Talisker Announces Addition of Second Drill and Increase in Drill Plan at Bralorne Gold Project
Talisker Announces Addition of Second Drill
and Increase in Drill Plan at Bralorne Gold
Project
TORONTO
,
July 6, 2020
/CNW/ - Talisker Resources Ltd. ("Talisker" or the "Company") (CSE:
TSK) (OTCQB: TSKFF) is pleased to announce 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
11,200m
to approximately
17,000m
in response to successful drilling results to date
including 57.8 g/t Au over
1.5 m
in hole SB-2020-005A (see press release of
June 9, 2020
) and 32.2
g/t Au over
0.97 m
in hole SB-2020-002 (see press release of
May 5, 2020
).
"The addition of a second rig is the next logical step in the development of the Bralorne project,"
commented
Terry Harbort
, President & CEO of Talisker, who added, "With the successful
completion of Stage 1 drilling we are planning on accelerating our target definition and drill testing to
allow us to prioritize the targets that will form the basis of our resource."
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, 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 ~85% of the emerging
Spences Bridge Gold Belt and several other early stage Greenfields projects. With its properties
comprising 291,173 hectares over 320 claims, six leases and 181 crown grant claims, Talisker is a
dominant exploration player in the south-central
British Columbia
. The Company is well funded to
advance its aggressive systematic exploration program at its projects.
Qualified Person
The technical information contained in this news release has been approved by
Leonardo de Souza
(BSc, AusIMM (CP) Membership 224827), Talisker's Vice President, Exploration and Resource
Development, who is a "qualified person" within the meaning of National Instrument 43-101,
Standards of Disclosure for Mineral Projects.
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. 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. Actual future results may differ materially. In particular, this release contains forward-
looking information relating to, among other things, the operations of the Company and the timing
which could be affected by the current global COVID-19 pandemic. 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.
While Talisker considers these assumptions to be reasonable based on information currently
available, they may prove to be incorrect. 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 and the COVID-19
pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory
risks, including risks relating to the acquisition of the necessary licenses and permits, financing,
capitalization and liquidity risks.
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.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the
CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved the information
contained herein.
SOURCE
Talisker Resources Ltd
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For further information:
Terry Harbort, Chief Executive Officer of Talisker, at
[email protected] or (416) 361-2808.
CO: Talisker Resources Ltd
CNW 07:00e 06-JUL-20