Mr. Matt Filgate reports

TALISKER INTERSECTS 28.58 G/T AU OVER 6.35 METRES FROM THE BRALORNE GOLD PROJECT RESOURCE CONVERSION PROGRAM

Talisker Resources Ltd. has released additional high-grade drill results highlighted by 80.68 grams per tonne gold over 2.20 metres within a broader interval of 28.58 g/t over 6.35 metres at its 100-per-cent-owned flagship Bralorne gold project.

Key points:

• Talisker initiated resource conversion drilling on Oct. 17, 2023, with 15,000 metres of planned drilling.
• Hole SB-2023-023 intersected 80.68 g/t Au over 2.20 metres within a broader interval of 28.58 g/t Au over 6.35 metres on the BK vein.
• Hole SB-2023-023 also intersected 37.99 g/t Au over 2.05 metres within a broader interval of 11.58 g/t Au over 7.45 metres on the Alhambra vein.
• Hole SB-2023-012 intersected 9.29 g/t Au over two metres within a broader interval of 7.06 g/t over 4.05 metres on the BK vein.
• The resource conversion drill program is focused on increasing confidence in the Alhambra and BK veins.

Matt Filgate, vice-president, corporate development, of Talisker, stated: "We are extremely pleased with the continuing high-grade results coming out of the proposed Mustang mine. The high-grade nature of the mineralized shoots within the vein structures becomes much clearer with tighter-spaced drilling, falling in line with the mined average of 17.7 g/t during the 40-plus years of historical production at the Bralorne gold project. We are also pleased to see continual good grades within the vein foot and hangingwall breccias, lowering the effects of grade dilution during stope extraction."

SB-2023-012 description:

• Complete results received;
• Located in the King block and intersected dioritic intrusive;
• BK vein intersected from 265.25 to 267.25 m as a banded brecciated quartz vein hosting arsenopyrite and pyrite mineralization.

SB-2023-023 description:

• Complete results received;
• Located in the King block and intersected dioritic intrusive;
• BK vein intersected from 296.15 to 297.85 m as a banded brecciated quartz vein hosting arsenopyrite and pyrite mineralization with moderate hangingwall mariposite alteration;
• Alhambra vein intersected from 320.05 to 321.60 m as a banded brecciated quartz vein hosting arsenopyrite and pyrite mineralization and moderate silica/mariposite alteration.

Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericiteplus or minusmariposite alteration halos.

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 quality assurance/quality control

Drill core at the Bralorne gold project is drilled in HQ- to NQ-size ranges (63.5 millimetres and 47.6 mm, respectively). Drill core samples are a minimum of 50 centimetres and a maximum of 160 cm long along the core axis. Samples are focused on an interval of interest, such as a vein or zone of mineralization. Shoulder samples bracket the interval of interest such that a total sampled core length of not less than three m both above and below the interval of interest must be assigned. Sample QA/QC measures of unmarked certified reference materials (CRMs), blanks and duplicates are inserted into the sample sequence and make up 9 per cent of the samples submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in North Vancouver, B.C., Canada, and SGS Canada in Burnaby, B.C., Canada. Drill core sample preparation includes drying in an oven at a maximum temperature of 60 degrees, fine crushing of the sample to at least 70 per cent passing less than two mm, sample splitting using a riffle splitter and pulverizing a 250-gram split to at least 85 per cent passing 75 microns (ALS code PREP-31/SGS code PRP89). Gold in diamond drill core is analyzed by fire assay and atomic absorption spectroscopy (AAS) of a 50-gram sample (ALS code Au-AA26/SGS code GO_FAA50V10), while multielement chemistry is analyzed by four-acid digestion of a 0.25-gram sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements. Gold assay technique (ALS code Au-AA26/SGS code FAA50V10) has an upper detection limit of 100 parts per million. Any sample that produces an overlimit gold value via the gold assay technique is sent for gravimetric finish (ALS method Au-GRA22/SGS method GO_FAG50V) which has an upper detection limit of 1,000 ppm Au. Samples where visible gold was observed are sent directly to screen metallics analysis and all samples that fire assay above one ppm Au are reanalyzed with method (ALS code Au-SCR24/SGS code-6-GO_FAS50M) which employs a one-kilogram pulp screened to 100 microns with assay of the entire oversize fraction and duplicate 50-gram assays on the undersize fraction. Where possible all samples initially sent to screen metallics processing will also be rerun through the fire assay with gravimetric finish provided there is enough material left for further processing.

We seek Safe Harbor.