Received by email:

File: troJan032017nrv3.docx

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

 
/

 
 


Taranis Acquires 840 Acre Sambo Property Adjacent
to Thor Project

Lakewood, Colorado, January 3, 2016 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] is pleased to announce it has ac
--->quired 100% ownership of a prospective property for large Ag-Au-Pb-Zn-Cu deposits that adjoins the Thor Project in sou
--->theast British Columbia. The Sambo property was acquired after identification and analyses of a volcanic-sedimentary d
--->ome complex ("VDC") on its 100%-owned Thor project that is intimately related with the known Ag-Au-Pb-Zn-Cu deposit. T
--->aranis believes that Sambo could host a continuation of the VDC found at Thor.

At Thor, stratabound massive sulphide mineralization occurs in multiple layers along the west side of the VDC that is 
--->known to extend for upwards of 2 km. The thickness of the VDC ranges from upwards of 400 m in the centre of the proper
--->ty to only several m in thickness, and is spatially related to almost all the Thor lodes.

In 2016, Taranis drilled several deep holes on the west side of the VDC and discovered new zones underneath and parall
--->el to the existing Great Northern Zone. It is expected that there are even more zones underlying the ones found in 201
--->6 that remain to be tested with deep diamond drill holes. This is one of several areas that Taranis will explore furth
--->er in 2017 to delineate more tonneage at Thor.

John Gardiner, CEO of Taranis Resources Inc. remarks "Taranis has made progress understanding the geology at Thor, and
---> we are now using that knowledge to identify areas that have the potential to add major tonneage to our Resource base 
--->both within and outside of the historic property. The area around Trout Lake was identified as a major silver district
---> in the late 1800's (Silver Cup Mining District) but the geology remains poorly understood. In the early 1980's Westmi
--->n Resources Ltd. conducted exploration on several projects in the area. Since that time, Taranis has completed upwards
---> of 200 diamond drill holes defining the maiden NI 43-101 Resource at Thor. In 2007, Taranis purchased Westmin's geolo
--->gical data for the area and in conjunction with our knowledge base at Thor, that has proven to be a useful springboard
---> in outlining prospective targets in the area".
About Taranis Resources Inc.

Taranis currently has 53,216,116 shares issued and outstanding (60,266,116 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: jan32016ltr.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
 
January 3, 2017 BY EMAIL

 
 
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 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
eric.kacz@equities.com
 TSX Venture Exchange - via SEDAR
 British Columbia Securities Commission - via SEDAR
 Alberta Securities Commission - via SEDAR
 Ontario Securities Commission - via SEDAR