Received by email:
File: troJan102017nrv3.docx
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
/
Taranis Receives Mining Permit for
Gold Pilot Plant at Thor Project
Lakewood, Colorado, January 10, 2016 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] is pleased to announce that it
--->has received the Mining Permit for the SIF pilot plant at Thor. The permit is for mining of the SIF zone, and operatio
--->n of the SIF pilot plant that includes a primary jaw crusher, hammer mill, shaker table and discharge/overflow pit. Th
--->e plant will be used to collect detailed metallurgical information about SIF, and will also produce gold onsite that w
--->ill be sold to a refiner. All processing equipment is erected on the mill site, and it is anticipated that personnel w
--->ill commence further activities in mid-June, 2017.
In addition to the main Ag-Au-Pb-Zn-Cu sulfide deposit at Thor, the deposit includes several high-grade gold zones. Th
--->ese zones are unique in that they include coarse, nugget gold and are amenable to gravity processing. The full extent
--->of these zones is unknown, but include the SIF Area located along the up-dip edge of the True Fissure deposit and the
--->Gold Pit Zone located 777 m to the southeast. Some recent exploration work suggests that the high-grade gold zones are
---> related to NE-trending structures.
John Gardiner, president and CEO states "We are making steady progress at Thor, particularly with respect to the large
---> sulphide deposit. Taranis is completing state-of-the-art processing of the ground and borehole magnetic surveys, as w
--->ell as a re-examination of the deep-penetrating EM-37 survey completed in 2008. Age dating is being completed on volca
--->niclastic rocks that will be instrumental in refining our exploration model for the deposit. Taranis will announce the
---> results of this work as it becomes available".
Qualified Persons
John Gardiner (P.Geol.) and Jim Helgeson (P.Geo.) are the Qualified Persons on the Thor Project, and supervised the pr
--->eparation and scientific and technical disclosure in this News Release.
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: jan102016ltr.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 10, 2017 BY EMAIL
The Newswire.ca
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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
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