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Talisker Resources – Continuous 127m Strike Length Averaging 22 g/t Gold on 1045 Level At Mustang

The KE Report Jul 23, 2026

Summary

Talisker's CEO says 127 metres averaging 21.5 g/t (grams per tonne) gold at Mustang confirms grade and continuity are improving with depth.

Ore sorting equipment, funded by an $11 million loan, should cut blended waste rock and raise the grade of ore trucked from H1 2027.

The Ben Nevis purchase extends Bralorne to 24,000 hectares along 40 km of strike, supporting a hub-and-spoke plan with a central processing facility.

Roughly 85,000 metres of drilling is directed at converting known resource into mineable reserves rather than chasing new discovery.

Management expects a significant increase in both revenue and gold production when second-quarter results are released.

Key points on Talisker Resources Ltd

  • First results from the 1045 level, a level the company developed itself: face sampling every 2.4 metres on the parallel BK9870 vein, roughly 30 metres from the BK vein, returned nearly 130 metres averaging 21.5 g/t gold, following an earlier 60-metre strike at 27 g/t on the same level, with plenty of visible gold reported.
  • The mine cycle is short - a level's lateral development takes a month or two, then it is blasted and stoped - so 1045 material is being stoped and trucked now, with work on the 1030 level 15 metres below and the decline nearly at the 1015 level.
  • Ore sorting is moving from testing into build-out: most of the end-to-end circuit (crushes, conveyors, sorting units, screening plant, distribution arm) is already ordered and partly on site, financed by an $11 million delayed-draw term loan facility; the crushing circuit is planned to run from late Q3 or Q4 2026, with the sorter going from testing to full operation around end-2026 or early 2027.
  • The stated purpose of the sorting plant is to strip waste blended into narrow-vein material rather than add run-of-mine tonnage - raising grade and recovery per tonne trucked and giving partner Ocean Partners better feed.
  • The July 13 Ben Nevis acquisition takes the Bralorne project to about 24,000 hectares and just over 40 km of strike along the Cadwallader fault, with roughly 85,000 metres of drilling underway at Mustang and Bralorne West and Olympus drilling starting within weeks.

Shad Markwitz's takeaways

  • Top takeaway He says he has spoken to many companies that talk about ore sorting but never implement it, and treats Talisker as the exception because the equipment is already ordered, arriving on site and being installed.
  • He argues the market is missing the scale of the story, saying Mustang and Bralorne West are only a small part of a land package that could support satellite areas, so investors measured on near-term production are not seeing the district potential.

Terry Harbert's takeaways

  • Top takeaway He argues the 1045-level results on the BK9870 vein - nearly 130 metres at 21.5 g/t gold, about 30 metres from the earlier BK vein - have rewritten expectations after the prior 60-metre strike at 27 g/t, and stresses these are the first results from a level Talisker developed itself.
  • He says the data validates the thesis Bralorne has always been famous for - high grade and structural, horseshoe-like continuity - and that his mining team does not chase veins, simply developing ahead as the structures keep giving high-grade face after face; stoping has started between the 1045 and 1060 levels.
  • He frames sample-to-mill turn-around as a couple of months: finish a level's lateral development, then blast and stop it, with the 1045 being trucked now and the decline heading down toward the 1015 level.
  • On ore sorting he is explicit that the goal is removing waste blended into narrow-vein material so the same tonnes carry higher grade and better recovery to partner Ocean Partners; he says the bulk sample tested with TOMRA at the University of Saskatchewan was very conducive to sorting, with results expected within about a week of the July 23, 2026 recording.
  • His investment thesis is district-scale: with the July 13 Ben Nevis step the package is about 24,000 hectares and just over 40 km along strike, he points to potential for 5 to 8 million ounces at the centre of Bralorne plus half-million to one-million-ounce satellites trucked to a central facility, and asks investors to judge the company on a longer view than the assessment due in September and October.