Talon Metals Corp. announced the successful completion of its Winter 2020 Exploration Program at the Tamarack Nickel-Copper-Cobalt project ("Tamarack Project"), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project: Highlights from Drill Program: 6 of 8 holes intersected massive sulphides or mixed massive sulphides; Intersected a total of 38 meters (125 feet) of mixed and massive sulphides in 6 holes; Intersected an additional total of 363 meters (1,190 feet) of disseminated sulphides in 3 holes; First assays received: 11.36 meters (37.3 feet) of 7.1 % Ni, 2.98% Cu, 0.14% Co, 1.11 g/t PGEs and 0.16 g/t Au (8.67% NiEq or 23.11% CuEq) starting at 555.05m (drill hole 12TK0153A). Assays remain pending for the other 7 drill holes; Exploration program was executed under budget, as historical parent drill holes were used to branch off to drill targets at depth; Drill targets (which were more than 500 meters below surface) were hit with precision using directional drilling, thereby reducing the environmental footprint. Deviation from drill targets ranged from 38 cm to 3 meters. The Company looks forward to providing the remaining assay results once they have been received, and plans to provide a further update on the suite of geophysical techniques utilized during the Winter 2020 Exploration Program, along with the positive potential implications for the Tamarack Project.

The company announced the resignation of Mr. Luis Azevedo from the board of directors of the Company. Mr. Azevedo, who is based in Rio de Janeiro, was previously key to Talon when it had projects in Brazil. Mr. Azevedo's resignation is in line with the company's strategy to solely focus on the Tamarack Project in Minnesota, USA.