Talisker Intersects 1.56 g/t Gold over 14 m and 23.76 g/t Gold Over 0.50 m of Near-Surface Gold …

Technical staff are continuing to interpret the results in support of the current geological model and will be included in the dataset that will be used to define a resource estimate expected in 2022.

In contrast to the high-grade gold veins historical mined and situated below, gold mineralization at the Charlotte Zone occurs as a series of structures with high-grade centres; these structures are typically wider and lower grade compared to the high-grade veins below, indicating the potential for a larger-scale bulk mining method.

With this clearer picture in mind, we will continue to expand and delineate this near-surface gold mineralization towards the King and East Bralorne Blocks, while also continuing to define the high-grade gold veins immediately below.

Notes: Diamond drill hole SB-2021-002 has collar orientation of Azimuth 116; Dip -45.Diamond drill hole SB-2021-003A has collar orientation of Azimuth 194; Dip -59.

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.

Sample preparation and analyses is carried out by ALS Global, at their laboratory in North Vancouver, British Columbia, Canada.

Samples where visible gold was observed are sent directly to screen metallics analysis and all samples that fire assay above 3 ppm Au are re-analysed with method Au-SCR24 which employs a 1kg pulp screened to 100 microns with assay of the entire oversize fraction and duplicate 50g assays on the undersize fraction.

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.

Such factors include 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 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.

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