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Talisker Files Annual Information Form and Technical Report for the Bralorne Gold Project

Resource Estimates Technical Reports (NI 43-101) Financials

Talisker Files Annual Information Form and

Technical Report for the Bralorne Gold Project

TORONTO, ON

,

Sept. 2, 2020

/CNW/ - Talisker Resources Ltd. ("

Talisker

" or the "

Company

")

(CSE: TSK) (OTCQX: TSKFF) is pleased to announce that it has filed an Annual Information Form

for the year ended

December 31, 2019

(the "AIF") and a technical report (the "Technical Report")

prepared in accordance with National Instrument 43-101 –

Standards for Disclosure for Mineral

Projects

("NI 43-101") in respect of the "Bralorne Gold Project, located in Bralorne,

British

Columbia

". The Technical Report includes the Mineral Resource Estimate as outlined in the table

below, which updates the historical resource estimate. The Technical Report has an effective date

of

July 24, 2020

and includes information on the Bralorne Gold Project up to that date. Both the AIF

and the Technical Report may be found on the Company's website or under the Company's profile at

www.sedar.com

.

Terry Harbort

, President & CEO stated, "The Technical Report updates the historical resource

prepared by the prior owner,

Avino Silver

& Gold Mines, at the Bralorne Gold Project. The current

resource estimate is limited to the area between the historic Bralorne and King mines where Avino

concentrated its test mining activities and does not include any of the recent exploration drilling

conducted by Talisker since acquiring the Project. The Technical Report also provides an update on

activities undertaken by Talisker since the acquisition of the Project in

December 2019

including the

expansion of the Project through various land acquisitions and details of the Company's 2020 drill

program."

Mineral Resource for Bralorne Gold Project

Vein

Measured

Indicated

Measured & Indicated

Inferred

Tons

Au

opt

Au

Ounces

Tons

Au

opt

Au

Ounces

Tons

Au

opt

Au

Ounces

Tons

Au

opt

Au

Ounces

51b FW

8,000

0.265

2,000

29,000

0.210

6,000

38,000

0.222

8,000

136,000

0.203

26,000

51bFW/HW

25,000

0.620

16,000

25,000

0.667

16,000

35,000

0.415

14,000

Alhambra

15,000

0.284

4,000

15,000

0.275

4,000

30,000

0.280

8,000

9,000

0.204

2,000

BK

21,000

0.481

10,000

47,000

0.351

16,000

68,000

0.391

26,000

35,000

0.184

6,000

BK-9870

6,000

0.548

3,000

7,000

0.277

2,000

13,000

0.396

5,000

2,000

0.243

1,000

BKN

35,000

0.380

13,000

35,000

0.380

13,000

44,000

0.314

14,000

Prince

0

12,000

0.173

2,000

Shaft

40,000

0.283

11,000

40,000

0.283

11,000

24,000

0.283

7,000

Taylor

13,000

0.174

2,000

1,000

0.174

3,000

21,000

0.235

5,000

TOTAL

49,000

0.394

19,000

211,000

0.341

72,000

260,000

0.351

91,000

317,000

0.231

78,000

Notes:

1.

Numbers are rounded and therefore may not add up exactly.

2.

Mineral Resources reported demonstrate reasonable prospect of eventual economic extraction, as required under NI 43-101. Mineral Resources are not Mineral Reserves and

do not have demonstrated economic viability.

3.

The Mineral Resources may be materially affected by environmental, permitting, legal, marketing, and other relevant issues.

4.

Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral

reserves. However, it is reasonably expected that the majority of Inferred Mineral Resources could have been upgraded to Indicated Resources.

The Mineral Resource Estimate for the Bralorne Gold Project in the Technical Report was prepared

by Mr.

Garth Kirkham

(P.Geo), Principal of Kirkham Geosystems Ltd. The effective date of the

Mineral Resource Estimate is

July 24

, 2020. Mr.

Garth Kirkham

is an independent "Qualified

Person" pursuant to NI 43-101 and reviewed and approved the technical information relating to the

Mineral Resource Estimate in this press release. For additional information, including with respect to

the key assumptions, parameters and methods used in respect of the Mineral Resource Estimate,

refer to Technical Report available on SEDAR.

About Talisker Resources Ltd.

Talisker (taliskerresources.com) is a junior resource company involved in the exploration of gold

projects in

British Columbia, Canada

. Talisker's projects include the Bralorne Gold Project, 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. With its properties

comprising 291,339 hectares over 322 claims, six leases and 181 crown grant claims, Talisker is a

dominant exploration player in the south-central

British Columbia

. The Company is well funded to

advance its aggressive systematic exploration program at its projects.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the

CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,

securities commission or other regulatory authority has approved or disapproved the information

contained herein.

SOURCE

Talisker Resources Ltd

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2020/02/c2352.html

%SEDAR: 00005798E

For further information:

Terry Harbort, Chief Executive Officer,

[email protected], +1 416 361 2808

CO: Talisker Resources Ltd

CNW 18:33e 02-SEP-20