Received by email:

File: troMarch_20_2017nrv2.docx

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

 
/

 
 


Taranis Provides Update on Exploration Activity at Thor

Lakewood, Colorado, March 20, 2017 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] [OTCQB: TNREF] is pleased to prov
--->ide an update of activity on its Thor Project located near Trout Lake, British Columbia.

Permitting

Taranis currently has five active permits on the Thor project, including two new Notice of Work applications that are 
--->in process with the Ministry of Energy and Mines.

The first pending permit pertains to level 1G exploration around the Broadview Mine and another area north of the Blue
---> Bell Mine. This permit will include new road construction in steep terrain and 31 drill pads to be used for continued
---> definition drilling.

The second pending permit is related to level 2G exploration and applies to the recently identified Ridge Target locat
--->ed 1.2 km north of the Blue Bell Mine. This permit application will make extensive use of roads that were put into thi
--->s area in the early 1980's in order to minimize any new road construction. The permit will also include a provision fo
--->r holes that will be completed from sites using a helicopter depending on the drill results from the initial site.

Gold Pilot Metallurgical Plant

Taranis is preparing the Gold pilot plant for startup in the second half of June 2017. Taranis has already leased mini
--->ng equipment and is currently securing a power plant and mining equipment for the operation. Taranis has engaged Maxxa
--->m (Bureau Veritas) to conduct the water quality analytical work.

Met-Solve Gravity Test

Taranis will collect a 100kg sample of sulphide material from the main Ag-Au-Pb-Zn-Cu deposit and ship this sample to 
--->Met-Solve (Kamloops) for gravity testing using heavy liquid separation. Previous work at Thor has shown that almost 10
--->0% of the value of the deposit lies in material with a high density, with only minimal pyrite content. Satisfactory re
--->sults of the test work could streamline production of a concentrate, and by-pass the necessity for more costly flotati
--->on processing. It would also dramatically reduce the environmental footprint of the mining project.

Qualified Persons

John Gardiner (P.Geol.) is the Qualified Person on the Thor Project, and supervised the preparation and scientific and
---> technical disclosure in this News Release.
 
About Taranis Resources Inc.

Taranis is an exploration company focused on the development of its 100%-owned Thor project in southeast British Colum
--->bia. Its mandate is to recognize mineral deposits early in the exploration cycle that can be developed through intelli
--->gent exploration and business alliances. For additional information on Taranis or its Thor project, please visit our w
--->ebsite at www.taranisresources.com.

Taranis currently has 55,451,716 shares issued and outstanding (64,151,716 shares on a fully-diluted basis).

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

John J. 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: march202017ltr.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
 
March 20, 2017 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
 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