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Talisker Engages SGS Canada Inc. for a Preliminary Economic Assessment and Mineral Resource Update on the Bralorne Gold Project
TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“ Talisker ” or...
About this update from Talisker Resources Ltd.
[{"type":"text","content":"Talisker Engages SGS Canada Inc. for a Preliminary Economic Assessment and Mineral Resource Update on the Bralorne Gold Project\nTORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQB: TSKFF) is pleased to announce that it has engaged SGS Canada Inc. (“SGS”) to complete a National Instrument 43-101 (“NI 43-101”) compliant Technical Report incorporating a Mineral Resource Estimate (“MRE”) and Preliminary Economic Assessment (“PEA”) for the Bralorne Gold Project. The MRE will update the estimate in the Company’s current Technical Report (completed in 2023) and incorporate an additional 138 drill holes (representing 31,093m of drill core), as well as the depletion of areas already mined by Talisker at the Mustang Mine in 2025. Operations at the Bralorne Gold Project are currently in the commissioning / ramp-up phase. In addition, Talisker has engaged third-party consultants to complete studies regarding mining, infrastructure, process, capital and operation costs, as well as economic studies. The information from these studies will be provided to SGS for review and incorporation in the PEA. The Technical Report with both the MRE and PEA is expected to be completed during Q2 2026. Terry Harbort, Talisker’s President and CEO, commented: “We are pleased to have engaged a strong multi-disciplinary group such as SGS to conduct our Mineral Resource Estimate update and Preliminary Economic Assessment. The PEA will incorporate design and infrastructure criteria for the expansion of our Mustang Mine and the new Olympus Mine, providing an independent NI 43-101 compliant framework to support our current operations and future growth plans. This is the beginning of an exciting year for Talisker!\" The MRE will be prepared in accordance with Canadian institute of Mining (CIM) Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (2019). The Technical Report with the updated MRE will comply with all disclosure requirements for mineral resources set out for NI 43-101. Additionally, the classification of the updated mineral resource will be consistent with CIM Definition Standards - For Mineral Resources and Mineral Reserves (2014). For further information, please...