08:58 AM EST, 11/10/2025 (MT Newswires) -- Talisker Resources ( TSKFF ) said Monday that it will begin shipping gold-bearing material to Ocean Partners UK in January 2026 as part of an ore purchase agreement.

In October, the two companies signed the binding terms of the agreement covering up to 1,500 tonnes per day and a US$25 million revolving credit facility for Talisker. Talks are ongoing to finalize the definitive agreements.

"The decision to accelerate the transition to Ocean Partners is in line with Talisker's planned increase of its production rate for 2026," Talikser President and Chief Executive Officer Terry Harbort said.

Talisker added that a 60-day notice of termination of the milling agreement with Nicola Mining has started.

Talisker's share price rose 3.8% on Friday to $1.37 on the Toronto Stock Exchange.