STOCK TITAN

Talisker Resources Announces First Gold Sale from the Bralorne Gold Project

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

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.

Talisker Resources (OTCQX:TSKFF) ha effettuato la sua prima vendita d'oro dal Bralorne Gold Project in British Columbia, segnando il passaggio da sviluppatore a produttore. Ad agosto la società ha venduto 707 once d'oro, realizzando proventi lordi per 2,3 milioni di dollari USA.

Questo traguardo conferma la strategia di avviamento progressivo di Talisker e il buon esito delle prime attività di messa in servizio a Bralorne. I proventi saranno reinvestiti nello sviluppo sotterraneo, nella conversione delle risorse e negli aggiornamenti infrastrutturali. L’azienda sta adottando una strategia di lavorazione esterna grazie alla partnership con Nicola Mining Inc., che prevede di ampliare la capacità del Craigmont Mill per gestire maggiori volumi.

Talisker Resources (OTCQX:TSKFF) ha realizado su primera venta de oro del Bralorne Gold Project en Columbia Británica, marcando su transición de desarrollador a productor. En agosto la compañía vendió 707 onzas de oro, generando ingresos brutos de 2,3 millones de dólares EEUU.

Este hito valida la estrategia de puesta en marcha por fases de Talisker y el éxito de las actividades iniciales de comisionado en Bralorne. Los ingresos se reinvertirán en desarrollo subterráneo, conversión de recursos y mejoras de infraestructura. La empresa está implementando una estrategia de molienda fuera del sitio mediante su asociación con Nicola Mining Inc., que planea ampliar la capacidad del Craigmont Mill para absorber mayor volumen.

Talisker Resources (OTCQX:TSKFF)가 브리티시컬럼비아의 Bralorne Gold Project에서 첫 금(골드) 판매를 발표하며 개발사에서 생산업체로 전환했음을 알렸습니다. 회사는 8월에 707온스의 금을 판매해 미화 230만 달러의 총수익을 올렸습니다.

이 성과는 Talisker의 단계적 가동 확대 전략과 Bralorne의 초기 시운전 활동이 성공적으로 진행되었음을 입증합니다. 수익금은 지하 개발, 자원 전환, 인프라 개선에 재투자될 예정입니다. 회사는 Nicola Mining Inc.와의 파트너십을 통해 외부 제련(밀링) 전략을 도입하고 있으며, Nicola는 증가한 처리량을 소화하기 위해 Craigmont Mill의 처리능력 확대를 계획하고 있습니다.

Talisker Resources (OTCQX:TSKFF) a annoncé sa première vente d'or provenant du Bralorne Gold Project en Colombie-Britannique, marquant sa transition de développeur à producteur. En août, la société a vendu 707 onces d'or, générant des recettes brutes de 2,3 millions de dollars US.

Cette étape confirme la stratégie de montée en puissance par phases de Talisker et le succès des premières opérations de mise en service à Bralorne. Les recettes seront réinvesties dans le développement souterrain, la conversion des ressources et les améliorations d'infrastructure. La société met en œuvre une stratégie de traitement hors site via son partenariat avec Nicola Mining Inc., qui prévoit d'augmenter la capacité du Craigmont Mill pour absorber un débit accru.

Talisker Resources (OTCQX:TSKFF) hat den ersten Goldverkauf aus dem Bralorne Gold Project in British Columbia angekündigt und damit den Übergang vom Entwickler zum Produzenten vollzogen. Im August verkaufte das Unternehmen 707 Unzen Gold und erzielte Bruttoeinnahmen von 2,3 Mio. US-Dollar.

Dieser Meilenstein bestätigt Taliskers stufenweise Anlaufstrategie und den erfolgreichen Abschluss der frühen Inbetriebnahmearbeiten in Bralorne. Die Erlöse werden in den Untertagebau, die Umwandlung von Ressourcen und Infrastruktur-upgrades reinvestiert. Das Unternehmen setzt auf eine externe Aufbereitung durch eine Partnerschaft mit Nicola Mining Inc., die die Kapazität der Craigmont-Mühle erweitern will, um höhere Durchsätze zu bewältigen.

Positive
  • None.
Negative
  • Production still in early stages, not yet at commercial production levels
  • Dependence on third-party milling facility could impact operational flexibility

TORONTO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce the successful completion of its first gold sale from its 100% owned Bralorne Gold Project in British Columbia (“Bralorne”). The Company sold 707 ounces of gold in August, generating gross proceeds of approximately US$2.3 million.

This first gold sale marks a key milestone for Talisker, confirming its shift from an advanced-stage developer to an active gold producer it also validates years of focused investment, technical progress, and disciplined execution. It also confirms successful completion of early-stage commissioning activities at Bralorne, where Talisker has been implementing a phased ramp-up strategy to optimise resource extraction, reduce operational risks, and generate near-term cash flow. The Company now embarks on a new growth phase, supported by initial production revenue and the operational momentum needed to continue increasing output.

Terry Harbort, President and CEO of Talisker stated, “The sale of our first gold is a significant achievement for Talisker, and a proud moment for our entire internal team and operational partners. I would like to sincerely thank everyone for a job very well done. With initial production revenue now in place, Talisker has entered a new growth phase supported by operational execution and strengthened financial flexibility. It represents the culmination of years of planning, development, and stakeholder collaboration. Most importantly, the Company’s disciplined approach positions Bralorne as a meaningful contributor to British Columbia’s gold production, while affirming Talisker’s commitment to responsible, sustainable production. This milestone underscores the potential of the Bralorne gold district and creates a clear pathway for long-term value creation.”

The proceeds from this initial sale will be reinvested in ongoing underground development, resource conversion and infrastructure upgrades at Bralorne. These investments are key to Talisker’s goal of gradually and cost-effectively increasing production capacity. The Company also remains committed to its broader exploration program at Bralorne, seeking additional high-grade zones that could extend the mine’s lifespan and enhance project economics.

This initial sale not only marks the start of revenue for Talisker but also demonstrates its commitment to disciplined organic growth and value creation. As the Company moves toward commercial production, further gold sales are expected regularly, helping to strengthen finances. The sale also highlights Talisker’s successful implementation of the Company’s offsite milling strategy with its milling partner Nicola Mining Inc. (“Nicola”).

Peter Espig, CEO of Nicola, commented, “We are encouraged and committed to support Talisker as it continues to expand operations.  Nicola also plans to expand its milling capacity at the Craigmont Mill to accommodate increased throughput.  In addition, we would like to clarify that the 10,000-tonne bulk sample, announced July 30th, will not displace our milling partnership with Talisker.”

Figure 1 – Gravity Concentrate from Mustang Gold Mine (August sale)

Gravity Concentrate from Mustang Gold Mine (August sale)

Figure 2 – Gravity Concentrate from Mustang Gold Mine (August sale)

Gravity Concentrate from Mustang Gold Mine (August sale)

Figure 3 – Sulphide Concentrate (August Sale)

Sulphide Concentrate (August Sale)

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 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 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. 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.

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 and development 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.

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

How much gold did Talisker Resources (TSKFF) sell in its first gold sale?

Talisker Resources sold 707 ounces of gold in August 2025, generating gross proceeds of approximately US$2.3 million.

What is the significance of Talisker's first gold sale from Bralorne Gold Project?

The first gold sale marks Talisker's transition from an advanced-stage developer to an active gold producer, validating years of investment and technical progress while generating initial revenue.

How will Talisker Resources use the proceeds from its first gold sale?

The proceeds will be reinvested in underground development, resource conversion, and infrastructure upgrades at the Bralorne Gold Project to gradually increase production capacity.

What is Talisker's milling strategy for the Bralorne Gold Project?

Talisker implements an offsite milling strategy through partnership with Nicola Mining Inc., which plans to expand its Craigmont Mill capacity to accommodate increased throughput.

When does Talisker Resources expect to achieve commercial production?

While the company is moving toward commercial production with regular gold sales expected, no specific timeline for achieving commercial production was provided in the announcement.
Talisker

OTC:TSKFF

TSKFF Rankings

TSKFF Latest News

TSKFF Stock Data

74.41M
133.90M
3.03%
25.06%
Gold
Basic Materials
Link
Canada
Toronto