Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) is pleased to announce results from drill holes SB-2021-048 and SB2021-055 at its 100% owned flagship Bralorne Gold Project.  These holes are the fourth and fifth holes drilled by Talisker this year in the recently discovered bulk-tonnage mineralization at Pioneer, located 2 kilometres to the south-east of the Bralorne township. Talisker continues to drill high grade vein resource at Bralorne.

Key Points:

• Hole SB-2021-048 intersected 1g/t over 116.25m within a larger intercept of 0.56g/t over 441.2m
• Hole SB-2021-048 was drilled to test down-dip continunity from previously released hole SB-2021-040 that intercepted 1.02 g/t over 114.15m. Results released today extend continunity 600 metres down-dip from hole 40.
• Hole SB-2021-055 intersected 0.68 g/t over 51.50m including 0.80 g/t over 34.55m. Three voids were intercepted as part of this interval and correspond with stopes from previously mined veins.
• Hole SB-2021-055 was drilled to test the up-dip continunity of hole SB-2021-026 that intersected 1.17 g/t Au over 106.75m. Results released today extend continunity 130 m down-dip from hole 26.
• Combined, holes SB-2021-026, SB-2021-030, SB-2021-040, SB-2021-048 and SB-2021-055 confirm an 1,100m continuous vertical panel of mineralisation from surface.
• Stepout hole SB-2021-025, drilled 200 metres to the south-east of these holes is expected to be released to market shortly.
• Stepout hole SB-2021-063, drilled 200 metres to the north-west of these holes is completed and at the laboratory awaiting assay.

“The results from these holes confirm the consistency of the mineralization encountered at Pioneer over broad intervals,” commented Terry Harbort, Chief Executive Officer of Talisker, who added, “We are progressing aggressively with this new discovery drilling multiple 200m stepouts along the 3.2 kilometre strike length to the northwest to define the mineralized footprint at Pioneer.”

A total of 54,500 m have been drilled this year out of a planned and fully funded 100,000 metre diamond drill program.  Since acquiring the Bralorne Gold Project, Talisker has completed 76,700 m of drilling.  Five drill rigs are currently active at the Bralorne Gold Project. There are currently 29 holes consisting of 11,451 samples at the assay laboratory and are expected to be received by the Company shortly.

SB-2021-048

• Pioneer Block
• Complete preliminary results have been received for this hole.
• The New Bulk Zone was intersected within the granite at 828.8m and produced 1.0 g/t gold over 116.25m, within a larger intercept of 0.56 g/t gold over 441.2m.
• This hole drilled to a final depth of 11415.5 m on July 17, 2021.

SB-2021-055

• Pioneer Block
• Complete preliminary results have been received for this hole.
• The New Bulk Zone was intersected within the granite at 236.7m and produced 0.68 g/t gold over 51.50m, including 0.80 g/t gold over 34.55m.
• This hole drilled to a final depth of 295.6m on June 25, 2021.

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.

About Talisker Resources Ltd.

Talisker is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects. With its properties comprising 282,403 hectares over 258 claims, three leases and 198 crown grant claims, Talisker is a dominant exploration player in the south-central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.

Sample Preparation and QAQC

Drill core at the Bralorne project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm respectively). Drill core samples are minimum 50 cm and maximum 160 cm long along the core axis. Samples are focused on an interval of interest such as a vein or zone of mineralisation. Shoulder samples bracket the interval of interest such that a total sampled core length of not less than 3m both above and below the interval of interest must be assigned. Sample QAQC measures of unmarked certified reference materials (CRMs), blanks, and duplicates are inserted into the sample sequence and make up 9% of the samples submitted to the lab for holes reported in this release. Sample preparation and analyses is carried out by ALS Global in North Vancouver, British Columbia, Canada and SGS Canada in Burnaby, British Columbia, Canada. Drill core sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (ALS code PREP-31 / SGS code PRP89). Gold in diamond drill core is analysed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26 / SGS code GO_FAA50V10), while multi-element chemistry is analysed by 4- Acid digestion of a 0.25 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Gold assay technique (ALS code Au-AA26 / SGS code FAA50V10) has an upper detection limit of 100 ppm. Any sample that produces an over-limit gold value via the gold assay technique is sent for gravimetric finish (ALS method Au-GRA22 / SGS method GO_FAG50V) which has an upper detection limit of 1,000 ppm Au. Samples where visible gold was observed are sent directly to screen metallics analysis and all samples that fire assay above 1 ppm Au are re-analysed with method (ALS code Au-SCR24 / SGS code – 6 – GO_FAS50M) which employs a 1kg pulp screened to 100 microns with assay of the entire oversize fraction and duplicate 50g assays on the undersize fraction. Where possible all samples initially sent to screen metallics processing will also be re-run through the fire assay with gravimetric finish provided there is enough material left for further processing

Figure 1: Pioneer zone with drill traces of completed drill holes including holes SB-2021-040, SB-2021-048 and SB-2021-055. (CNW Group/Talisker Resources Ltd)

Figure 2: Overview map showing the Pioneer Zone, the drill holes included in this press release, major gold-bearing quartz veins (gray) and associated bounding fault structures. (CNW Group/Talisker Resources Ltd)