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Talon Metals Joins DPI Mining's Responsible Sourcing Coalition as a Supporter

Corporate Updates

Talon Metals Joins DPI Mining's Responsible

Sourcing Coalition as a Supporter

Tamarack, Minnesota--(Newsfile Corp. - September 23, 2022) - Talon Metals Corp. (TSX: TLO) (OTC

Pink: TLOFF) ("

Talon

" or the "

Company

") and the Development Partner Institute ("

DPI Mining

") are

pleased to announce that Talon has joined as a Supporter for the Responsible Sourcing Coalition, or

RESCO.

DPI Mining and Talon share a vision for sustainability across the whole value chain and are committed to

furthering the conversations and work amongst stakeholders to drive responsible sourcing in the mining

sector. DPI Mining is thrilled to welcome Talon as a supporter of the work DPI Mining is doing in

RESCO.

As the demand for battery minerals escalates, mining's critical role in shaping society and access to

renewable energy continues apace.

As RESCO continues to bring together the voices of mining value chain participants, DPI Mining

welcomes the fresh perspective that Talon will bring especially given its innovative approach in its nickel

project.

DPI Mining is pleased that Talon is committed to working with tribal sovereign governments and tribal

communities.

DPI Mining respects and acknowledges the enduring connection of indigenous people to lands and

culture. DPI Mining sees opportunities for deep engagement to create shared purpose, in line with the

pillars of DPI Mining's

Development Partner Framework

.

"The funding from Talon will be valuable as we continue to build momentum and energy through our

visioning work and our responsible sourcing coalition,"

said Executive Director Wendy Tyrrell.

Chairman and co-founder of DPI Mining, Peter Bryant, welcomed Talon,

"It's great to have Talon Metals'

support and participation in RESCO as they reimagine mining from both an ESG and technical

perspective."

The Responsible Sourcing Coalition is a coalition for an ethical mining value chain, mine to consumer. It

brings together organisations and individuals from right across the mineral value chain. DPI recognizes

that a company's choice to source responsibly has profound impacts across the value chain in

challenging the manufacturers, fabricators, and companies that mine the raw metals and minerals.

RESCO exists to accelerate the creation of a 'whole of value chain' response to responsibly sourcing

minerals and metals to ultimately drive more demand for responsibly sourced practices and products, a

mission Talon is committed to.

"We are thrilled to join a multi-stakeholder group like RESCO that brings together diverse

perspectives to discuss how society can address climate change and protect the natural environment

and cultural resources. Participants in RESCO are clear eyed about the metallic mineral

requirements of the energy transition, but they want to make sure that these infinitely recyclable

natural resource like nickel are extracted responsibly with strong environmental and cultural

protections, broad based economic benefits,"

said Todd Malan, Chief External Affairs Officer and Head

of Climate Strategy for Talon.

In partnership with a range of stakeholders, DPI Mining's Responsible Sourcing Coalition is continuing

through 2022 to lead a multi-stakeholder effort to identify and fill gaps in the whole of value chain

conversation.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/2443/138111_7dc1f221e47769e0_001full.jpg

______________

ABOUT TALON

Talon is a TSX-listed base metals company in a joint venture with

Rio Tinto

on the high-grade

Tamarack

Nickel-Copper-Cobalt Project

located in central Minnesota. Talon's shares are also traded in the US

over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land

position (18km of strike length) with high-grade intercepts

outside the current resource area

. Talon has

an earn-in right to acquire up to 60% of the Tamarack Nickel Project, and currently owns 51%. Talon is

focused on (i) expanding and infilling its current high-grade nickel mineralization resource prepared in

accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and (ii)

following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Talon has

an agreement with Tesla Inc.

to supply it with 75,000 metric tonnes (165 million lbs) of nickel in

concentrate (and certain by-products, including cobalt and iron) from the Tamarack Nickel Project over

an estimated six-year period once commercial production is achieved. Talon has well-qualified

experienced exploration, mine development, external affairs and mine permitting teams.

For additional information on Talon, please visit the Company's website at

www.talonmetals.com

or

contact:

Media Contact:

Todd Malan

1 (202) 714-8187

[email protected]

Investor Contact:

Sean Werger

1 (416) 361-9636 x102

[email protected]

ABOUT DEVELOPMENT PARTNER INSTITUTE

At DPI, we have a clear vision for the future of the sector. We want to build a movement to propel us to a

better future, for all.

We imagine and industry that is deeply connected to the values of tomorrow's generation; transparent

and fair, equal and inclusive and genuine partner in global development. Our purpose is to accelerate

this future through our work and influence.

DPI Mining exists to accelerate the delivery of a new future for the mining sector.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/138111