Talisker Resources Expands Operations with New Milling Agreement
Talisker Resources Enhances Mining Operations
Talisker Resources Ltd. (TSX: TSK, OTCQX: TSKFF) is thrilled to share that it has renewed its milling agreement with Nicola Mining Inc. This collaboration involves the processing of run of mine material from the Mustang Mine. Through its subsidiary, Bralorne Gold Mines Ltd., Talisker will process this material at Nicola's Craigmont Mill.
New Developments in Operations
Recently, Talisker commenced the trucking of run of mine material from the development levels of the Mustang Mine. A total of 640 tonnes have already been successfully transported to the Craigmont Mill. This move is essential for creating a processing stockpile that will support uninterrupted operations and ensure milling can begin promptly.
Ongoing Development at Mustang Mine
The Mustang Mine has seen extensive development, with a total advancement of 286.6 metres completed. This includes both waste development and the exploration of mineralized vein materials at various levels, showcasing the operational progress at Talisker's key asset.
Development Summary
The current state of development at the Mustang Mine includes:
- Level 1060: 17.2 metres
- Level 1075: 125.5 metres
- Level 1090: 6.3 metres
- Level 1085: 4.6 metres
- Level 1100: 26 metres
- Level 1105: 97.1 metres
- Level 1120: 9.9 metres
With a cumulative total of 286.6 metres achieved, Talisker continues to push forward with its mining initiatives.
CEO's Insights on Progress
Terry Harbort, Talisker’s President and CEO, expressed his enthusiasm over this milestone, stating that trucking the first ore to the Craigmont Mill marks a significant step forward. He highlighted the operational upgrades made to the Craigmont Mill by Nicola Mining over the past year, indicating a strong foundation for a fruitful collaboration. He also noted that development at the Mustang Mine is aligning well with projections, showcasing excellent synergy between model predictions and the geological realities.
Strategic Shift and Partnerships
This renewed agreement with Nicola Mining replaces a previous ore purchase agreement with New Gold Inc., further signaling Talisker's strategic focus on optimizing mining operations. Already, Talisker has finalized arrangements for mining, ore hauling, and partnerships with accomplished firms such as Thyssen Mining Construction of Canada for mining services and Stromsten Enterprises alongside Bridge River Management Corporation for ore transportation.
Contact Talisker Resources
For additional details, reach out to:
Terry Harbort
President and CEO
terry.harbort@taliskerresources.com
+1 416 357 0227
Company Overview
Talisker Resources Ltd. is a junior resource company dedicated to the exploration and development of gold projects in Canada. Its flagship asset, the Bralorne Gold Project, is positioned for underground production at the Mustang Mine. Talisker is also invested in the Ladner Gold Project and the Spences Bridge Project, underscoring its diverse portfolio and commitment to growth.
Frequently Asked Questions
What is the purpose of the renewed milling agreement with Nicola Mining?
The renewed milling agreement allows Talisker to process its run of mine material from the Mustang Mine at Nicola’s Craigmont Mill.
How much run of mine material has been transported to the Craigmont Mill?
A total of 640 tonnes of run of mine material has been transported as part of the new operations.
What significant progress has been made at the Mustang Mine?
Talisker has achieved 286.6 metres of development at the Mustang Mine, focusing on both waste development and mineralized vein materials.
Who has been tasked with mining services at Mustang Mine?
Mining services at the Mustang Mine are provided by Thyssen Mining Construction of Canada, known for its quality and efficiency.
What is Talisker's main focus as a resource company?
Talisker Resources Ltd. focuses on the exploration and development of gold projects, including the Bralorne Gold Project and others in British Columbia.
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