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Talisker Finalizes Gold Concentrate Sales and Key Logistics Agreements with Ocean Partners

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Talisker Resources (OTCQX:TSKFF) has achieved a significant milestone by finalizing three key agreements with Ocean Partners USA for its Bralorne Gold Project in British Columbia. The company's subsidiary, Bralorne Gold Mines, has secured two purchase agreements for 100% of its gravity gold and sulphide concentrates from the Mustang Mine, along with an exclusive logistics agreement.

The agreements include competitive pricing terms linked to LBMA reference prices, advance payment provisions, and quality standards. Ocean Partners will serve as the exclusive logistics agent, managing transportation from the mill site to international buyers. This development marks a crucial step in Talisker's transition to production, with the flexible pricing and payment structure designed to optimize working capital and strengthen the company's balance sheet.

Talisker Resources (OTCQX:TSKFF) ha raggiunto un traguardo importante finalizzando tre accordi chiave con Ocean Partners USA per il suo progetto aurifero Bralorne in British Columbia. La controllata dell'azienda, Bralorne Gold Mines, ha ottenuto due contratti di acquisto per il 100% dei suoi concentrati di oro per gravità e solfuri dalla miniera Mustang, oltre a un accordo logistico esclusivo.

Gli accordi prevedono condizioni di prezzo competitive legate ai prezzi di riferimento LBMA, disposizioni di pagamento anticipato e standard qualitativi. Ocean Partners agirà come agente logistico esclusivo, gestendo il trasporto dal sito del mulino ai compratori internazionali. Questo sviluppo rappresenta un passo cruciale nella transizione di Talisker verso la produzione, con una struttura di prezzo e pagamento flessibile progettata per ottimizzare il capitale circolante e rafforzare il bilancio aziendale.

Talisker Resources (OTCQX:TSKFF) ha alcanzado un hito significativo al finalizar tres acuerdos clave con Ocean Partners USA para su Proyecto de Oro Bralorne en Columbia Británica. La subsidiaria de la compañía, Bralorne Gold Mines, ha asegurado dos acuerdos de compra por el 100% de sus concentrados de oro por gravedad y sulfuros de la mina Mustang, junto con un acuerdo logístico exclusivo.

Los acuerdos incluyen términos de precios competitivos vinculados a los precios de referencia LBMA, disposiciones de pago anticipado y estándares de calidad. Ocean Partners actuará como agente logístico exclusivo, gestionando el transporte desde el sitio del molino hasta los compradores internacionales. Este desarrollo marca un paso crucial en la transición de Talisker hacia la producción, con una estructura flexible de precios y pagos diseñada para optimizar el capital de trabajo y fortalecer el balance de la empresa.

Talisker Resources (OTCQX:TSKFF)는 브리티시컬럼비아에 위치한 Bralorne 금 프로젝트를 위해 Ocean Partners USA와 세 가지 주요 계약을 체결하며 중요한 이정표를 달성했습니다. 회사의 자회사인 Bralorne Gold Mines는 Mustang 광산에서 발생하는 중력 금 및 황화물 농축물 100%에 대한 두 건의 구매 계약과 독점 물류 계약을 확보했습니다.

이 계약들은 LBMA 기준 가격과 연동된 경쟁력 있는 가격 조건, 선불 조항 및 품질 기준을 포함합니다. Ocean Partners는 독점 물류 대리인으로서 제분소 현장에서 국제 구매자까지의 운송을 관리할 예정입니다. 이번 발전은 Talisker가 생산 단계로 전환하는 데 중요한 단계로, 유연한 가격 및 결제 구조는 운전자본을 최적화하고 회사 재무 상태를 강화하도록 설계되었습니다.

Talisker Resources (OTCQX:TSKFF) a franchi une étape importante en finalisant trois accords clés avec Ocean Partners USA pour son projet aurifère Bralorne en Colombie-Britannique. La filiale de la société, Bralorne Gold Mines, a obtenu deux contrats d'achat pour 100 % de ses concentrés d'or par gravité et de sulfures provenant de la mine Mustang, ainsi qu'un accord logistique exclusif.

Les accords comprennent des conditions tarifaires compétitives liées aux prix de référence LBMA, des dispositions de paiement anticipé et des normes de qualité. Ocean Partners agira en tant qu'agent logistique exclusif, gérant le transport du site de l'usine aux acheteurs internationaux. Cette avancée marque une étape cruciale dans la transition de Talisker vers la production, avec une structure de tarification et de paiement flexible conçue pour optimiser le fonds de roulement et renforcer le bilan de l'entreprise.

Talisker Resources (OTCQX:TSKFF) hat einen bedeutenden Meilenstein erreicht, indem es drei Schlüsselvereinbarungen mit Ocean Partners USA für sein Bralorne Goldprojekt in British Columbia abgeschlossen hat. Die Tochtergesellschaft des Unternehmens, Bralorne Gold Mines, hat zwei Kaufverträge für 100 % seiner Schwerkraftgold- und Sulfidkonzentrate aus der Mustang-Mine sowie eine exklusive Logistikvereinbarung gesichert.

Die Vereinbarungen umfassen wettbewerbsfähige Preisbedingungen, die an die LBMA-Referenzpreise gekoppelt sind, Vorauszahlungsbestimmungen und Qualitätsstandards. Ocean Partners wird als exklusiver Logistikagent fungieren und den Transport vom Werkstandort zu internationalen Käufern übernehmen. Diese Entwicklung stellt einen entscheidenden Schritt in Taliskers Übergang zur Produktion dar, wobei die flexible Preis- und Zahlungsstruktur darauf ausgelegt ist, das Betriebskapital zu optimieren und die Bilanz des Unternehmens zu stärken.

Positive
  • Secured sale of 100% of gravity gold and sulphide concentrates production
  • Established end-to-end logistics solution with reputable international metals trader
  • Flexible pricing terms linked to LBMA reference prices
  • Structured advance and provisional payment terms to optimize working capital
Negative
  • Exclusive logistics agreement may limit future flexibility in transportation arrangements

TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) announces that its wholly owned subsidiary, Bralorne Gold Mines Ltd. (“Bralorne”), has entered into three definitive agreements with Ocean Partners USA, Inc. (“Ocean Partners”), an internationally respected metals trader, for the purchase of gravity gold and sulphide concentrate from the Mustang Mine, marking a further milestone in the Company’s transition to production at its Bralorne Gold Project in British Columbia.

The three agreements include two separate purchase agreements, one for gravity gold concentrate and one for sulphide concentrate, and a logistics agreement appointing Ocean Partners as Bralorne’s exclusive logistics agent to manage the end-to-end transportation of both gravity and sulphide concentrates from the mill site to international buyers. Under the gravity gold and sulphide concentrate purchase agreements, Ocean Partners has agreed to purchase 100% of the gravity gold and sulphide concentrates produced pursuant to Bralorne’s existing milling agreement. The purchase agreements include commercially competitive terms, flexible pricing tied to LBMA reference prices, structured advance and provisional payment provisions, as well as provisions ensuring quality and handling standards.

Terry Harbort, CEO of Talisker stated, “These agreements represent a critical commercial milestone for Talisker, establishing a clear, efficient path to market for gold and sulphide concentrate sales. The flexible pricing and payments will allow Talisker to optimize working capital increasing balance sheet strength.”

For further information, please contact:

Terry Harbort
President and CEO
terry.harbort@taliskerresources.com
+1 416 357 0227

About Talisker Resources Ltd.

Talisker (taliskerresources.com) is a junior resource company involved in the exploration and development of gold projects in British Columbia, Canada. Talisker’s flagship asset is the high-grade, fully permitted Bralorne Gold Project where the Company is currently transitioning into underground production at the Mustang Mine. Talisker projects also include the Ladner Gold Project, an advanced stage project with significant exploration potential from an historical high-grade producing gold mine and the Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects.

About Ocean Partners USA, Inc.

Ocean Partners USA, Inc. is a leading international trader of base and precious metal concentrates. With offices across North America, Europe, and Asia, Ocean Partners provides logistics, marketing, and financing services to metal producers worldwide.

Caution Regarding Forward Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Talisker’s current belief or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the sale of gravity gold and sulphide concentrates and the Company’s operational activities at the Bralorne Gold Project. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Talisker. Although such statements are based on reasonable assumptions of Talisker’s management, there can be no assurance that any conclusions or forecasts will prove to be accurate. In particular, the Company advises that it does not have defined mineral reserves and it has not based its production decision on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration, development and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals. Furthermore, historically, projects that are in production without defined mineral reserves have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

The forward-looking information contained in this release is made as of the date hereof, and Talisker is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.


FAQ

What agreements did Talisker Resources (TSKFF) sign with Ocean Partners in July 2025?

Talisker signed three definitive agreements: two purchase agreements for gravity gold and sulphide concentrates, and an exclusive logistics agreement for transportation from the Mustang Mine.

How much of Talisker's concentrate production will Ocean Partners purchase?

Ocean Partners has agreed to purchase 100% of both gravity gold and sulphide concentrates produced at the Bralorne Gold Project.

What are the key financial terms of Talisker's concentrate sale agreements?

The agreements include commercially competitive terms, flexible pricing tied to LBMA reference prices, and structured advance and provisional payment provisions.

How will these agreements impact Talisker's operations at the Bralorne Gold Project?

The agreements provide Talisker with a clear path to market for its concentrates, optimize working capital through flexible pricing and payments, and establish comprehensive logistics solutions for product transportation.

Who will manage the transportation of Talisker's concentrates?

Ocean Partners will serve as Bralorne's exclusive logistics agent, managing end-to-end transportation of both gravity and sulphide concentrates from the mill site to international buyers.
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