Talisker Signs Letter of Intent with Regeneration on Ladner Gold Project Tailings
TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) to form a joint venture with Regeneration Enterprises Inc. (“Regeneration”) to process the Ladner Gold Project (“Ladner”) Tailings Resource (the “Proposed JV”) owned by New Carolin Gold Corp. (“New Carolin”), a 100% owned subsidiary of Talisker.
- TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) to form a joint venture with Regeneration Enterprises Inc. (“Regeneration”) to process the Ladner Gold Project (“Ladner”) Tailings Resource (the “Proposed JV”) owned by New Carolin Gold Corp. (“New Carolin”), a 100% owned subsidiary of Talisker.
- Talisker and Regeneration have agreed to share the net profit of the Proposed JV.
- As a privately held social enterprise, Regeneration identifies and transforms legacy mining sites into ecological assets while producing needed minerals.
- The business allows for the recovery of significant ounces of gold and complete rehabilitation of the historic tailings facility at Ladner.