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File: oct52017ltr.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
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Email yeadon@securitieslaw.bc.ca
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October 5, 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
 TSX Venture Exchange - via SEDAR
 British Columbia Securities Commission - via SEDAR
 Alberta Securities Commission - via SEDAR
 Ontario Securities Commission - via SEDAR


File: troOct_5_2017nrv2.docx

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

 
/

 
 

Taranis Receives Highly Successful Metallurgical Results from Dense Media Separation of Thor Deposit

Lakewood, Colorado, October 5, 2017 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] is pleased to update exploration
---> activity related to its 100%-owned Thor project.

Metallurgical Pre-concentration Tests

Taranis has received final test results from a sample of the main Ag-Au-Pb-Zn-Cu deposit at Thor that was undertaken t
--->o determine the applicability of Dense Media Separation ("DMS") in processing ore from the project.

The results of this testing were conclusive in showing that DMS is ideally suited for processing the sulphide-type ore
---> onsite. This opens two exciting developments at Thor, first that the pre-concentrated ore can be transported economic
--->ally over much greater distances to a smelter or mill where further upgrading can occur, and second that sulphide-rich
---> ore which typically has Acid Rock Drainage ("ARD") characteristics, can be separated onsite from waste rock that is n
--->on-ARD producing and stored onsite.

The following table shows the recoveries for each of the metals crushing the rock to 19 mm in size and performing DMS 
--->at a specific gravity of 2.75

Cut Point (Specific Gravity)
 Mass Rejected (%)
 Au (% Recovery)
 Ag (% Recovery)
 Zn (% Recovery)
 Pb (% Recovery)
 Cu (% Recovery)
 
 2.75
 54.6
 94.7
 93.1
 96.7
 98.0
 96.2
 
 
For the +0.85 mm material, at a SG cut point of 2.75, 54.6% of the mass was rejected with metal losses of only 2.0-6.9
--->%. This means that almost 55% of the ore zone material could be rejected onsite and the balance transported off the pr
--->operty for further upgrading either by gravity concentration or flotation.

John Gardiner, President and CEO states "The main sulphide deposit at Thor is ideally suited to this type of processin
--->g because almost 100% of the value of the ore occurs within dense minerals. This, coupled with the coarse-grained natu
--->re of the sulphide material, allows for easing separation simply by crushing and sorting onsite to 19 mm in size. It a
--->lso allows removal of virtually all of the ARD producing ore from the property, and this should simplify the permittin
--->g process in the future for the Thor deposit. Already there are large stockpiles of ore on surface that could be proce
--->ssed using this relatively inexpensive technology, and Taranis is already paving a path to permit these in the near fu
--->ture, with hopes of transitioning into mining the main in-situ deposit".

 
Qualified Person

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. The company's mandate is to recognize mineral deposits early in the exploration cycle that can be developed throu
--->gh intelligent exploration and business alliances. For additional information on Taranis or its Thor project, please v
--->isit our website at www.taranisresources.com.

Taranis currently has 55,451,716 shares issued and outstanding (63,376,716 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.