Resource Estimate
Talamore Mining Updates Mineral Resource Estimate for the Cristina Project in Chihuahua, Mexico
Cristina Resource Update Validates Dual Mining Strategy as Talamore Advances Yukon and Mexico Assets

Executive Summary
- Talamore Mining Corporation released an updated Mineral Resource Estimate (MRE) for its Cristina polymetallic vein project in Chihuahua, Mexico, based on drilling data through April 1, 2025.
- The update reflects a 6% increase in contained gold-equivalent (AuEq) ounces and a 4% increase in AuEq grade for Indicated resources compared to the 2023 MRE.
- Indicated resources now total 17.5 million tonnes at 1.41 g/t AuEq (795,000 AuEq oz), while Inferred resources stand at 33.0 Mt at 1.17 g/t AuEq (1,243,000 AuEq oz).
- The company also reported initial high-grade drill results from the Supremo Extension zone at its Coffee Gold project in Canada's Yukon Territory, with intercepts significantly above current resource grades, supporting resource conversion and pit expansion.
- Sensitivity analyses highlight the project's viability for both open-pit and underground mining, with resources remaining open at depth and along strike.
Material Impact
- The resource update is an incremental, expected step in the exploration-to-development cycle. It validates the geological model and supports the company's dual mining strategy but does not introduce fundamentally new economic parameters or transformative contracts.
- The Coffee Gold drill results are positive for resource conversion but remain in the early stages of a 40,000-metre program. They do not yet alter the project's economic profile or timeline.
- Given the stock's prior run from $1.00 to $11.79, the market has likely already priced in exploration progress. This release serves as confirmation rather than a catalyst for re-rating.
TALA · Price
Company Overview
- Talamore Mining Corporation is a precious metals exploration and development company focused on two primary assets: the Cristina polymetallic vein project in Chihuahua, Mexico, and the Coffee Gold project in Canada's Yukon Territory.
- The company is in the resource definition and feasibility study phase, targeting both open-pit and underground mining opportunities.
- Management's strategy emphasizes high-grade zone targeting, resource conversion, and expanding pit limits to improve project economics.