MONTREAL - Tarku Resources Ltd (TSX-V: TKU - FRA: 7TK) (the 'Company' or 'Tarku') is pleased to announce initial results from its 2021 drilling program on the high-grade Silver Strike Project, Tombstone District, Arizona.

Significant results include 213.5 g/t Ag and 3.9% Mn over 3.0 m in hole SS21-004 targeting north-south structure located in the historic East Side mine area.

The first phase of 10 drill holes, completed on April 15th and totaling 3,701 feet, targeted the Silver vein system located in the historical mine areas known as the Lucky Cuss, Luck Sure, East Side and the Bunker Hill historic mines areas. The second phase of the planned 10,000-foot RC drill program, recommenced on May 5th, will put emphases on the Ground Hog, Sunset, Ace-in-the-Hole, and the Solstice historic mine areas. These holes will target a regional structure known to carry silver, manganese, copper, lead and zinc mineralisation. They will be located between 2-5 km away from the Tombstone historic mines center.

Julien Davy, President and CEO of Tarku, stated: '213 g/t Ag over 3 meters is a great start for a first systematic exploration program on the project since 1930! Although we did not hit all expected mine structures in those first 5 holes, we are very encouraged by the results obtained to date and what maybe found in the next 17 drill holes. It is a learning process for Tarku, and we still have 3/4 of our drilling results to come. We are learning about the complexity of the mineralized vein structures found at the Project, as they are not planar structures as historically reported. The presence of wide near-surface manganese and lead-zinc halos are strong indicators of a manganese-oxide silver replacement horizon. We are now looking forward to building further the knowledge of the Project as drilling continues.'

The results received to date include the first 5 holes (SS21-001 to SS21-005) targeting the north-south structures in the Lucky Cuss area. Sampling methodology includes taking of 5 ft long samples and all results represent an average grade over 5 ft. With holes SS21-001 and SS21-002, we learned that the targeted Lucky Cuss veining structure is located further westward than expected because the collars entered directly into wide low-grade Ag and Mn halos. In hole SS21-003, we intersected another north-south sub-parallel structure returning 37.5 g/t Ag and 1.0% Mn over 1.5 m. Holes SS21-004 and SS21-005 targeted the East Side area, located 250 m south of the previous holes, and that is now interpretated to be along the same Lucky Cuss structure. Hole SS21-004 intersected an interesting 10.7 m grading 79.8 g/t Ag and 1.8% Mn, including 213.5 g/t Ag and 3.9% Mn over 3.0 m, showing the high-grade potential of the Lucky Cuss veining system.

Bernard Lapointe, Chairman of Tarku, stated: 'This new and impressive land package may have contained some 167 historic mining sites, but very little modern and documented exploration work has been carried out on the Property. These initial and encouraging results announced today warrant us to continuing our work to assess the full potential of the Tombstone area, which experiencing a recent exploration resurgence by Tarku and other juniors.'

Based on the results to date, the Company intends to complete the remaining 1,600 m of RC drilling (6,600 ft) at Silver Strike by June 2021, covering the Ground Hog, Sunset, Ace-in-the-Hole, and the Solstice areas. With all results in hand, Tarku will be a in good position to plan the future exploration programs that will encompass soil geochemistry, geophysics surveys, and further major drill programs.

IMPORTANTLY, the above projected exploration activities are subject to Covid-19 restrictions in Arizona. While the Company's recent work programs have been relatively unimpeded, there is a risk that tighter restrictions may impact the Company's ability to conduct fieldwork.

Drilling Sample Method and Quality Assurance / Quality Control

The first phase (3,701 ft) was conducted by Major Drilling of Salt Lake City, Utah. Drill samples were collected by reverse circulation drilling using a face sampling, centre return, downhole hammer that collects rock samples directly from the drill face, thereby reducing downhole contamination. Each sample was collected using a binary splitter that directs half the sample into a sample bag which is sent for analysis, while the other half is bagged and kept in storage as a field duplicate. Samples collected varied in weight from 15-20 kilograms.

Shipping of samples, to the ALS Minerals prep lab facility in Tucson, AZ, involved a direct chain of custody (CoC) from the drill site to the ALS minerals transport truck and then directly to the prep lab. CoC forms are maintained at each change of custody - in this case from the locked storage area at site direct to the lab's transport truck.

At the prep lab, each sample is then crushed to greater than 70% passing -2mm (10 mesh), and then a Boyd rotary split of 1 kilogram is pulverized to greater than 85% passing 75 microns (200 mesh). The sample is then treated with aqua regia and analyzed by ICP-MS for 51 elements including Silver (Ag), Copper (Cu), Lead (Pb), Zinc (Zn) and Gold (Au). Note that the Gold analysis by this method is semi-quantitative due to the small sample size used.

Overlimit samples for gold and silver are analyzed by 30g Fire assay with a gravimetric finish. Overlimit samples for copper, lead, manganese and zinc are treated with aqua regia and analyzed by ICP-OES (Inductively Coupled Plasma Optical Emission Spectroscopy).

Quality Assurance / Quality Control (QA/QC) samples included the use of field duplicates, blank material samples, and certified reference materials (CRM) for Au, Ag, and Cu. QA/QC samples were controlled by Tarku field staff at all-times. Field duplicates were collected as the second sample from the drill cyclone and made up 5% of the sample stream. Blank material included pure marble chips from a commercial source and made up 2.5% of the sample stream. CRMs made up 2.5% of the sample stream and were obtained from Shea-Clark Smith of Reno, NV. QA/QC additions to the sample stream total an additional 10% of the samples for analysis.

About Tarku Resources Ltd. (TSX.V: TKU - FRA: 7TK)

Tarku is an exploration company focused on making new discoveries in favourable mining jurisdictions as Quebec and Arizona. In Quebec, Tarku owns 100% on the 'Three A's' exploration projects, (Apollo, Admiral and Atlas Projects), in the Matagami greenstone belt, which has been interpreted by management as the eastern extension of the Detour Belt, and which has seen recent exploration successes by Midland Exploration Inc., Wallbridge Mining Company Ltd., Probe Metals Inc. In Arizona, in the Tombstone district, Tarku owns the option to acquire 75% on 20km2 in the Silver Strike Project.

Contact:

Email: investors@tarkuresources.com

Web: www.tarkuresources.com

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