Mr. John Gardiner reports

TARANIS RESOURCES INC. TAKES BC GOVERNMENT TO COURT OVER PERMITTING DELAYS

Taranis Resources Inc. has filed a judicial review petition with the British Columbia Supreme Court, due to government's continuing (14-month) delay in processing an exploration permit application under the B.C. Mines Act.

"We believe the government is unwilling to do its legal duty here because of first nation pressure," said president and chief executive officer John Gardiner. "While consideration of indigenous rights is part of the Crown's duty to consult, the Supreme Court of Canada has repeatedly said that first nations do not have veto. So government has to follow the law here."

The exploration permit application relates to Taranis's Thor project located south of Revelstoke, B.C. The project has been the subject of prior exploration for 16 years, including more than 250 drill holes.

"It is regrettable that we have to apply to court to have our rights respected," added Mr. Gardiner. "We have tried everything else, including letters to minister Josie Osbourne and premier David Eby, and we hope the government is asking itself what message this sends to international investors."

The full petition can be found on the company's website.

It asks the court to:

• Order the chief permitting officer or his delegate to make a decision on the application;
• Issue a declaration that Mr. Osbourne's public statement that first nations are the rightful owners of the land and her written reference to a first nation-imposed moratorium are contrary to law and must not guide the chief permitting officer or his delegate.

A date for the court hearing has not yet been set.

Qualified person

Exploration activities at the Thor project are overseen by Mr. Gardiner, who is a qualified person under the meaning of Canadian National Instrument 43-101. Mr. Gardiner is responsible for, and approves of, the content in this news release. Mr. Gardiner is a principal of John J. Gardiner & Associates LLC which operates in British Columbia under firm permit No. 1002256.

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