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Talisker Intersects 14.31 g/t Au over 9.55 metres from the Bralorne Gold Project Resource Conversion Program

Press Release

February 6, 2024

Toronto, Ontario, February 6, 2024 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce additional high-grade drill results highlighted by 86.50 g/t Au over 1.50 metres within a broader interval of 14.31 g/t over 9.55 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.
  • Hole SB-2023-016 intersected 86.50 g/t Au over 1.50 metres within a broader interval of 14.31 g/t Au over 9.55 metres on the BK-9870 Vein.
  • Hole SB-2023-016 also intersected 21.86 g/t Au over 3.00 metreson the BK Vein.
  • Hole SB-2023-031 intersected 8.53 g/t Au over 3.50 metres on the BK-9870 vein.
  • To date, a total of 73 holes have been drilled during the infill drill program with 13,231 metres completed.
  • The resource conversion drill program is focused on increasing confidence in the Alhambra and BK Vein.

Terry Harbort, President and CEO of Talisker, stated, “As we near the beginning of production at the Mustang Mine, we continue to build further confidence in the first five years of the mine plan. The exceptional high-grade intersects demonstrate the grade continuity within the veins. The consistent mineralization in the hanging wall and footwall breccias lowers overall dilution.”

SB-2023-016 Description

  • All assays have been received
  • Located in King block and hosted in diorite intrusive
  • Intersected the BK-9870 vein from 291.30 – 292.80 metres
  • Intersected the BK vein from 323.00 – 326.00 metres

SB-2023-031 Description

  • All assays have been received
  • Located in King block and hosted in diorite intrusive
  • Intersected the BK-9870 vein from 49.50 – 54.50 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-2023-016 and 2023-031
Diamond Drill Hole Name From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Interpreted Structure
SB-2023-016 283.25 284 0.75 0.15 BK-9870 Vein Halo
SB-2023-016 284 284.5 0.5 0.18
SB-2023-016 284.5 285.1 0.6 1.59
SB-2023-016 285.1 286 0.9 1.84
SB-2023-016 286 286.6 0.6 3.93
SB-2023-016 286.6 287.15 0.55 1.99
SB-2023-016 287.15 287.65 0.5 0.76
SB-2023-016 287.65 288.5 0.85 0.05
SB-2023-016 288.5 289.5 1 0.01
SB-2023-016 289.5 290.25 0.75 0.01
SB-2023-016 290.25 290.8 0.55 0.24
SB-2023-016 290.8 291.3 0.5 0.07
SB-2023-016 291.3 291.8 0.5 258.00 BK-9870 Vein
SB-2023-016 291.8 292.3 0.5 1.04
SB-2023-016 292.3 292.8 0.5 0.46
SB-2023-016 322.35 323 0.65 0.51 BK Vein Halo
SB-2023-016 323 324.05 1.05 1.77 BK Vein
SB-2023-016 324.05 324.65 0.6 99.90
SB-2023-016 324.65 326 1.35 2.81
SB-2023-016 326 326.65 0.65 0.06 BK Vein Halo
SB-2023-016 326.65 327.45 0.8 0.31
SB-2023-016 327.45 328.9 1.45 0.31
SB-2023-016 328.9 330 1.1 0.01
SB-2023-016 330 330.6 0.6 0.28
SB-2023-016 330.6 331.65 1.05 0.43
SB-2023-016 331.65 333 1.35 0.04
SB-2023-016 333 334 1 0.93
SB-2023-016 334 335.4 1.4 0.09
SB-2023-016 335.4 336.8 1.4 0.02
SB-2023-016 336.8 338 1.2 0.53
SB-2023-016 338 339 1 2.09
SB-2023-016 339 340 1 0.17
SB-2023-031 48 48.8 0.8 0.29 BK-9870 Vein Halo
SB-2023-031 48.8 49.5 0.7 1.60
SB-2023-031 49.5 50 0.5 4.87 BK-9870 Vein
SB-2023-031 50 50.5 0.5 2.24
SB-2023-031 50.5 51 0.5 1.93
SB-2023-031 51 52.05 1.05 15.25
SB-2023-031 52.05 52.75 0.7 2.90
SB-2023-031 52.75 53.5 0.75 3.63
SB-2023-031 53.5 54 0.5 15.15
SB-2023-031 54 54.5 0.5 3.04
Notes: Diamond drill hole SB-2023-016 has a collar orientation of Azimuth 214; Dip -44.7. Diamond drill hole SB-2023-031 has a collar orientation of Azimuth 136; Dip -67. 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
terry.harbort@taliskerresources.com
+1 416 357 0227

Matt Filgate
Vice President, Corporate Development
matt.filgate@taliskerresources.com
+1 778 679 3579

IBF4

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