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Talisker Resources Ltd (2)
Symbol TSK
Shares Issued 206,753,466
Close 2026-07-10 C$ 1.15
Market Cap C$ 237,766,486
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Talisker expands Bralorne with Ben Nevis acquisition

2026-07-13 16:05 ET - News Release

Mr. Terry Harbort

TALISKER EXPANDS BRALORNE GOLD PROJECT TO 24,000 HECTARES, 40KM ALONG STRIKE

Talisker Resources Ltd. and its wholly owned subsidiary, Bralorne Gold Mines Ltd., has acquired a 100-per-cent interest in the Ben Nevis property, located contiguous to the company's Bralorne gold project in southwestern British Columbia from Coast Copper Corp.

The property is strategically located south of the current Bralorne gold project and comprises 16 mineral tenure claims totalling 10,404.15 hectares. The expanded land package lies southeast along the strike of the Cadwallader fault system which hosts the Bralorne deposits. The new property expansion adds seven historic mineral occurrences and strengthens the company's exploration position by increasing the Bralorne gold project to 24,000 hectares spanning a 40-kilometre-long mineralized district.

The property hosts multiple prospective exploration targets, characterized by Bralorne-style quartz veining, extensive carbonate alteration, ultramafic-intrusive contacts and major regional fault structures known to control mineralization including:

  • The Silicon Cirque showing is an underexplored gold-silver target, defined by quartz-listwanite veining, pervasive alteration and strong structural controls. A 2018 quartz vein grab sample returned up to 26.47 grams per tonne Au (gold) and 103 g/t Ag (silver) (source: Minfile 092JNE156).
  • The Star Mountain occurrence comprises gold-bearing 20-centimetre-wide quartz veins associated with altered ultramafic rocks and feldspar porphyry dikes. Historical sampling returned 1.55 g/t gold, with additional nearby gold values of up to 0.93 g/t Au and anomalous nickel (source: Minfile 092JNE158).
  • The Ben showing comprises quartz veins containing pyrite, pyrrhotite and molybdenite, with historical exploration returning anomalous gold values of up to 0.9 gram per tonne in soils, two grams per tonne in stream sediments and seven grams per tonne in heavy mineral concentrates (source: Minfile 092JNE038).
  • The Prospector Peaks showing is polymetallic quartz-vein array with veins generally 0.5 to 1.5 metres wide. Assay values of up to 61.9 g/t silver and 0.6 per cent lead, supported by additional anomalous gold, silver and base metal occurrences identified in the area (source: Minfile 092JNE159).

Terry Harbort, president and chief executive officer of Talisker, commented: "The addition of this contiguous land package further consolidates Talisker's tenure along the main metallogenic suture zone controlling the extensive mineralization in the Bralorne gold belt. Congratulations to our exploration team on their scientific analysis to identify the extension of the Cadwallader Break and finalize the negotiation, adding over 10,000 hectares of highly prospective and underexplored ground, extending the district strike length to 40 kilometres."

As consideration for the acquisition of the property, the company paid $125,000 in cash and issued 211,864 common shares of the company equal to $250,000 based on the five-day volume-weighted average price in accordance with the purchase agreement signed July 3, 2026. In addition to the statutory hold period of four months and one day in accordance with securities laws, the common shares issued are subject to a contractual hold period, 50 per cent a six-month hold period and 50 per cent a 12-month hold period. The company has also agreed to incur a minimum of $300,000 in exploration expenditures on the property within three years of acquisition and to make contingent payments of $100,000, payable in either cash or common shares of the company, for each 100,000 ounces of gold in the inferred, indicated or measured categories up to a maximum of one million ounces

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 Canadian 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 projects also include the Ladner gold project, an historic high-grade 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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