Telson Resources Inc. Receives Tahuehueto Project Construction Permit
Telson Resources Inc.
TSX.V: TSN OTCBB: SOHFF
Shares Issued: 104,795,149
Page 1 of 2
Telson Resources Inc. Receives Tahuehueto Project Construction Permit
Vancouver, British Columbia, October 10, 2017 Highlights:
Tahuehueto Mine Now Fully Permitted for Construction.
Includes
o Mineral Processing Facility Construction,
o All mill site and portal access roads and related patios,
o Underground development,
o Camp construction and installation of related service building and structures,
o Construction of tailings storage facilities.
Vancouver, British Columbia, October 10, 2017 – Telson Resources Inc. (" Telson" or the " Company") (TSX
Venture – TSN.V) is pleased to announce that the Mexican Federal Government, Secretaria De Medio Ambiente Y
Recursos Naturales has issued a permit dated October 2nd, 2017 titled “Resolución en Materia de Impacto
Ambiental para el: “Proyecto reactivación de operaciones para la explotación y beneficio de minerales Tahuehueto”
en el municipio de Tepehuanes, Dgo.” (the “ MIA”) authorizing the construction of a mineral processing facilit y,
related mining facilities, plus infrastructure and necessary underground development, at the Company’s Tahuehueto
Project.
“With the granting of this MIA, Telson is now fully permitted to build its planned Tahuehueto Mine and we intend
to initiate construction of the mine immediately upon securing the necessary funding. Our funding efforts are at an
advanced stage having received three separate offers from off-t ake concentrate purchasers and negotiations are in
progress to finalize the project’s capital expenditure funding. While there can be no assurance that we will obtain
the required funding, we are confident that we will be able to come to a satisfactory arrangement with an off-take
purchaser” states Telson’s CEO, Antonio Berlanga.
About Telson Resources Inc.
Telson Resources Inc. is a Canadian based resource development company advancing two gold, silver and base
metal projects towards production over the coming months of 201 7 and early 2018. Telson's Tahuehueto Project,
located in north-western Durango State, Mexico and its recently acquired Campo Morado Mine in Guerrero, Mexico
purchased from Nyrstar Mining are both polymetallic deposits co ntaining significant gold, silver, lead, zinc and
copper. Telson is currently mini ng ore at Tahuehueto at a rate of approximately 150 tonnes per day and direct
shipping to a toll mill for processing off-site. Subject to sec uring funding, Telson plans to recommence mineral
processing milling operations dur ing October 2017 at Campo Mora do, while at the same time develop its
Tahuehueto Project through the mine construction phase with an anticipated timeline to be processing at the project
site in its own mineral processing facility mid-2018.
Telson Resources Inc.
TSX.V: TSN OTCBB: SOHFF
Shares Issued: 104,795,149
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On behalf of the board of directors
(signed) “Ralph Shearing”
Ralph Shearing, P.Geol, President
Qualified Person
This press release was prepared under the supervision and review of Ralph Shearing, P.Geol., President and Director
of Telson Resources Inc., a Professional Geologist registered i n Alberta as a member of the professional
organization APEGA, and a Qualified Person as defined by NI 43-101.
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward-looking information” or
“forward-looking statements” (collectively, “Forward-L ooking Information”) within the meaning of applicable
Canadian securities laws. Forward Looking Information in cludes, but is not limited to, disclosure regarding
possible events, conditions or financial performance that is based on assumptions about future economic conditions
and courses of action; the timing and costs of future activities on the Company’s properties; success of exploration,
development and bulk sample processing activities; success in funding activities either through off-take agreements
or equity financings, anticipated results of check assa y results; and processing plans at the Atocha Mineral
Processing Plant for mineralized material from the Co mpany’s Tahuehueto project. In certain cases, Forward-
Looking Information can be identified by the use of word s and phrases such as “plans”, “expects”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or va riations of such words and phrases. In preparing the
Forward-Looking Information in this news release , the Company has applied several material assumptions,
including, but not limited to, that the current explorati on, development, environmen tal and other objectives
concerning the Tahuehueto Project can be achieved; that the implementation of the selective mining method will
prove feasible based on the results of the bulk sample; t hat the mineral processing plant recently acquired by the
Company will be successfully installed and commissioned, the continuity of th e price of gold and other metals,
economic and political conditions and op erations. Forward-Looking Information involves known and unknown
risks, uncertainties and other factors wh ich may cause the actual results, p erformance or achievements of the
Company to be materially different from any future results , performance or achievements expressed or implied by
the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be
accurate, as actual results and future events could differ ma terially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law,
the Company does not assume any obligation to release publicly any revisions to Fo rward-Looking Information
contained in this news release to reflect events or circ umstances after the date hereof or to reflect the occurrence
of unanticipated events.
Contacts
Glen Sandwell, Telson Resources Inc.
Corporate Communications
Tel: +1(604)684-8071