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Talisker Intersects 24.41 g/t Au over 1.50 metres from the Bralorne Gold Project Resource Conversion Program

Press Release

February 29, 2024

Toronto, Ontario, February 29, 2024 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce additional high-grade drill results highlighted by 24.41 g/t Au over 1.50 metres within a broader interval of 7.33 g/t over 5.70 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-2023-030A intersected 24.41 g/t Au over 1.50 metres within a broader interval of 7.33 g/t Au over 5.70 metres on the BK-9870 Vein.
  • Hole SB-2023-030A also intersected 10.40 g/t Au over 0.80 metres within a broader interval of 5.51 g/t Au over 3.00 metres on the Alhambra Vein.
  • Hole SB-2023-026 intersected 18.93 g/t Au over 1.00 metres within a broader interval of 6.49 g/t over 4.95 metres on the BK-9870 Vein.
  • The resource conversion drill program is focused on increasing confidence in the Alhambra, BK-9870 and BK Vein.
  • 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-2023-026 Description

  • All assays have been received.
  • Located in the King block and hosted in diorite intrusive.
  • Intersected the BK-9870 vein from 51.70 – 57.00 m.

SB-2023-030A Description

  • All assays have been received.
  • Located in the King block and hosted in diorite intrusive.
  • Intersected the BK-9870 vein from 62.90 – 63.50 m.
  • Intersected the Alhambra vein from 159.75 – 160.35 m

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-2023-026 and 2023-030A

Diamond Drill Hole Name

From
(m)

To
(m)

Interval
(m)

Au
(g/t)

Interpreted Structure

SB-2023-026

49.2

50.2

1

2.05

BK-9870 Vein Halo

SB-2023-026

50.2

51.2

1

0.97

SB-2023-026

51.2

51.7

0.5

2.26

SB-2023-026

51.7

52.2

0.5

6.47

SB-2023-026

52.2

53

0.8

4.32

SB-2023-026

53

53.5

0.5

0.55

SB-2023-026

53.5

54

0.5

0.02

SB-2023-026

54

54.5

0.5

13.65

BK-9870 Vein

SB-2023-026

54.5

55

0.5

24.20

SB-2023-026

55

56

1

1.30

BK-9870 Vein Halo

SB-2023-026

56

56.65

0.65

7.55

SB-2023-026

56.65

57.15

0.5

0.82

SB-2023-026

57.15

57.65

0.5

1.29

SB-2023-030A

62.3

62.8

0.5

2.61

BK-9870 Vein Halo

SB-2023-030A

62.8

63.3

0.5

64.80

BK-9870 Vein

SB-2023-030A

63.3

63.8

0.5

5.81

SB-2023-030A

63.8

64.4

0.6

0.18

BK-9870 Vein Halo

SB-2023-030A

64.4

65.4

1

0.29

SB-2023-030A

65.4

66.2

0.8

0.24

SB-2023-030A

66.2

67

0.8

1.98

SB-2023-030A

67

68

1

2.97

SB-2023-030A

158.1

158.6

0.5

0.46

Alhambra Vein Halo

SB-2023-030A

158.6

159.1

0.5

1.98

SB-2023-030A

159.1

159.6

0.5

3.92

Alhambra Vein

SB-2023-030A

159.6

160.4

0.8

10.40

SB-2023-030A

160.4

160.9

0.5

2.10

Alhambra Vein Halo

SB-2023-030A

160.9

161.4

0.5

0.88

SB-2023-030A

161.4

162

0.6

3.11

SB-2023-030A

162

162.6

0.6

8.10

SB-2023-030A

162.6

163.75

1.15

2.20

SB-2023-030A

163.75

164.35

0.6

2.50

SB-2023-030A

164.35

164.85

0.5

3.91

SB-2023-030A

164.85

165.35

0.5

3.13

SB-2023-030A

165.35

165.9

0.55

1.25

SB-2023-030A

165.9

167

1.1

0.10

Notes: Diamond drill hole SB-2023-026 has a collar orientation of Azimuth 112.91; Dip -60.04.
Diamond drill hole SB-2023-030A has a collar orientation of Azimuth 113.02; Dip -69.59.
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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