Mr. Terry Harbort of Talisker reports

TALISKER SIGNS DEFINITIVE ORE PURCHASE AGREEMENT WITH NEW GOLD INC.

Talisker Resources Ltd., through its 100-per-cent-owned subsidiary Bralorne Gold Mines Ltd., has signed a definitive ore purchase agreement with New Gold Inc. As part of the agreement, New Gold will purchase up to 350,000 tonnes of material mined at Bralorne and process it at its mill located at its New Afton mine. The agreement can be extended by mutual agreement by New Gold and Talisker.

Terry Harbort, Talisker's president and chief executive officer, commented: "Talisker is very pleased to have signed this important ore purchase agreement with New Gold. Having completed the portal and decline construction and our resource conversion drilling, this agreement clears the pathway for our planned 2024 production at Bralorne."

Talisker is providing an opportunity for shareholders and other interested parties to participate in a webinar to be held at 2 p.m. ET on Monday, March 18, 2024.

About Talisker Resources Ltd.

Talisker 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 currently transitioning into underground production at the Mustang mine. Talisker's projects also include the Ladner gold project, an advanced-stage project with significant exploration potential from a historical high-grade producing gold mine; the Spences Bridge project, where the company holds approximately 85 per cent of the emerging Spences Bridge gold belt; and several other early-stage greenfield projects.

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