Talisker Samples Up to 97.7 g/t Au at the Ladner Gold Project
Talisker Resources Ltd.
130 Adelaide Street West, Suite 3002
Toronto, Ontario M5H 3P5
TSK
TSKFF
TSX OTCQX
Talisker Samples Up to 97.7 g/t Au at the Ladner Gold Project
Toronto, Ontario, April 15 , 2024 – Talisker Resources Ltd. (“ Talisker” or the “ Company”) (TSX:TSK |
OTCQX:TSKFF) is pleased to announce results from its summer 2023 mapping and surface sampling
campaign at the Ladner Gold Project.
A total of 175 rock samples were collected between mid June and mid September 2023 by a small mapping
team. The focus of the mapping was centered on the areas of known mineralization adjacent to the
historic Carolin underground mine and the McMaster prospect. Mapping and sampling targeted major
lithological contacts between the lower Ladner Group sediments, the Spider Peak volcanic succession, and
the Coquihalla serpentine unit.
Of the 1 75 rock samples collected, 1 37 samples (78.3%) were anomalous for gold , 88 samples (50.3%)
yielded above 0.1 g/t Au, 40 samples (22.8%) yielded above 0.5 g/t Au and 24 samples (13.7%) yielded
more than 1.50 g/t Au. The top 24 samples are displayed in Table 1 and include six samples ( 3.4%) that
showed gold values above 6 g/t gold. The top result was a composite sample of sheeted quartz veins in
aphanitic andesite which produced 97.70 g/t Au.
The 2023 samples were collected from quartz vein structures , semi-massive to massive sulfide
occurrences, or strong alteration zones. The veins on the Ladner Gold Project are observed to be coarse-
crystalline mesothermal veins with a low percentage of sulfide minerals. The dominant alteration
assemblage associated with gold is silica, albite, iron-carbonate, and sericite. The dominant sulfides
associated with gold are pyrite>arsenopyrite>pyrrhotite, which combined average less than 2% in
observed veins, and greater than 15% in massive sulfide zones.
Structural observations and data collection show an architecture of isoclinal folding in the Ladner
sediments and Spider Peak volcanics. Quartz veins infill a variety of low-pressure zones including bedding-
parallel, bedding oblique due to progressive shearing, within the plunge of fold hinges, and axial planar to
the isoclinal folds. Additionally, preliminary observations suggest a later fold event resulting in broad open
folds of low amplitude in the bedding strike orientation. The above observations are key to expanding
known mineralization and targeting new ore zones in the historic Ladner Gold Project.
Terry Harbort, Talisker’s President and CEO commented, "We are very pleased with these preliminary
results from Ladner and the demonstrated consistency of gold grades across a broad area. Our sampling
indicates there are additional mineralized zones in the same setting as the Caroline mine, along strike, yet
to be fully explored. Once we have brought our flagship Bralorne Gold Project into production, we are
looking forward to returning to the Ladner Gold Project to expand the known mineralization.”
Table 1: Ladner Gold Project – 2023 Rock Samples >1.5 g/t Au
Sample Number Gold (g/t) Analytical Method Sample Type
C315037 97.70 Au-GRA21 Composite
C315045 13.40 Au-GRA21 Select
C315047 11.60 Au-GRA21 Chip-Channel
2
Table 1: Ladner Gold Project – 2023 Rock Samples >1.5 g/t Au
Sample Number Gold (g/t) Analytical Method Sample Type
C315026 9.85 Au-AA23 Select
C315107 7.39 Au-AA23 Select
C315038 6.46 Au-AA23 Select
C315046 5.34 Au-AA23 Chip-Channel
C315139 5.07 Au-AA23 Composite
C315006 4.68 Au-AA23 Select
C315114 4.30 Au-AA23 Select
C315073 3.96 Au-AA23 Select
C315027 3.88 Au-AA23 Select
C315168 3.86 Au-AA23 Select
C315111 3.33 Au-AA23 Select
C315092 3.08 Au-AA23 Composite
C315128 3.07 Au-AA23 Composite
C315025 2.77 Au-AA23 Composite
C315122 2.72 Au-AA23 Select
C315048 2.39 Au-AA23 Chip-Channel
C315169 2.36 Au-AA23 Select
C315181 2.09 Au-AA23 Composite
C315049 1.85 Au-AA23 Chip-Channel
C315115 1.80 Au-AA23 Select
C315053 1.66 Au-AA23 Chip-Channel
Qualified Person
The technical information contained in this news release relating to the sample results at the Ladner 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.
For further information, please contact:
Terry Harbort
President and CEO
+1 416 357 0227
Matt Filgate
Vice President, Corporate Development
+1 778 679 3579
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
3
Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt, and several other early-
stage Greenfields projects.
Sample Preparation and QAQC
Rock samples at the L adner project are collected from zones identified by C ompany geologists as likely
hydrothermally affected. Three types of samples were collected during the 2023 campaign: Grab, Select,
Composite, and Channel. Grab samples are taken to be non-selective and roughly representative of the
outcrop / rock exposure. Select samples are chosen to highlight certain structures, mineralization, or
alteration and may not be representative of the character or distribution of the local rock exposure.
Composite samples are equivalent to Select samples, except that multiple st ructures, mineralized zones,
or alteration zones from the same rock exposure have been combined into one sample. All channel
samples during the 2023 Ladner program were collected as chip -channels whereby a manual or
mechanical chisel was used to collect a 1-metre long, horizontal chip sample of approximately 3cm width
and roughly 1cm depth. All s amples are focused on an interval of interest such as a vein, zone of
mineralization, or zone of alteration. Samples are a minimum of 500 grams in weight and averaged 1,786
grams during the 2023 program. Unmarked certified reference materials (CRMs and blanks) are inserted
into the sample sequence and make up 11% of the samples submitted to the lab for rock samples reported
in this release. Sample preparation and analyses are carried out by ALS Global in North Vancouver, British
Columbia, Canada. Rock sample preparation includes sample drying, fine crushing of the sample to at least
70% passing 2 mm, sample splitting to 250 grams using a riffle splitter, and pulverizing the split to at least
85% passing 75 microns (ALS code PREP -31). Gold in rock samples is analyzed by fire assay and atomic
absorption spectroscopy (AAS) of a 3 0g sample (ALS code Au -AA23), while multi- element chemistry is
analyzed using lab code ME -MS61 which is 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 -AA23) has an upper detection limit of 10
g/t. Any sample that produces an over-limit gold value via the gold assay technique is sent for gravimetric
finish (ALS method Au-GRA21) which has an upper detection limit of 10,000 g/t Au.
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. 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. Vari ous
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 sta tements 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
4
supply of minerals, risks related to increased competition and current global financial conditions, access
and supply risks, reliance on key personnel, 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.
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 herei n, investors should not place undue reliance on
forward-looking information. The foregoing statements expressly qualify any forward-looking information
contained herein.
5