Talon Metals intercepts high-grade nickel-copper at Vault Zone

Tamarack, Minnesota--(Newsfile Corp. - August 4, 2026) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) (" Talon " or the " Company ") today announced new assay results from ongoing drilling at the Vault Zone within the Tamarack Nickel-Copper-Cobalt Project in central Minnesota. The results include high-grade massive sulphide mineralization on the 710-meter level, a broad interval of mixed massive sulphide stringer mineralization, a new intercept on the deeper 802-meter level, and additional mineralization on the shallower 610-meter level. Together, these results provide further support for the interpreted vertical continuity and stacked nature of the Vault Zone mineralized system.

Highlights Selected assay highlights are summarized below and in Table 1, with full assay results and downhole depths provided in Table 3.

Drill hole 25TK0568C intercepted 7.20 meters of Massive Sulphide Unit (" MSU ") and Mixed Massive Sulphides (" MMS ") grading 6.75% Ni, 7.50% Cu, 0.07% Co, 4.89 g/t Pt+Pd, and 2.32 g/t Au (12.27% NiEq or 23.42% CuEq) starting at 723.70 meters, including 2.50 meters grading 13.48% Ni, 12.05% Cu, 0.11% Co, 10.03 g/t Pt+Pd, and 4.75 g/t Au (22.48% NiEq or 44.97% CuEq) starting at 727.45 meters. The intercept corresponds to the 710-meter level shown in Figures 2 and 3; representative drill core is shown in Figure 1.

Drill hole 25TK0568C also intercepted 7.15 meters grading 3.00% Ni, 5.95% Cu, 0.03% Co, 2.86 g/t Pt+Pd, and 0.69 g/t Au (7.02% NiEq or 12.77% CuEq) starting at 630.85 meters, providing additional support for mineralization on the shallower 610-meter level (see Figure 2 and Table 3).

Drill hole 25TK0567A intercepted 30.62 meters of MMS mineralization within the Stringer Zone grading 2.19% Ni, 3.92% Cu, 0.02% Co, 3.64 g/t Pt+Pd, and 0.99 g/t Au (5.30% NiEq or 9.76% CuEq) starting at 680.63 meters (see Figure 2 and Table 3).

Drill hole 25TK0567 intercepted 103.42 me