Mr. Terry Harbort reports

TALISKER PROVIDES PHASE 1 EXPLORATION UPDATE, IDENTIFIES 17 ANOMALOUS GOLD BASINS

Talisker Resources Ltd. has provided an update on the company's phase 1 regional geochemical program being undertaken on its 100-per-cent-owned claims covering the majority of the Spences Bridge gold belt. A team of 22 geologists is executing the 4,500-sample program, collecting silt fraction (177 microm) samples from first-order and select second-order drainage basins.

To date, 1,988 planned sample sites have reviewed, with 1,207 stream sediment samples collected. Of the planned sample sites, 781 were discarded due to either insufficient drainage incision, poor stream channel development, insufficient sediment material or overwhelming input from colluvial media. In total, 902 assays from ultratrace ICP-MS analysis have been received, with 305 currently outstanding. Geostatistical analysis of assay results has identified 17 anomalous basins within the 98th percentile, defined by values above 32 parts per billion gold, as outlined in the attached table. Seven basins have been identified as highly anomalous, with values above 100 ppb Au (0.1 gram per tonne) to a maximum returned value of 315 ppb Au (0.315 g/t). Mean sediment background value (50th percentile) has been identified as one ppb Au.

"We are very pleased with the progress of our sampling team so far, executing our planned program ahead of time and under budget," commented Terry Harbort, president and chief executive officer of Talisker. "To put these results into perspective for our shareholders, we are seeing anomalies enriched from 30 to 300 times normal background values. Westhaven Ventures' Shovelnose discovery was based on a 68 ppb gold stream sediment anomaly. At this stage of our project, we have identified 10 basins with more than this level of gold."

                SIGNIFICANT STREAM SEDIMENT RESULTS              
     
Sample ID   Au (ppb)    Sample ID   Au (ppb)    Sample ID   Au (ppb)

A0672501        315      A0673187      52.9      A0673452       150     
A0672573        212      A0673226       260      A0673546      75.5    
A0672599       71.5      A0673275      32.1      A0673628       239     
A0673134        233      A0673283      84.4      A0673971      41.1    
A0673155       46.3      A0673323      49.5      A0673982       149     
A0673167       59.3      A0673434      37.5                     

A full summary of results to date is available at the Talisker Resources website.

Talisker has scheduled an update call for interested parties at 12 p.m. ET on Monday, Aug. 26, 2019, hosted by Mr. Harbort.

About Talisker Resources Ltd.

Talisker Resources is a junior resource company involved in the exploration and development of projects in British Columbia, Canada. Talisker's projects comprise several early-to-advanced-stage projects. The Toodoggone projects, located in the prolific Golden Triangle, include: the past-producing Baker gold-silver project; the Shasta mine and Baker mill infrastructure and equipment; the Chappelle (Baker and Multinational mines) property; the Mets lease; and the Bot property. South-central British Columbia projects include: the Tulox property; the WCGG properties; and the Spences Bridge regional program, a 265,582-hectare land package covering 70 per cent of the Spences Bridge gold belt.

Sample preparation and quality assurance/quality control

Sample preparation and analyses are carried out by ALS Global at its laboratory in North Vancouver, B.C., Canada. Stream sediment sample preparation includes: drying in an oven at a maximum temperature of 60 C, sieving samples to minus-180 micron (minus-80 mesh); and retaining both fractions (PREP-41). Rock sample preparation includes: drying in an oven at a maximum temperature of 60 C; fine crushing of the sample to at least 70 per cent passing less than two millimetres; sample splitting using a riffle splitter; and pulverizing a 250-gram split to at least 85 per cent passing 75 microns (code PREP-31).

Gold and multielements in stream sediment samples are analyzed by aqua regia digestion of a 50 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 53 elements (Au, Ag, Al, As, B, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, Hg, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Pd, Pt, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr) (code AuMe-ST44).

Gold in rock samples is analyzed using fire assay of a 50 g sample split with detection by inductively coupled plasma atomic emission spectrometer (ICP-AES) (code Au-ICP21). Multielements are analyzed by aqua regia digestion of a 0.5 g subsample with detection by inductively coupled plasma atomic emission spectrometer (ICP-AES) for 51 elements (Au, Ag, Al, As, B, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, Hg, 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) (code ME-MS41).

Qualified person

Luis Arteaga, MSc, PGeo, exploration manager of Talisker and the company's qualified person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.

We seek Safe Harbor.