Talisker Announces Signing of Bridging Agreement with Bridge River Indian Band
03 October 2023 - 10:00PM
Talisker Resources Ltd. (“
Talisker” or the
“
Company”) (TSX:TSK | OTCQX:TSKFF) and Bridge
River Indian Band (“
Xwísten”) are pleased to
jointly announce the signing of a bridging agreement (the
“
Agreement”) for the Bralorne Gold Project. The
scope of the Agreement covers underground mining production up to
750 tonnes per day and shipping of ore through the Xwísten
Traditional Territory for offsite processing at a permitted mineral
processing facility. The Agreement also defines a framework for
pursuing collaborative economic development opportunities,
environmental stewardship and monitoring, employment and training
and the opportunity for a future Impact Benefit Agreement (IBA)
between the two parties. The Agreement also works in conjunction
with existing regional exploration agreements between Talisker and
Xwísten.
Terry Harbort, President and CEO of Talisker,
stated, “This bridging agreement represents a significant
strengthening of Talisker’s partnership with Xwísten. We look
forward to working together towards the development of responsible
mining on Xwísten traditional territory.”
Chief Ina Williams of Xwísten commented, “We are
pleased to have entered into this Agreement with Talisker that is
the result of hard work, open communications and a true willingness
to doing things right. The Agreement covers elements of importance
to both parties along with provisions that will support growth and
opportunities for Xwísten. We look forward to working with Talisker
into this new phase of our relationship together.”
For further information, please contact:
Terry HarbortPresident and
CEOterry.harbort@taliskerresources.com+1 416 357 0227 |
Matt FilgateVice President,
Corporate Developmentmatt.filgate@taliskerresources.com+1 778 679
3579 |
About Talisker Resources
Ltd.
Talisker (taliskerresources.com) is a junior
resource company involved in the exploration of gold projects in
British Columbia, Canada. Talisker’s projects include the Bralorne
Gold Complex and the Ladner Gold Project, both advanced stage
projects with significant exploration potential from historical
high-grade producing gold mines, as well as its Spences Bridge
Project where the Company holds ~85% of the emerging Spences Bridge
Gold Belt, and several other early-stage Greenfields projects. With
its properties comprising 291,392 hectares over 487 claims, three
leases and 197 crown grant claims, Talisker is a dominant
exploration player in south-central British Columbia.
Caution Regarding Forward Looking
Statements
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance and include
statements regarding the Royalty Transaction, including the
expected closing date. The use of any of the words “could”,
“intend”, “expect”, “believe”, “will”, “projected”, “estimated” and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Talisker’s current belief or
assumptions as to the outcome and timing of such future events.
Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in
forward-looking information. Those assumptions and factors are
based on information currently available to Talisker. Although such
statements are based on reasonable assumptions of Talisker’s
management, there can be no assurance that any conclusions or
forecasts will prove to be accurate.
Forward looking information involves known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance, or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors include risks inherent in the exploration and development
of mineral deposits, including risks relating to changes in project
parameters as plans continue to be redefined, risks relating to
variations in grade or recovery rates, risks relating to changes in
mineral prices and the worldwide demand for and supply of minerals,
risks related to increased competition and current global financial
conditions, access and supply risks, reliance on key personnel,
operational risks, regulatory risks, including risks relating to
the acquisition of the necessary licenses and permits, financing,
capitalization and liquidity risks, title and environmental risks
and risks relating to the failure to receive all requisite
shareholder and regulatory approvals.
The forward-looking information contained in
this release is made as of the date hereof, and Talisker is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
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