Mr. Julien Davy reports

EXTENSION OF EXPIRY DATE OF WARRANTS

Subject to required approvals from regulatory authorities, more specifically the TSX Venture Exchange, Tarku Resources Ltd. will extend until May 1, 2024, the expiry date of 12.5 million common share purchase warrants issued in connection with a private placement closed on Oct. 30, 2020. Pursuant to the private placement, Tarku distributed 25 million units at a price of 10 cents per unit. Each unit consisted of one common share and one-half warrant, each whole warrant entitling its holder to subscribe for one additional common share of Tarku at a price of 15 cents per share until Oct. 30, 2022.

About Tarku Resources Ltd.

Tarku is an exploration company focused on new discoveries in favourable mining jurisdictions such as Quebec and Arizona.

In Arizona, within the famous Tombstone district, Tarku owns 100 per cent of the 29-square-kilometre Silver Strike project. Silver Strike has been interpreted by management to have the potential for similar carbonate replacement deposits comparable with the Hermosa project, located 80 kilometres west in Santa Cruz county, Arizona, which South32 acquired for $1.8-billion (U.S.) in 2018. Tarku is currently planning a surface mapping program and a deep-penetrating and high-resolution geophysical survey over the priority targets, with a minimum 5,000-metre drill program in the coming month.

In Quebec, Tarku owns 100 per cent of the Three A's exploration projects, (Apollo, Admiral and Atlas projects), in the Matagami greenstone belt, which has been interpreted by management as the eastern extension of the Detour belt. The Detour belt has seen recent exploration successes by Midland Exploration Inc., Wallbridge Mining Company Ltd. and Probe Metals Inc. After the last deep-penetration and high-definition induced polarization geophysical survey over Apollo, Tarku is planning a minimum 3,000-metre drill program during the fall 2022 period.