Mr. Terry Harbort reports

TALISKER INCREASES BRALORNE GOLD PROJECT DIAMOND DRILL PROGRAM TO 105,000 METRES

Talisker Resources Ltd. has increased its diamond drill program from 30,000 metres to 105,000 metres. The program will consist of 83,000 metres of resource conversion drilling at the Mustang, Bralorne West and Olympus areas and 22,000 metres of exploration drilling targeting veins at Congress and Pioneer Deeps.

Drilling at Mustang (33,000 metres) will focus on extending stopes of the Alhambra, BK and BK9870 veins from the 1030 to the 980 levels, directly below where Talisker is actively mining and developing, as well as along strike to the west. An additional 25,000 metres will be drilled at Bralorne West targeting veins scheduled for mining late 2026, 2027 and 2028. A further 25,000 metres of drilling will be conducted at the Olympus area to support resource conversion for the coming mine plan.

Talisker will also be initiating drilling at the Congress area, located approximately 15 kilometres to the north of Mustang. A total of 12,000 metres of surface drilling are planned, targeting extensions of known veins along strike and downdip. A further 10,000 metres of exploratory drilling will also be conducted at Pioneer Deeps with a view to delineate a new series of orebodies first discovered by Talisker drilling in 2021. Drilling will test orebody extensions along strike of the original drilling that reported 1.17 grams per tonne gold over 106.75 metres (see news release of June 22, 2021).

Terry Harbort, chief executive officer of Talisker, stated: "Drilling and development are the lifeblood of any mine, defining a clear path for future production and providing operational certainty and contingency. The extensive resource conversion drilling at Mustang and Bralorne West increases the confidence of our medium-term mine plan while the drilling at Olympus will confirm the operational pathway at our planned second mine. Drilling at Congress, 15 kilometres to the north of the main Bralorne camp, will be the first to be conducted by Talisker and will test extensions to the historic resource."

Qualified person

The technical information contained in this news release has been reviewed and approved by Kyle Orr, PGeo, Talisker's vice-president, exploration, who is a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Orr is not independent of the company in accordance with NI 43-101.

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's projects also include the Ladner gold project, a historic high-grade producing gold mine near Hope, B.C., with significant exploration potential and the Spences Bridge project, where the company has a significant landholding in the emerging Spences Bridge gold belt, as well as several other early-stage greenfields projects.

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