Latest news with #TerryHarbort
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Talisker Finalizes Gold Concentrate Sales and Key Logistics Agreements with Ocean Partners
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 +1 416 357 0227 About Talisker Resources Ltd. Talisker ( 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.
Hamilton Spectator
24-07-2025
- Business
- Hamilton Spectator
Talisker Receives Assay Results from 1105 Level Lateral Development at the Mustang Mine
TORONTO, July 24, 2025 (GLOBE NEWSWIRE) — Talisker Resources Ltd. ('Talisker' or the 'Company') (TSX: TSK, OTCQX: TSKFF) is pleased to announce that the Company has received assay results from underground face sampling of lateral development from the 1105 level at the Mustang Mine. Lateral development is mining conducted along the vein to allow for equipment access required for later stope extraction between levels. This development is conducted at approximately 3 X 3 metre dimensions, larger than the 1.8 metre width of the actual mining stopes. The 1105 level is located 1,105 metres above mean sea level and represents one of the upper most levels of the Mustang Mine. Sampling on this level was conducted to support future stopes identified on the Alhambra, BK and BK9870 veins. Sampling is conducted by cutting a linear horizontal channel approximately 10 centimeters wide across the width of the development face. Key Highlights: Terry Harbort, CEO of Talisker stated, 'These outstanding results from the 1105 level face sampling reinforce the high-grade nature of Bralorne and its position as one of the world's highest grade gold deposits. Even diluted to development widths of 3 metres, which is well beyond our mining width of 1.8 metres we see strong confirmation of the consistent grade with abundant occurrences of visible gold (shown in the face photos below in green). Shareholders will also note, the close correlation between our modelled veins displayed by the blue and red lines and the actual vein position. An excellent outcome for our dedicated resource modelling team!' Talisker is actively milling run of mine gold bearing development material at Nicola Mining's Merrit mill facility. To date, a total of 2,143 tonnes of material has been milled producing approximately 12 kilograms of gravity concentrate and 40 tonnes of sulphide concentrate. A further 2,200 tonnes of material has been delivered to the mill and is awaiting milling. The first sale and shipment of concentrate material is expected at the end of this month. Talisker is continuing to deliver new run of mine material daily at a rate of approximately 150 tpd. A Media Snippet accompanying this announcement is available by clicking on this link. For further information, please contact: Terry Harbort President and CEO +1 416 357 0227 Qualified Person The technical information contained in this news release relating to the drill results at the Bralorne Gold Project has been approved by Leonardo de Souza (BSc, AusIMM (CP) Membership 224827), Talisker's Vice President, Exploration and Resource Development, who is a 'qualified person' within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects. About Talisker Resources Ltd. Talisker ( 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. Sample Preparation and QAQC Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm, respectively). Drill core samples are a minimum of 50 cm and a maximum of 160 cm long along the core axis. Samples are focused on an interval of interest, such as a vein or zone of mineralization. Shoulder samples bracket the interval of interest such that a total sampled core length of not less than 3m both above and below the interval of interest must be assigned. Sample QAQC measures of unmarked certified reference materials (CRMs), blanks, and duplicates are inserted into the sample sequence and makeup 9% of the samples submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in North Vancouver, British Columbia, Canada and SGS Canada in Burnaby, British Columbia, Canada. Drill core sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (ALS code PREP-31 / SGS code PRP89). Gold in diamond drill core is analyzed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26 / SGS code GO_FAA50V10), while multi-element chemistry is analyzed by 4- Acid digestion of a 0.25 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Gold assay technique (ALS code Au-AA26 / SGS code FAA50V10) has an upper detection limit of 100 ppm. Any sample that produces an over-limit gold value via the gold assay technique is sent for gravimetric finish (ALS method Au-GRA22 / SGS method GO_FAG50V) which has an upper detection limit of 1,000 ppm Au. Samples where visible gold was observed are sent directly to screen metallics analysis and all samples that fire assay above 1 ppm Au are re-analyzed with method (ALS code Au-SCR24 / SGS code - 6 - GO_FAS50M) which employs a 1kg pulp screened to 100 microns with assay of the entire oversize fraction and duplicate 50g assays on the undersize fraction. Where possible all samples initially sent to screen metallics processing will also be re-run through the fire assay with gravimetric finish provided there is enough material left for further processing. 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.
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Talisker Announces Results of Annual General Meeting of Shareholders
TORONTO, July 15, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (' Talisker ' or the ' Company ') (TSX:TSK | OTCQX:TSKFF) is pleased to announce the results of its annual general meeting of shareholders (the 'Meeting') held earlier today. A total of 40,348,552 common shares of the Company were represented at the Meeting, representing approximately 35% of the total number of common shares of the Company issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved including: election of all six management nominees to the board of directors of the Company and the appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year and authorization of the directors to fix their remuneration. Detailed voting results regarding the election of directors are as follows: Name Voted For # Voted For % Voted Withhold # Voted Withhold % Stephen Burleton 36,226,400 99.623 137,187 0.377 Christina Hadath 36,224,180 99.617 139,407 0.383 Terence Harbort 36,226,400 99.623 137,187 0.377 Robert Power 36,224,180 99.617 139,407 0.383 Morris Prychidny 36,226,400 99.623 137,187 0.377 Eric Tremblay 36,226,400 99.623 137,187 0.377 For further information, please contact: Terry Harbort President and CEO +1 416 357 0227 About Talisker Resources Ltd. Talisker ( 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.
Hamilton Spectator
13-05-2025
- Business
- Hamilton Spectator
Talisker Announces Listing of Warrants on TSX
TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Talisker Resources Ltd. ('Talisker' or the 'Company') (TSX: TSK, OTCQX: TSKFF) confirms the listing of 7,910,000 common share purchase warrants of the Company (the 'Warrants') on the Toronto Stock Exchange ('TSX') as of market open today, under the symbol ' The Warrants were previously issued in connection with the brokered financing completed on May 5, 2025. Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of C$0.75 per share until May 5, 2028, in accordance with the terms of the warrant indenture dated May 5, 2025, which is available under the Company's profile at . For further information, please contact: Terry Harbort President and CEO +1 416 357 0227 About Talisker Resources Ltd. Talisker ( 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. In particular, this press release contains forward-looking information relating to, among other things, the listing of the Warrants on the TSX. 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. 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.
Hamilton Spectator
01-05-2025
- Business
- Hamilton Spectator
Talisker Provides Update on the Closing of the Brokered Private Placement and Intention to List Underlying Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Talisker Resources Ltd. ('Talisker' or the 'Company') (TSX: TSK, OTCQX: TSKFF) is pleased to provide an update with respect to its previously announced 'best-efforts' private placement of units (the 'Offering'). As a result of strong investor demand, it is anticipated that the agent's option will be exercised in full by Red Cloud Securities Inc. ('Red Cloud'), who is acting as the sole agent and bookrunner under the Offering. Accordingly, the Company expects to issue up to 16,000,000 units of the Company (the 'Units') at a price of $0.50 per Unit for aggregate gross proceeds of $8,000,000. Each Unit will consist of one common share of the Company (each, a 'Common Share') and one-half of one common share purchase warrant (each whole warrant, a 'Warrant'). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.75 for a period of 36 months after the Closing Date (as defined below). In addition, the Company has applied to the Toronto Stock Exchange ('TSX') for the listing of the Warrants to be issued under the Offering. To facilitate the electronic settlement and clearing of the securities to be issued under the Offering, including in connection with the listing of the Warrants, Talisker anticipates the Offering will be completed on or about May 5, 2025 (the 'Closing Date'). For further details, please see the offering document dated April 17, 2025 (the 'Offering Document') related to the Offering that can be accessed under the Company's profile on SEDAR+ at and on the Company's website at . This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 , as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. For further information, please contact: Terry Harbort President and CEO +1 416 357 0227 About Talisker Resources Ltd. Talisker ( 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. In particular, this press release contains forward-looking information relating to, among other things, the Offering, total proceeds and available funds, use of proceeds, approval of the Toronto Stock Exchange, listing of the Warrants, and the Closing Date. 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 press 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.
