Announcement • Apr 29
Talisman Metals plc Provides Update on Tirzzit Project Sampling and Exploration Results Talisman Metals PLC reported it has collected 7 channel samples at the Tirzzit Project, for a total length of 23m and 38 Trench samples including 5 QAQC samples and 3 Grab samples which have been sent for assaying. The first phase of fieldwork at Tirzzit consists of testing the grade and thickness of mineralisation along strike, from west to east, on outcrop in order to confirm: lateral continuity; historical Copper (Cu) and Silver (Ag) grades; and the location of thicker intervals for channel sampling at approximately 100m spacing, using a Jacob staff to determine true thickness and improve understanding of the controls on mineralisation. The initial 700m of strike targeted a horizon 1 to 5m thick from surface, exhibiting malachite mineralisation at surface amongst the 4.6 kilometres mineralized horizons that has been historically identified. The next phases of sampling will include: continuing channel sampling of the basal series from west to east, from Licence LE393478 to LE393507; channel sampling of the basal series within historical adits developed by the BRPM; conducting mapping of the lower limestone units to identify gossans, followed by grab sampling-initially above historically successful drill holes and subsequently across untested areas; and infill sampling of historical stream sediment coverage within previously untested watersheds. The preparation of a drill programme to redrill historical short holes that have missed mineralisation and drill out open extensions of mineralisation. 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 from a wholly owned subsidiary of Aya Silver & Gold Inc. (TSX: AYA; OTCQX: AYASF), the Company's 4.7% shareholder. The 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 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 Second Half 2026. Talisman is processing with Aya the formal transfer of the Tirzzit licences on the back of the acquisition agreement announced February 16, 2026. The technical disclosure in this news release has been approved by Fabien Linares, MSc, MAusIMM, a Qualified Person as defined in JORC 2012. The scientific and technical information summarized in this disclosure and related to historic exploration was reviewed by Mr. Linares and he has visited the Project area. Mr. Linares is Head Geologist of Talisman Metals PLC and has sufficient experience that is relevant to the commodity, style of mineralisation or type of deposit under consideration and activity which he is undertaking to qualify as a Competent Person under the JORC code (2012 Edition). The information in this announcement that relates to historical reported exploration results is based on, and fairly represents, information and supporting documentation prepared by previous operators and/or extracted from historical reports. The historical exploration results referred to in this announcement were reported prior to the introduction of the JORC Code (2012) and have not been reported in accordance with the JORC Code (2012). A Competent Person has not done sufficient work to disclose the historical exploration results in accordance with the JORC Code (2012). It is possible that following further evaluation and/or exploration work, the accuracy and reliability of the historical exploration results may not be confirmed. The Company has not independently verified the historical exploration results, and no assurance can be given that future exploration work will result in the confirmation or upgrade of the historical results to JORC Code (2012) compliant Mineral Resources or Ore Reserves. The Company considers the historical exploration results to be relevant as they provide an indication of the potential of the project. However, the information should not be relied upon as a representation of the current mineral resource or exploration potential. Announcement • Feb 25
Talisman Metals plc Announces Commencement of Exploration Work At Fougnar Cu-Ag Project Talisman Metals PLC announced the commencement of a preliminary exploration programme at its Fougnar Copper-Silver Project (the "Project") within the Tizert group of licenses that Talisman recently acquired. The exploration work is focused on improving the Company's understanding of structural geography at the Project and establishing drill-ready targets for subsequent campaigns later in 2026. The exploration programme integrates trenching, ground geophysics, and stream sediment sampling, designed to define priority targets across the Project area. Additionally, a modest scout drill work program will be conducted to improve Project stratigraphy understanding. Exploration Programme Overview 1-Ground geophysics, 2 phases: Phase 1: Transient Electromagnetics (TEM) surveys on a 250m x 250m grid over the southern permit area and Higher-Resolution TEM surveys on a 250m x 100m grid over the northern permit area to map out structures that control mineralisation (Paleorelief of basement rock) and resistive profiles to track conductive "horizons" up to 500m deep. Phase 2: Four-pole dipole-dipole Induced Polarisation (IP) 1km profiles across priority targets in the northern permit area to track mineralised/conductive and chargeable sulphide rich horizons up to 300m deep. Scout reverse circulation drilling to test geological stratigraphy associated with mapped data and outcropping Cu-Ag down dip from previous trench results (FO-CH09 with 1.1m @ 1.16% Cu and 53g/t Au, FO-CH02 with 0.6m @ 0.41% Cu and FO-CH04 0.7m @ 0.70% Cu and 17g/t Au. Geological Rationale The current programme is designed to test both strike and depth continuity of mineralised Cu-Ag zones and to assess the broader prospectivity of the Project area. Next steps Mobilisation and field activities have commenced and will be completed over the coming weeks. Results from trenching, geophysics, and geochemical sampling will be used to refine drill targets, with further updates to be provided as data become available. The technical disclosure in this news release has been approved by Fabien Linares, MSc, MAusIMM, a Qualified Person as defined in JORC 2012. The scientific and technical information summarized in this disclosure and related to historic exploration was reviewed by Mr. Linares and he has visited the Project area. Mr. Linares is Head Geologist of Talisman Metals PLC and has sufficient experience that is relevant to the commodity, style of mineralisation or type of deposit under consideration and activity which he is undertaking to qualify as a Competent Person under the JORC code (2012 Edition). Mineralisation observed in the outcropping sedimentary host units on Trench CH09 (left). Malachite and Azurite (copper-carbonate) mineralisation from FO-CH09 (left). Announcement • Feb 12
Talisman Metals PLC Appoints Fabien Linares as Head Geologist Talisman Metals PLC announced it has appointed Fabien Linares as Head Geologist. Mr. Linares is a professional geologist with 20 years of experience and is a member of the AusIMM with a Master's Degree in management of Geo Resources from ENSEGID - Bordeaux INP. His most recent work was with SRK Consulting UK where he managed a 30-drill-rig exploration program for resource generation in Saudi Arabia. His career includes previous roles at CSA Global, Endeavour Mining Corporation and Fortescue Metals Group. Mr. Linares has extensive experience working throughout Africa managing exploration and resource development programs. 
