Ms. Lindsay Dunlop reports

TALISKER PROVIDES CLARIFICATION ON ORE PURCHASE AGREEMENT WITH OCEAN PARTNERS

Talisker Resources Ltd. has provided clarification in respect of the press release issued earlier today, which announced the acceleration of the ore purchase agreement to be entered into with Ocean Partners and that the company will begin shipping gold-bearing material in January, 2026. As disclosed in the press release dated Oct. 30, 2025, the ore purchase agreement and the $25-million (U.S.) revolving credit facility will provide Talisker with the ability to increase its milling capacity to up to 1,500 tonnes per day and secure the pathway to ramp up production. In connection with such ramp-up, the company must also amend the production permit for the Bralorne gold project from its current rate of 175 tpd annualized over 12 months to 500 tpd including the implementation of an ore sorter to increase output beyond 500 tpd. The company has commenced this process and has received verbal indications on the timeline from the B.C. Ministry of Mining and Critical Minerals that the company should receive approval of the permit amendment by third quarter 2026.

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 producing 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, the Spences Bridge project, where the company has a significant landholding in the emerging Spences Bridge gold belt, and several other early-stage greenfield projects.

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