Talisker Restarts drilling at Bralorne and Continues to Intercept New High-Grade Veins

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Talisker Restarts drilling at Bralorne and Continues to Intercept New High-Grade Veins

by ahnationtalk on January 13, 202240 Views

Toronto, Ontario, January 13, 2022 – Talisker Resources Ltd. (“Talisker” or the ” Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to announce the restart of drilling at its 100% owned flagship Bralorne Gold Project. In addition, the Company has received high- grade results from drill hole SB-2021-077A highlighted by 22.99 g/t Au over 2.0 metres within 2.89 g/t Au over 18.40 metres.

Key Points:

  • The Company has initiated drilling with a total of six drill rigs with a seventh starting later in the month.
  • Hole SB-2021-077A intersected high-grade mineralization within a newly defined vein highlighted by

22.99 g/t Au over 2.0 metres within a broader zone of 2.89 g/t Au over 18.40 metres.

  • Another new vein was intersected between 664.5 and 665 metres grading 9.08 g/t Au.
  • The 55FW vein was intersected between 900.28 and 901.3 metres grading 6.47 g/t Au.
  • SB-2021-077A is the 10th intersection on the 55FW vein.
  • The 53 vein was intersected at a depth of 1,007.7 metres and graded 35.40 g/t over 0.5 metres within 3.14 g/t Au over 6.20 metres.
  • SB-2021-077A is the 34th intersection on the 53 vein highlighted by previously released results of 6.83 g/t Au over 1.5 metres (hole SB-2020-008), 16.42 g/t Au over 1.10 metres (hole SB-2021-012) and 8.67 g/t Au over 1.25 metres within 2.04 g/t Au over 15.10 metres (hole SB-2021-049).
  • The Company continues to advance rapidly to its maiden resource for the Bralorne Gold Project expected during Q2 2022.

Terry Harbort, President and CEO of Talisker commented, “We are very pleased to be starting drilling again at Bralorne following what was a challenging 2021 for our communities, staff and the junior exploration industry as a whole. Talisker advanced strongly last year with our drill program and we invisage a further 20,000m to reach our planned resource target.”

A total of 83,847 metres consisting of 164 holes of a planned and fully funded 100,000 metres was drilled at the Bralorne Gold Project in 2021 with a total of 104,162 metres (197 holes) completed since Talisker initiated drilling in February 2020. A total of 28,833 samples are currently at the assay laboratory and are expected to be received by the Company shortly.

SB-2021-077A Hole Description

  • Complete results have been received for this hole.
  • Located in the Bralorne West block and centrally located within the Bralorne Diorite intrusive.
  • Broad zones of mineralization related to a new vein intersected from 222.10 to 240.00m.
  • 55 Footwall vein intersected from 900.28 to 901.82m.
  • 53 vein intersected from 1,007.70 to 1,009.00m with visible gold.
  • Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae hosting fine-grained arsenopyrite and pyrite mineralization with strong silica-sericite alteration halos.
  • Zones of broader mineralization are hosted in both the granitic intrusive and diorite as zones of increased veinlet density associated with intense silica-sericite alteration and disseminated pyrite-arsenopyrite mineralization.

Table 1: Bralorne Gold Project – Drill Hole SB-2021-077A

Diamond Drill From To Interval Au Zone Method Reported
Hole Name (m) (m) (m) (g/t)
SB-2021-077A 221.6 222.1 0.5 0.38 Au-AA26
SB-2021-077A 222.1 222.6 0.5 3.69 Au-SCR24
SB-2021-077A 222.6 224 1.4 0.01 Au-AA26
SB-2021-077A 224 225 1 0.18 Au-AA26
SB-2021-077A 225 226 1 0.40 Au-AA26
SB-2021-077A 226 226.5 0.5 0.17 Au-AA26
SB-2021-077A 226.5 227 0.5 0.46 Vein Halo Au-AA26
SB-2021-077A 227 227.5 0.5 0.02 Au-AA26
SB-2021-077A 227.5 228 0.5 0.12 Au-AA26
SB-2021-077A 228 228.5 0.5 0.98 Au-AA26
SB-2021-077A 228.5 229 0.5 0.82 Au-AA26
SB-2021-077A 229 229.5 0.5 0.10 Au-AA26
SB-2021-077A 229.5 230 0.5 0.02 Au-AA26
SB-2021-077A 230 230.5 0.5 0.15 Au-AA26
SB-2021-077A 230.5 231.3 0.8 1.65 Au-SCR24
SB-2021-077A 231.3 232 0.7 25.10 New Vein Au-SCR24
SB-2021-077A 232 232.5 0.5 24.80 Au-SCR24
SB-2021-077A 232.5 233.3 0.8 20.00 Au-SCR24
SB-2021-077A 233.3 233.8 0.5 1.89 Au-SCR24
SB-2021-077A 233.8 234.3 0.5 0.62 Au-AA26
SB-2021-077A 234.3 234.9 0.6 0.32 Au-AA26
SB-2021-077A 234.9 236 1.1 0.11 Au-AA26
SB-2021-077A 236 237 1 0.03 Vein Halo Au-AA26
SB-2021-077A 237 238 1 0.06 Au-AA26
SB-2021-077A 238 239 1 0.02 Au-AA26
SB-2021-077A 239 240 1 0.22 Au-AA26
SB-2021-077A 662.5 664 1.5 0.24 Au-AA26
SB-2021-077A 664 664.5 0.5 3.87 Au-SCR24
SB-2021-077A 664.5 665 0.5 9.08 New Vein Au-SCR24
SB-2021-077A 665 666 1 0.29 Au-AA26
SB-2021-077A 666 667 1 0.18 Au-AA26
SB-2021-077A 900.28 901.3 1.02 6.47 55FW Vein Au-SCR24
SB-2021-077A 901.3 901.82 0.52 1.24 Au-SCR24
SB-2021-077A 1005.7 1006.2 0.5 0.71 Au-AA26
SB-2021-077A 1006.2 1006.7 0.5 0.14 Au-AA26
SB-2021-077A 1006.7 1007.2 0.5 0.04 Au-AA26
SB-2021-077A 1007.2 1007.7 0.5 0.01 53 Vein Au-AA26
SB-2021-077A 1007.7 1008.2 0.5 35.40 Au-AA26
SB-2021-077A 1008.2 1009 0.8 0.01 Au-AA26
SB-2021-077A 1009 1010.5 1.5 0.01 Au-AA26
SB-2021-077A 1010.5 1011.9 1.4 0.93 Au-AA26

Table 1: Bralorne Gold Project – Drill Hole SB-2021-077A

Diamond Drill From To Interval Au Zone Method Reported
Hole Name (m) (m) (m) (g/t)

Notes: Diamond drill hole SB-2021-077A has collar orientation of Azimuth 180; Dip -53.5. True widths are estimated at 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 the date of this press release.

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 of gold projects in British Columbia, Canada. Talisker’s projects include two advanced-stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced-stage projects with significant exploration potential from historical high-grade producing gold mines, 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 296,983 hectares over 346 claims, three leases and 198 crown grant claims, Talisker is a dominant exploration player in 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 and CEO

[email protected]

+1 416 361 2808

NT4

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