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Talisker Intersects 11.84 g/t Au over 12.45 Metres near Surface on the 55 Vein at the Bralorne Gold Project

Press Release

Toronto, Ontario, May 17, 2022 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce high-grade results on a shallow portion of the 55 Vein within the Bralorne West block.

Key Points:

  • Hole SB-2022-013 is located within the Bralorne West block and focuses on near surface mineralization within the 55 vein.
  • Highlighted by 44 g/t Au over 3.9 metres within a larger mineralized envelope of 11.84 g/t Au over 12.45 metres.
  • The vein intersection is from 85.55 metres to 98 metres below the surface and increases the known mineralized envelope on the 55 vein (>3 gram x metres) to 450 metres x 480 metres.
  • The total mineralized drill intercepts on the 55 vein to date is 29.
  • Talisker drilling to date at the Bralorne Gold Project has produced 367 vein intersections with a combined weighted average diluted grade of 9.01 g/t over an average intersection length of 1.75 metres.

Matt Filgate, Vice President, Corporate Development of Talisker, commented, “Today’s results highlight the growth potential of the current veins, demonstrating the excellent grade continuity and the ability for rapid resource expansion within the known veins. As we continue to expand our drilling along strike and down plunge of known mineralization, we expect to see the mineralizing footprint grow rapidly.”

Three diamond drills are now operating at the Bralorne Gold Project. A total of 138,741 metres (284 holes) has been drilled since Talisker initiated drilling at the Project in February 2020. Currently, there are 2420 samples at the assay laboratory, which are expected to be received by the Company shortly.

SB-2022-013 Hole Description:

  • Complete assay results received.
  • Located in the Bralorne West block and hosted in dioritic intrusive and ultramafics.
  • 55 vein intersected from 90.6 to 98.0 metres with visible gold and a mineralized hanging wall halo from 85.55 to 90.60 metres.

Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.

All  reported  drill  assay  results  are  available  on  the  Company’s  website  at  the  following  link:

https://taliskerresources.com/bralorne-gold-project-released-drill-results/.

Table 1: Bralorne Gold Project – Drill Hole SB-2022-013

Diamond Drill From To Interval Au Interpreted Method Reported
Hole Name (m) (m) (m) (g/t) Structure
SB-2022-013 85.55 86.05 0.5 3.23 Au-AA26
SB-2022-013 86.05 86.95 0.9 15.95 55 Vein Halo Au-AA26
SB-2022-013 86.95 88.15 1.2 2.84 Au-AA26
SB-2022-013 88.15 89 0.85 0.19 Au-AA26
SB-2022-013 89 90.6 1.6 0.00 Lost Core
SB-2022-013 90.6 91.1 0.5 2.57 Au-AA26
SB-2022-013 91.1 91.6 0.5 1.32 Au-AA26
SB-2022-013 91.6 92.1 0.5 1.61 Au-AA26
SB-2022-013 92.1 92.6 0.5 1.66 Au-AA26
SB-2022-013 92.6 93.3 0.7 3.86 Au-AA26
SB-2022-013 93.3 94 0.7 2.57 Au-AA26
SB-2022-013 94 94.5 0.5 2.78 55 Vein Au-AA26
SB-2022-013 94.5 95 0.5 6.48 Au-AA26
SB-2022-013 95 95.5 0.5 16.65 Au-AA26
SB-2022-013 95.5 96 0.5 203.00 Au-GRA22
SB-2022-013 96 96.5 0.5 7.33 Au-AA26
SB-2022-013 96.5 97 0.5 0.88 Au-AA26
SB-2022-013 97 97.5 0.5 1.73 Au-AA26
SB-2022-013 97.5 98 0.5 0.73 Au-AA26

Notes: Diamond drill hole SB-2022-013 has a collar orientation of Azimuth 255; Dip -72. True widths are estimated at 40 – 90% of intercept lengths and are based on oriented core measurements where available. Method Reported includes the most up-to-date information as of the date of this press release.

Qualified Person

The technical information contained in this news release relating to the drill results at the Bralorne Gold Project has been approved by Leonardo de Souza (BSc, AusIMM (CP) Membership 224827), Talisker’s Vice President, Exploration and Resource Development, who is a “qualified person” within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For further information, please contact:

Terry Harbort

President and CEO

[email protected]

+1 416 361 2808

Matt Filgate

Vice President, Corporate Development

[email protected]

+1 778 679 3579

IBF4

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