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Business

Talisker Announces Preliminary Economic Assessment for the Bralorne Gold Project Highlighting C$1.0 Billion After-Tax NPV5% and 31.3% IRR at a Base-Case Gold Price of US$3,500/oz; At US$4,300/oz Spot Gold, C$1.9 Billion After-Tax NPV5% and 67.2% IRR

Financial Post ·

TORONTO, Sept. 21, 2026 (GLOBE NEWSWIRE) — Talisker Resources Ltd. ( “Talisker” or the “Company” ) (TSX: TSK, OTCQB: TSKFF) is pleased to announce the results of an independent Preliminary Economic Assessment ( “PEA” ) for its Bralorne Gold Project ( “Bralorne” or the “Project” ) located in British Columbia, Canada. The PEA was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ( “NI 43-101” ) by SGS Geological Services ( “SGS” ) with contributions from other independent engineering firms.

The Company expects to file the supporting NI 43-101 technical report on SEDAR+ within 45 days of this news release.

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Terry Harbort, CEO of Talisker, commented: “The PEA represents an important milestone for Bralorne and provides a comprehensive view of the Project’s long-term development potential. The study highlights the current operational success while building on the infrastructure, underground access and operating platform already established at site and provides a robust centralized foundation for the building of our district scale vision. Our focus now is to advance from this study and continue de-risking the Project toward the next stage of technical evaluation and permitting.”

The Company will host a webinar on Friday, September 25, 2026, at 12:00 pm ET, during which management will review the results of the PEA outlined in this news release.

Please register here: https://us02web.zoom.us/webinar/register/WN_00fXhqf-SuidsV64YJRx5Q

The webinar livestream replay will also be available after the event: https://bit.ly/adcap-youtube .

The PEA evaluates a conceptual development scenario for the Bralorne Gold Project based on the current Mineral Resource Estimate with an effective date of June 1, 2026. The assessment considers underground mining utilizing long-hole stoping mining methods and a nominal processing capacity of 2,700 tonnes per day (“ tpd ”) through a combination of sorting and milling. Once in commercial production the Project would produce on average 110 thousand ounces of gold ( “oz”, “AU” ) per year with doré smelted on site. Table 1 below presents the key results from the study.

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