Tag Archives: Patrick Graham

Talisker Resources: Shorter timelines to discovery are the goal with prime BC projects

Terry Harbort, Chief Executive Officer of Talisker Resources Ltd. (CSE:TSK), is convinced that he and his team have found the perfect gold project to catapult their junior resource company into the big leagues.

This past December, the Toronto-based explorer purchased 100 percent of the Bralorne Gold Project in south-central British Columbia from Avino Silver & Gold Mines in a multimillion-dollar cash and stock deal.

Consisting of three main mines, Bralorne was one of the longest producing high-grade gold deposits in British Columbia, operating from 1929 to 1971. Though some 4.2 million ounces were pulled from the earth at a recovered grade of 17.7 grams per ton, the mining operation was eventually shut down due to depressed gold prices.

When mining in the area came to a halt, gold was at $200 per ounce, adjusted for modern inflation. With gold now selling for nearly $1,600 USD per ounce, Harbort says Talisker is eager to get at “that $200 rock still left in the ground” at Bralorne.

“We looked all throughout that region of south-central BC and we came across the Bralorne project, which initially was something that was probably bigger than what we were searching for,” explains Harbort, a veteran geologist who’s worked for major miners such as AngloGold Ashanti. “But we were able to do what became a transformational transaction for the company.”

For Talisker, which Harbort formed alongside some close industry colleagues, greenfield exploration was the plan when trading commenced on the Canadian Securities Exchange in spring of 2019. However, the acquisition of Bralorne advances the company into the next stage in one fell swoop.

Bolstered by $25 million in financing and royalty sales, the company kicked off 2020 by firing up the first drill rig at Bralorne in early February.

Harbort says Talisker will drill 3,000 metres along strike extensions of existing veins with plans of further drilling 6,000 to 7,000 metres in April, with results expected around the middle of the year.

The company has 45,000 samples from Bralorne and plenty of other data that, according to Harbort, is enough to give the company confidence that significant gold deposits remain in the ground.

“We can actually see where the samples intersected veins, and we can wireframe these into vein models and calculate what an approximate potential grade would be,” he says.

“We know, historically from the production, that the continuity was very high. So, it means as we go to depth and along strike we’ve got a pretty good chance of the veins continuing at a very high grade. We believe that’s what we’ll be targeting, as opposed to drilling and hoping we hit veins. We’re drilling the way we already know where the veins are. That really reduces our risk.”

Looking ahead to the rest of 2020, Harbort says Talisker is “working toward defining what the footprint is and how many millions of ounces are potentially there” as part of a crucial resource statement expected for release in early 2021.

In addition to Bralorne, Talisker also holds 85 percent of the gold belt at Spences Bridge, another exciting gold project in British Columbia. The claim stands as one of the largest land stakes in the province’s history.

At Spences Bridge, Talisker has formed a strategic alliance with Westhaven Ventures, which owns the Shovelnose high-grade epithermal discovery contiguous to Talisker’s claims.

“Initially, the Spences Bridge gold belt was what was called a frontier gold belt where people see indications of a certain style of mineralization but deposits there have never been discovered,” he explains.

But in September 2018, that all changed when Westhaven discovered a high-grade vein deposit, promoting the project from frontier status to emerging. Subsequently, “the whole belt could host a number of discoveries.”

Harbort says Talisker “aggressively” explored Spences Bridge in the last field season, when it was just starting up as a new company. During that time, Talisker had 23 geologists at the site who collected more than 3,000 stream sediment samples and defined eight drill targets. For 2020, the company has budgeted $3.5 million for 20 geologists working on five projects.

While Bralorne and Spences Bridge are Talisker’s most important projects in British Columbia, the company has several more in its portfolio, ranging from early stage projects to advanced ones. All told, Talisker’s properties comprise 270,605 hectares over 288 claims, three leases and 154 crown grant claims, making the company a dominant exploration player in south-central British Columbia.

Harbort says Talisker was attracted to the region in the first place not only because of the geology and celebrated mining history, but also the abundance of scientific theory.

“We believe that there are a number of belts in that part of British Columbia that haven’t been well explored simply because there’s not a large number of low sulphidation epithermal gold deposits or mines,” he explains. “What we noticed very quickly was that there was a knowledge gap in the exploration techniques for these types of deposits, and the textural and alteration interpretation, to tell where a deposit’s stratigraphy was.”

However, gold mining isn’t only about geology, science, or the data. Logistics, Mother Nature, and minding the bottom line for investors also play a crucial role as well. That’s why Harbort loves “the latitude and the weather” in south-central BC, not to mention a developed infrastructure, unlike some colder, more inaccessible regions of the province.

“The field stage is very short and access can be problematic in other parts of BC. You often have to fly in with helicopters and fly them to a base. You’ve got to build camps. It becomes very expensive,” he says.

“The areas that we’re exploring are just a couple of hours drive from Vancouver. We don’t have to build camps; our geologists can stay in hotels in local towns. We don’t have cooks and kitchens. We don’t have any helicopter support.”

As a result, Talisker is much freer to capitalize on positive outcomes and to channel the savings back into the project. This makes it possible for them to work longer during the year, and shorten exploration timeframes.

“That means we can do a lot more with our investors’ money and hopefully give them a short discovery timeline so they can get a return a lot quicker than on projects in more northern areas,” Harbort explains.

When it comes to investors, current or prospective, Harbort points out that most of the company’s financing comes from deep-pocketed institutional investors who embraced Talisker in its early period. So, retail investors might want to take notice.

“They know they’re not backing us because of luck. They are backing us because of the management team, because of the assets that we have and our ability to get access to capital and then to successfully execute the plan.”

This story was featured in the Public Entrepreneur magazine.

Learn more about Talisker Resources Ltd. at https://taliskerresources.com/.

AMPD Ventures: Meeting the need for digital speed when every millisecond counts

AMPD Ventures (CSE:AMPD) Chief Executive Officer Anthony Brown has declared war on computing latency.

For the digital layman, latency is deterioration in the speed (measured in milliseconds) at which a signal arrives, gets processed and is sent back to the requesting computer. The lower the latency, the faster the processing time.

Latency is a big deal with online gamers. Any lag, jitter or other performance issue with a video game can ruin the player experience. For professional gamers, latency is a livelihood issue because money is at stake – a lag or glitch means rival players are able to move and react faster to score more points.

“Those milliseconds can add up,” Brown says. “The more interactive an application is – like any esport where they’re continually pressing buttons and moving and doing things, and you’re in communication between the client and the server – the more it counts. Even though you’re dealing with milliseconds, the resulting impact on the application can be quite noticeable.”

Brown has been confronting the latency problem since his days two decades ago when he co-founded the Seven Group, providing high-performance computing for banks and engineering firms and then working with the likes of Disney Interactive on video games. Brown’s passion eventually morphed into AMPD Technologies, which he co-founded in 2015.

Besides video games and esports, AMPD helps other companies bring their dreams to life through data visualization, video rendering, artificial intelligence, augmented reality and virtual reality, and high-level academic research.

Brown and his management team listed AMPD Technologies’ AMPD Ventures unit on the Canadian Securities Exchange in October, to both raise capital and increase AMPD’s profile. The move secured the company $3 million in new funding.

To minimize latency in our increasingly connected digital world, AMPD develops and employs a method called edge computing, which entails placing nodes, which is where the data and content resides, as close as possible to the end-user.

Brown says edge computing represents the fourth stage of the digital revolution, which started with cable television and then the Internet, followed by the cloud.

“It’s the next generation of digital infrastructure. It’s the next Internet, if you like,” he explains.

The cloud is the matrix of “virtual” machines spread out across the globe that Amazon, Google, Microsoft and others maintain to store vast sums of data and perform distributed computing. It might be the heart and soul of e-commerce and video streaming, but the cloud is also seriously flawed.

Remember, it’s partly about distance. For one, sending and requesting data from the cloud adds to the latency lag. Because of this, the cloud and its distributed computing architecture servers can’t adequately handle the emerging data-heavy technologies such as augmented reality and virtual reality that need high-performing computing to function properly.

“What we do is hardware-switched, hardware-firewalled, array-based storage. That means that the storage is separate from the servers and all the servers can access it directly at superfast speeds. And then we put that at the edge, in the urban centre where the data is being used. So that last-mile latency is mitigated as well,” explains Brown.

The company recently opened its first data centre in Vancouver, not far from its headquarters. Besides offering clients high-performance computing solutions, the centre is designed to capture the heat generated by the servers and distribute it to the building, and produce clean drinking water via the condensing systems in the air conditioners.

AMPD is currently onboarding clients and expects to max out the data centre’s capacity before too long. Halfway through November, the company announced its first client, Bardel Entertainment, which works on the popular cartoon series Rick and Morty.

In a deal expected to generate more than $1.2 million in revenue over three years, Bardel will utilize the AMPD Remote Render Service that enables studios to access thousands of cores of processing power without having to build their own costly data centres. When rendering for animated content, two-dimensional or three-dimensional images are generated for the screen from a computer, using huge amounts of processing power.

Importantly, the render service is not hooked up to the Internet but rather connected via direct fibre access to AMPD’s servers in the company’s data centre. That means minimal latency issues by avoiding the cloud.

AMPD has also started a partnership with Myesports Ventures, which runs the online gaming stadiums where players compete in esport tournaments with live audiences. Myesports currently has one live stadium and three more planned in 2020, and has tapped AMPD to supply the computing infrastructure for players and onsite gaming hosting.

In addition to supplying the backbone for players at the stadium, AMPD will be able to let players access the platform from home, giving people in the local area an ability to play an esport with the same low latency experience as esports athletes competing in the stadium itself.

AMPD also is involved with the Digital Technology Supercluster Learning Factory project, a consortium financed by the Canadian government to provide digital solutions for the manufacturing industry. The project will leverage AMPD’s high-performance computing platform to create digital twins of production lines for advanced aircraft parts. The project goes live in December for both simulation and virtual reality visualization.

“Eventually we’ll hit critical mass where we just need to proliferate and get ahead of the curve to be able to build out as many data centres and as many high-performance computing nodes as we can,” Brown concludes. “To be able to handle the load of all those super cool applications coming down the pipe that people can’t even use yet is what we are gearing up for.”

This story was featured in the Public Entrepreneur magazine.

Learn more about AMPD Ventures at https://www.ampd.tech/.