Talamore Mining Corporation (TSXV: TALA) (OTCQB: TALMF) is pleased to report results from 55 holes of an ongoing 40,000-metre infill and exploration drilling program at its wholly owned Coffee Gold project in Canada’s Yukon Territory. Drilling is currently targeting the higher-grade Supremo Extension zone, which currently hosts an Indicated Resource of 2,437 kt at a grade of 1.18 grams per tonne (g/t) gold for a contained 92,000 ounces of gold, and an Inferred Resource of 6,059 kt at a grade of 1.72 g/t gold for a contained 335,000 ounces of gold. The Inferred grade at Supremo Extension is significantly higher than the 1.15 g/t Au grade of the overall Coffee Gold project resource estimate and thus provides a compelling target for converting high-grade ounces to the Indicated category for inclusion in the Feasibility Study currently underway.
Today’s release includes assay results from 55 reverse circulation holes totalling 7,447 metres of a planned 25,000 metres of infill drilling at Supremo Extension. A total of 157 drill holes for approximately 22,348 metres have been completed through June of this year.
“The Supremo Extension area continues to deliver drill intercepts with grades significantly higher than the resource grades in our September 2025 preliminary resource estimate,” Tim Warman, President and CEO of Talamore Mining, said. “Our 2026 drilling program is designed to grow the resource base across the broader Coffee property, while maintaining a strong focus on the Supremo Extension target.
“Approximately 20,000m of new infill drilling was completed at Supremo Extension ahead of the cutoff date for inclusion in the resource update for the ongoing Feasibility Study. With the infill drilling largely complete at Supremo Extension, the drills will now be moving onto other infill projects within the existing resource footprint and will also be chasing deeper oxide mineralisation beneath the main Supremo resource pit, before moving on to regional targets in August.”
The Coffee Gold project consists of multiple mineralised structural zones forming the equivalent of a large vein swarm with individual structural zones from one to over thirty metres in width and extending up to four kilometres in strike length. The Supremo Extension portion of the Coffee deposit is at the intersection of a steep dipping northeasterly trending high grade structure and a shallow dipping easterly trending structural zone. The shallow dipping structure is unique relative to the other structural zones in the Coffee deposit because of the much thicker mineralisation, lower trace metals and increase in silver. The intersection of these two structural trends creates wide zones of much higher-than-average grade that become ideal for open pit mining.
Holes 26-SPX-RC022 and 26-SPX-RC033 encountered better than expected grades near the bottom of the current resource pit. These new holes also added mineralisation within the current resource pit, and outside it, with mineralisation remaining open at depth. These holes are drilled on a cross section between existing completed cross sections. The mineralisation cut in this cross section indicates the potential for expanding the pit especially the flat bottom area of the pit. These results will also increase the grade at depth and should lower the stripping ratio.
Hole 26-SPX-RC068 extended good grade and width to within 25 metres of the surface, with grade increasing with depth. This drill hole adds confidence in good grade near the surface and continuity of similar or better grade at depth. This hole also adds mineralisation within the current resource pit. The holes drilled on this cross section are between existing completed cross sections. Assays are pending on two drill holes in this cross section which would define whether the pit can be expanded at depth to include a historical high-grade intercept below the current pit.
Hole 26-SPX-RC084 helps to confirm the current resource model interpretation and shows grade and width increasing with depth. This hole intercepted mineralisation within the current resource pit and adds confidence to the continuity of good grade. The holes drilled on this cross section are between existing completed cross sections. Only one new hole was needed to complete this cross section. This hole will upgrade the blocks in the steeper structure which could provide the justification for expanding the pit at depth to include part of a wider good grade intercept extending below the current pit.
Hole 26-SPX-RC100 helps to confirm the current resource model and shows increasing width and grade at depth. This hole also adds mineralisation within the current resource pit and the zone remains open at depth. These holes are drilled on a cross section between existing completed cross sections. These drill results in the low angle structure are exceptionally wide and good grade which will increase the block grades and reduce the stripping ratio. The drilling also confirms high grade at the base of the pit which should upgrade the blocks in this area. There are pending assays on three other drill holes on this cross section.
Hole 26-SPX-RC112 shows increased grade and confirms the model. These holes are drilled on a cross section between existing completed cross sections. This drilling upgrades blocks in the shallow dipping structure on this cross section and also adds continuity to the steeply dipping structure. One drill hole on this cross section has pending assays to give more support to the steeper dipping structure.
These 55 drill holes continue the campaign to infill between existing completed cross sections on the Supremo Extension target, to increase drill density and upgrade resources from Inferred to Indicated for inclusion in the Feasibility Study currently underway. Infill and/or expansion drilling has also started on the Supremo and Latte zones. Once the infill drilling is completed the drills will move to several of the regional targets that will be tested this summer.
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