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GOLD - Talisker Intersects 42.61 g/t Au over 1.3 Metres

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Talisker Resources Ltd. 350 Bay Street, Suite 400 Toronto, Ontario M5H 2S6

TSK TSX

TSKFF OTCQX

Talisker Intersects 42.61 g/t Au over 1.3 Metres Within 15.51 g/t Au over 3.70 Metres at the Bralorne Gold Project Toronto, Ontario, October 27, 2022 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce high-grade results from the North Vein located within the historic King mining block. The results are the final assays received from the 2022 pre-resource drill program that were re-assayed following initial laboratory failure of QAQC. Key Points: • • •

• • •

Holes SB-2022-032, 036, 044, 053, 063 and 068A are located within the King Mining Block and focuses on the King, North and C Veins. Hole SB-2022-053 is highlighted by: o 42.61 g/t Au over 1.30 metres within 15.51 g/t Au over 3.70 metres (North Vein) Hole SB-2022-032 intersected a total of three veins highlighted by: o 12.04 g/t Au over 3.60 metres within a broader zone of 2.44 g/t Au over 22.50 metres (New Vein) o 13.72 g/t Au over 1.20 metres (243 Vein) o 12.14 g/t Au over 1.00 metres (North Vein) Hole SB-2022-068A is highlighted by: o 19.17 g/t Au over 2.35 metres (North Vein) Hole SB-2022-063 is highlighted by: o 11.48 g/t Au over 1.00 metres (King Vein) o 6.15 g/t Au over 1.50 metres (King Splay) Talisker drilling to date at the Bralorne Gold Project has produced 401 vein intersections with a combined weighted average diluted grade of 9.45 g/t over an average intersection length of 1.73 metres.

Terry Harbort, President and CEO of Talisker, commented, “These final results continue to demonstrate the consistent high-grade nature of the veins at the Bralorne Gold Project. Despite delays caused by these assay re-runs and the new requirement to conduct stope optimization of inferred resource to meet the “Reasonable Prospects for Eventual Economic Extraction” guidelines, we expect to release our maiden resource statement in November and to meet our anticipated range. With the entire resource located from surface to 700m depth, approximately 70% represents brand new discovered ounces with minimal or no historic activity, 20% represents resource along strike from historic stopes and 10% is remnant ore bodies. Of the 86 veins now identified at Bralorne, 74 are open in all directions indicating the clear nearterm resource expansion upside.” A total of 140,476 metres (286 holes) has been drilled since Talisker initiated drilling at the Project in February 2020. Talisker is providing an opportunity for shareholders and other interested parties to participate in a Webinar to be held at 1 pm ET on Tuesday, November 1st, To register, please click on the following link https://us02web.zoom.us/webinar/register/WN_CsU7_-SMR--TrsHxr0f9Fw


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