US EV Battery Supply Chain: Talon Metals Releases Record Length of High-Grade Nickel Mineralization at the Tamarack Nickel Project

US EV BATTERY SUPPLY CHAIN: TALON METALS RELEASES RECORD LENGTH

OF HIGH-GRADE NICKEL MINERALIZATION AT THE TAMARACK NICKEL

PROJECT

Talon to Complete In-fill Drilling for Pre-Feasibility Study this Month

Tamarack, Minnesota (May 18, 2022) - Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO, OTC:TLOFF) is providing an update on the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Nickel Project"), located in central Minnesota.

The Talon team reports an additional 26 new drill holesfrom within the main zone (resource area). All of the new drill holes reported today have intercepted nickel-copper mineralization, with assays pending. Of note, drill hole 22TK0380 set a new record at the Tamarack Nickel Project, with 23.44 meters of massive sulphide nickel and copper mineralization (assays pending).

Figure 1: Record intercept of 23.44 meters at 453 meters depth in drill hole 22TK0380

Brian Goldner, Chief Exploration and Operations Officer of Talon said: "We continue to drill impressive amounts of massive sulphide nickel mineralization. These results continue to demonstrate high grades of nickel and copper mineralization within the main zone (resource area) at the Tamarack Nickel Project. We continue to see thick pooling of the high-grademassive sulphide with a record intercept length of 23.44 meters."

Henri van Rooyen, CEO of Talon said: "With the Tesla supply agreement in hand, and the goal of first production by 2026, the 4 drill rigs at site are now completely focused on infill drilling within the main zone with the goal of upgrading the high-grade resource from the 'inferred' category to the 'indicated' category. We are on target to complete our infill program for our Pre-Feasibility Study by the end of May, and then the rigs will be deployed outside the main zone with the goal of making new discoveries at the Tamarack Nickel Project."

Figure 2. Plan view geological map of the main zone (Tamarack resource area).

Table 1: Collar Locations of New Drill Holes Referred to in this Press Release

Tamarack Resource Area

				Easting			Northing			Elevation									End
	HOLE ID									Azm			Dip			Depth
			(m)			(m)			(masl)
																(m)
	16TK0249A	490888.0		5168484.0		388.0		259.0		-83.4		587.7
	16TK0249B	490888.0		5168484.0		388.0		259.6		-83.5		523.7
16TK0249C	490889.7		5168484.4		388.0		261.2		-84.1		483.6
	20TK0274	490708.0		5168541.0		388.0		113.7		-78.5		72.0
	20TK0275	490708.0		5168541.0		388.0		130.0		-78.0		26.8
	20TK0276	490707.8		5168536.9		388.1		132.0		-78.6		534.5
	21TK0279	490760.5		5168414.2		388.3		40.9		-84.6		535.2
	21TK0324	490687.7		5168539.4		388.3		137.1		-72.0		579.4
	21TK0346	490735.9		5168650.9		390.0		181.0		-87.4		479.5
	21TK0346A	490737.0		5168650.0		388.0		178.3		-87.3		430.4
	21TK0352	490701.9		5168743.0		390.5		16.6		-85.3		489.8
	21TK0359	490702.4		5168742.2		390.4		153.5		-79.7		489.8
	21TK0364	490770.5		5168676.5		390.0		9.3		-80.4		471.8
	21TK0366	490987.7		5168994.8		388.4		274.2		-69.4		517.3
	21TK0367	490770.4		5168673.0		390.2		31.5		-87.5		419.4
	21TK0370	490736.6		5168651.3		390.1		162.3		-84.9		529.7
	21TK0372	490764.9		5168688.7		389.9		154.8		-85.5		427.9
	21TK0372A	490765.0		5168687.0		388.0		153.6		-85.5		477.6
	21TK0375	490707.2		5168751.3		390.0		5.9		-81.6		450.2
	21TK0376	490858.5		5168535.5		388.4		285.9		-83.3		535.8
	21TK0377	490757.1		5168601.2		389.6		175.9		-86.9		493.2
	21TK0378	490888.0		5168484.0		388.0		233.8		-81.7		553.7
	21TK0379	490756.7		5168600.9		389.5		168.2		-81.6		498.7
	21TK0380	490772.8		5168481.3		388.0		111.6		-85.5		506.0
	22TK0381	490889.7		5168484.0		388.0		119.7		-73.9		654.4
	22TK0382	490766.0		5168677.0		388.0		20.3		-88.8		474.9

Collar coordinates are UTM Zone 15N, NAD83

Azimuths and dips are taken from survey record at collar unless otherwise noted

Table 2: Quick Lithology Log for New Drill Holes

	Hole ID			From			To (m)			Length			Lithology			% Sulphides
			(m)					(m)
			0		30						Overburden
			30		374.44						FGO/MZNO		Tr-3%
			374.44		442.96						CGO	1-3%
			442.96		446.7						SED
	16TK0249C		446.7			458.22			11.52			MMS/MSU			>30%
			458.22		469.53						SED
			469.53		470.55		1.02			MMS/MSU	>10%
			470.55		471.83						SED
			471.83		483.57						CGO
			0		32						Overburden
			32		379.64						FGO/MZNO		Tr-2%
	21TK0346A	379.64		392.66						CGO		Tr-2%
	392.66		396.6						SED
				396.6			399.82			3.22			MMS/MSU			>70%
			399.82		430.38						CGO
			0		33.03						Overburden
			330.03		331.12						FGO/MZNO		Traces
				331.12			339.53			8.41			CGO			5%
	21TK0352		339.53			340.5			0.97			MMS/MSU			>25%
				341.97			349.19			7.22			CGO			5-10%
				349.19			354.07			4.88			MMS/MSU			>25%
			354.07		489.81						CGO
			0		33.32						Overburden
			33.32		377.75						FGO/MZNO		Traces
				377.75			378.64			0.89			MMS/MSU			>75%
			378.64		385						FGO/MZNO		Tr-4%
	21TK0359	385		387.48						SED
		387.48			391.97						MMS/MSU
								4.49					>65%
			391.97		403.39						FGO/MZNO
			403.39		428.54						CGO		Tr-3%
				428.54			457.39			28.85			CGO			5-15%
			457.39		489.81						CGO
			0		29.87						Overburden
			29.87		359						FGO/MZNO		Tr-5%
	21TK0364	359		373.29						SED
				373.29			377.58			4.29			MMS/MSU			50-85%
			377.58		448.19						CGO		Tr-10%

		Hole ID		From			To (m)			Length			Lithology			% Sulphides
			(m)					(m)
				448.19		471.83						SED
				0		39.24						Overburden
				39.24		265.4						FGO/MZNO		Traces
				265.4		309.77						CGO		Traces
		21TK0366	309.77			340.76			30.99			CGO			5-10%
		340.76		361.94						CGO	2-4%
				361.94			389.23			27.29			CGO			5-20%
				389.23		512.03						CGO
				512.03		517.25						SED
				0		28.04						Overburden
				28.04		364.85						FGO/MZNO		Traces
		21TK0367	364.85		381.75						SED
				381.75			394.04			12.29			MMS/MSU			10-80%
				394.04		419.4						CGO
				0		26.89						Overburden
				26.89		386.49						FGO/MZNO		Traces
		21TK0370	386.49		408.13						CGO	2-5%
				408.13			481.03			72.9			CGO			10-40%
				481.03		529.74						CGO		Tr-3%
				0		30.28						Overburden
				30.28		376.38						FGO/MZNO		Traces
		21TK0372	376.38		395.78						SED
				395.78			398.37			2.59			MMS/MSU			>40%
				398.37		427.94						CGO		Tr-3%
				0		30.28						Overburden
				30.28		369.81						FGO/MZNO		Traces
		21TK0372A	369.81		386.83						SED
		386.83			395.63						MMS/MSU
								8.8					25-85%
				395.63		397.46						SED
				397.46		477.62						CGO		Traces
				0		33.47						Overburden
				33.47		402.95						FGO/MZNO		Traces
		21TK0376	402.95		435.19						CGO		Tr-4%
				435.19			440.5			5.31			MMS/MSU			10-90%
				440.5		535.84						CGO		Tr-4%
				0		35.97						Overburden
		21TK0377	35.97		412.09						FGO/MZNO		Tr-5%
		412.09		412.39		0.3			MMS/MSU	60%
				412.39		413.64						FGO/MZNO