Mr. Terry Harbort reports

TALISKER RECEIVES ASSAY RESULTS FROM 1060 LEVEL LATERAL DEVELOPMENT AT THE MUSTANG MINE

Talisker Resources Ltd. has received additional assay results from underground face sampling of lateral development from the 1,060 level at the Mustang mine. These results follow on from the previous two news releases detailing results from the 1,075 and the 1,105 levels, situated vertically above the 1,060 level. Additional results for the 1,120 level are expected shortly.

Key highlights:

• 220.0 grams per tonne (g/t) over 0.50 metre (m) within 40.44 g/t over 2.76 m from the Alhambra vein, west face No. 8 (sample X000816);
• 43.3 g/t over 0.85 m within 13.0 g/t over 2.93 m from the Alhambra vein, west face No. 2 (sample X000443);
• 37.0 g/t over 0.85 m within 11.0 g/t over 2.86 m from the Alhambra vein, west face No. 4 (sample X000507);
• 19.7 g/t over 0.66 m within 5.6 g/t over 2.4 m from the Alhambra vein, west face No. 3 (sample X000457);
• 12.55 g/t over 0.74 m within 5.05 g/t over 2.54 m from the Alhambra vein, west face No. 1 (sample X000316).

Terry Harbort, chief executive officer of Talisker, stated: "The Alhambra vein continues to deliver consistent high-grade results now extending down to the 1,060 level. With our first production stope situated above these samples reaching up to the 1,075 level, we are excited to complete the extraction of this material. Talisker expects to receive results of the face sampling from the 1,120 level, some 60 metres above the 1,060 before the end of the month."

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 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 projects also include the Ladner gold project, an advanced-stage project with significant exploration potential from a historical high-grade producing gold mine, and the Spences Bridge project, where the company holds approximately 85 per cent of the emerging Spences Bridge gold belt, and several other early-stage greenfields projects.

Sample preparation and QA/QC (quality assurance and quality control)

Channel sampling of underground ore headings at the Bralorne gold project is conducted by geologists using a rocksaw to cut a horizontal five-centimetre-by-five-centimetre-by-3.0-metre groove across the entire face of the drift at a height of 1.2 m off the sill. Individual samples range from 0.5 m to 1.5 m in length and are selected to best represent identified geological structures, sulphide mineralization or hydrothermal alteration suspected to bracket gold concentrations. Where vein or mineralized zones are wide, consecutive samples are taken across the structure to preserve geological resolution. Lithological breaks are avoided within a single sample wherever possible.

Quality assurance and quality control (QA/QC) procedures include regular insertion of certified reference materials, blanks and field duplicates into the sample stream at a rate of approximately 9 per cent of total samples in this news release.

All preparation and analytical work is performed by Activation Laboratories Ltd. (Actlabs) in Kamloops, B.C., Canada. Sample preparation follows Actlabs code RX1, involving crushing the entire sample (less than seven kilograms (kg)) to at least 80 per cent passing two millimetres (mm), riffle splitting to obtain a 250-gram (g) subsample and pulverizing (mild steel) to a minimum of 95 perp cent passing 105 microns. Actlabs code RX17 is also completed to determine pulp specific gravity. Crushing and pulverizing quality is monitored through Actlabs' internal QA/QC protocols.

Gold is analyzed by fire assay with an atomic absorption spectroscopy (AAS) finish (Actlabs code 1A2-50-ORE), in which a 50 g pulp is fused with fire assay fluxes, preheated at 850 C, heated further at 950 C and finished at 1,060 C over a 60-minute fusion cycle. The resulting lead button is cupelled at 950 C to produce a dore bead containing gold (Au) and silver (Ag), which is then dissolved in aqua regia and analyzed by AAS. This method has a detection range of 0.01 to 100 g/t Au.

Samples returning gold grades of more than 100 g/t Au are reanalyzed by fire assay with gravimetric finish (Actlabs code 1A3-50). In this process, gold is separated from silver in the dore bead by parting with nitric acid and the gold residue is weighed gravimetrically on a microbalance. The 1A3-50 method has a detection range of 0.02 to 10,000 g/t Au.

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