Talisker Resources Ltd.
Talisker is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include the Bralorne gold complex, an advanced-stage project with significant exploration potential from a historical high-grade producing gold mine, as well as its Spences Bridge project where the Company holds approximately 85 per cent of the emerging Spences Bridge gold belt and several other early-stage Greenfields projects. The Company is well funded to advance its aggressive systematic exploration program at its projects.
Talisker is a Dominant Explorer in Southern British Columbia
Bralorne Gold Project, British Columbia
Talisker acquired the Bralorne Gold Project in December 2019. Located in southern British Columbia, the Bralorne mine complex produced approximately 7.3 million tonnes at a grade of 17.7 g/t Au for 4.2 million ounces of gold from 30 veins in three adjacent mines; Bralorne, Pioneer and King, until eventual closure in 1971 due to depressed gold prices.
Exploration Drill Plan
Talisker is undertaking a 17,000 m drill program targeting high-grades veins at the Bralorne gold project.
Q1 Drilling Highlights
Management and Directors
Terry Harbort, CEO, President, Director
PhD in Structural Geology and Tectonics
Specialist in mapping and interpretation of ore geometries and ore controls
Recognized senior member of the discovery team of AngloGold Ashanti's La Colosa and Gramalote deposits
Co-founder and VP Exploration, Talisker Exploration Services Inc. and former Director and VP Corporate Development, Sable Resources Ltd. and former Chief Geoscientist, Barkerville Gold Mines Ltd.
Andres Tinajero, CFO, Director
MBA and Member, Canadian Institute of Chartered Professional Accountants, the Certified Practicing Accountants of Australia and Certified member, Institute of Corporate Directors
Served as CFO and Vice President of Finance of several medium sized public companies across Canada
Michael McPhie, BSc, MSc, ICD.D, VP Sustainability and External Affairs
25 years senior experience in the natural resources sector
Specialist in regulatory issues for mining projects and operations
Leonardo de Souza, BSc, P.Geo., QP, VP Exploration & Resource Development
35 years experience in mineral exploration and 21 years in mineral resource estimation
Ruben Padilla, PhD, Director of Geology
Over 30 years experience in the mineral exploration industry
Luis Arteaga, BSc, MSc, P.Geo., QP, Exploration Manager
Over 13 years experience in precious metals exploration
Tom Obradovich, Executive Chairman
Over 35 years experience in mining exploration, development and financing
Brent Gilchrist, Director
Accomplished finance executive with extensive experience in the investment and banking sectors
Morris Prychidny, Director
Chartered Accountant with over 35 years experience in the mining, entertainment and real estate industries
Blair Zaritsky, Director
Chartered Professional Accountant with over 15 years of professional experience
On August 20, 2020, Talisker Resources Ltd. announced that it has granted, in accordance with the company's stock option plan, an aggregate of 1.3 million options to purchase common shares of the company to certain officers, employees and consultants. All of the options granted are exercisable at 46 cents, with 1.1 million options exercisable for a period of five years and 200,000 options exercisable for a period of two years.
On August 23, 2020, Talisker Resources Ltd. has closed the bought deal private placement initially announced on July 22, 2020, for total gross proceeds of $23-million. In connection with the offering, the company issued an aggregate of 28,260,870 units at a price of 46 cents per unit and 15,625,000 charity flow-through share units of the company at a price of 64 cents per flow-through unit.
On August 10, 2020, Talisker Resources Ltd. announced that an underground dewatering and rehabilitation program has been initiated at Talisker Resources Ltd.'s wholly owned Bralorne gold project located in south-central British Columbia. This program is being assisted by JDS Energy and Mining Ltd., which has responsibility for underground condition assessment, safety and geotechnical considerations; Weymark Consulting Ltd., mine engineering and project management support; and Integrated Sustainability Consultants Ltd., which has supported the operation of the advanced microfiltration water treatment system at the site.
On July 30, 2020, Talisker Resources Ltd. announced that it has qualified to trade on the OTCQX Best Market. Talisker shares begin trading on the OTCQX under the symbol TSKFF.
On July 22, 2020, Talisker Resources Ltd. announced that further to its earlier news release, the Company has agreed to increase the size of the bought deal private placement due to the high level of interest. The Company will now issue 28,260,870 units, priced at 46 cents per unit ($13-million) and 15,625,000 charity flow-through (FT) share units, priced at 64 cents per charity FT unit ($10-million), for total gross proceeds of $23-million.
On July 16, 2020, Talisker Resources Ltd. announced results from hole SB-2020-005, the remainder of SB-2020-005A (737.4-1013.1 m), as well as SB-2020-006 and SB-2020-007 from the Company's 17,000 m drill program at the Bralorne Gold Project located in British Columbia.
On July 8, 2020, Talisker Resources Ltd. announced that the Company has entered into an asset purchase agreement with TDG Gold Corp. ("TDG Gold") for TDG Gold to acquire several of Talisker's mineral resource properties located in the Toodoggone region of the Province of British Columbia. The Properties being acquired by TDG Gold consist of: the Baker Project; the Shasta Mine and the Baker mill infrastructure and equipment; the Chappelle property; the Mets lease; and the Bot property.
On July 6, 2020, Talisker Resources Ltd. announced that the Company will be adding a second drill rig in July at the Bralorne Gold Project, British Columbia. In addition, Talisker will be increasing its drill plan from 11,200 m to approximately 17,000 m.
On June 9, 2020, Talisker Resources Ltd. has released results from holes SB-2020-003 and SB-2020-004 as wells as partial results for hole SB-2020-005A from the Company's drill program at the Bralorne gold project located in British Columbia.