Talisker Receives Assay Results from 1075 Level Lateral Development at the Mustang Mine

Rhea-AI Summary

Talisker Resources (OTCQX: TSKFF) has announced significant assay results from underground face sampling at its Mustang Mine's 1075 level. The company reported multiple high-grade gold intersections, with the most notable result being 60.5 g/t gold over 0.57m within 8.8 g/t over 4.01m from the Alhambra Vein.

Development continues across multiple veins on the 1060, 1105, and 1120 levels. The results demonstrate strong grade continuity between the 1075 and 1105 levels, with potential to extend high-grade shoots over 60 meters vertically. The company expects to release additional sampling results from the 1060 and 1120 levels.

Positive

• Multiple high-grade gold intersections with peak values of 60.5 g/t gold
• Strong grade continuity confirmed between different mine levels
• Development progressing simultaneously across multiple veins
• Potential extension of high-grade shoots over 60 meters vertically

Negative

• None.

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce that the Company has received additional assay results from underground face sampling of lateral development from the 1075 level at the Mustang Mine. In-vein development continues in multiple veins on the 1060, 1105 and 1120 levels above and below the 1075.

Key Highlights:

• 60.5 g/t over 0.57m within 8.8 g/t over 4.01m from Alhambra Vein, West Face No. 23 (sample X000831)
• 46.4 g/t over 0.46m and 45.2 g/t over 0.49m within 17.2 g/t over 2.64m from Alhambra Vein, East Face No. 2 (samples X000388, X000389)
• 44.7 g/t over 0.66m within 10.7 g/t over 3.08m from Alhambra Vein, West Face No. 22 (sample X000822)
• 38.7 g/t over 0.67m within 8.5 g/t over 3.21m from Alhambra Vein, West Face No. 2 (sample X000355)
• 37.8 g/t over 0.9m and 24.3 g/t over 0.53m within 13.8 g/t over 3.45m from Alhambra Vein, East Face No. 3 (samples X000411, X000412)
• 30.3 g/t over 0.77m within 8.5 g/t over 2.85m from Alhambra Vein, East Face No. 1 (sample X000348)
• 26.7 g/t over 0.78m within 6.7 g/t over 3.38m from Alhambra Vein, West Face No. 1 (sample X000344)
• 25.2 g/t over 0.92m within 6.7 g/t over 4.02m from BK9870 Vein, West Face No. 1 (sample X002237)
• 23.4 g/t over 0.88m within 5.8 g/t over 3.58m from Alhambra Vein, East Face No. 5 (sample X000437)
• 21.7 g/t over 0.38m and 10.6 g/t over 0.46 m within 5.56 g/t over 3m from Alhambra Vein, West Face No. 15 (samples X000554, X000556)
  
  

Terry Harbort, CEO of Talisker stated, “This next round of impressive results, taken mostly on Alhambra Vein from the 1075 level confirm excellent down plunge continuity from the previous release and show strong support for the grade of the defined stopes between the 1075 and 1105 levels. We expect to be releasing further down plunge face samples from the 1060 level below and up plunge sampling on the 1120 level potentially extending these spectacular high-grade shoots to over 60m vertically.”

Bralorne Gold Project Mustang Ming –1075 Lateral Development Assay Results *
Channel Sample Name	From (m)	To (m)	Length (m)	Au (ppm)	Comp Grade		Comp Length		Sample #
M1075_Alh_OD_W1_F23	1.82	2.39	0.57	60.5	8.8094		4.01		X000831
M1075_Alh_OD_E1_F2	1.45	1.91	0.46	46.4	17.1506		2.64		X000389
M1075_Alh_OD_E1_F2	0.96	1.45	0.49	45.2	17.1506		2.64		X000388
M1075_Alh_OD_W1_F22	1.44	2.1	0.66	44.7	10.7415		3.08		X000822
M1075_Alh_OD_W1_F2	1.81	2.48	0.67	38.7	8.4546		3.21		X000355
M1075_Alh_OD_E1_F3	1.14	2.04	0.9	37.8	13.7994		3.45		X000411
M1075_Alh_OD_E1_F1	0.97	1.74	0.77	30.3	8.5399		2.85		X000348
M1075_Alh_OD_W1_F1	2.17	2.95	0.78	26.7	6.6976		3.38		X000344
M1075_BK9870_OD_W1_F1	0.63	1.55	0.92	25.2	6.6648		4.02		X002237
M1075_Alh_OD_E1_F3	2.04	2.57	0.53	24.3	13.7994		3.45		X000412
M1075_Alh_OD_E1_F5	0.89	1.77	0.88	23.4	5.7948		3.58		X000437
M1075_Alh_OD_W1_F15	1.64	2.02	0.38	21.7	5.5623		3		X000556
M1075_Alh_OD_E1_F10	1.59	2.19	0.6	18.4	3.4215		3.59		X000482
M1075_Alh_OD_W1_F12	1.05	1.64	0.59	17.2	3.1036		3.4		X000534
M1075_Alh_OD_E1_F4	1.03	1.79	0.76	13.3	3.175		3.23		X000427
M1075_Alh_OD_W1_F14	1.4	1.9	0.5	10.6	2.1347		3.07		X000549
M1075_Alh_OD_W1_F15	0.51	0.97	0.46	10.6	5.5623		3		X000554
M1075_Alh_OD_W1_F16	1.82	2.3	0.48	9.08	3.6084		3.05		X000562
* Estimated true widths are between 80% and 100%.

A Media Snippet accompanying this announcement is available by clicking on this link.

 For further information, please contact:

Terry Harbort
President and CEO
terry.harbort@taliskerresources.com
+1 416 357 0227

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 (taliskerresources.com) 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 an historical high-grade producing gold mine and the Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt, and several other early-stage Greenfields 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 a minimum of 50 cm 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 3m 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 makeup 9% of the samples submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in North Vancouver, British Columbia, Canada and SGS Canada in Burnaby, 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 (ALS code PREP-31 / SGS code PRP89). Gold in diamond drill core is analyzed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26 / SGS code GO_FAA50V10), while multi-element chemistry is analyzed 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 (ALS code Au-AA26 / SGS code FAA50V10) has an upper detection limit of 100 ppm. Any sample that produces an over-limit 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 1 ppm Au are re-analyzed with method (ALS code Au-SCR24 / SGS code - 6 - GO_FAS50M) 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. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. 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.

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, access and supply risks, reliance on key personnel, operational risks regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals.

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.

FAQ

What were the highest gold grades reported in Talisker's (TSKFF) latest assay results?

The highest grade reported was 60.5 g/t gold over 0.57m within 8.8 g/t over 4.01m from the Alhambra Vein, West Face No. 23.

Which areas of the Mustang Mine is Talisker currently developing?

Talisker is currently developing multiple veins on the 1060, 1075, 1105, and 1120 levels of the Mustang Mine.

What is the vertical extent of the high-grade shoots at Talisker's Mustang Mine?

The high-grade shoots potentially extend over 60 meters vertically, with ongoing sampling between the 1060 and 1120 levels.

How many significant gold intersections did Talisker report from the 1075 level?

Talisker reported 18 significant gold intersections from the 1075 level, with many showing high-grade results above 20 g/t gold.

What is the estimated true width of the reported gold intersections at the Mustang Mine?

According to the press release, the estimated true widths are between 80% and 100% of the reported intersections.