Mr. John Gardiner reports

TARANIS RECEIVES NOTICE OF WORK PERMIT TO UNDERTAKE DEEP DRILLING AT THOR

Taranis Resources Inc. has provided an update on its 100-per-cent-owned Thor project located eight kilometres (km) northeast of the town of Trout Lake, B.C.

Taranis has received approval of its notice of work (NoW) permit application that was filed in August, 2022 (19 months ago). This happened after Taranis's legal counsel (McMillan LLP) initiated legal proceedings in the British Columbia Supreme Court.

"It is regrettable we had to bring court action before getting the NoW issued, but we are very pleased to now have it in hand and put this behind us," said Taranis president and chief executive officer John Gardiner.

"Taranis is now reviewing the NoW details and planning its activities for 2024. Taranis is committed to working constructively with the indigenous groups and local communities and managing our work in a sound environmental manner," said Mr. Gardiner. "Just as we have done in this area for the last 18 years."

Qualified person

Exploration activities at Thor were overseen by Mr. Gardiner (PGeo), who is a qualified person under the meaning of Canadian National Instrument 43-101. 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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