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Talon Metals Corp : Talon Metals Announces Drilling to Date Intersects Nickel-Copper Mineralization in More than 60 Holes, All Located Outside of the Resource Area at the Tamarack Nickel Project

Talon Metals Corp.: Talon Metals Announces Drilling to Date Intersects Nickel-Copper Mineralization in More than 60 Holes, All Located Outside of the Resource Area at the Tamarack Nickel Project Talon or the Company ) is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project ( Tamarack Nickel Project ), located in Minnesota, USA. The Tamarack Nickel Project comprises the Tamarack North Project and the Tamarack South Project. Figure 1: Drill hole 21TK0311 showing 4.3 meters (14.1 feet) of mixed massive mineralization starting at only 234 meters depth To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/2443/85951 2042f63544903b77 001full.jpg HIGHLIGHTS

Talon Metals Discovers Thick Pool of Massive Nickel-Copper Mineralization Outside of the Resource Area: 13 88 Meters Starting at Only 225 Meters

Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project located in Minnesota, USA. The Tamarack Nickel Project comprises the Tamarack North Project and the Tamarack South Project. Figure 1: 13.88 Meters of massive nickel-copper mineralization drilled outside of the Tamarack Nickel Project's resource area .To view an enhanced version of Figure 1, please visit: HIGHLIGHTS Talon .

Talon Metals Corp : Talon Metals Discovers Thick Pool of Massive Nickel-Copper Mineralization Outside of the Resource Area: 13 88 Meters (45 5 Feet) Starting at Only 225 Meters

Talon Metals Corp.: Talon Metals Discovers Thick Pool of Massive Nickel-Copper Mineralization Outside of the Resource Area: 13.88 Meters (45.5 Feet) Starting at Only 225 Meters Talon or the Company ) is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project ( Tamarack Nickel Project ), located in Minnesota, USA. The Tamarack Nickel Project comprises the Tamarack North Project and the Tamarack South Project. Figure 1: 13.88 Meters (45.5 feet) of massive nickel-copper mineralization drilled outside of the Tamarack Nickel Project s resource area (drill hole 21TK0313). To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2443/84469 1c6b3e5d9455e8b9 001full.jpg

Talon Metals Corp : Talon Metals Reports Results for the Quarter Ended March 31, 2021

Talon Metals Corp.: Talon Metals Reports Results for the Quarter Ended March 31, 2021 Talon or the Company ) reported a net loss for the three months ended March 31, 2021 of $0.8 million or $nil per share (basic and diluted), which was primarily the result of administration expenses and stock option compensation, offset by a gain on the fair value revaluation of a put option on a royalty. This compares to a net loss for the three months ended March 31, 2020 of $0.5 million or $nil per share (basic and diluted), which was primarily the result of administration expenses. Capitalized exploration costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended March 31, 2021 amounted to $6.4 million. This compares to $3.9 million for the three months ended March 31, 2020. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to March 31, 2021 amounts to $66.4 million.

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