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File: tro_October_20_2014nrV2.doc

FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado 
80228-5421
www.taranisresources.com

 
 

 
 
Taranis Samples 30.59 g/t Au over 17.55 m at SIF in Panel Sampling at Thor Deposit

Lakewood, Colorado, October 20th, 2014 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] is pleased to announce result
--->s from ongoing exploration at its 100%-owned Thor Silver-gold-lead-zinc deposit located 8 km north of Trout Lake, Brit
--->ish Columbia.

SIF Zone - Taranis previously outlined high-grade quartz-gold occurrences in the SIF Zone (See Taranis News Release da
--->ted September 19, 2013), and recent excavation of the outcrop has extended the gold-bearing zone to the northwest, wes
--->t and south. A total of 15 lines have been sampled perpendicular to the strike of the anticline feature and are spaced
---> 2.0 meters apart, and have now demonstrated continuous gold mineralization over a strike length of 30 m.

The following table shows the panel sample results for the SIF zone and are arranged in order from south to north:
Line
 Gold - Grade (g/t)
 Width (Meters)
 
 19
 0.91
 4.00
 
 20
 3.76
 5.30
 
 1
 9.92
 6.00
 
 2
 10.70
 9.00
 
 3
 25.41
 10.50
 
 4
 13.66
 12.00
 
 5
 35.64
 13.50
 
 6
 30.59
 17.55
 
 7
 6.81
 12.00
 
 8
 10.95
 11.65
 
 9
 11.72
 10.90
 
 10
 15.39
 11.20
 
 11
 23.45
 9.60
 
 12
 20.57
 4.00
 
 13
 3.69
 2.70
 
  
 Simple Average grade (g/tonne)
 14.88
 
 
A total of fourteen EW-core holes have been drilled into the SIF Zone, and all of the holes have intersected quartz ve
--->ining, Results of these drill holes will be made available in the near future. Taranis has also completed transit leve
--->l, differential surveying and specific gravity measurements that will enable the SIF Zone to be categorized as a NI 43
--->-101 compliant resource.

 Quality Control and Analytical Procedures

Samples were analyzed by Acme Labs in Vancouver, Canada. The samples were prepared using
method M150 that produces two size fractions for analysis (one +150 Mesh "Plus" and the other
-150 Mesh "Minus"). 150 Mesh corresponds to approximately 0.105 mm. The Plus fraction is analyzed in its entirety with
---> gravimetric finish and is reported as +Au. The minus fraction is analyzed by fire assay with AA finish and is reporte
--->d as -Au. - Au fractions that exceed 10 ppm
Au are re-analyzed using a 30 gram fire assay.

All of the sampling and gold determinations are subject to a rigorous quality control program that includes the placem
--->ent of standards and blanks a minimum of every tenth sample. WCM Minerals of Burnaby, British Columbia has been engage
--->d to supply the quality control materials for the Thor Project.

Qualified Person(s) - Exploration activities at Thor were overseen by John Gardiner (P. Geol.) and James Helgeson (P. 
--->Geo.), each of whom is a Qualified Person under the meaning of Canadian National Instrument 43-101.
About Taranis Resources Inc.

Taranis currently has 43,474,989 shares issued and outstanding (55,379,989 shares on a fully-diluted basis).

TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geol.),
President and CEO
 For further information contact:

John Gardiner
14247 West Iliff Avenue Lakewood, Colorado 
Phone: (303) 716-5922
Cell: (720) 209-3049
johnjgardiner@earthlink.net
 George Kent
Suite 1406, 130 Carlton Street
Toronto, Ontario
Phone: (416) 323-0783
Cell: (416) 697-0783
georgerkent@sympatico.ca

 
 NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
---> TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding fu
--->ture events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results m
--->ay differ materially from expected results.


File: tardisltroct202014.doc

TUPPER JONSSON & YEADON
BARRISTERS & SOLICITORS
An Association of Lawyers and law corporations
CARL R. JONSSON*    LEE S. TUPPER*               1710 - 1177 West hastings street
GLENN R. YEADON*       PAMELA  JOE                                                                                    
--->               Vancouver, b.c., canada
JEFFREY T. K. FRASER*                                                                                                 
--->         V6E 2L3
Tel: (604) 683-9262 Local 118
Direct Line: (604) 640-6355
Fax: (604) 681-0139
Email yeadon@securitieslaw.bc.ca
 REPLY ATTENTION OF: GLENN R. YEADON  
 OUR FILE:   46422
 
October 20, 2014 BY EMAIL


Canada Stockwatch
Vancouver, B.C. 
By Email: to news@stockwatch.com

 
 
 Market News Publishing, Inc.
Vancouver, B.C. 
By Email: to news@baystreet.com

 
 
 Dear Sirs:

RE TARANIS RESOURCES INC.

We are the solicitors for the above-mentioned company, and are enclosing a copy of its News Release of even date, whic
--->h we would ask that you disseminate pursuant to the TSX Venture Exchange's requirements, as well as for distribution i
--->n the normal fashion.  (Please note that we will be handling the SEDAR filing of this News Release.)

Yours very truly,

TUPPER JONSSON & YEADON

 "Glenn R. Yeadon"
    
Glenn R. Yeadon
GRY/ss
Enclosure

c: Taranis Resources Inc. - via email
 Attention:  John J. Gardiner, President
 George Kent - via email
 TSX Venture Exchange - via SEDAR
 British Columbia Securities Commission - via SEDAR
 Alberta Securities Commission - via SEDAR
 Ontario Securities Commission - via SEDAR