Taranis Advances Exploration Permits and Prepares for Gold Pilot Plant start-up in June
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
Taranis Advances Exploration Permits and Prepares for Gold
Pilot Plant start-up in June
Lakewood, Colorado, May 4 , 2017 – Taranis Resources Inc. ( “Taranis”) [TSX.V: TRO ] is
pleased to update activity related to its Thor project.
Gold Pilot Plant
Taranis has purchased at 50 KW generator plant that will be used to power the gold pilot plant
that is already erected onsite . A contractor has been engaged who will use a large excavator-
mounted hydraulic hammer capable of breaking up the SIF outcrop for processing through the
plant. The gold pilot plant is fully permitted and operations will begin after June 16, 2017.
Permitting (Ridge Target & Broadview Mine Area)
Taranis has advanced two Multi Year Area Based (“MYAB” ) permits that are now undergoing
internal review by the Ministry of Energy and Mines and First Nations consultation.
The Ridge Target MYAB inc ludes drilling from widespread drill sites seeking to find the
northern continuation of the Thor deposit up to 2 km north of the existing deposit. There are
features indicative of a buried deposit in this area, including lar ge gossans, gold -bearing float,
and volcaniclastic rocks of the Jowett formation. The prospective horizon is buried under rocks
of the Broadview Formation that form a large topographic ridge, and the drill will be moved by
helicopter.
The Broadview MYAB permit is part of the 1G exploration efforts on the property, and involves
continued delineation drilling of the Broadview Mine area. Thirty-one drill sites and further road
building are required to complete definition of a resource in this area.
3D Geological Mapping
Taranis is placing priority on developing a 3D geol ogical map of the Thor property. This
ongoing effort le d to the identification of the Ridge T arget in early 2017 and shows great
promise in identifying other exploration targets on the project that could enhance the size of the
known deposit.
About Taranis Resources Inc.
Taranis is an exploration company focused on the development of its 100%-owned Thor project
in southeast British Columbia. The company’s mandate is to recognize mineral deposits early in
the exploration cycle that can be developed through intelligent exploration and business
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alliances. For additional information on Taranis or its Thor project, please visit our website at
www.taranisresources.com.
Taranis currently has 55,451,716 shares issued and outstanding ( 62,926,716 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
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