Mr. Terry Harbort reports

TALISKER ANNOUNCES COMPLETION OF THE PORTAL AND INITIATION OF DECLINE CONSTRUCTION AT THE MUSTANG MINE, BRALORNE GOLD PROJECT

Talisker Resources Ltd. has completed construction of the Mustang mine portal at its 100-per-cent-owned Bralorne gold project. Work has now commenced on the construction of the Mustang mine decline to equal dimensions of four by four metres over a distance of 400 metres. The completion of the decline will allow for simultaneous access to planned stopes on the 3700, 3800 and 3900 levels. Decline construction is expected reach the 3900 level by the end of 2023 and to be completed by mid-February, 2024.

Terry Harbort, Talisker's president and chief executive officer, commented: "The completion of the portal construction at Mustang marks Talisker's first milestone towards production at the Bralorne gold project. With our recent excellent drill results and the advance to decline construction we are confident of meeting our further milestones towards commencing production."

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 greater or lesser than 85 per cent of the emerging Spences Bridge gold belt, and several other early-stage greenfields projects.

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