Talisker Resources enjoys first gold sale from Bralorne

Executive Summary

• Talisker Resources completed its inaugural gold sale from the Bralorne project, selling 707 oz for approximately US$2.3 million.
• The proceeds will be reinvested into underground development, resource conversion, and infrastructure upgrades at Bralorne, supporting a phased production ramp‑up.
• Management highlighted that this milestone transitions Talisker from an advanced‑stage developer to an active gold producer and signals the start of regular revenue generation.

Key Details

• Gold Sale: 707 ounces sold in August 2026; gross proceeds ≈ US$2.3 million.
• Revenue Significance: First cash flow event confirming Bralorne’s shift to commercial production.
• Use of Proceeds: Funding for continued underground development, resource conversion, and infrastructure upgrades at the Bralorne mine.
• Production Strategy: Phased ramp‑up aimed at optimizing extraction, reducing operational risk, and increasing near‑term cash flow.
• Milling Partnership: Offsite milling performed by Nicola Mining Inc.; Nicola plans to expand capacity at its Craigmont mill for higher throughput.
• Future Outlook: Expectation of regular gold sales as production scales; ongoing exploration program targeting additional high‑grade zones to extend mine life and improve economics.
• CEO Quote (Terry Harbort): Emphasized the milestone as a “significant achievement,” noting strengthened financial flexibility and commitment to responsible, sustainable production.
• Partner Comment (Peter Espig, Nicola CEO): Confirmed continued support for Talisker and clarified that a previously announced 10,000‑tonne bulk sample will not affect the milling partnership.

Notable Quotes

“The sale of our first gold is a significant achievement for Talisker… With initial production revenue now in place, Talisker has entered a new growth phase supported by operational execution and strengthened financial flexibility.” – Terry Harbort, President & CEO, Talisker Resources Ltd.

“We are encouraged and committed to support Talisker as it continues to expand operations… Nicola also plans to expand its milling capacity at the Craigmont mill to accommodate increased throughput.” – Peter Espig, CEO, Nicola Mining Inc.