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TRO.V ·

Taranis Granted 5-Year Permit for Exploration in Broadview Mine Area Southeast of Existing Resource

Permits & Approvals

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

14247 West Iliff Avenue

Lakewood, Colorado

80228-5421

www.taranisresources.com

Taranis Granted 5-Year Permit for Exploration in Broadview

Mine Area Southeast of Existing Resource

Lakewood, Colorado, July 25 , 2017 – Taranis Resources Inc. ( “Taranis”) [TSX.V: TRO ] is

pleased to update exploration activity related to its 100%-owned Thor project.

Taranis has received approval of a 5 -year exploration permit from the Ministry of Energy and

Mines that will involve construction of 35 drill sites and new trail construct ion in the Broadview

Mine area. The Broadview exploration will be the continuation of delineation drilling southeast

from the Great Northern Mine deposit.

John Gardiner, President and CEO remarks “ The top of Broadview Mountain exposes one of the

highest-grade portions of the Thor deposit, and hand -sorted stockpiles of ore can be found that

were sent directly to smelters . Drilling in this area of the Thor deposit , Taranis expects to add

considerable tonneage to the existing Resource . The Broadview Mine area was the original

discovery area for the Thor deposit in the late 1890’s, but was held by a separate company (Park

Syndicate) until it was consolidated in the early 1970’s into the contiguous 27 Crown Grant

package now owned by Taranis. Although five exploration adits were put into the Broadview

zone in the early 1900’s, the area has seen no core drilling outside of a few shallow holes

completed by Taranis in 2008.”.

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

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 ( 62,626,716 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

[email protected]

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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 future events or results that may prove to be inaccurate as a r esult of factors beyond its control, and

actual results may differ materially from expected results.