Received by email:
File: trosept92016nrv2.docx
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
/
Taranis Discovers Two New Bedded Sulfide Zones 33 & 61m Under Great Northern Zone at Thor Grading up to 684 g/t Silver
--->, 0.53 g/t Au & 9.2% Combined Cu-Pb-Zn
Lakewood, Colorado, September 9, 2016 - Taranis Resources Inc. (the "Company" or "Taranis") [TSX.V: TRO] is pleased to
---> announce the results of an important NQ drill hole drilled on its Thor Project located west of the existing Ag-Au-Pb-
--->Zn-Cu deposit.
This drill hole was collared east of the Great Northern Zone and tested the footwall of the known Great Northern Depos
--->it for additional bedded sulfide horizons under the known Resource. The drill hole intersected the zones normal to the
---> dip of the zones and approximates their true thickness.
Hole Thor-171
The following table shows the initial results from drill hole Thor-171 that was drilled east of the Great Northern Min
--->e, and tested the northern extension of other high-grade silver-bearing zones that were found in drill holes Thor-155
--->through 158 at the onset of drilling in 2016. The results presented below are only for the select high-grade portions
--->of the hole, and assay results are pending for the remainder of the hole.
Hole No. & Zone
From (m)
To (m)
Interval (m)
Silver (g/t)
Gold (g/t)
Cu (%)
Lead (%)
Zinc (%)
Cu+Pb+Zn Combined (%)
Thor-171 GN Middle
34.02
36.27
2.25
683.8
0.53
0.3
4.4
4.5
9.2
Thor-171 GN Lower
64.92
65.68
3.04
229.6
0.27
0.1
2.6
3.8
6.6
Taranis has now completed a number of holes in this area of the deposit and will continue to report the results as the
--->y become available. The Company has also posted a cross-section on www.taranisresources.com that shows the location of
---> the zones relative to the main Great Northern Zone, and will update this frequently as assays become available.
John Gardiner, CEO of Taranis Resources Inc. comments "The GN Middle and GN Lower zones lie well below the known Great
---> Northern Zone, and are stratiform in nature. The zones have been subjected to folding and faulting along the east sid
--->e of the Thor Anticline, and have been structurally modified and now exhibit strong quartz vein flooding and annealing
---> of the primary sulfide minerals. Despite this, it is not uncommon to find remnant massive sulfide mineralization that
---> still preserves the delicate sulfide banding characteristic of a SEDEX or distal VMS deposit, and this is an exciting
---> development at Thor".
Qualified Person(s)
John Gardiner (P.Geol.) and Jim Helgeson (P.Geo.) are the Qualified Persons on the Project. Samples are taken under th
--->e direction of qualified geologists. Core is sawed on-site and one half is retained for reference and further analytic
--->al work including specific gravity determinations. Samples of the other half are delivered by the Company via courier
--->to MS Analytical Labs in Langley, British Columbia. MS Analytical Labs is an ISO-9001:2008 certified analytical labora
--->tory. The Company inserts standards every 10th sample for quality control in addition to the stringent internal check
--->s completed at MS Analytical. Samples are dried, crushed, split and pulverized. Analysis for silver, copper, lead and
---> zinc and related trace elements was done by modified aqua regia digestion with ICP finish, and gold by 30 gram fire a
--->ssay with ICP finish.
About Taranis Resources Inc.
Taranis currently has 49,766,116 shares issued and outstanding (56,066,166 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
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: tardisltrsept92016.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
September 9, 2016 BY EMAIL
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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
lalli@frontiermcg.com
TSX Venture Exchange - via SEDAR
British Columbia Securities Commission - via SEDAR
Alberta Securities Commission - via SEDAR
Ontario Securities Commission - via SEDAR
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