08:44 AM EDT, 09/08/2025 (MT Newswires) -- Talisker Resources ( TSKFF ) said it completed its first gold sale from its 100%-owned Bralorne gold project in British Columbia.

The company announced Monday it sold 707 ounces of gold in August, generating proceeds of about $2.3 million. It said it now embarks on a "new growth phase", supported by initial production revenue and the operational momentum needed to continue increasing output.

Proceeds from this sale will be reinvested in ongoing underground development, resource conversion and infrastructure upgrades at Bralorne. Talisker said the sale highlights "successful implementation" of its offsite milling strategy with milling partner Nicola Mining.

"Nicola also plans to expand its milling capacity at the Craigmont Mill to accommodate increased throughput," said Nicola chief executive Peter Espig. "In addition, we would like to clarify that the 10,000-tonne bulk sample, announced July 30, will not displace our milling partnership with Talisker."

Shares of the company last closed up $0.05, or 6.3%, at $0.84 on the Toronto Stock Exchange, a 52-week high.