Talisker Initiates Underground Dewatering at Bralorne Gold Project
Talisker Initiates Underground Dewatering at
Bralorne Gold Project
TORONTO
,
Aug. 10, 2020
/CNW/ - Talisker Resources Ltd. ("
Talisker
" or the "
Company
") (CSE:
TSK) (OTCQX: TSKFF) is pleased to announce that an underground dewatering and rehabilitation
program has been initiated at the Company's wholly owned Bralorne Gold Project located in south
central British Columbia. This program is being assisted by JDS Energy and Mining Ltd. ("JDS")
who has responsibility for underground condition assessment, safety and geotechnical
considerations, Weymark Consulting Ltd., mine engineering and project management support and
Integrated Sustainability Consultants Ltd. who have supported the operation of the advanced micro-
filtration water treatment system at the site. Location of the 8 Level and proximity to targeted
potential vein zones is shown on the attached maps and sections.
Preliminary dewatering and treatment of water from the 8 level occurred from late April until late
June of this year. Water levels are now being maintained to provide safe and ready access for
underground exploration crews to the full 8 level up to the historic Crown Shaft. Under the direction
of JDS, the condition of underground workings of both the BK and 8 level were assessed and found
to be in good condition.
The current dewatering program includes dewatering and treating of mine water from below the 8
level of the Bralorne Mine underground before discharge. This is made possible through the use of
an advanced micro-filtration Pall Water Treatment System in-place at the Bralorne Gold Project.
The Pall Water Treatment System has a primary function of removing low levels of naturally
occurring arsenic from mine water prior to discharge, under BC Environmental Management Act
Permit #14480, to
Cadwallader Creek
. The Pall Water Treatment System has been operational at
Bralorne since 2017 and is effective at ensuring all discharges of mine water from the site meet
stringent BC water quality standards.
Terry Harbort
, President and CEO of Talisker stated, "The beginning of the dewatering program and
access to the 8 level provide the ability for the Company to accelerate our exploration timeline by
gaining access to areas very close to our modelled vein targets. We are greatly encouraged by the
good condition of the underground levels and will be working with contractors to implement the
correct procedures to ensure a safe working environment."
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 291,339 hectares over 322 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.
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.
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.
Map 1 (CNW Group/Talisker Resources Ltd)
Map 2 (CNW Group/Talisker Resources Ltd)
Map 3 (CNW Group/Talisker Resources Ltd)
SOURCE
Talisker Resources Ltd
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For further information:
Terry Harbort, Chief Executive Officer,
[email protected], +1 416 361 2808
CO: Talisker Resources Ltd
CNW 07:00e 10-AUG-20