Corporate Presentation

November 2020

Excellence In Exploration

Exploring The Crown Jewel of Canadian Mining

T S X : T S K

O T C Q X : T S K F F

1

Forward Looking Statements

2November 2020

Certain statements in this presentation are forward-looking statements, which reflect the expectations of management regarding thebusiness development objectives and plans of Talisker Resources Ltd. (“Talisker” or the“Company”).

Forward-looking information contained in this presentation are based on certain factors and assumptions regarding, among other things, thereceipt of all necessary regulatory approvals, availability of necessary financing, potential mineralization on the properties proposed to beacquired, and other similar matters. While Talisker considers these assumptions to be reasonable based on information currently availableto it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors whichmay cause the actual results, performance or achievements to be materially different from any future results, performance or achievementsexpressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineraldeposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade orrecovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increasedcompetition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks regulatory risks,including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title andenvironmental risks and risks relating to the failure to receiveall requisite shareholderand regulatory approvals.

Further, these forward looking statements reflect management’s current views and are based on certain expectations, estimates andassumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company’s actual results to differmaterially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic conditions inNorth America and internationally, (2) the inherent uncertainties and speculative nature associated with gold exploration, (3) a decreaseddemand for gold, (4) any number of events or causes which may delay exploration and development of the Company’s property interests,such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does notexecute its business plan, (6) inability to finance operations and growth, (7) inability to obtain all necessary permitting and financing, and (8)other factors beyond the Company’s control. These forward looking statements are made as of the date of this presentation and Taliskerdoes not assume an obligation to update these forward looking statements, or to update the reasons why actual results differed from thoseprojected in the forward-looking statements,except in accordancewith applicable securities laws.

Additional information about Talisker and these and other assumptions, risks and uncertainties is available on SEDAR under the publicfilings of Talisker available on SEDAR at www.sedar.com. Any Resources, Reserves or other estimates as to the volume of mineralized rockcontained herein are historical estimates and were completed prior to the implementation of NI 43-101 unless expressly stated. Sufficientwork to classify the historic mineral resource as a current mineral resource has not been completed. Hence, the resource estimate shouldnot be reliedupon.

Co rpora teShare Structure and Capitalization

Capital StructureCommon Shares Outstanding 212,823,420Warrants 33,161,573Options + RSUs 11,443,750Fully Diluted SharesOutstanding

257,428,743

Market CapitalizationCapitalization ~$85 million

Strong institutional shareholder base including Franklin, RBC, Sprott,

Gold 2000, Equinox, Merk, Donald Smith and others.

~C$34M in Treasury

3November 2020

Co rpo ra te Leadersh ip

4November 2020

M A N A G E M E N T

TerryHarbortCEO, President, Director

PhD in Structural Geology and Tectonics ● Specialist in mapping and interpretation of ore geometries and ore controls coveringvarious types of geological environments with direct applications to mineral economics from target generation, target definition andevaluation, and project management ● Recognised senior member of the discovery team of AngloGold's Ashanti's La Colosa andGramalote deposits ● Co-founder and VP Exploration, Talisker Exploration Services Inc. and former Director and VP CorporateDevelopment, Sable Resources Ltd. and former Chief Geoscientist, Barkerville Gold Mines Ltd. ●

AndresTinajeroCFO, Director

MBA and Member, Canadian Institute of Chartered Professional Accountants, the Certified Practicing Accountants of Australiaand Certified member, Institute of Corporate Directors ● Served as CFO and Vice President of Finance of several medium sizedpublic companies across Canada ●

Mick Carew PhD, in GeologyVP, Corporate and Strategic Development

~20 years experience in the domestic and international mining industry ● Former senior mining analyst with Haywood Securities● Advanced exploration roles with BHP Billiton, Ivanhoe Mines, Mount Isa Mines, among others ● PhD in Economic Geologyfrom James Cook University, Queensland, Australia ●

Michael McPhieBSc, MSc, ICD.DVP, Sustainability and External Affairs

25 years senior experience in the natural resources sector ● Specialist in regulatory issues for mining projects and operationsincluding leading the environmental assessment, permitting, Indigenous engagement and government affairs for many projects inwestern and northern Canada and internationally ● Founding partner, Falkirk Environmental Consultants and former past Chair ofthe Board, Ridley Terminals Inc. and the Association for Mineral Exploration (AME), the British Columbia Institute of Technology(BCIT) and past President and CEO, Mining Association of British Columbia ●

Leonardo de SouzaBSc, PGeo,QPVP, Exploration &Resource Development

35 years experience in mineral exploration and 21 years in mineral resource estimation ● Brownfields exploration for gold andcopper, having participated in the addition of 9+ Moz of gold resources in the operations of AngloGold in South America, and 2+Moz of gold plus 4.6+ Blbs of copper in resources of the Salobo project in Brazil for Anglo American ● Resource estimation andevaluations in a range of commodities and deposit styles from grassroots opportunities to feasibility studies and mining operations●

Ruben PadillaPhD, Director of Geology

30+ years experience in the mineral exploration industry, including important research at the La Escondida deposit ● FormerExploration Country Manager in Peru and Chief Geologist for the Americas, AngloGold Ashanti Ltd. ● Member of the team thatdiscovered the Colosa and Gramalote deposits in Colombia ● Founder and chief geologist, Talisker Exploration Services Inc. andcurrent director , UniGold Inc. and Minera Alamos Inc. ●

Luis ArteagaBSc, MSc, PGeo,QPExplorationManager

13+ years experience in precious metals exploration in a wide range of mineral deposits working for various major and juniorcompanies including five years with AngloGold Ashanti in Colombia and Brazil ● Senior Geologist, Talisker Exploration Serviceswhere he worked in Mexico, Peru, Northern Ireland and Canada on behalf of the Osisko group of companies ●

Co rpo ra te Leadersh ip

5November 2020

D I R E C T O R S

Tom ObradovichExecutive Chairman

Brent GilchristDirector

Terry HarbortCEO, President Director

Morris PrychidnyDirector

Andres TinajeroCFO, Director

35+ years’ experience in mining exploration, development and financing ● Chairman, Sable Resources Ltd. andDirector, President and CEO, Canadian Continental Exploration Corp. ● Former Director, Barkerville Gold MinesLtd. ● Key individual behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2 billion in 2008) whichdiscovered the Fruta Del Norte gold deposit in Ecuador ● Co- founder, Canadian Royalties Inc., whichdiscovered and developed the Raglan south nickel belt ● Acquired most of the Matachewan gold camp throughRTO of Young-Davidson Mines Ltd. subsequently acquired by Northgate Minerals in 2005 ● Former director,Dalradian Resources Inc. ●

Accomplished finance executive with extensive experience in the investment and banking sectors ● President,JDS Resources Inc., the JDS Group of Companies’ venture capital and private equity arm responsible forinvestment management, acquisitions and project financing ● President and Co-founder, JDS Silver Inc., theowner and operator of the Silvertip Mine located in northern British Columbia ●

PhD in Structural Geology and Tectonics ● Specialist in mapping and interpretation of ore geometries and orecontrols covering various types of geological environments with direct applications to mineral economics fromtarget generation, target definition and evaluation, and project management ● Recognised senior member of thediscovery team of AngloGold's Ashanti's La Colosa and Gramalote deposits ● Co-founder and VP Exploration,Talisker Exploration Services Inc. and former Director and VP Corporate Development, Sable Resources Ltd.and former Chief Geoscientist, Barkerville Gold Mines Ltd. ●

Chartered Accountant with 35+ years experience in the mining, entertainment and real estate industries ●Current Chairman, Nighthawk Gold Corp. and Director, Fountain Asset Corp. and Northfield Capital Corporation● Former Director, Barkerville Gold Mines Ltd. acquired by Osisko Gold Royalties for $338 million in 2019 ●Director and Asset Manager, Orion Capital Incorporated, a Toronto-based asset management company ●

MBA and Member, Canadian Institute of Chartered Professional Accountants, the Certified PracticingAccountants of Australia and Certified member, Institute of Corporate Directors ● Served as CFO and VicePresident of Finance of several medium sized public companies across Canada ●

Blair ZaritskyDirector

Chartered professional accountant with 15+ years of professional experience, primarily in the mining sector ●Current Chief Financial Officer, Osisko Mining Inc. and former Chief Financial Officer and Director, Oban Exploration Limited ● Obtained Chartered Professional Accountant designation in 2003 and holds dual Bachelor of Arts degrees in accounting and economics from Brock University and Western University, respectively ●

• 290,000+ha in Mineral Claims• Majority control of three Canadian gold belts, one Orogenic, two Epithermal• Bralorne

• Historic Camp• Spences Bridge

• Emerging• Eight drill targets• 100 anomalies

• Remington• Frontier• New discoveries

• Excellent road access direct from Vancouver

• Significant Potential

Dominant Explorer in Southern BC

6November 2020

Bra lorne Pro ject History

Bralorne Sample – Royal AlbertaMuseum

7November 2020

• Three historic mines owned by separate companies, over 50 years of production

• 7.3Mt@17.7g/t for 4.2Moz from 30 veins• Historic mining at Bralorne and

Pioneer averaged 115,000oz per 50m vertical panel (2,300oz/verticalmeter)

• Mining halted in 1971 at the 20 Level (900m depth) on all except the 77 vein (due to US$35/oz gold), mining on 77 vein to 1.9km depth

• 33 other veins identified, evidence for all 63 to be open at depth many along strike

• Existing compliant near surface resource of 663,600t@9.4g/t for 174,400oz BralorneSample

Royal Alberta Museum

World Class Cont inu i ty• More than 1,300m of high grade continuity demonstrated for 77 Vein (still open)• More than 900m of high grade continuity for other veins• Average vein width 0.9m (n=63)

DriftSamples

200m 200m

27 Vein

1300

m

850m

200m

OPEN

OPEN

OPEN

200m

Aug/t0to33to55to77 to 1010to15>=15

200m

77 T Vein 51 Vein

500m

Main Vein750m

600m

1,100m

500m

600m

53 Vein 500m

500m

8November 2020

Character is t i cs o f Go ld Minera l i za t ion

• Historical mining focussed on high-grade quartz veins only.

• Preliminary drilling has intersected lower-grade vein selvage.

• Gold grades in vein selvage range from 0.5 to 1.0 g/t gold

• Combined vein/selvage increases overall vein width with minimal dilution

• Potential upside in any future mine planning scenario

9November 2020

Simi la r Depos i ts /Opera t ions

10November 2020

Curraghinalt Serra Grande Charters Towers Bralorne

Location Ireland Brazil Australia Canada

Status Development Production Production Historic Producer

Deposit type Orogenic Orogenic Orogenic Orogenic

Resource/Reserve 3.06 Moz at 15.02 g/t Au (M&I)

2.74 Moz at 4.52 g/t Au (M&I&Inf)

11.78 Moz at 14.5 g/t gold (Ind&Inf)

169,000 ounces @ 8.37 g/t Au (2014)

Production 1,400 t/d (2017 FS study) 123,000 Oz at 3.23 g/t gold (2019)

150 t/h 4.2 million ounces at 17.7 g/t gold (total)

UG Mining Method Cut & fill, long-hole Cut & fill, sub-level stoping

Long-hole stoping Shrinkage stoping, cut & fill (historic production)

Average Vein Width 0.73 m N/A 0.1 to 2 m <0.5 m to 2 m

Average stope width 1.6m (min 1.0 m) 1.8 m 1 to 1.5 metres 1.5 m

• Analogous high-grade/narrow vein deposits/operations:

*Source: 2017Feasibility Study

*Source: 2017 US SECFiling Report

*Source: 2020 technical report

*2014 technical report

• Other analogous examples include: • Cuiaba and Corrego do Sitio, Brazil (Anglo Gold Ashanti)• Challenger and Morning Star (Australia)

Drill ing Targets to Date

11November 2020

• Four veins tested to date

• Drilling targets/panels generated from historic underground drift samples (un-stoped areas only)

Long Section

Cross-section

Plan View

OPENOPEN

OPEN OPEN OPEN

Demonstrated grade increase

with depth

12November 2020

Upside – Strike Extensions

-1000

-2000

0

1000

2000

3000

4000

5000

0 5 10 15 20 25 30

Vertical

ConditionalExpectation -Au

Au(g/t)

(Fee

t)

Infrastructure• Direct Highway Access fromVancouver (231km via Hurley, 371km via Lillooet)

• Proximal to airstrip

• Active mining, tailings and water discharge permits / No acid mine drainage

• Direct grid power connection (1.5Mva) / Hydro generation plant 4km from site

• State of the art water treatment facility

• Operational camp and kitchen

• Consolidated land package (11,791 ha in 55 mineral claims, 3 leases + 181 Crown Grant claims)

• Proven process flow (gravity and float con.) / ~90% average recovery

• Key indigenous agreements signed

13November 2020

Explorat ion Dr i l l Plan• Expanded drill program from 11,200

metres to 23,000 metres• Adding two more drill rigs to increase

drilling capacity• Infrastructure (core processing facilities,

extra office/accommodation space) being mobilized

• 19 drill targets validated and 3 new, close to surface vein targets identified

• Ongoing target generation for additional under-explored close to surface veins and along trend

• Stage 1 and 2 scheduled to be complete Q3 2020

14November 2020

Aggressive Greenfields Continues

15November 2020

• 85% control of Spences Bridge Gold Belt

• 100% control of Remington GoldBelt

• Major company style systematic greenfields geochemicalprogram

• 20 geologists in the field during2020

• Phase 1 Complete: 2,934 1st order stream samples collected• Phase 2: 8,043 Soils Samples collected

• Building long term robust projectpipeline

• M&A activities to increase control• Capitalize on Year Round Field Season to Accelerate Exploration Timeline

• C$8M Budget for 2021 – 15,000m Drilling Planned

Phase 2 Explorat ion a Success

16

• 13 Phase 1 Prospects defined

• 8 Drill Ready Targets developed from Phase 2; permitting underway

• Robust multi-basin, multi-element targets

• 12 Au anomalies greater than Shovelnose discovery sample

• 100 anomalies requiring follow up

• Numerous outcropping vein

systems identified

• Full 2020 Results Pending

November 2020

ContactCo rpo ra te He ad Offic e :

350 Bay Street, Suite 400 Toronto, ON M5H 2S9

900-999 West Hastings Street Vancouver, BC V6C 2W2

Terry Harbort, President & CEO+1(416) 357-0227terry.harbort@taliskerresources.com

Mick Carew, VP Corporate DevelopmentMick.carew@taliskerresources.com

TSX:TSK OTCQX:TSKFF

Vancouver Off ic e :

17November 2020