Talisker engages SGS for Bralorne PEA and mineral resource update

Talisker has hired SGS Canada to prepare an NI 43-101 Technical Report that will include an updated Mineral Resource Estimate and a Preliminary Economic Assessment; the update will incorporate 138 additional drill holes (31,093 m) and mining depletion at Mustang in 2025, and the report is expected in Q2 2026.

Talisker Resources Ltd. has engaged SGS Canada Inc. to prepare an NI 43-101 compliant Technical Report for the Bralorne Gold Project. The report will include an updated Mineral Resource Estimate and a Preliminary Economic Assessment. The resource update will incorporate an additional 138 drill holes totaling 31,093 metres and will reflect depletion from areas mined at the Mustang Mine in 2025. Operations at the Bralorne Gold Project are reported to be in the commissioning and ramp-up phase. Key points: - SGS Canada Inc. has been contracted to produce a Technical Report that includes an MRE and a PEA. - The MRE will update the company’s 2023 estimate and add data from 138 new drill holes (31,093 m). - The update will account for depletion of areas mined by Talisker at the Mustang Mine in 2025. - Talisker has engaged third-party consultants to prepare studies on mining, infrastructure, process, and capital and operating costs. - Results from those studies will be provided to SGS for review and inclusion in the PEA. - The combined Technical Report with the MRE and PEA is expected to be completed during Q2 2026. Summary: The company has moved to consolidate recent drilling and study work into an independent NI 43-101 Technical Report prepared by SGS Canada. The report will update the mineral resource picture and provide a preliminary economic assessment using additional drilling data and consultant studies, with completion expected in Q2 2026.