Tirzzit Drill Campaign Starts
Talisman Metals PLC has commenced its drilling campaign at the Tirzzit Project, planning to drill 33 holes totaling 2,770 meters along a 4km strike, with depths ranging from 40m to 140m. This campaign follows the acquisition of the project from Aya Silver & Gold Inc., a company in which Talisman holds a 4.7% stake. Historic drilling results from the Bureau of Research and Mining Participations between 1972 and 1976 reported intersections of 3.16% Cu over 2.5m and 0.60% Cu over 11.4m.
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Talisman Metals PLC ("Talisman" or the "Company") announces that the drilling campaign at Tirzzit has commenced (see press release of 18 August 2026). The drill programme is presently scheduled to drill 33 holes for a total of 2,770m, with additional capacity to drill targets of opportunity throughout the campaign. Planned hole depth ranges anywhere from 40m to 140m and work will be undertaken along the entire 4km strike (see press release of 23 July 2026). The Company will provide updates as drilling progresses.
Pictures 1 & 2: RC drill rig and compressor at site
About the Tirzzit Project
The Tirzzit Project is a sediment-hosted stratiform Cu-Ag system, located 225km east of the city of Agadir, Morocco. The acquisition transaction of the Project was announced February 16, 2026 (see press release) from a wholly owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF) ("Aya"), the Company's 4.7% shareholder. The Tirzzit Project consists of two mining licenses covering a surface area of 16.5km2. Historic drilling results, as reported by Moroccan Government agency Bureau of Research and Mining Participations (BRPM) between 1972 and 1976 ("BRPM Reports"), include drill intersections of 3.16% Cu over 2.5m and 0.60% Cu over 11.4m. Presently the Company is reviewing the extensive BRPM Reports and past collected geophysical data for exploration planning slated to commence in 3Q2026. Talisman continues to process with Aya the formal transfer of the Tirzzit licences on the back of the sale agreement announced February 16, 2026.
| Reverse Circulation ("RC") drilling | A fast, cost-effective method for collecting rock samples. Compressed air is pumped down the annulus (the space between inner and outer drilling tubes), while pulverized rock cuttings are forced back up through the inner tube to the surface. This "reverse" flow is what gives the method its name and ensures dry, uncontaminated samples suitable for analysis. |
Nominated Adviser Statement
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