CORRECTION FROM SOURCE: Talon Metals Reports New Assays and Step-Out Drilling Results

Executive Summary

• Talon Metals Corp. reports successful step-out drilling at the Tamarack Nickel-Copper-Cobalt Project in Minnesota, confirming massive sulphide continuity in the Vault Zone.
• Drill hole 25TK0563B intercepted 8.85 meters of Massive Sulphide Unit (MSU) grading 9.60% Ni, 12.65% Cu, and 11.44 g/t Pd+Pt, representing a significant high-grade step-out.
• New drill holes 25TK0563C and 25TK0567 demonstrate vertical and lateral continuity of Mixed Massive Sulphides (MMS) and MSU, with mineralization remaining open in all directions.

Key Details

• Drill Hole 25TK0563B (Vault Zone Step-out):
  • Intercepted 8.85 meters of Massive Sulphide Unit (MSU) starting at 774.40 meters.
  • Grading: 9.60% Ni, 12.65% Cu, 0.09% Co, 11.44 g/t Pd+Pt, and 11.12 g/t Au.
  • Equivalent Grades: 20.96% NiEq or 41.43% CuEq.
  • High-grade sub-interval: 6.33 meters grading 12.91% Ni, 16.55% Cu, 0.11% Co, 5.99 g/t Pd, 8.57 g/t Pt, and 13.59 g/t Au (27.28% NiEq / 54.56% CuEq).
  • Location: Drilled 16 meters to the northwest of discovery hole 25TK0563.
• Drill Hole 25TK0563C (Vault Zone Step-out):
  • Intercepted 8.26 meters of Mixed Massive Sulphides (MMS) and MSU starting at 773.95 meters.
  • Location: Drilled 16 meters to the southwest of hole 25TK0563 and 15 meters south of 25TK0563B.
  • Assays are pending.
• Drill Hole 25TK0567 (Deep Vault Zone):
  • Intercepted a total of 35 meters of MMS starting at 645.26 meters.
  • Location: 79 meters below hole 12TK0153C within the Tamarack Resource Area; 27 meters above the MMS intercept in hole 25TK0565.
  • Assays are pending.
• Drill Hole 25TK0565 (Context/Comparison):
  • Previously reported intercept of 19.11 meters of MMS grading 6.39% NiEq (11.67% CuEq) starting at 670.00 meters.
  • Additional intercept of 3.22 meters grading 9.90% NiEq (17.40% CuEq) starting at 703.65 meters.
• Geological Continuity:
  • Holes 25TK0565 and 25TK0567 (approx. 5 meters apart) demonstrate vertical continuity of MMS over approximately 43 meters.
  • Borehole Electromagnetic (BHEM) data indicates high conductivity at multiple levels where MSU and MMS have been intercepted.
• Operational Status:
  • Talon’s three in-house drill rigs are actively drilling the Vault Zone to expand mineralization.
  • Mineralization remains open in all directions; additional holes planned to the north and east.

Notable Quotes

• "With the transaction with Lundin Mining now complete, our combined team is positioned to advance our four strategic priorities in parallel working to materially extend the Eagle Mine life, accelerating exploration in Michigan and Minnesota, advancing permitting at the Tamarack Nickel-Copper Project and the Beulah Battery Minerals Processing Facility, and progressing engineering toward feasibility study and construction—at a time when it is vitally important to drive decisively toward U.S. critical minerals self-sufficiency," said Darby Stacey, Talon's new CEO.
• "Our methodical approach of focusing on Borehole Electromagnetic anomalies coupled with precision drilling has continued to deliver success within the Vault Zone since the Talon drill rigs returned to the Tamarack Nickel-Copper Project. The new assay results continue to demonstrate the consistency and continuity of massive sulphide mineralization at the Vault Zone," said Brian Goldner, Talon's Chief Exploration Officer.