Taranis Hails Successful Reclamation of Gold Pilot Plant Tailings Pond; Initiates New Water Baseline Study at Thor
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
Taranis Hails Successful Reclamation of Gold Pilot Plant
Tailings Pond; Initiates New Water Baseline Study at Thor
Lakewood, Colorado, October 23, 2017 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO] is
eager to update production and exploration activity related to its 100%-owned Thor project.
Gold Pilot Plant Tailings Facility
Taranis has completed the tailings pond reclamation at Thor with geotechnical engineering
supervision provided by Norwest Corporation. The operation of the tailings pond was carefully
monitored throughout the summer mining season. This included daily analysi s of waste
discharge, and weekly water sampling of both the source and exfiltration ponds, ensuring that the
tailings from the high-grade, gold -bearing SIF zone were disposed of in conformity with
environmental regulations.
The building, operation and successful closure of the bulk sample tailings facility will serve as a
model of conservative, environmentally -safe tailings disposal for planned future milling
operations at Thor.
Water Baseline Studies
Taranis has installed two automated water monitoring stations at Thor on Broadview and True
Fissure Creeks. These stations will collect data on the water flow from each of the creeks
downhill from the existing deposit. In addition to the flow data, water samples will be collected
periodically from the sites that will establish a baseline geochemistry for water quality on the
project.
Taranis has already collected a comprehensive set of climate data from two weather stations that
were installed on the project 2 years ago . This data will be cr utial in permitting future larger
mining operations at Thor.
John Gardiner, President and CEO states “ Taranis management prides itself on its understanding
of the environmental issues that exist for mining projects in British Columbia. At Thor we have
already shown that not only are we able to mine, but we are able to do so in an environmentally
responsible fashion . We look forward to expanding our operations and creating value for our
shareholders while being responsible in our efforts.”
Qualified Person
John Gardiner (P.Geol.) is the Qualified Person on the Thor Project, and supervised the
preparation and scientific and technical disclosure in this News Release.
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About Taranis Resources Inc.
Taranis is an exploration company focused on the development of its 100%-owned Thor project
in southeast British Columbia . Its 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 o r its Thor project, please visit our website at
www.taranisresources.com.
Taranis currently has 55,451,716 shares issued and outstanding ( 63,376,716 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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This News Release may contain forward looking statements based on assumptions and judgments of management
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