Received by email:

File: tro_October_22_2014nrV2.doc

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

 
 

 
 
Taranis Acquires Riikonkoski Copper-Gold Deposit in Finland

Lakewood, Colorado, October 22nd, 2014 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] is pleased to announce that i
--->t has been granted the Riikonkoski 1-7 Exploration Licenses that cover the Historic Riikonkoski Copper-gold deposit th
--->at was extensively explored by the Geological Survey of Finland ("GTK") in the early 1970's. The deposit is now owned 
--->100% by Taranis.

The table below summarizes the Historic Resource at Riikonkoski, but does not include any gold content that was system
--->atically analyzed by Taranis.

Zone
 % Copper
 Tonnes
 
 Itamalmi
 0.48
 9,560,000
 
 Lantinen
 0.68
 2,450,000
 
 Kangas
 0.45
 430,000
 
 Total
 0.52
 12,440,000
 
 Source - GTK Report M-19/2734/-72/1/10
The deposit was discovered and explored in the 1960's and 70's by the GTK as potential feed for the Outokumpu Mine in 
--->southeast Finland when copper was trading at US$0.59/lb, and the Outokumpu deposit was almost exhausted. Unfortunately
--->, only grades in excess of 3% copper were economic at the time, and exploration was not continued at Riikonkoski. Adva
--->nces in mining, particularly block panel caving and higher copper prices make Riikonkoski very attractive, not to ment
--->ion its proximity (6.5 km to the southeast) to Naakenavaara that lies in the same geological formation. 16,326 meters 
--->in 72 holes were completed by the GTK (1970 to 1974) and identified four bodies of copper and gold mineralization, NI 
--->43-101 spacing compliant. These bodies are hosted by altered sediments and tuffaceous rocks very similar to Naakenavaa
--->ra. The presence of gold at Riikonkoski was not investigated by the previous operator, although selected sampling of o
--->nly 2% of the core by the GTK did yield values greater than two grams gold/tonne, the best interval being 2.13 meters 
--->grading 10.97 grams gold/tonne.

John Gardiner, President and CEO of Taranis states "The addition of Riikonkoski to the existing Naakenavaara and Kettu
--->kuusikko projects now consolidates three large copper and gold Resources in the area around Kittila, Finland. With the
---> addition of Riikonkoski, Taranis is planning to Joint Venture or sell the properties outright to an experienced, capa
--->ble operator and feels they have the ability to develop into a major copper-gold mining district".
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: tardisltroct222014.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 22, 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