Talisker Intercepts 1.36 G/T Over 68.9 Metres Within 0.8 G/T Over 220 Metres With 200 Metre Stepout at Pioneer

Rhea-AI Summary

Talisker Resources Ltd. (TSKFF) announced positive drill results from hole SB-2021-025 at its Bralorne Gold Project, intersecting 1.36 g/t gold over 68.9 meters. The hole, located 200m from previous successful drills, confirms a continuous vertical mineralization over 1.1 kilometers. Additional intersections include 2.83 g/t over 14.5m and 1.04 g/t over 17.05m. The company has drilled 56,703 meters this year out of a planned 100,000-meter program, with multiple holes pending assay results. CEO Terry Harbort expressed optimism for upcoming results from drill holes SB-2021-063 and SB-2021-069.

Positive

• Drill hole SB-2021-025 intersected 1.36 g/t gold over 68.9m.
• Confirmation of extensive vertical mineralization over 1.1 kilometers.
• Additional significant intercepts of 2.83 g/t over 14.5m and 1.04 g/t over 17.05m.
• Completion of 56,703m of drilling in 2021 out of a planned 100,000m.

Negative

• None.

TORONTO, ON / ACCESSWIRE / September 16, 2021 / Talisker Resources Ltd. (" Talisker " or the " Company ") (TSX:TSK)(OTCQX:TSKFF) is pleased to announce results from drill hole SB-2021-025 at its 100% owned flagship Bralorne Gold Project. Hole SB-2021-025 is the first stepout hole located 200m to the southeast of previously released holes targeting newly discovered bulk-tonnage mineralization at Pioneer.

Key Points:

• Hole SB-2021-025 intersected 1.36 g/t over 68.9m with a larger envelope of 0.8 g/t over 220m.
• The hole is located 200 metres along strike to the southeast from previously released holes SB-2021-026 (1.17 g/t Au over 106.75m), SB-2021-040 (1.02 g/t over 114.15m), SB-2021-048 (1 g/t over 116.25m) and SB-2021-055 (0.68 g/t over 51.50m and 0.87 g/t over 34.55m) which together confirmed a 1.1 kilometre vertical panel of mineralization from surface.
• Pervasive microfracturing hosting a dark matrix of fine-grained pyrite, arsenopyrite and silica is seen frequently within mineralized zones.
• Bulk tonnage mineralization is also observed uphole within the basalt.
• Additional intercepts from hole SB-2021-025 include 2.83 g/t over 14.50m, 1.04 g/t over 17.05m and 0.6 g/t over 12.45m situated up-hole from the targeted zone.
• Stepout hole SB-2021-063, drilled 400 metres to the northwest of hole SB-2021-025 is expected to be released to market shortly.
• Stepout hole SB-2020-69 drilled 600 metres to the northwest of hole SB-2021-025 completed and at the laboratory awaiting assay.

"As our initial stepout from the successful first section containing holes 26, 40 and 48 we are very pleased to see the continuation of grade and intervals previously confirmed for over a kilometre vertically", commented Terry Harbort, Chief Executive Officer of Talisker who added, "We are eagerly awaiting holes 63 and 69 where we also observed high vein density (see table below) and visible gold occurrences in the core logging to confirm mineralization for 600 metres along strike."

A total of 56,703 metres consisting of 98 holes have been drilled this year out of a planned and fully funded 100,000 metre diamond drill program. Since acquiring the Bralorne Gold Project and commencing drilling in February 2020, Talisker has completed 78,883 metres of drilling consisting of 134 holes. Five drill rigs are currently active at the Bralorne Gold Project. There are currently 28 holes consisting of 11,579 samples at the assay laboratory and are expected to be received by the Company shortly.

Table 1: Received and Pending Intercepts with Visible Gold Count and Vein Count
Drill Hole	Intrusive Intercept Thickness (m)		Visible Gold Count	Major Veins	Minor Veins Count		Assay Results	Gram-metres	Section Line Closest to Collar
SB-2021-025		77	0	5	138	1.36g/t over 68.9		104.72	515,800 E
SB-2021-026		108	3	14	172	1.17g/t over 106.75m		124.90	515,600 E
SB-2021-030		130	3	9	97	0.80g/t over 130.9m		104.72	515,600 E
SB-2021-040		440	12	22	626	1.02g/t over 114.15m		116.43	515,600 E
SB-2021-048		790	8	76	1378	1.0g/t over 116.25m		116.25	515,650 E
SB-2021-055		38	0	4	90	0.68g/t over 51.50		35.02	515,600 E
SB-2021-060		101	0	7	208	Results Pending			515,550 E
SB-2021-063		120	4	4	385	Results Pending			515,550 E
SB-2021-066		177	0	9	389	Results Pending			515,450 E
SB-2021-069		427	8	11	873	Results Pending			515,300 E
SB-2021-070		200	1	10	624	Results Pending			515,250 E
SB-2021-072		237	3	25	1263	Results Pending			515,200 E
SB-2021-075		340	4	22	644	Results Pending
SB-2021-076		225	3	16	420	Results Pending
SB-2021-078		Drilling Now	0*	19*	422*	Drilling Now

SB-2021-025A

• Pioneer Block
• Drilled on an azimuth of 227 at a dip of -45.
• Complete results have been received from this hole.
• This hole was drilled to a final depth of 395m on April 9, 2021.

Table 2: Bralorne Gold Project - Drill Hole SB-2021-25
Diamond Drill Hole Name	From (m)	To (m)	Interval (m)	Au (g/t)	Zone	Method Reported
SB-2021-025	157	158	1	0.98	New Bulk Zone		GO_FAA50V10
SB-2021-025	158	159	1	2.64			GO_FAA50V10
SB-2021-025	159	160	1	0.78			GO_FAA50V10
SB-2021-025	160	161	1	0.17			GO_FAA50V10
SB-2021-025	161	162	1	0.77			GO_FAA50V10
SB-2021-025	162	163.15	1.15	0.01			GO_FAA50V10
SB-2021-025	163.15	163.85	0.7	0.50			GO_FAA50V10
SB-2021-025	163.85	164.9	1.05	1.12			GO_FAA50V10
SB-2021-025	164.9	166.05	1.15	0.28			GO_FAA50V10
SB-2021-025	166.05	167.35	1.3	0.04			GO_FAA50V10
SB-2021-025	167.35	168.4	1.05	0.01			GO_FAA50V10
SB-2021-025	168.4	169.45	1.05	0.22			GO_FAA50V10
SB-2021-025	169.45	170.75	1.3	0.01			GO_FAA50V10
SB-2021-025	170.75	172.05	1.3	0.01			GO_FAA50V10
SB-2021-025	172.05	173.15	1.1	0.01			GO_FAA50V10
SB-2021-025	173.15	174.6	1.45	0.01			GO_FAA50V10
SB-2021-025	174.6	176	1.4	0.01			GO_FAA50V10
SB-2021-025	176	177.5	1.5	0.01			GO_FAA50V10
SB-2021-025	177.5	178.75	1.25	0.05			GO_FAA50V10
SB-2021-025	178.75	180	1.25	0.10			GO_FAA50V10
SB-2021-025	180	181.25	1.25	0.03	New Bulk Zone		GO_FAA50V10
SB-2021-025	181.25	182	0.75	0.06			GO_FAA50V10
SB-2021-025	182	183.25	1.25	0.02			GO_FAA50V10
SB-2021-025	183.25	184.15	0.9	0.08			GO_FAA50V10
SB-2021-025	184.15	185.6	1.45	0.03			GO_FAA50V10
SB-2021-025	185.6	186.95	1.35	0.02			GO_FAA50V10
SB-2021-025	186.95	188	1.05	0.14			GO_FAA50V10
SB-2021-025	188	189	1	0.55			GO_FAA50V10
SB-2021-025	189	189.7	0.7	2.07			GO_FAA50V10
SB-2021-025	189.7	191	1.3	0.45			GO_FAA50V10
SB-2021-025	191	191.9	0.9	0.27			GO_FAA50V10
SB-2021-025	191.9	192.6	0.7	0.13			GO_FAA50V10
SB-2021-025	192.6	193.5	0.9	0.14			GO_FAA50V10
SB-2021-025	193.5	194.7	1.2	0.14			GO_FAA50V10
SB-2021-025	194.7	195.6	0.9	3.35			GO_FAA50V10
SB-2021-025	195.6	196.6	1	1.51			GO_FAA50V10
SB-2021-025	196.6	197.6	1	3.60			GO_FAA50V10
SB-2021-025	197.6	198.45	0.85	1.64			GO_FAA50V10
SB-2021-025	198.45	199.6	1.15	0.60			GO_FAA50V10
SB-2021-025	199.6	201	1.4	0.74			GO_FAA50V10
SB-2021-025	201	202.45	1.45	1.49			GO_FAA50V10
SB-2021-025	202.45	203.85	1.4	0.30			GO_FAA50V10
SB-2021-025	203.85	204.4	0.55	0.33			GO_FAA50V10
SB-2021-025	204.4	205.05	0.65	0.68			GO_FAA50V10
SB-2021-025	205.05	206	0.95	0.01			GO_FAA50V10
SB-2021-025	206	207.5	1.5	0.01			GO_FAA50V10
SB-2021-025	207.5	209	1.5	0.01			GO_FAA50V10
SB-2021-025	209	210.05	1.05	0.01			GO_FAA50V10
SB-2021-025	210.05	210.6	0.55	0.70			GO_FAA50V10
SB-2021-025	210.6	212	1.4	0.02			GO_FAA50V10
SB-2021-025	212	213.5	1.5	0.05			GO_FAA50V10
SB-2021-025	213.5	215	1.5	0.01			GO_FAA50V10
SB-2021-025	215	216.5	1.5	0.01			GO_FAA50V10
SB-2021-025	216.5	217.5	1	0.01			GO_FAA50V10
SB-2021-025	217.5	218.5	1	0.01			GO_FAA50V10
SB-2021-025	218.5	219.1	0.6	0.33			GO_FAA50V10
SB-2021-025	219.1	219.85	0.75	1.27			GO_FAA50V10
SB-2021-025	219.85	220.85	1	0.01			GO_FAA50V10
SB-2021-025	220.85	222	1.15	0.01			GO_FAA50V10
SB-2021-025	222	223	1	0.01			GO_FAA50V10
SB-2021-025	223	224.25	1.25	0.03			GO_FAA50V10
SB-2021-025	224.25	225	0.75	0.58			GO_FAA50V10
SB-2021-025	225	226.05	1.05	1.26			GO_FAA50V10
SB-2021-025	226.05	227.3	1.25	0.08	New Bulk Zone		GO_FAA50V10
SB-2021-025	227.3	228.6	1.3	0.01			GO_FAA50V10
SB-2021-025	228.6	229.7	1.1	0.01			GO_FAA50V10
SB-2021-025	229.7	231.15	1.45	0.50			GO_FAA50V10
SB-2021-025	231.15	232.65	1.5	0.44			GO_FAA50V10
SB-2021-025	232.65	234.15	1.5	0.15			GO_FAA50V10
SB-2021-025	234.15	235.45	1.3	0.03			GO_FAA50V10
SB-2021-025	235.45	236.75	1.3	0.01			GO_FAA50V10
SB-2021-025	236.75	237.9	1.15	0.04			GO_FAA50V10
SB-2021-025	237.9	239	1.1	0.28			GO_FAA50V10
SB-2021-025	239	239.8	0.8	0.22			GO_FAA50V10
SB-2021-025	239.8	240.45	0.65	3.72			GO_FAA50V10
SB-2021-025	240.45	241.45	1	0.01			GO_FAA50V10
SB-2021-025	241.45	242.75	1.3	0.19			GO_FAA50V10
SB-2021-025	242.75	244.1	1.35	0.03			GO_FAA50V10
SB-2021-025	244.1	245.35	1.25	0.01			GO_FAA50V10
SB-2021-025	245.35	246.7	1.35	0.01			GO_FAA50V10
SB-2021-025	246.7	247.3	0.6	0.64			GO_FAA50V10
SB-2021-025	247.3	248.35	1.05	0.03			GO_FAA50V10
SB-2021-025	248.35	249.25	0.9	0.01			GO_FAA50V10
SB-2021-025	249.25	250.65	1.4	0.01			GO_FAA50V10
SB-2021-025	250.65	252	1.35	0.01			GO_FAA50V10
SB-2021-025	252	253.45	1.45	0.01			GO_FAA50V10
SB-2021-025	253.45	254.75	1.3	0.01			GO_FAA50V10
SB-2021-025	254.75	255.5	0.75	0.01			GO_FAA50V10
SB-2021-025	255.5	256.25	0.75	2.30			GO_FAA50V10
SB-2021-025	256.25	257	0.75	0.02			GO_FAA50V10
SB-2021-025	257	257.95	0.95	0.01			GO_FAA50V10
SB-2021-025	257.95	258.8	0.85	0.01			GO_FAA50V10
SB-2021-025	258.8	259.8	1	0.02			GO_FAA50V10
SB-2021-025	259.8	260.75	0.95	0.01			GO_FAA50V10
SB-2021-025	260.75	261.5	0.75	0.17			GO_FAA50V10
SB-2021-025	261.5	262.25	0.75	2.77	Main Vein		GO_FAA50V10
SB-2021-025	262.25	263	0.75	32.50			GO_FAA50V10
SB-2021-025	263	263.5	0.5	3.79			GO_FAA50V10
SB-2021-025	263.5	264.25	0.75	1.67			GO_FAA50V10
SB-2021-025	264.25	264.95	0.7	0.94			GO_FAA50V10
SB-2021-025	264.95	266	1.05	2.80			GO_FAA50V10
SB-2021-025	266	267.3	1.3	0.16			GO_FAA50V10
SB-2021-025	267.3	268.4	1.1	0.29			GO_FAA50V10
SB-2021-025	268.4	269.15	0.75	0.01			GO_FAA50V10
SB-2021-025	269.15	269.9	0.75	0.64			GO_FAA50V10
SB-2021-025	269.9	271.1	1.2	0.62			GO_FAA50V10
SB-2021-025	271.1	271.65	0.55	2.73	Main Vein		GO_FAA50V10
SB-2021-025	271.65	272.45	0.8	0.13			GO_FAA50V10
SB-2021-025	272.45	273.4	0.95	0.02			GO_FAA50V10
SB-2021-025	273.4	274.2	0.8	0.02			GO_FAA50V10
SB-2021-025	274.2	274.7	0.5	8.50			GO_FAA50V10
SB-2021-025	274.7	275.25	0.55	0.19			GO_FAA50V10
SB-2021-025	275.25	276.1	0.85	0.04	Main Vein		GO_FAA50V10
SB-2021-025	276.1	277.35	1.25	0.02			GO_FAA50V10
SB-2021-025	277.35	278.3	0.95	0.10			GO_FAA50V10
SB-2021-025	278.3	279.25	0.95	0.09			GO_FAA50V10
SB-2021-025	279.25	280.65	1.4	0.01			GO_FAA50V10
SB-2021-025	280.65	282	1.35	0.01			GO_FAA50V10
SB-2021-025	282	283.15	1.15	0.02			GO_FAA50V10
SB-2021-025	283.15	284.15	1	0.12			GO_FAA50V10
SB-2021-025	284.15	285	0.85	0.01			GO_FAA50V10
SB-2021-025	285	286	1	0.02			GO_FAA50V10
SB-2021-025	286	287	1	0.01			GO_FAA50V10
SB-2021-025	287	288.5	1.5	0.01			GO_FAA50V10
SB-2021-025	288.5	290	1.5	0.01			GO_FAA50V10
SB-2021-025	290	291.5	1.5	0.01			GO_FAA50V10
SB-2021-025	291.5	293	1.5	0.01			GO_FAA50V10
SB-2021-025	293	294.45	1.45	0.01			GO_FAA50V10
SB-2021-025	294.45	295.5	1.05	0.01			GO_FAA50V10
SB-2021-025	295.5	296	0.5	0.16			GO_FAA50V10
SB-2021-025	296	296.5	0.5	0.93			GO_FAA50V10
SB-2021-025	296.5	297.1	0.6	0.32			GO_FAA50V10
SB-2021-025	297.1	298	0.9	0.01			GO_FAA50V10
SB-2021-025	298	298.5	0.5	0.01			GO_FAA50V10
SB-2021-025	298.5	299	0.5	0.14			GO_FAA50V10
SB-2021-025	299	300	1	1.49			GO_FAA50V10
SB-2021-025	300	301.2	1.2	0.01			GO_FAA50V10
SB-2021-025	301.2	302.45	1.25	0.01			GO_FAA50V10
SB-2021-025	302.45	303.9	1.45	0.01			GO_FAA50V10
SB-2021-025	303.9	305.3	1.4	0.01			GO_FAA50V10
SB-2021-025	305.3	306.65	1.35	0.03			GO_FAA50V10
SB-2021-025	306.65	308	1.35	0.07			GO_FAA50V10
SB-2021-025	308	309.35	1.35	0.12	CGFI Bulk		GO_FAA50V10
SB-2021-025	309.35	310.7	1.35	0.35			GO_FAA50V10
SB-2021-025	310.7	312.05	1.35	0.55			GO_FAA50V10
SB-2021-025	312.05	313.4	1.35	0.27			GO_FAA50V10
SB-2021-025	313.4	314.7	1.3	0.06			GO_FAA50V10
SB-2021-025	314.7	315.9	1.2	0.04			GO_FAA50V10
SB-2021-025	315.9	317	1.1	0.16			GO_FAA50V10
SB-2021-025	317	318	1	0.32	CGFI Bulk		GO_FAA50V10
SB-2021-025	318	319	1	0.04			GO_FAA50V10
SB-2021-025	319	319.9	0.9	0.25			GO_FAA50V10
SB-2021-025	319.9	320.9	1	0.68			GO_FAA50V10
SB-2021-025	320.9	322.2	1.3	0.01			GO_FAA50V10
SB-2021-025	322.2	323.4	1.2	0.08			GO_FAA50V10
SB-2021-025	323.4	324.1	0.7	0.03			GO_FAA50V10
SB-2021-025	324.1	324.6	0.5	0.02			GO_FAA50V10
SB-2021-025	324.6	325.55	0.95	0.51			GO_FAA50V10
SB-2021-025	325.55	326.75	1.2	0.65			GO_FAA50V10
SB-2021-025	326.75	327.8	1.05	0.41			GO_FAA50V10
SB-2021-025	327.8	328.8	1	0.49			GO_FAA50V10
SB-2021-025	328.8	330	1.2	0.71			GO_FAA50V10
SB-2021-025	330	331	1	0.03			GO_FAA50V10
SB-2021-025	331	331.5	0.5	0.82			GO_FAA50V10
SB-2021-025	331.5	332.45	0.95	0.39			GO_FAA50V10
SB-2021-025	332.45	333.45	1	0.58			GO_FAA50V10
SB-2021-025	333.45	334.3	0.85	1.23			GO_FAA50V10
SB-2021-025	334.3	335.2	0.9	0.75			GO_FAA50V10
SB-2021-025	335.2	336.5	1.3	0.44			GO_FAA50V10
SB-2021-025	336.5	337.8	1.3	0.26			GO_FAA50V10
SB-2021-025	337.8	339	1.2	1.09			GO_FAA50V10
SB-2021-025	339	340.4	1.4	26.14			GO_FAA50V10
SB-2021-025	340.4	341.7	1.3	0.87			GO_FAA50V10
SB-2021-025	341.7	343.05	1.35	0.37			GO_FAA50V10
SB-2021-025	343.05	344.35	1.3	1.02			GO_FAA50V10
SB-2021-025	344.35	345.3	0.95	0.48			GO_FAA50V10
SB-2021-025	345.3	345.95	0.65	0.22			GO_FAA50V10
SB-2021-025	345.95	346.6	0.65	0.61			GO_FAA50V10
SB-2021-025	346.6	347.6	1	0.76			GO_FAA50V10
SB-2021-025	347.6	348.75	1.15	0.22			GO_FAA50V10
SB-2021-025	348.75	349.25	0.5	1.02			GO_FAA50V10
SB-2021-025	349.25	349.9	0.65	4.17			GO_FAA50V10
SB-2021-025	349.9	350.55	0.65	0.45			GO_FAA50V10
SB-2021-025	350.55	351.65	1.1	0.35			GO_FAA50V10
SB-2021-025	351.65	352.75	1.1	5.85			GO_FAA50V10
SB-2021-025	352.75	353.9	1.15	0.50			GO_FAA50V10
SB-2021-025	353.9	355	1.1	14.99			GO_FAA50V10
SB-2021-025	355	356.2	1.2	0.77			GO_FAA50V10
SB-2021-025	356.2	357.4	1.2	0.53			GO_FAA50V10
SB-2021-025	357.4	358.55	1.15	0.59			GO_FAA50V10
SB-2021-025	358.55	359.45	0.9	0.06			GO_FAA50V10
SB-2021-025	359.45	360.4	0.95	0.67			GO_FAA50V10
SB-2021-025	360.4	361.6	1.2	0.03			GO_FAA50V10
SB-2021-025	361.6	362.75	1.15	0.22	CGFI Bulk		GO_FAA50V10
SB-2021-025	362.75	363.95	1.2	0.27			GO_FAA50V10
SB-2021-025	363.95	365.25	1.3	0.30			GO_FAA50V10
SB-2021-025	365.25	366.3	1.05	0.75			GO_FAA50V10
SB-2021-025	366.3	367.5	1.2	1.48			GO_FAA50V10
SB-2021-025	367.5	368.75	1.25	0.11			GO_FAA50V10
SB-2021-025	368.75	369.75	1	0.08			GO_FAA50V10
SB-2021-025	369.75	370.75	1	2.47			GO_FAA50V10
SB-2021-025	370.75	371.55	0.8	1.55			GO_FAA50V10
SB-2021-025	371.55	372.55	1	1.64			GO_FAA50V10
SB-2021-025	372.55	374	1.45	0.24			GO_FAA50V10
SB-2021-025	374	375.5	1.5	0.07			GO_FAA50V10
SB-2021-025	375.5	376.9	1.4	0.43			GO_FAA50V10
Notes: Diamond drill hole SB-2021-025 has collar orientation of Azimuth 227; Dip -45. 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.

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.

For further information please contact Terry Harbort, Chief Executive Officer of Talisker, at terry.harbort@taliskerresources.com .

Related Links

https://taliskerresources.com/

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 mineralization. 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.

Caution Regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Talisker's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, effective time of the rights provided to New Gold under the Investor Rights Agreement, the completion of New Gold's strategic investment; the completion of the Offering, the use of proceeds, the operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to Talisker. Although such statements are based on reasonable assumptions of Talisker's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

While Talisker considers these statements to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include market risks and the demand for securities of the Company, risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.

The forward-looking information contained in this news release is made as of the date hereof, and Talisker is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Figure 1: Pioneer zone with drill traces of completed drill hole SB-2021-025

Figure 2: Plan view map showing drill hole collar and traces within the Pioneer Zone.

Figure 3: Example of bulk tonnage mineralization within the Granite. Strong Major and Minor veining with pervasive Silica alteration between 349m-358.25m in hole SB-2021-025.

SOURCE: Talisker Resources Ltd.

View source version on accesswire.com:
https://www.accesswire.com/664323/Talisker-Intercepts-136-GT-Over-689-Metres-Within-08-GT-Over-220-Metres-With-200-Metre-Stepout-at-Pioneer

FAQ

What are the results of drill hole SB-2021-025 for Talisker Resources (TSKFF)?

Drill hole SB-2021-025 intersected 1.36 g/t gold over 68.9 meters and confirmed extensive mineralization.

What is the significance of the Bralorne Gold Project for Talisker Resources (TSKFF)?

The Bralorne Gold Project is Talisker's flagship project, with confirmed mineralization extending over 1.1 kilometers.

What are the plans for further drilling at the Bralorne Gold Project?

Talisker plans to continue its 100,000-meter drilling program, with multiple holes pending assay results.

How does the recent drilling impact Talisker Resources' (TSKFF) growth outlook?

Positive drill results may enhance Talisker's growth outlook by confirming significant gold resources.