Talisker - TSKFF STOCK NEWS

Talisker Resources (TSX: TSK, OTCQX: TSKFF) has completed the acquisition of the Golden Hornet Project and negotiated the purchase of a 2% Net Smelter Royalty from Rich River Exploration for $100,000. The royalty purchase involves Talisker acquiring 1% for $38,000 cash and $12,000 in shares (36,363 shares at $0.33/share), while Osisko Gold Royalties acquired the remaining 1%.

The 2022 drill program at Golden Hornet demonstrated significant potential with high-grade gold discoveries, including notable intersections of 8.88 g/t Au over 5.1 metres within a broader zone of 2.59 g/t Au over 21.5 metres. The program completed 4,853 metres of drilling across 14 holes, with all holes in both the central Hornet Zone and Iron Canyon Zone intersecting semi-massive sulphide mineralization.

Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced significant progress in its operational activities at the Bralorne Gold Project in British Columbia. The company has completed its 2025 Mustang Mine Plan and conducted geotechnical mapping of the Mustang decline and historic 980 level. The Ground Control Management Plan submission is expected by January end.

Mining contractor mobilization is underway and scheduled for completion in late January. February will focus on pre-construction activities at the portal, including workshop upgrades, service re-establishment, and safety infrastructure installation. Development is set to begin in March at 6 meters per day, increasing to 12 meters per day by August. The first long hole stope drilling and blasting is planned for May, with development work targeting the Alhambra, BK, and BK9870 veins.

Talisker Resources (TSX: TSK, OTCQX: TSKFF) has closed a non-brokered private placement of gold-linked notes raising $1,332,000. The proceeds will be used to advance the Company's Bralorne Gold Project in British Columbia and for general corporate purposes. The notes, representing a senior unsecured obligation, bear a 15% annual interest rate and will mature on December 31, 2027.

The principal amount will be used to calculate the Gold Quantity based on a Floor Price of US$2,500 per ounce. The Gold Quantity will be reduced by 15%, 25%, and 60% on December 31 of 2025, 2026, and 2027 respectively. Interest is payable quarterly, calculated on the Deemed Value of the Gold Quantity. The Company paid $65,350 in finder's fees, and an insider participated in the financing.

Talisker Resources announced the results of its Annual General Meeting held on June 27, 2024, with 42% of issued common shares represented. Key approvals included the election of all six management nominees to the board and the appointment of PricewaterhouseCoopers LLP as auditors for the ensuing year. Detailed voting results showed overwhelming support for directors, with all nominees receiving over 98% of votes in favor. Talisker continues its focus on the Bralorne Gold Project, transitioning to underground production at the Mustang Mine, and advancing the Ladner and Spences Bridge Gold Projects.

Talisker Resources (TSX: TSK, OTCQX: TSKFF) has announced a significant update regarding its financing agreement with Sprott Resource Streaming and Royalty Corp. for the Bralorne Gold Project. Sprott has approved the second draw of US$11,750,000, contingent upon the finalization of amended documentation and the satisfaction of closing conditions. The update follows the initial agreement announced on June 12, 2023. The negotiations include an amendment on the timing of the production target of 38,000 ounces of gold. Talisker's CEO, Terry Harbort, expressed confidence in finalizing the deliverables for the second draw and anticipates closing in June.

Talisker Resources announced the signing of an Ore Hauling Agreement for the Bralorne Gold Project in British Columbia. The agreement with Stromsten Enterprises and Bridge River Management involves transporting gold ore from the Mustang Mine to milling facilities for processing. The first shipment of approximately 6,300 tonnes is scheduled for May 15th.

Talisker Resources announces high-grade drill results at the Bralorne Gold Project, including 56.88 g/t Au over 1.00 metre. The resource conversion program focused on Alhambra, BK, and BK-9870 Veins, with 81 drill holes totaling 14,949 metres. Major vein structures intersected host arsenopyrite and pyrite mineralization. The company's President and CEO is Terry Harbort, and the Vice President of Corporate Development is Matt Filgate.

Talisker Resources announces high-grade gold results from Ladner Gold Project, with up to 97.7 g/t Au. The summer 2023 sampling campaign yielded promising findings, including 78.3% of samples being anomalous for gold and 13.7% yielding more than 1.5 g/t Au. The top result was a composite sample of sheeted quartz veins in aphanitic andesite, producing 97.70 g/t Au. The company plans to expand known mineralization and target new ore zones at the Ladner Gold Project.

Talisker Resources announces a milling agreement with Nicola Mining Inc., enhancing ore processing capabilities at the Bralorne Gold Project. The agreement allows Nicola to process up to 6,300 tonnes of stockpile mined at Bralorne Gold Project, providing flexibility and contingency for Talisker. Terry Harbort, Talisker's President and CEO, expresses satisfaction with the partnership.