Talisker Signs Definitive Ore Purchase Agreement with New Gold Inc.
March 12 2024 - 6:00AM
Talisker Resources Ltd. (“
Talisker” or the
“
Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to
announce that the Company, through its 100% owned subsidiary
Bralorne Gold Mines Ltd. (“
Bralorne”), has signed
a definitive Ore Purchase Agreement (the
“
Agreement”) with New Gold Inc. (“
New
Gold”). As part of the Agreement New Gold will purchase up
to 350,000 tonnes of material mined at Bralorne and process it at
their mill located at its New Afton mine. The Agreement can be
extended by mutual agreement by New Gold and Talisker.
Terry Harbort, Talisker’s President and CEO
commented, “Talisker is very pleased to have signed this important
ore purchase agreement with New Gold. Having completed the portal
and decline construction and our resource conversion drilling, this
Agreement clears the pathway for our planned 2024 production at
Bralorne.”
Talisker is providing an opportunity for
shareholders and other interested parties to participate in a
Webinar to be held at 2 pm ET on Monday, March 18, 2024. To
register, please click on the following link -
https://us02web.zoom.us/webinar/register/WN_T9VocrvFSeeBTydWIde2Qw
For further information, please contact:
Terry HarbortPresident and
CEOterry.harbort@taliskerresources.com+1 416 357 0227 |
Matt FilgateVice President,
Corporate Developmentmatt.filgate@taliskerresources.com+1 778 679
3579 |
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.
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
timing of construction. 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.
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