker will continue processing at Nicola Mining's Merritt facility under the current contract that expires May 2026. Management will host a webinar on November 4, 2025 to discuss the anticipated agreements.
Talisker Resources (OTCQB: TSKFF) reported continued gold production from the Mustang Mine in September 2025, producing 862 ounces of gold and contributing to a quarterly total of 1,569 ounces for the quarter ended September 30, 2025.
Production came from in‑vein development on the 1090, 1105 and 1120 levels and stoping between the 1060 and 1075 levels. Planned Q4 2025 mining will target stopes between the 1075–1090 and 1090–1020 levels. Talisker accelerated Lower Mustang decline development with 115 metres completed and 95 metres remaining to reach the 1045 level. Additional equipment and crews are arriving to start the Bralorne West decline (a 560‑metre connection). Resource conversion diamond drilling is underway at Lower Mustang and Bralorne West, with results expected in the near term.
Talisker (OTCQB: TSKFF) announced it exercised its conversion rights to settle outstanding convertible debentures, reducing debt by $5.1 million. Talisker issued 8,000,000 Shares to Phoenix Gold Fund and 1,964,285 Shares to Spartan MM Fund, totaling 9,964,285 Shares, to satisfy the principal of the October 9, 2024 and November 7, 2024 debentures. The conversions were triggered because the TSX closing price exceeded the 130% conversion-price threshold for the 20 trading days before notice. The Shares will be issued as of October 8, 2025. The debentures also allow Talisker to identify a purchaser if holders wish to sell any issued Shares.
Talisker Resources (OTCQX:TSKFF) has announced its first gold sale from the Bralorne Gold Project in British Columbia, marking its transition from developer to producer. The company sold 707 ounces of gold in August, generating gross proceeds of US$2.3 million.
This milestone validates Talisker's phased ramp-up strategy and successful early-stage commissioning activities at Bralorne. The proceeds will be reinvested in underground development, resource conversion, and infrastructure upgrades. The company is implementing an offsite milling strategy through its partnership with Nicola Mining Inc., which plans to expand its Craigmont Mill capacity to accommodate increased throughput.