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Talisker Intersects 129.99 g/t Au over 2.00 Metres from the Bralorne Gold Project Resource Conversion Program

Press Release

TORONTO, March 04, 2024 — Talisker Resources Ltd. (“ Talisker ” or the “ Company ”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce additional high-grade drill results highlighted by 129.99 g/t Au over 2.00 metres at its 100% owned flagship Bralorne Gold Project.

Key Points:

  • Talisker initiated resource conversion drilling on October 17, 2023 with 15,000 metres of planned drilling and completed the program on February 15, 2024.
  • Hole SB-2023-014 intersected 129.99 g/t Au over 2.00 metres on the BK Vein.
  • Hole SB-2023-018 intersected 27.9 g/t Au over 1.1 metres within a broader interval of 7.51 g/t Au over 4.20 metres on the Prince vein.
  • Hole SB-2023-012 also intersected 9.29 g/t Au over 2.00 metres on the BK Vein.
  • The resource conversion drill program is focused on increasing confidence in the Alhambra and BK Veins.
  • A total of 81 drill holes were drilled during the resource conversion program, totaling 14,949 metres.
  • All 2023 assays have been received. Currently, there are 2,157 samples from the 2024 Q1 drilling program at the assay laboratory awaiting to be received.

SB-2023-012 Hole Description

  • All assays have been received.
  • Located in the King block and hosted in diorite intrusive.
  • Intersected the BK Vein from 260.60 – 261.25 metres and 263.47 – 266.26 metres.

SB-2023-014 Hole Description

  • All assays have been received.
  • Located in the King block and hosted in diorite intrusive.
  • Intersected the BK Vein from 374.70 – 375.64 metres.

SB-2023-018 Hole Description

  • All assays have been received.
  • Located in the King block. Hosted in basalt and diorite intrusive.
  • Intersected the Prince Vein from 48.30 – 48.90 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.

Table 1: Bralorne Gold Project – Drill Holes SB-2023-012, 2023-014 and 2023-018
Diamond Drill Hole Name From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Interpreted Structure
SB-2023-012 264.2 264.75 0.55 4.18 BK Vein
SB-2023-012 264.75 265.25 0.5 5.03
SB-2023-012 265.25 265.75 0.5 6.22
SB-2023-012 265.75 266.25 0.5 16.95
SB-2023-012 266.25 266.75 0.5 4.81 BK Vein Halo
SB-2023-012 266.75 267.25 0.5 9.17
SB-2023-012 267.25 267.75 0.5 4.33
SB-2023-012 267.75 268.25 0.5 6.11
SB-2023-014 374.2 374.7 0.5 0.13 BK Vein
SB-2023-014 374.7 375.2 0.5 514.00
SB-2023-014 375.2 375.7 0.5 4.01
SB-2023-014 375.7 376.2 0.5 1.81
SB-2023-018 47.8 48.3 0.5 1.99 Prince Vein Halo
SB-2023-018 48.3 48.9 0.6 49.50 Prince Vein
SB-2023-018 48.9 49.4 0.5 0.04 Prince Vein Halo
SB-2023-018 49.4 49.95 0.55 0.06
SB-2023-018 49.95 50.5 0.55 0.02
SB-2023-018 50.5 51 0.5 0.47
SB-2023-018 51 52 1 0.55
Notes: Diamond drill hole SB-2023-012 has a collar orientation of Azimuth 357.5; Dip -57. Diamond drill hole SB-2023-014 has a collar orientation of Azimuth 218.5; Dip -45.5. Diamond drill hole SB-2023-018 has a collar orientation of Azimuth 218.5; Dip -56.5. 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.

All reported drill assay results are available on the Company’s website.

For further information, please contact:

Terry Harbort
President and CEO

+1 416 357 0227

Matt Filgate
Vice President, Corporate Development

+1 778 679 3579

IBF4

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