TSK.TO · 2022-03-22 12:00:00

Talisker Announces Multiple High-Grade Results from the Historic Ownership Gap Between the Bralorne and Pioneer Mines

Drill Results

Talisker Announces Multiple High-Grade Results from the Historic

Ownership Gap Between the Bralorne and Pioneer Mines

TORONTO

March 22, 2022

/CNW/ - Talisker Resources Ltd. ("

Talisker

" or the "

Company

") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce further high-

grade results from multiple drill holes highlighted by

21.50 g/t Au over 2.00 metres within 7.39 g/t Au over 6.00 metres

(SBP-2021-020) and

16.24 g/t Au

over 1.50 metres

(SBP-2021-015) at its 100% owned flagship Bralorne Gold Project.

Key Points:

The holes in this release are located within the Bralorne East and Pioneer Block. Multiple new, unmodelled veins were intersected around the 51 vein.

Hole SBP-2021-020 intersected high grade gold highlighted by

21.50 g/t Au over 2.00 metres within 7.39 g/t Au over 6.00 metres (New Vein).

Hole SBP-2021-015 intersected two veins highlighted by

16.24 g/t Au over 1.50 metres (51 Vein) and 12.30 g/t Au over 1.00 meters (New Vein).

Hole SBP-2021-013 intersected

17.35 g/t Au over 1.00 metres within 9.49 g/t Au over 2.00 metres

(

New Vein

All new veins are currently being modelled to understand the strike and dip potential.

Talisker drilling to date at the Bralorne Gold Project has produced 291 vein intersections with a combined weighted average diluted grade of 8.34 g/t over an

average intersection length of 1.85 metres.

Terry Harbort

, President and CEO of Talisker, commented, "As the last assay results from our 2021 resource definition drill program are received from the

laboratory, we continue to build confidence and confirm the grade continuity within the known veins. As we approach our maiden resource statement, the project

continues to show strong upside with the discovery of new veins proving that the full potential of the Bralorne Gold Project has yet to be unlocked."

Nine diamond drills are now operating at the Bralorne Gold Project. A total of 122,848 metres (257 holes) has been drilled since Talisker initiated drilling at the

Project in

February 2020

. Currently, there are 7,347 samples at the assay laboratory, which are expected to be received by the Company shortly.

Hole Descriptions:

SBP-2021-013 Hole Description

Complete results received

Located in the Pioneer block and intersected granitic intrusive

New Vein intersected from 398.00 to

400.00 m

SBP-2021-015 Hole Description

Complete results received

Located in the Bralorne East block and intersected granitic intrusive

New Vein intersected from 200.00 to

201.00 m

51 Vein intersected from 243.50 to

245.00 m

SBP-2021-020 Hole Description

Complete results received

Located in the Pioneer block and intersected volcanics and granitic intrusive

New Vein intersected from 380.00 to

382.00 m

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.

All reported drill assay results are available on the Company's website at the following link:

https://taliskerresources.com/bralorne-gold-project-released-drill-results/

Table 1: Bralorne Gold Project - Drill Holes SB-2021-013, 015, 020

Diamond Drill

Hole Name

From

(m)

Interval

(m)

(g/t)

Zone

Method Reported

SBP-2021-013

398

399

17.35

New Vein

Au-AA26

SBP-2021-013

399

400

1.63

Au-AA26

SBP-2021-015

200

201

12.30

New Vein

Au-AA26

SBP-2021-015

243.5

244

0.5

47.00

51 Vein

Au-AA26

SBP-2021-015

244

244.5

0.5

0.52

Au-AA26

SBP-2021-015

244.5

245

0.5

1.21

Au-AA26

SBP-2021-020

380

381

30.30

New Vein

Au-AA26

SBP-2021-020

381

382

12.70

Au-AA26

SBP-2021-020

382

383

0.55

Vein Halo

Au-AA26

SBP-2021-020

383

384

0.47

Au-AA26

SBP-2021-020

384

385

0.14

Au-AA26

SBP-2021-020

385

386

0.20

Au-AA26

Notes: RC drill hole SBP-2021-013 has a collar orientation of Azimuth 178; Dip -45. RC drill hole SBP-2021-015 has a collar orientation of Azimuth 177; Dip -45. RC drill hole SBP-2021-020 has a collar orientation of Azimuth 174; Dip -53. 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 (

taliskerresources.com

)

is a junior resource company involved in exploring gold projects in

British Columbia, Canada

. Talisker's projects include two

advanced-stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced-stage projects with significant exploration potential from

historical high-grade producing gold mines, 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 296,983 hectares over 346 claims, three leases and 198 crown grant claims,

Talisker is a dominant exploration player in south-central

British Columbia

. The Company is well funded to advance its aggressive, systematic exploration program

at its projects.

Sample Preparation and QAQC

Diamond drilling 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

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 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 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 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 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: SBP-2021-013, 015 and 020 hole locations within the Bralorne East and Pioneer Blocks. (CNW Group/Talisker Resources Ltd)

Figure 2: SBP-2021-013 cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)

Figure 4: SBP-2021-020 cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)

Figure 3: SBP-2021-015 cross section with vein intersections and grade. (CNW Group/Talisker Resources Ltd)

View original content to download multimedia:

https://www.prnewswire.com/news-releases/talisker-announces-multiple-high-grade-results-from-the-historic-ownership-gap-between-the-bralorne-and-pioneer-mines-301507588.html

SOURCE

Talisker Resources Ltd

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/March2022/22/c1026.html

%SEDAR: 00005798E

For further information:

Terry Harbort, President and CEO, [email protected], +1 416 361 2808; Matt Filgate, Vice President, Corporate

Development, [email protected], +1 778 679 3579

CO: Talisker Resources Ltd

CNW 07:00e 22-MAR-22

← Back to feed