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Talisker Signs Gold Concentrate Sales, Logistics Agreements With Ocean Partners
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Talisker Signs Gold Concentrate Sales, Logistics Agreements With Ocean Partners
Jul 30, 2025 5:48 AM

08:24 AM EDT, 07/30/2025 (MT Newswires) -- Talisker Resources ( TSKFF ) said Wednesday that its subsidiary Bralorne Gold Mines entered into three definitive agreements with Ocean Partners USA for the purchase of gravity gold and sulfide concentrate from the Mustang mine in British Columbia.

Talisker said the agreements represent for the Bralorne gold project, which is part of a transition towards underground production at the Mustang mine.

Under the gravity gold and sulpfide concentrate purchase agreements, Ocean Partners agreed to purchase 100% of the gravity gold and sulfide concentrates produced pursuant to Bralorne's existing milling agreement.

Talisker also agreed to appoint Ocean Partners as Bralorne's exclusive logistics agent to manage the end-to-end transportation of both gravity and sulfide concentrates from the mill site to international buyers.

"These agreements represent a critical commercial milestone for Talisker, establishing a clear, efficient path to market for gold and sulphide concentrate sales," CEO Terry Harbort said. "The flexible pricing and payments will allow Talisker to optimize working capital increasing balance sheet strength."

Talisker's share price fell 5.3% on Tuesday to $0.54 on the TSX.

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