Talisker Provides Clarification on Ore Purchase Agreement with Ocean Partners
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) ha chiarito il suo precedente annuncio secondo cui ha accelerato un Accordo di Acquisto di Minerale con Ocean Partners e inizierà a spedire materiale contenente oro in gennaio 2026. Gli Accordi prevedono una linea di credito revolving da US$25 milioni e supportano l'aumento della capacità di frantumazione fino a 1.500 tpd per permettere una fase di incremento della produzione.
L'Azienda deve modificare il permesso di produzione di Bralorne da 175 tpd annui a 500 tpd e implementare un separatore di minerale per superare i 500 tpd. Talisker ha avviato la procedura di modifica e ha ricevuto indicazioni verbali di tempistica dal Ministry of Mining and Critical Minerals della British Columbia secondo cui l'approvazione è prevista entro Q3 2026.
Talisker Resources (OTCQX: TSKFF) aclaró su anuncio anterior de que aceleró un Acuerdo de Compra de Minerales con Ocean Partners y comenzará a enviar material que contiene oro en enero de 2026. Los Acuerdos incluyen una línea de crédito revolvente de US$25 millones y respaldan un aumento de la capacidad de molienda a hasta 1,500 tpd para facilitar una fase de incremento de la producción.
La Compañía debe enmendar el permiso de producción de Bralorne de 175 tpd anuales a 500 tpd e implementar un clasificador de mena para superar los 500 tpd. Talisker ha iniciado el proceso de enmienda y ha recibido indicaciones verbales de cronograma por parte del Ministerio de Minería y Minerales Críticos de British Columbia, que se espera que la aprobación se dé para el tercer trimestre de 2026.
Talisker Resources (OTCQX: TSKFF)는 Ocean Partners와의 광석 구입 계약을 가속화했고 2026년 1월에 금 함유 물질의 선적을 시작할 것이라는 이전 발표를 명확히 했다. 이 계약은 미화 2,500만 달러의 회전 신용 한도를 포함하고 금성능 향상을 위해 일일 처리량 최대 1,500t까지의 제련 용량 증대를 지원한다.
회사는 브랄른 생산 허가를 연간 175 tpd에서 500 tpd로 수정하고 500 tpd를 초과하기 위해 광석 분리기를 구현해야 한다. Talisker는 수정 절차를 시작했고 브리티시컬럼비아 주 광업 및 핵심 광물부로부터 승인으로 예상되는 시기를 구두로 들었으며 2026년 3분기까지 승인될 것으로 기대된다.
Talisker Resources (OTCQX: TSKFF) a clarifié son annonce précédente indiquant qu'il avait accéléré un Contrat d'Achat de Minerai avec Ocean Partners et qu'il commencera à expédier du matériel porteur d'or en janvier 2026. Les accords prévoient une facilité de crédit renouvelable de 25 millions de dollars et soutiennent l'augmentation de la capacité de broyage jusqu'à 1 500 t/j pour permettre une montée en puissance de la production.
La société doit modifier le permis de production de Bralorne, passant de 175 t/j à 500 t/j, et mettre en œuvre un tri de minerai pour dépasser 500 t/j. Talisker a entamé le processus de modification et a reçu des indications orales du ministère de l'Énergie et des Mines, des minéraux critiques de la Colombie-Britannique suggérant que l'approbation est attendue d'ici le troisième trimestre 2026.
Talisker Resources (OTCQX: TSKFF) hat seine frühere Mitteilung klargestellt, dass es ein Erzankauf-Vertrag mit Ocean Partners beschleunigt hat und im Januar 2026 mit dem Versand von goldhaltigem Material beginnen wird. Die Vereinbarungen umfassen eine revolving Credit-Fazilität über 25 Mio. USD und unterstützen die Erweiterung der Mahlkapazität auf bis zu 1.500 t/Tag, um eine Produktionssteigerung zu ermöglichen.
Das Unternehmen muss die Bralorne-Produktionsgenehmigung von 175 t/Tag auf 500 t/Tag ändern und einen Erzsortierer implementieren, um über 500 t/Tag zu kommen. Talisker hat den Änderungsprozess gestartet und von dem Ministerium für Bergbau und Kritische Mineralien von British Columbia mündliche Terminangaben erhalten, wonach die Genehmigung voraussichtlich bis Q3 2026 erfolgen wird.
Talisker Resources (OTCQX: TSKFF) أوضحت مشـروعها السابق بأنّها سَرّعت اتفاق شراء خام مع Ocean Partners وستبدأ شحن المواد المحتوية على الذهب في يناير 2026. تشمل الاتفاقيات تسهيل ائتماني دوّار بقيمة 25 مليون دولار أمريكي وتدعم زيادة سعة الطحن حتى 1,500 طن في اليوم لتمكين رفع الإنتاج.
يجب على الشركة تعديل تصريح إنتاج Bralorne من 175 طنًا في اليوم إلى 500 طن في اليوم وتنفيذ مُفرّز خام لتجاوز 500 طن يوميًا. بدأت Talisker عملية التعديل وتلقت إشارات زمنية شفوية من وزارة التعدين والمعادن الحيوية في كولومبيا البريطانية بأن الموافقة من المتوقع أن تكون في الربع الثالث من 2026.
- US$25 million revolving credit facility included in Agreements
- Ability to increase milling capacity to 1,500 tpd
- Planned shipping of gold-bearing material starting January 2026
- Current production permit limits output to 175 tpd
- Permit amendment approval required by Q3 2026 for ramp-up
- Implementation of an ore-sorter required to exceed 500 tpd
TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is issuing this press release to provide clarification in respect of the press release issued earlier today, which announced the acceleration of the ore purchase agreement to be entered into with Ocean Partners (the “Ore Purchase Agreement”) and that the Company will begin shipping gold bearing material in January 2026. As disclosed in the press release dated October 30, 2025, the Ore Purchase Agreement and the US
For further information, please contact:
Lindsay Dunlop
Vice President, Investor Relations
lindsay.dunlop@taliskerresources.com
+1 647 274 8975
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 producing 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 has a significant landholding in the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields projects.
Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information, including but not limited to: the anticipated terms and timing of the Agreements; the entering into of the Agreements on the anticipated timing and terms or at all; the receipt of required approvals in connection with the Agreements; plans with respect to the business operations of the Company, including its production and processing activities. 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. 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 proceed 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 did Talisker (TSKFF) clarify about the Ore Purchase Agreement on November 10, 2025?
How much financing is included in the Agreements for Talisker (TSKFF)?
What milling capacity will Talisker (TSKFF) be able to reach under the Agreements?
When does Talisker expect approval for the Bralorne permit amendment (TSKFF)?
What current permit constraint affects Talisker (TSKFF) production at Bralorne?
What operational change must Talisker (TSKFF) implement to exceed 500 tpd?
