Talisker Secures Gold Concentrate Sales Deals and Vital Logistics Arrangements with Ocean Partners
In a significant development, Talisker Resources Ltd., a junior resource company based in British Columbia, Canada, has entered into three agreements with Ocean Partners USA, Inc. These agreements concern the purchase of gravity gold and sulphide concentrate from the Mustang Mine, a part of Talisker's flagship Bralorne Gold Project.
The agreements consist of two separate purchase agreements - one for gravity gold concentrate and one for sulphide concentrate. Under these contracts, Ocean Partners USA, Inc. has agreed to purchase 100% of the concentrates produced by Bralorne Gold Mines Ltd., according to the milling agreement. Additionally, there is an exclusive logistics agreement, appointing Ocean Partners as Talisker's sole logistics agent. This role encompasses managing end-to-end transportation of both concentrates from the mill site to international buyers.
Key terms and conditions of these agreements include commercially competitive terms with flexible pricing tied to LBMA (London Bullion Market Association) reference prices. There are also structured advance and provisional payment provisions designed to optimize working capital and support Talisker's balance sheet. Quality and handling standards for the concentrates are ensured, with Ocean Partners responsible for logistics management, including transportation and delivery.
Terry Harbort, CEO of Talisker, commented on these agreements, stating that they establish a clear, efficient path to market for gold and sulphide concentrate sales. These agreements mark an important milestone in Talisker's transition to production at its Bralorne Gold Project in British Columbia and establish a stable sales and logistics framework for its Mustang Mine concentrates.
Beyond the Mustang Mine, Talisker's projects include the Ladner Gold Project, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine. The Company also holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects.
For further information, please contact Terry Harbort at [email protected] or 1 416 357 0227.
Please note that certain statements contained in this press release constitute forward-looking information. 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.
Ocean Partners USA, Inc. is a leading international trader of base and precious metal concentrates, providing logistics, marketing, and financing services to metal producers worldwide.
- The news of Talisker Resources Ltd., based in Canada, has entered into agreements with Ocean Partners USA, Inc. for the purchase of concentrates from its Mustang Mine is significant in the industry, especially the environment and finance sectors.
- The agreements between Talisker and Ocean Partners have established Terry Harbort's company, specifically the Bralorne Gold Project in Toronto, as a stable source of gold and sulphide concentrates for global buyers.
- Beyond the Mustang Mine, Talisker's future projects include managing the Ladner Gold Project in Canada and holding a significant stake in the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects.
- As a leading international trader of base and precious metal concentrates, Ocean Partners USA, Inc. offers logistics, marketing, and financing services to metal producers across Canada and beyond, contributing to the Canadian business landscape.
