Talisker Announces Additional High-Grade Drill Results from the Bralorne Gold Project Resource Conversion Program
Talisker Resources Ltd.
130 Adelaide Street West, Suite 3002
Toronto, Ontario M5H 3P5
TSK
TSKFF
TSX OTCQX
Talisker Announces Additional High-Grade Drill Results from the
Bralorne Gold Project Resource Conversion Program
Toronto, Ontario, January 11, 2024 – Talisker Resources Ltd. (“ Talisker” or the “ Company”) (TSX:TSK |
OTCQX:TSKFF) is pleased to announce additional high-grade drill results highlighted by 40.82 g/t Au over
2.60 metres within a broader interval of 8.54 g/t over 13.45 metres at its 100% owned flagship Bralorne
Gold Project.
Key Points:
• Talisker initiated resource conversion drilling on October 17, 2023 with 15,000 metres of planned
drilling.
• Hole SB-2023-009 intersected 40.82 g/t Au over 2.60 metres within a broader interval of 8.54 g/t Au
over 13.45 metres on the BK Vein.
• Hole SB-2023-009 also intersected 11.62 g/t Au over 3.05 metres within a broader interval of 2.46
g/t Au over 25.35 metres on the BK9870.
• The BK and BK9870 structures overlap, creating a larger mineralized interval of 4.05 g/t Au over 43.95
metres.
• Hole SB-2023-010 intersected 8.51 g/t Au over 2.05 metres within a broader interval of 3.72 g/t over
11.30 metres on the C4 Vein.
• The resource conversion drill program is focused on increasing confidence in the Alhambra and BK
Vein.
Terry Harbort, President and CEO of Talisker, stated, “We are very pleased to start the new year with such
strong results, returning both high-grade and extensive vein intercepts. Hole SB-2023-009 targeted stopes
planned for extraction in 2025 and shows robust along- strike continuity of the BK structure. We are
expecting a consistent flow of assay results throughout the next 5-6 months from our ongoing 2023-2024
resource conversion drill program.”
SB-2023-009 Description
• All assays have been received
• Located in King block and hosted in diorite intrusive
• BK9870 vein intersected from 114.20 – 115.45 m
• BK9870 vein splay intersected from 124.50 – 127.20 m
• BK Vein intersected from 147.85 – 151.60 m
SB-2023-010 Description
• All assays have been received
• Located in King block and hosted in diorite intrusive
• C4 Vein intersected from 187.20 – 188.75 m
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Major vein structures intersected are considered classic Bralorne crack -seal quartz-carbonate veins with
densely banded sulphide septae. Crack -seal septae host fine -grained arsenopyrite and pyrite
mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.
Table 1: Bralorne Gold Project - Drill Holes SB-2023-009 and 2023-010
Diamond Drill Hole Name From
(m)
To
(m)
Interval
(m)
Au
(g/t) Interpreted Structure
SB-2023-009 108.65 109.25 0.6 1.85
BK9870 Vein Halo SB-2023-009 109.25 110.6 1.35 0.08
SB-2023-009 110.6 112.1 1.5 0.55
SB-2023-009 112.1 113.15 1.05 0.62
SB-2023-009 113.15 114 0.85 2.04
BK9870 Vein SB-2023-009 114 114.5 0.5 58.80
SB-2023-009 114.5 115 0.5 2.23
SB-2023-009 115 115.6 0.6 1.01
BK9870 Vein Halo
SB-2023-009 115.6 116.2 0.6 4.32
SB-2023-009 116.2 117 0.8 0.34
SB-2023-009 117 118 1 0.08
SB-2023-009 118 119.5 1.5 0.06
SB-2023-009 119.5 121 1.5 0.26
SB-2023-009 121 121.7 0.7 0.28
SB-2023-009 121.7 122.75 1.05 3.81
SB-2023-009 122.75 123.3 0.55 3.12
SB-2023-009 123.3 124 0.7 4.06
SB-2023-009 124 124.5 0.5 3.48
SB-2023-009 124.5 125 0.5 0.60
BK9870 Splay
SB-2023-009 125 125.5 0.5 2.04
SB-2023-009 125.5 126 0.5 0.95
SB-2023-009 126 126.7 0.7 1.47
SB-2023-009 126.7 127.2 0.5 3.26
SB-2023-009 127.2 127.7 0.5 0.74
SB-2023-009 127.7 128.3 0.6 0.03
BK9870 Vein Halo
SB-2023-009 128.3 129 0.7 0.35
SB-2023-009 129 129.95 0.95 2.49
SB-2023-009 129.95 131.05 1.1 1.34
SB-2023-009 131.05 131.55 0.5 1.97
SB-2023-009 131.55 132.5 0.95 0.65
SB-2023-009 132.5 133 0.5 2.33
SB-2023-009 133 134 1 1.30
SB-2023-009 134 135 1 0.01
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Table 1: Bralorne Gold Project - Drill Holes SB-2023-009 and 2023-010
Diamond Drill Hole Name From
(m)
To
(m)
Interval
(m)
Au
(g/t) Interpreted Structure
SB-2023-009 135 135.7 0.7 0.02
BK9870 Vein Halo SB-2023-009 135.7 136.25 0.55 0.68
SB-2023-009 136.25 136.95 0.7 0.37
SB-2023-009 136.95 138 1.05 0.02
SB-2023-009 138 139.15 1.15 0.03
BK Vein Halo
SB-2023-009 139.15 140 0.85 0.29
SB-2023-009 140 141 1 0.74
SB-2023-009 141 142 1 0.56
SB-2023-009 142 142.5 0.5 1.90
SB-2023-009 142.5 143.5 1 1.51
SB-2023-009 143.5 144.5 1 1.58
SB-2023-009 144.5 145.35 0.85 0.30
SB-2023-009 145.35 145.85 0.5 0.13
SB-2023-009 145.85 146.35 0.5 0.42
SB-2023-009 146.35 146.85 0.5 0.72
SB-2023-009 146.85 147.35 0.5 1.16
SB-2023-009 147.35 147.85 0.5 1.78
BK Vein
SB-2023-009 147.85 149 1.15 0.17
SB-2023-009 149 150 1 42.70
SB-2023-009 150 150.5 0.5 2.78
SB-2023-009 150.5 151 0.5 1.10
SB-2023-009 151 151.6 0.6 102.50
SB-2023-009 151.6 152.1 0.5 0.65 BK Vein Halo
SB-2023-009 152.1 152.6 0.5 0.38
SB-2023-010 186.7 187.2 0.5 1.85 C4 Vein Halo
SB-2023-010 187.2 188 0.8 9.06 C4 Vein
SB-2023-010 188 188.75 0.75 9.09
SB-2023-010 188.75 189.25 0.5 6.78
C4 Vein Halo
SB-2023-010 189.25 189.75 0.5 5.84
SB-2023-010 189.75 190.5 0.75 2.48
SB-2023-010 190.5 191.5 1 4.98
SB-2023-010 191.5 192.5 1 3.94
SB-2023-010 192.5 193.5 1 2.68
SB-2023-010 193.5 194.5 1 2.66
SB-2023-010 194.5 195 0.5 2.29
SB-2023-010 195 195.5 0.5 1.97
SB-2023-010 195.5 196 0.5 2.29
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Table 1: Bralorne Gold Project - Drill Holes SB-2023-009 and 2023-010
Diamond Drill Hole Name From
(m)
To
(m)
Interval
(m)
Au
(g/t) Interpreted Structure
SB-2023-010 196 196.5 0.5 0.95
C4 Vein Halo SB-2023-010 196.5 197 0.5 1.18
SB-2023-010 197 198 1 0.28
Notes: Diamond drill hole SB-2023-009 has a collar orientation of Azimuth 330; Dip -69. Diamond drill hole SB-2023-010 has a
collar orientation of Azimuth 331; Dip -52. 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.
All reported drill assay results are available on the Company’s website.
For further information, please contact:
Terry Harbort
President and CEO
+1 416 357 0227
Matt Filgate
Vice President, Corporate Development
+1 778 679 3579
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 (taliskerresources.com) is a junior resource company involved in the exploration and development
of gold projects in British Columbia, Canada. Talisker’s flagship asset is the high -grade, fully permitted
Bralorne Gold Project where the Company is currentl y transitioning into underground production at the
Mustang Mine. Talisker projects also include the Ladner Gold Project, an advanced stage project with
significant exploration potential from an historical high-grade producing gold mine and the 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 QAQC
Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm,
respectively). Drill core samples are a minimum of 50 cm and a maximum of 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 makeup
9% of the samples submitted to the lab for holes reported in this release. ALS Global performs sample
preparation and analyses in North Vancouver, British Colum bia, Canada and SGS Canada in Burnaby,
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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 analyzed 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
analyzed 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 Statements
Certain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance and include statements regarding the Royalty
Transaction, including the expected closing date. 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 bas ed on Talisker’s
current belief or assumptions as to the outcome and ti ming of such future events. Various assumptions
or factors are typically applied in drawing conclusions or making the forecasts or projections set out in
forward-looking information. 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.
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 impl ied by the forward -looking information. 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, access
and supply risks, reliance on key personnel, o perational risks, regulatory risks, including risks relating to
the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and
environmental risks and risks relating to the failure to receive all requisite s hareholder and regulatory
approvals.
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. 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.
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Figure 1: Plan view section of holes SB-2023-009-010 drilling within the proposed Mustang Mine footprint.
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Figure 2: Hole SB-2023-009 intersection on the BK and BK9870 veins within the northwestern portion of the proposed Mustang Mine.
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Figure 3: Hole SB-2023-010 intersection on the C4 vein in the southeastern portion of the proposed Mustang Mine.