TSK.TO · 2022-01-13 12:00:00

Talisker Restarts drilling at Bralorne and Continues to Intercept New High-Grade Veins

Drill Results

Talisker Restarts drilling at Bralorne and

Continues to Intercept New High-Grade Veins

TORONTO

Jan. 13, 2022

/CNW/ - Talisker Resources Ltd. ("

Talisker

" or the "

Company

") (TSX:

TSK) (OTCQX: TSKFF) is pleased to announce the restart of drilling at its 100% owned flagship

Bralorne Gold Project. In addition, the Company has received high-grade results from drill hole SB-

2021-077A highlighted by

22.99 g/t Au over 2.0 metres within 2.89 g/t Au over 18.40 metres.

Key Points:

The Company has initiated drilling with a total of six drill rigs with a seventh starting later in the

month.

Hole SB-2021-077A intersected high-grade mineralization within a newly defined vein highlighted

22.99 g/t Au over 2.0 metres within a broader zone of 2.89 g/t Au over 18.40 metres.

Another new vein was intersected between 664.5 and 665 metres grading 9.08 g/t Au.

The 55FW vein was intersected between 900.28 and 901.3 metres grading 6.47 g/t Au.

SB-2021-077A is the 10

intersection on the 55FW vein.

The 53 vein was intersected at a depth of 1,007.7 metres and graded 35.40 g/t over 0.5 metres

within 3.14 g/t Au over 6.20 metres.

SB-2021-077A is the 34

intersection on the 53 vein highlighted by previously released results

of 6.83 g/t Au over 1.5 metres (hole SB-2020-008), 16.42 g/t Au over 1.10 metres (hole SB-

2021-012) and 8.67 g/t Au over 1.25 metres within 2.04 g/t Au over 15.10 metres (hole SB-

2021-049).

The Company continues to advance rapidly to its maiden resource for the Bralorne Gold Project

expected during Q2 2022.

Terry Harbort

, President and CEO of Talisker commented, "We are very pleased to be starting

drilling again at Bralorne following what was a challenging 2021 for our communities, staff and the

junior exploration industry as a whole. Talisker advanced strongly last year with our drill program and

we invisage a further

20,000m

to reach our planned resource target."

A total of 83,847 metres consisting of 164 holes of a planned and fully funded 100,000 metres was

drilled at the Bralorne Gold Project in 2021 with a total of 104,162 metres (197 holes) completed

since Talisker initiated drilling in

February 2020

. A total of 28,833 samples are currently at the

assay laboratory and are expected to be received by the Company shortly.

SB-2021-077A Hole Description

Complete results have been received for this hole.

Located in the Bralorne West block and centrally located within the Bralorne Diorite intrusive.

Broad zones of mineralization related to a new vein intersected from 222.10 to

240.00m

55 Footwall vein intersected from 900.28 to

901.82m

53 vein intersected from 1,007.70 to

1,009.00m

with visible gold.

Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate

veins with densely banded sulphide septae hosting fine-grained arsenopyrite and pyrite

mineralization with strong silica-sericite alteration halos.

Zones of broader mineralization are hosted in both the granitic intrusive and diorite as zones of

increased veinlet density associated with intense silica-sericite alteration and disseminated

pyrite-arsenopyrite mineralization.

Table 1: Bralorne Gold Project - Drill Hole SB-2021-077A

Diamond Drill

Hole Name

From

(m)

Interval

(m)

(g/t)

Zone

Method Reported

SB-2021-077A

221.6

222.1

0.5

0.38

Vein Halo4

Au-AA26

SB-2021-077A

222.1

222.6

0.5

3.69

Au-SCR24

SB-2021-077A

222.6

224

1.4

0.01

Au-AA26

SB-2021-077A

224

225

0.18

Au-AA26

SB-2021-077A

225

226

0.40

Au-AA26

SB-2021-077A

226

226.5

0.5

0.17

Au-AA26

SB-2021-077A

226.5

227

0.5

0.46

Au-AA26

SB-2021-077A

227

227.5

0.5

0.02

Au-AA26

SB-2021-077A

227.5

228

0.5

0.12

Au-AA26

SB-2021-077A

228

228.5

0.5

0.98

Au-AA26

SB-2021-077A

228.5

229

0.5

0.82

Au-AA26

SB-2021-077A

229

229.5

0.5

0.10

Au-AA26

SB-2021-077A

229.5

230

0.5

0.02

Au-AA26

SB-2021-077A

230

230.5

0.5

0.15

Au-AA26

SB-2021-077A

230.5

231.3

0.8

1.65

New Vein

Au-SCR24

SB-2021-077A

231.3

232

0.7

25.10

Au-SCR24

SB-2021-077A

232

232.5

0.5

24.80

Au-SCR24

SB-2021-077A

232.5

233.3

0.8

20.00

Au-SCR24

SB-2021-077A

233.3

233.8

0.5

1.89

Au-SCR24

SB-2021-077A

233.8

234.3

0.5

0.62

Vein Halo

Au-AA26

SB-2021-077A

234.3

234.9

0.6

0.32

Au-AA26

SB-2021-077A

234.9

236

1.1

0.11

Au-AA26

SB-2021-077A

236

237

0.03

Au-AA26

SB-2021-077A

237

238

0.06

Au-AA26

SB-2021-077A

238

239

0.02

Au-AA26

SB-2021-077A

239

240

0.22

Au-AA26

SB-2021-077A

662.5

664

1.5

0.24

New Vein

Au-AA26

SB-2021-077A

664

664.5

0.5

3.87

Au-SCR24

SB-2021-077A

664.5

665

0.5

9.08

Au-SCR24

SB-2021-077A

665

666

0.29

Au-AA26

SB-2021-077A

666

667

0.18

Au-AA26

SB-2021-077A

900.28

901.3

1.02

6.47

55FW Vein

Au-SCR24

SB-2021-077A

901.3

901.82

0.52

1.24

Au-SCR24

SB-2021-077A

1005.7

1006.2

0.5

0.71

53 Vein

Au-AA26

SB-2021-077A

1006.2

1006.7

0.5

0.14

Au-AA26

SB-2021-077A

1006.7

1007.2

0.5

0.04

Au-AA26

SB-2021-077A

1007.2

1007.7

0.5

0.01

Au-AA26

SB-2021-077A

1007.7

1008.2

0.5

35.40

Au-AA26

SB-2021-077A

1008.2

1009

0.8

0.01

Au-AA26

SB-2021-077A

1009

1010.5

1.5

0.01

Au-AA26

SB-2021-077A

1010.5

1011.9

1.4

0.93

Au-AA26

Notes: Diamond drill hole SB-2021-077A has collar orientation of Azimuth 180; Dip -53.5. 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 the exploration of 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

Drill core at the Bralorne project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm

respectively). Drill core samples are minimum 50 cm and maximum 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 make up 9% of the samples submitted to the lab for holes reported in this release.

Sample preparation and analyses is carried out by ALS Global 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 analysed 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 analysed 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. 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 2: SB-2021-077A cross section with vein intersections and grade. (CNW Group/Talisker

Resources Ltd)

Figure 1: SB-2021-077A hole location within the Bralorne West Block. (CNW Group/Talisker

Resources Ltd)

SOURCE

Talisker Resources Ltd

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2022/13/c5558.html

%SEDAR: 00005798E

For further information:

Terry Harbort, President and CEO, [email protected],

+1 416 361 2808

CO: Talisker Resources Ltd

CNW 07:00e 13-JAN-22

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