Impact: Positive
Talisker reported results from an additional three holes, completed as part of its ongoing 15,000m resource conversion program at its 100%-owned flagship Bralorne Au project in southern BC. All three holes encountered the target veins, including the BK, BK98-70 and Alhambra veins. Highlights include intercepts with grades and lengths of up to 3.71 g/t Au over 12.5m, including 36.84 g/t Au over 1m (SB-2023-017A). In our view, these are positive results that should help upgrade portions of the resource in or near areas that Talisker plans to mine in the near term. Work continues on the underground workings to access these areas for initial mining in H1/24.