02:50 PM EST, 11/10/2025 (MT Newswires) -- Talisker Resources ( TSKFF ) , up near 6% at last look, on Monday afternoon provided clarification in respect of its press release issued earlier today, which announced the acceleration of the ore purchase agreement to be entered into with Ocean Partners and that the company will begin shipping gold bearing material in January 2026.
As disclosed in the press release dated October 30, 2025, the Ore Purchase Agreement and the US$25 million revolving credit facility will provide Talisker with the ability to increase its milling capacity to up to 1,500 tpd and secure the pathway to ramp up production. In connection with such ramp up, the company must also amend the production permit for the Bralorne Gold Project from its current rate of 175 tpd annualized over 12 months to 500 tpd including the implementation of an ore-sorter to increase output beyond 500 tpd. The company said it has commenced this process and has received verbal indications on the timeline from the British Columbia Ministry of Mining and Critical Minerals that it should receive approval of the permit amendment by Q3 2026.
Price: 1.45, Change: +0.08, Percent Change: +5.84