US EditionTalisker to Accelerate Ore Purchase Agreement with Ocean Partners for up to 1,500 Tpd
Talisker highlights risks and uncertainties in its ore purchase agreement due to undefined mineral reserves and lack of feasibility studies, increasing operational and economic risks.
- Talisker Resources Ltd. confirmed it will begin shipping gold bearing material in January 2026 and referenced binding terms for an Ore Purchase Agreement and a US$25 million revolving credit facility.
- Talisker noted in its disclosure that the press release contains forward‑looking information about the anticipated terms and timing of the Agreements and company plans, and the company is not obligated to update such information except as required by applicable securities laws.
- A 60-day termination notice has occurred for Nicola Mining Inc., and management said it is accelerating the transition to Ocean Partners while progressing definitive Agreements, Talisker said.
- Investors were warned that Talisker cautioned there is no guarantee production will proceed as anticipated or that anticipated production costs will be achieved.
- Talisker warned it has no defined mineral reserves and did not complete a feasibility study, increasing uncertainty about recovery, costs, and risks including exploration, regulatory, and financing challenges.
13 Articles
13 Articles
St Catharines Standard
Talisker Provides Clarification on Ore Purchase Agreement with Ocean Partners
TORONTO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is issuing this press release to provide clarification in respect of the press release issued earlier today, which announced the acceleration of…
Talisker Terminates Milling Arrangement With Nicola Mining In Favor Of Ocean Partners Deal
Talisker Resources (TSX: TSK) is walking away from a toll milling agreement that was in place with Nicola Mining (TSXV: NIM) earlier than planned. The company has served Nicola with a 60 day notice of termination for the milling agreement that is currently in place. The termination of the arrangement follows Talisker entering into an ore purchase agreement with Ocean Partners on October 30. Originally intended to replace the Nicola arrangement a…
Coverage Details
Bias Distribution
- 75% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
