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Talisker Resources Ltd. Announces Confirmation of Near Surface Bulk Tonnage Gold Mineralization at the Charlotte Zone, Bralorne Gold Project

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·30 min read
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TORONTO, ON / ACCESSWIRE / February 2, 2021 / Talisker Resources Ltd. ("Talisker" or the "Company") (TSX:TSK)(OTCQX:TSKFF) is pleased to announce the confirmation of near-surface bulk tonnage gold mineralization at the Charlotte Zone, located directly above the high-grade veins that are the primary focus of the 2021 resource drill program. Extensive near-surface gold mineralization was first intersected during the Company's validation drill program last year and comprises a series of shallow-dipping, stacked quartz veins.

Key Points:

  • Talisker confirms near surface bulk tonnage gold mineralization at the Charlotte Zone from surface to a vertical depth of beyond 250m.

  • 25 intersects from 14 drill holes have defined a broad zone with multiple gold-bearing structures over a strike length of 600m, a width of 270m and extending at least 300m down plunge from surface.

  • The Charlotte zone has been confirmed by field mapping to outcrop at surface.

  • Gold mineralization is hosted by four shallow-dipping, parallel structures that dip approximately 40 degrees to the northwest.

  • A 15,000m core relog and re-sample program has been initiated to identify other areas with near-surface bulk-tonnage potential.

While the high-grade veins remain the primary focus of Talisker's resource drill program, the Charlotte Zone presents opportunity for significant previously overlooked additional upside. Given the Charlotte Zone is situated adjacent to and immediately above the high-grade veins, no change to the already outlined 50,000m drill program is required.

Highlights from previously released assay results from the Charlotte Zone are provided below and all results are provided in table 1 below.

Charlotte Zone Highlights (previously released):

  • SB-2020-005A: 10.47 g/t gold over 10.30m, from 102.70m to 113.0m

  • SB-2020-007: 3.36 g/t gold over 7.50m from 23.05m to 60.55m

  • SB-2020-009: 2.56 g/t gold over 14.25m, from 208.00m to 222.25m

  • SB-2020-015: 3.96 g/t gold over 20.20m, from 138.00m to 158.00m

  • SB-2020-017A: 1.06 g/t gold over 13.55m, from 470.00m to 483.55m

  • SB-2020-019: 2.50 g/t gold over 10.00m, from 201.00 to 211.00m

  • SB-2020-021: 1.55 g/t gold over 36.95m, from 208.45 to 245.40m

  • SB-2020-023: 1.16 g/t gold over 38.00m, from 80.50m to 118.50m

  • SB-2020-023: 1.69 g/t gold over 13.35m from 407.00m to 420.35m

Recent results announced on January 19th (SB-2020-021) and earlier today (SB-2020-023) represent 95% true width of the veins given they were drilling perpendicular to the dip of the structure.

Terry Harbort, President and CEO of Talisker commented, "We are extremely excited about the potential optionality that the near surface bulk tonnage gold mineralization discovered at the Charlotte Zone could potentially add to the high-grade gold veins that we are currently focusing on for our resource estimate. Importantly, the vein structures hosting the gold mineralization at Charlotte occur as shallow-dipping vein structures that bode well for any future bulk tonnage/open pit economic assessment. Furthermore, the widths quoted from recent drilling at Charlotte were drilled perpendicular to the orientation of the vein structures and therefore represent 95% true widths."

While the Charlotte Zone was only recently identified by drilling conducted by Talisker last year, a detailed review of the historical drill database has revealed other zones of possible near surface gold mineralization which were not followed-up by previous operators due to their selective focus on higher-grade material at depth. Samples from this historic drill core are currently awaiting assay at the laboratory and will aid in the rapid confirmation of additional zones.

To aid in the clarity of drill results targeting both high grade and bulk tonnage targets, the technical team has provided a new template and naming convention for the Bralorne Gold Project that will be used for future press releases. Attached to this press release are three figures that illustrate the Charlotte Zone:

  • Figure 1 shows the Bralorne Gold Project and the six zones demarking the high-grade vein zones at depth - Fergusson, King, Bralorne West, Bralorne East, Pioneer and Pioneer Extension, as well as the near surface bulk tonnage Charlotte Zone (in red), nearby surface infrastructure and major quartz vein structures in white projected to surface. The 50,000m drill program has also been outlined into their respective zones.

  • Figure 2 shows the approximate target depths of near surface bulk tonnage gold mineralization (surface to 300m), high grade veins targeted for the current resource drill program (300m to 750m) and high-grade veins at depth that could be drilled but will not be the focus of resource infill drilling in 2021 (750m to ~2,000m).

  • Figure 3 shows drill hole traces of drill holes into the Charlotte Zone to date.

While the Charlotte Zone presents a significant potential to provide optionality to any future economic considerations on the Bralorne Gold Project and overall growth of the Company, Talisker has not changed its view on the high-grade veins below. Instead, the Charlotte Zone could provide the opportunity to accelerate its previously announced resource drill program given the shallower drilling and likely wider drill spacing required to achieve a National Instrument 43-101 compliant resource estimate at the Bralorne Gold Project.

Bralorne Gold Project

Drill Holes SB-2020-005A, 006, 007, 008, 009, 011A, 013, 015, 017, 017A, 017AW1, 019, 021

Diamond Drill Hole Name

From

(m)

To

(m)

Interval

(m)

Au

(g/t)

Interpreted Structure

Method Reported

SB-2020-005A

102.70

103.30

0.60

20.80

Charlotte Zone

Au-SCR24

SB-2020-005A

103.30

104.80

1.50

0.62

Au-AA24

SB-2020-005A

104.80

106.30

1.50

1.14

Au-AA24

SB-2020-005A

106.30

107.80

1.50

57.80

Au-SCR24

SB-2020-005A

107.80

109.30

1.50

1.44

Au-AA24

SB-2020-005A

109.30

110.75

1.45

1.66

Au-AA24

SB-2020-005A

110.75

111.50

0.75

1.61

Charlotte Zone

Au-AA24

SB-2020-005A

111.50

113.00

1.50

0.16

Au-AA24

SB-2020-006

257.15

258.00

0.85

0.16

Charlotte FW Zone

Au-AA24

SB-2020-006

258.00

258.55

0.55

0.31

Au-AA24

SB-2020-006

258.55

259.05

0.50

0.19

Au-AA24

SB-2020-006

259.05

259.65

0.60

0.34

Au-AA24

SB-2020-006

259.65

260.65

1.00

0.13

Au-AA24

SB-2020-006

260.65

261.15

0.50

0.16

Au-AA24

SB-2020-006

261.15

261.65

0.50

0.61

Au-AA24

SB-2020-007

53.05

54.05

1.00

0.31

Charlotte HW Zone

Au-AA24

SB-2020-007

54.05

54.55

0.50

0.38

Au-AA24

SB-2020-007

54.55

55.15

0.60

1.88

Au-AA24

SB-2020-007

55.15

55.80

0.65

0.11

Au-AA24

SB-2020-007

55.80

56.40

0.60

0.68

Au-AA24

SB-2020-007

56.40

57.35

0.95

3.64

Au-SCR24

SB-2020-007

57.35

58.00

0.65

28.90

Au-SCR24

SB-2020-007

58.00

59.05

1.05

0.05

Au-AA24

SB-2020-007

59.05

59.55

0.50

0.48

Au-AA24

SB-2020-007

59.55

60.05

0.50

0.02

Au-AA24

SB-2020-007

60.05

60.55

0.50

1.06

Au-AA24

SB-2020-008

249.60

250.20

0.60

0.43

Charlotte Zone

Au-AA24

SB-2020-008

250.20

251.00

0.80

1.79

Au-AA24

SB-2020-008

251.00

251.60

0.60

1.88

Au-AA24

SB-2020-008

251.60

252.20

0.60

0.92

Au-AA24

SB-2020-008

252.20

253.00

0.80

0.42

Au-AA24

SB-2020-008

253.00

254.00

1.00

0.15

Au-AA24

SB-2020-008

254.00

255.00

1.00

0.43

Au-AA24

SB-2020-009

208.00

208.50

0.50

0.17

Charlotte Zone

Au-AA24

SB-2020-009

208.50

209.15

0.65

0.05

Au-AA24

SB-2020-009

209.15

209.65

0.50

0.81

Au-AA24

SB-2020-009

209.65

210.50

0.85

0.70

Au-AA24

SB-2020-009

210.50

211.00

0.50

1.64

Au-AA24

SB-2020-009

211.00

211.75

0.75

4.88

Au-SCR24

SB-2020-009

211.75

212.50

0.75

3.47

Au-SCR24

SB-2020-009

212.50

213.40

0.90

5.69

Au-SCR24

SB-2020-009

213.40

213.90

0.50

4.86

Au-SCR24

SB-2020-009

213.90

214.40

0.50

3.98

Au-SCR24

SB-2020-009

214.40

215.00

0.60

5.56

Au-SCR24

SB-2020-009

215.00

215.50

0.50

3.10

Au-SCR24

SB-2020-009

215.50

216.15

0.65

3.78

Charlotte Zone

Au-SCR24

SB-2020-009

216.15

216.65

0.50

2.91

Au-AA24

SB-2020-009

216.65

217.15

0.50

6.35

Au-SCR24

SB-2020-009

217.15

217.65

0.50

1.60

Au-AA24

SB-2020-009

217.65

218.45

0.80

1.85

Au-AA24

SB-2020-009

218.45

219.20

0.75

3.47

Au-SCR24

SB-2020-009

219.20

220.25

1.05

0.97

Au-AA24

SB-2020-009

220.25

220.75

0.50

1.09

Au-AA24

SB-2020-009

220.75

221.25

0.50

0.16

Au-AA24

SB-2020-009

221.25

221.75

0.50

0.06

Au-AA24

SB-2020-009

221.75

222.25

0.50

0.49

Au-AA24

SB-2020-011A

288.00

289.50

1.50

0.37

Charlotte Zone

Au-AA24

SB-2020-011A

289.50

290.00

0.50

0.56

Au-AA24

SB-2020-011A

290.00

290.50

0.50

5.61

Au-SCR24

SB-2020-011A

290.50

291.25

0.75

1.80

Au-AA24

SB-2020-011A

291.25

292.25

1.00

1.68

Au-AA24

SB-2020-011A

292.25

292.75

0.50

0.04

Au-AA24

SB-2020-011A

292.75

293.25

0.50

0.08

Au-AA24

SB-2020-011A

293.25

293.75

0.50

0.16

Au-AA24

SB-2020-011A

293.75

294.25

0.50

0.16

Au-AA24

SB-2020-011A

294.25

294.75

0.50

0.08

Au-AA24

SB-2020-011A

294.75

295.25

0.50

0.86

Au-AA24

SB-2020-011A

295.25

295.75

0.50

2.41

Au-AA24

SB-2020-011A

295.75

296.25

0.50

1.66

Au-AA24

SB-2020-011A

296.25

296.75

0.50

0.63

Au-AA24

SB-2020-011A

296.75

297.25

0.50

1.45

Au-AA24

SB-2020-011A

297.25

297.75

0.50

0.61

Au-AA24

SB-2020-013

150.75

151.25

0.50

0.10

Knight Zone

Au-AA24

SB-2020-013

151.25

151.75

0.50

0.74

Au-AA24

SB-2020-013

151.75

152.50

0.75

0.22

Au-AA24

SB-2020-013

152.50

153.25

0.75

0.62

Au-AA24

SB-2020-013

153.25

153.90

0.65

3.82

Au-SCR24

SB-2020-013

153.90

154.50

0.60

7.52

Au-SCR24

SB-2020-013

154.50

155.20

0.70

0.12

Au-AA24

SB-2020-013

155.20

156.20

1.00

0.01

Au-AA24

SB-2020-013

156.20

156.90

0.70

0.11

Au-AA24

SB-2020-013

156.90

157.55

0.65

0.16

Au-AA24

SB-2020-013

157.55

158.20

0.65

0.88

Au-AA24

SB-2020-013

158.20

158.90

0.70

1.76

Au-AA24

SB-2020-013

158.90

159.40

0.50

2.55

Knight Zone

Au-AA24

SB-2020-013

159.40

160.10

0.70

2.26

Au-AA24

SB-2020-013

160.10

160.60

0.50

0.21

Au-AA24

SB-2020-015

138.00

139.00

1.00

1.60

Charlotte Zone

Au-AA24

SB-2020-015

139.00

139.70

0.70

1.08

Au-AA24

SB-2020-015

139.70

140.60

0.90

0.62

Au-AA24

SB-2020-015

140.60

141.20

0.60

2.79

Au-AA24

SB-2020-015

141.20

142.00

0.80

3.78

Au-SCR24

SB-2020-015

142.00

142.50

0.50

4.32

Au-SCR24

SB-2020-015

142.50

143.20

0.70

6.03

Au-SCR24

SB-2020-015

143.20

143.70

0.50

3.38

Au-SCR24

SB-2020-015

143.70

144.20

0.50

3.30

Au-SCR24

SB-2020-015

144.20

145.00

0.80

1.69

Au-AA24

SB-2020-015

145.00

145.70

0.70

1.81

Au-AA24

SB-2020-015

145.70

146.55

0.85

5.02

Au-SCR24

SB-2020-015

146.55

147.10

0.55

1.81

Au-AA24

SB-2020-015

147.10

147.65

0.55

2.60

Au-AA24

SB-2020-015

147.65

148.60

0.95

1.21

Au-AA24

SB-2020-015

148.60

149.20

0.60

6.76

Au-SCR24

SB-2020-015

149.20

150.00

0.80

11.95

Au-SCR24

SB-2020-015

150.00

150.70

0.70

4.47

Au-SCR24

SB-2020-015

150.70

151.30

0.60

12.80

Au-SCR24

SB-2020-015

151.30

152.00

0.70

12.00

Au-SCR24

SB-2020-015

152.00

152.60

0.60

8.18

Au-SCR24

SB-2020-015

152.60

153.20

0.60

8.80

Au-SCR24

SB-2020-015

153.20

154.00

0.80

3.29

Au-SCR24

SB-2020-015

154.00

154.70

0.70

0.72

Au-AA24

SB-2020-015

154.70

155.20

0.50

0.43

Au-AA24

SB-2020-015

155.20

155.90

0.70

3.64

Au-SCR24

SB-2020-015

155.90

156.65

0.75

3.05

Au-SCR24

SB-2020-015

156.65

157.40

0.75

0.15

Au-AA24

SB-2020-015

157.40

158.20

0.80

1.13

Au-AA24

SB-2020-015

165.60

166.25

0.65

0.26

Charlotte FW Zone

Au-AA24

SB-2020-015

166.25

166.80

0.55

0.09

Au-AA24

SB-2020-015

166.80

167.50

0.70

0.14

Au-AA24

SB-2020-015

167.50

168.00

0.50

0.32

Au-AA24

SB-2020-015

168.00

168.50

0.50

0.09

Au-AA24

SB-2020-015

168.50

169.00

0.50

0.10

Au-AA24

SB-2020-015

169.00

169.50

0.50

0.62

Au-AA24

SB-2020-015

169.50

170.00

0.50

0.24

Charlotte FW Zone

Au-AA24

SB-2020-015

170.00

170.50

0.50

0.16

Au-AA24

SB-2020-015

170.50

171.10

0.60

0.18

Au-AA24

SB-2020-015

171.10

171.80

0.70

0.18

Au-AA24

SB-2020-015

171.80

173.00

1.20

0.25

Au-AA24

SB-2020-015

173.00

174.00

1.00

0.15

Au-AA24

SB-2020-015

174.00

175.10

1.10

0.02

Au-AA24

SB-2020-015

175.10

175.60

0.50

0.41

Au-AA24

SB-2020-015

187.70

188.70

1.00

0.75

Au-AA24

SB-2020-015

188.70

189.35

0.65

3.68

Au-AA24

SB-2020-015

189.35

189.85

0.50

0.44

Au-AA24

SB-2020-015

189.85

190.70

0.85

0.01

Au-AA24

SB-2020-015

190.70

191.40

0.70

0.01

Au-AA24

SB-2020-015

191.40

191.95

0.55

0.21

Au-AA24

SB-2020-015

191.95

192.60

0.65

0.71

Au-AA24

SB-2020-017

204.00

204.60

0.60

0.55

Charlotte HW Zone

Au-AA24

SB-2020-017

204.60

205.30

0.70

0.51

Au-AA24

SB-2020-017

205.30

206.00

0.70

0.23

Au-AA24

SB-2020-017

206.00

206.50

0.50

0.01

Au-AA24

SB-2020-017

206.50

207.00

0.50

0.01

Au-AA24

SB-2020-017

207.00

208.00

1.00

0.00

Au-AA24

SB-2020-017

208.00

209.30

1.30

0.01

Au-AA24

SB-2020-017

209.30

209.80

0.50

0.93

Au-AA24

SB-2020-017A

470.00

470.50

0.50

0.23

Knight Zone

Au-AA24

SB-2020-017A

470.50

471.10

0.60

0.20

Au-AA24

SB-2020-017A

471.10

471.90

0.80

1.25

Au-AA24

SB-2020-017A

471.90

472.40

0.50

2.76

Au-AA24

SB-2020-017A

472.40

473.20

0.80

0.18

Au-AA24

SB-2020-017A

473.20

474.15

0.95

0.17

Au-AA24

SB-2020-017A

474.15

474.80

0.65

0.14

Au-AA24

SB-2020-017A

474.80

475.30

0.50

0.29

Au-AA24

SB-2020-017A

475.30

476.40

1.10

0.14

Au-AA24

SB-2020-017A

476.40

477.00

0.60

0.18

Au-AA24

SB-2020-017A

477.00

477.50

0.50

0.15

Au-AA24

SB-2020-017A

477.50

478.00

0.50

0.06

Au-AA24

SB-2020-017A

478.00

478.50

0.50

11.95

Au-GRA22

SB-2020-017A

478.50

479.00

0.50

0.10

Au-AA24

SB-2020-017A

479.00

479.50

0.50

2.18

Au-AA24

SB-2020-017A

479.50

480.00

0.50

2.26

Au-AA24

SB-2020-017A

480.00

480.80

0.80

0.55

Knight Zone

Au-AA24

SB-2020-017A

480.80

481.80

1.00

1.28

Au-AA24

SB-2020-017A

481.80

482.65

0.85

0.22

Au-AA24

SB-2020-017A

482.65

483.55

0.90

0.72

Au-AA24

SB-2020-017AW1

461.05

461.95

0.90

0.15

Knight Zone

Au-AA24

SB-2020-017AW1

461.95

462.50

0.55

0.32

Au-AA24

SB-2020-017AW1

462.50

463.00

0.50

1.85

Au-AA24

SB-2020-017AW1

463.00

463.60

0.60

3.30

Au-AA24

SB-2020-017AW1

463.60

464.15

0.55

6.07

Au-AA24

SB-2020-017AW1

464.15

464.70

0.55

2.22

Au-AA24

SB-2020-017AW1

464.70

466.00

1.30

1.30

Au-AA24

SB-2020-019

183.50

184.15

0.65

1.99

Charlotte HW Zone

Au-AA24

SB-2020-019

184.15

184.80

0.65

0.38

Au-AA24

SB-2020-019

184.80

185.30

0.50

1.67

Au-AA24

SB-2020-019

185.30

185.80

0.50

2.50

Au-AA24

SB-2020-019

185.80

186.45

0.65

2.41

Au-AA24

SB-2020-019

186.45

187.50

1.05

0.14

Au-AA24

SB-2020-019

187.50

188.10

0.60

0.45

Au-AA24

SB-2020-019

188.10

188.65

0.55

1.31

Au-AA24

SB-2020-019

188.65

189.45

0.80

0.17

Au-AA24

SB-2020-019

189.45

190.35

0.90

3.16

Au-AA24

SB-2020-019

190.35

191.00

0.65

1.26

Au-AA24

SB-2020-019

191.00

191.55

0.55

0.49

Au-AA24

SB-2020-019

201.00

201.65

0.65

0.38

Charlotte HW Zone

Au-AA24

SB-2020-019

201.65

202.20

0.55

8.91

Au-AA24

SB-2020-019

202.20

203.00

0.80

3.04

Au-AA24

SB-2020-019

203.00

203.55

0.55

5.12

Au-AA24

SB-2020-019

203.55

204.75

1.20

1.17

Au-AA24

SB-2020-019

204.75

205.25

0.50

0.08

Au-AA24

SB-2020-019

205.25

206.50

1.25

0.02

Au-AA24

SB-2020-019

206.50

207.00

0.50

1.49

Au-AA24

SB-2020-019

207.00

207.60

0.60

6.44

Au-AA24

SB-2020-019

207.60

208.10

0.50

4.09

Au-AA24

SB-2020-019

208.10

208.60

0.50

3.27

Au-AA24

SB-2020-019

208.60

209.30

0.70

2.50

Au-AA24

SB-2020-019

209.30

210.15

0.85

1.83

Au-AA24

SB-2020-019

210.15

211.00

0.85

1.85

Au-AA24

SB-2020-019

217.55

218.05

0.50

3.10

Au-AA24

SB-2020-019

218.05

218.60

0.55

0.11

Au-AA24

SB-2020-019

218.60

219.45

0.85

0.81

Charlotte HW Zone

Au-AA24

SB-2020-019

219.45

220.20

0.75

1.37

Au-AA24

SB-2020-019

259.00

259.85

0.85

1.06

Charlotte Zone

Au-AA24

SB-2020-019

259.85

260.50

0.65

1.81

Au-AA24

SB-2020-019

260.50

261.00

0.50

0.98

Au-AA24

SB-2020-019

261.00

262.00

1.00

1.05

Au-AA24

SB-2020-019

262.00

263.00

1.00

0.29

Au-AA24

SB-2020-019

263.00

263.70

0.70

0.86

Au-AA24

SB-2020-019

263.70

264.35

0.65

0.14

Au-AA24

SB-2020-019

264.35

265.00

0.65

0.18

Au-AA24

SB-2020-019

265.00

266.00

1.00

0.06

Au-AA24

SB-2020-019

266.00

267.00

1.00

0.21

Au-AA24

SB-2020-021

78.85

79.50

0.65

1.75

Charlotte HW Zone

Au-AA24

SB-2020-021

79.50

80.00

0.50

5.42

Au-AA24

SB-2020-021

80.00

80.50

0.50

3.59

Au-AA24

SB-2020-021

80.50

81.00

0.50

0.30

Au-AA24

SB-2020-021

81.00

81.50

0.50

0.26

Au-AA24

SB-2020-021

81.50

82.00

0.50

0.32

Au-AA24

SB-2020-021

82.00

83.00

1.00

0.50

Au-AA24

SB-2020-021

83.00

84.00

1.00

0.32

Au-AA24

SB-2020-021

84.00

85.50

1.50

0.22

Au-AA24

SB-2020-021

85.50

86.20

0.70

0.03

Au-AA24

SB-2020-021

86.20

86.70

0.50

1.19

Au-AA24

SB-2020-021

208.45

209.10

0.65

1.27

Charlotte Zone

Au-AA24

SB-2020-021

209.10

210.15

1.05

0.69

Au-AA24

SB-2020-021

210.15

211.05

0.90

0.26

Au-AA24

SB-2020-021

211.05

212.20

1.15

0.12

Au-AA24

SB-2020-021

212.20

213.30

1.10

0.04

Au-AA24

SB-2020-021

213.30

214.00

0.70

0.69

Au-AA24

SB-2020-021

214.00

214.50

0.50

1.06

Au-AA24

SB-2020-021

214.50

215.20

0.70

0.35

Au-AA24

SB-2020-021

215.20

215.70

0.50

0.89

Au-AA24

SB-2020-021

215.70

216.45

0.75

1.11

Au-AA24

SB-2020-021

216.45

217.00

0.55

0.58

Au-AA24

SB-2020-021

217.00

217.50

0.50

0.16

Au-AA24

SB-2020-021

217.50

218.00

0.50

0.35

Au-AA24

SB-2020-021

218.00

218.65

0.65

0.60

Au-AA24

SB-2020-021

218.65

219.45

0.80

0.81

Au-AA24

SB-2020-021

219.45

219.95

0.50

0.53

Au-AA24

SB-2020-021

219.95

221.00

1.05

1.22

Charlotte Zone

Au-AA24

SB-2020-021

221.00

222.00

1.00

0.00

No Recovery

SB-2020-021

222.00

223.35

1.35

0.68

Au-AA24

SB-2020-021

223.35

224.20

0.85

2.89

Au-AA24

SB-2020-021

224.20

224.70

0.50

4.20

Au-AA24

SB-2020-021

224.70

225.50

0.80

1.50

Au-AA24

SB-2020-021

225.50

226.00

0.50

1.57

Au-AA24

SB-2020-021

226.00

226.80

0.80

2.04

Au-AA24

SB-2020-021

226.80

227.30

0.50

22.60

Au-GRA22

SB-2020-021

227.30

228.00

0.70

2.88

Au-AA24

SB-2020-021

228.00

228.85

0.85

2.89

Au-AA24

SB-2020-021

228.85

229.75

0.90

1.35

Au-AA24

SB-2020-021

229.75

230.70

0.95

2.59

Au-AA24

SB-2020-021

230.70

231.25

0.55

2.86

Au-AA24

SB-2020-021

231.25

232.00

0.75

2.70

Au-AA24

SB-2020-021

232.00

233.20

1.20

1.03

Au-AA24

SB-2020-021

233.20

234.50

1.30

0.68

Au-AA24

SB-2020-021

234.50

235.60

1.10

1.81

Au-AA24

SB-2020-021

235.60

236.65

1.05

1.01

Au-AA24

SB-2020-021

236.65

237.20

0.55

2.01

Au-AA24

SB-2020-021

237.20

238.20

1.00

1.34

Au-AA24

SB-2020-021

238.20

239.20

1.00

2.07

Au-AA24

SB-2020-021

239.20

240.30

1.10

2.57

Au-AA24

SB-2020-021

240.30

241.10

0.80

2.83

Au-AA24

SB-2020-021

241.10

242.05

0.95

0.69

Au-AA24

SB-2020-021

242.05

243.00

0.95

0.52

Au-AA24

SB-2020-021

243.00

244.00

1.00

1.29

Au-AA24

SB-2020-021

244.00

244.50

0.50

0.54

Au-AA24

SB-2020-021

244.50

245.40

0.90

0.12

Au-AA24

Notes: Diamond drill hole SB-2020-005A has collar orientation of Azimuth 154; Dip -56. Diamond drill hole SB-2020-006 has collar orientation of Azimuth 174; Dip -46. Diamond drill hole SB-2020-007 has collar orientation of Azimuth 120; Dip -60. Diamond drill hole SB-2020-008 has collar orientation of Azimuth 197; Dip -53. Diamond drill hole SB-2020-009 has collar orientation of Azimuth 199; Dip -61. Diamond drill hole SB-2020-011A has collar orientation of Azimuth 215; Dip -53. Diamond drill hole SB-2020-013 has collar orientation of Azimuth 160; Dip -45. Diamond drill hole SB-2020-015 has collar orientation of Azimuth 205; Dip -52. Diamond drill hole SB-2020-017 has collar orientation of Azimuth 193; Dip -50. Diamond drill holes SB-2020-017A and SB-2020-017AW1 have collar orientations of Azimuth 193; Dip -48. Diamond drill hole SB-2020-019 has collar orientation of Azimuth 193; Dip -55. Diamond drill hole SB-2020-021 has collar orientation of Azimuth 187; Dip -50.True widths are estimated 40 - 90% of intercept lengths and are based on oriented core measurements where available. Method reported includes the most up to date information as of this press release.


Talisker is providing an opportunity for shareholders and other interested parties to participate in a Webinar to be held at 4 pm ET on Thursday, February 4th. To register, please click on the following link - https://us02web.zoom.us/webinar/register/WN_86qwSGqUTLCyEBO2w2SM3w. After registering, you will receive a confirmation email containing information about joining the webinar.

About Talisker Resources Ltd.

Talisker (taliskerresources.com) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects. With its properties comprising 278,364 hectares over 256 claims, three leases and 198 crown grant claims, Talisker is a dominant exploration player in the south-central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.

For further information, please contact:

Terry Harbort
President & CEO
Terry.harbort@talliskerresources.com
+1 416 361 2808

Mick Carew
VP, Strategic and Corporate Development
mick.carew@taliskerresources.com
+1 604 803 7711

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.

Sample Preparation and QAQC

Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm respectively). Drill core samples are minimum 50 cm and maximum 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 3 m both above and below the interval of interest must be assigned. Sample QAQC measures of unmarked certified reference materials (CRMs), blanks, and duplicates are inserted into the sample sequence and make up 9% of the samples submitted to the lab for holes reported in this release.

Sample preparation and analyses is carried out by ALS Global, at their laboratory in North Vancouver, British Columbia, Canada. Drill core sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (code PREP-31).

Gold and in diamond drill core is analysed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (code Au-AA24), while multi-element chemistry is analysed by 4-Acid digestion of a 0.25 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr).

Gold assay technique Au-AA24 has an upper detection limit of 10ppm. Any sample that produces an over-limit gold value via the Au-AA24 technique is sent for gravimetric finish via method Au-GRA22 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 3 ppm Au are re-analysed with method Au-SCR24 which employs a 1kg pulp screened to 100 microns with assay of the entire oversize fraction and duplicate 50g assays on the undersize fraction. Where possible all samples initially sent to screen metallics processing will also be re-run through the fire assay with gravimetric finish provided there is enough material left for further processing.

Caution Regarding Forward Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Talisker's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the operations of the Company and the timing which could be affected by the current global COVID-19 pandemic. Those assumptions and factors are based on information currently available to Talisker. Although such statements are based on reasonable assumptions of Talisker's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

While Talisker considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.

The forward-looking information contained in this release is made as of the date hereof, and Talisker is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Figure 1: Map of the Bralorne Gold Project showing major high-grade vein structures projected to surface (white) and surface infrastructure.

Figure 2: Long section of the Bralorne Gold Project showing the relative target depths for 1) near-surface bulk tonnage gold mineralization (surfacer to 300m), high-grade veins targeted for resource drilling in 2021 (300m to 700m) and high-grade veins at depth that could be drilled in 2021 but will not be the focus of the 2021 resource drill program (700m to ~2,000m).

Figure 3 shows drill hole traces of drill holes into the Charlotte Zone to date.

SOURCE: Talisker Resources Ltd.



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