Talisker Engages SGS Canada Inc. for a Preliminary Economic Assessment and Mineral Resource Update on the Bralorne Gold Project
Talisker Resources Ltd.
130 Adelaide Street West, Suite 3002
Toronto, Ontario M5H 3P5
TSK
TSKFF
TSX OTCQB
Talisker Engages SGS Canada Inc. for a
Preliminary Economic Assessment and Mineral Resource Update
on the Bralorne Gold Project
Toronto, Ontario, January 7, 2026 – Talisker Resources Ltd. (“ Talisker” or the “ Company”) (TSX: TSK,
OTCQB: TSKFF) is pleased to announce that it has engaged SGS Canada Inc. (“SGS”) to complete a National
Instrument 43-101 (“NI 43-101”) compliant Technical Report incorporating a Mineral Resource Estimate
(“MRE”) and Preliminary Economic Assessment (“PEA”) for the Bralorne Gold Project. The MRE will update
the estimate in the Company’s current Technical Report (completed in 2023) and incorporate an
additional 138 drill holes ( representing 31,093m of drill core ), as well as the depletion of areas already
mined by Talisker at the Mustang Mine in 2025. O perations at the Bralorne Gold Project are currently in
the commissioning / ramp-up phase. In addition, Talisker has engaged third-party consultants to complete
studies regarding mining, infrastructure, process, capital and operation costs, as well as economic studies.
The information from these studies will be provided to SGS for review and incorporation in the PEA. The
Technical Report with both the MRE and PEA is expected to be completed during Q2 2026.
Terry Harbort, Talisker’s President and CEO, commented: “We are pleased to have engaged a strong multi-
disciplinary group such as SGS to conduct our Mineral Resource Estimate update and Preliminary
Economic Assessment. The PEA will incorporate design and infrastructure criteria for the expansion of
our Mustang Mine and the new Olympus Mine, providing an independent NI 43-101 compliant framework
to support our current operations and future growth plans. This is the beginning of an exciting year for
Talisker!"
The MRE will be prepared in accordance with Canadian institute of Mining (CIM) Estimation of Mineral
Resources and Mineral Reserves Best Practice Guidelines (2019). The Technical Report with the updated
MRE will comply with all disclosure requirements for mineral resources set out for NI 43-101. Additionally,
the classification of the updated mineral resource will be consistent with CIM Definition Standards - For
Mineral Resources and Mineral Reserves (2014).
For further information, please contact:
Lindsay Dunlop
Vice President, Investor Relations
📞📞 +1 647 274 8975
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 producing 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 has a
significant landholding in the emerging Spences Bridge Gold Belt, and several other early -stage
Greenfields projects.
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Caution Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward -looking information, including but
not limited to: the results and impact of the MRE and PEA and the anticipated timing of the Technical
Report. 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. 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. In particular, the Company advises that it does not have defined mineral reserves
and it has not based its production decision on a feasibility study of mineral reserves demonstrating
economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any
particular level of recovery of minerals or the cost of such recovery, including increased risks associated
with developing a commercially mineable deposit.
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, development and operation 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 p ersonnel, operational 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 shareholder and
regulatory approvals. Furthermore, historically, projects that are in production without defined mineral
reserves have a much higher risk of economic and technical failure. There is no guarantee that production
will proceed as anticipated or at all or that anticipated production costs will be achieved.
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.