Resources Ltd. announced 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 Second Quarter 2022. 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.