Taranis Advances Thor 10,000 Tonne Bulk Sample to Technical Review Phase
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Advances Thor 10,000 Tonne Bulk Sample to
Technical Review Phase
Estes Park , Colorado, September 17 , 201 9 – Taranis Resources Inc. (“Taranis” or the
“Company”) [TSX.V: TRO, OTCQB: TNREF ] is pleased to release an update on development
of its 100%-owned Thor polymetallic mine. A 10,000 tonne bulk sample is intended to test the
efficacy of gravity separation in on -site pre -concentration of ore . If successful, this type of
processing will enable ongoing production of h igh-grade, concentrated sulfide ore for sale to
downstream processors.
Taranis is pleased to announce that the Screening Process for the Thor 10,000 tonne bulk sample
permit application has concluded. The information provided in the permit application has been
deemed largely satisfactory, and the Thor Mine Development Review Committee is prepared to
advance into the technical review phase. Taranis’ bulk sampl e application will now formally
enter the Technical Review phase.
The following stages of the bulk sample application are now complete:
1) Pre-Application (completed 08/30/2019).
2) Screening – the Ministry has ensured that the pr oponent has submitted information
enough for technical staff review (concluded 9/16/2019).
The Thor Mine Development Review Committee will now submit Taranis’ bulk sample permit
application to technical review – the British Columbia Mines Act stipulates that the Committee’s
deliverable “Report of Committee” should (under ideal circumstances) be submitted with
comments to the Chief Inspector of Mines within 60 days of permit review (currently in
progress).
Timelines for this stage are dependent on the issues raised, solutions provided, timeliness of
application review by Committee members, and ability of Taranis to develop solutions to issues
identified during the review process.
Upon completion of the technical review a “Report of Committee” will be s ent to statutory
decision makers prior to permit conditions being issued.
John Gardiner, CEO of Taranis , states, “We are happy to report that the Thor 10,000 t onne
sample permit application is proceeding to technical review. Taranis has invested considerable
time and energy into the concept of gravity concentration at Thor , and it is a responsible and
efficient means of production from this high -grade Ag-Au-Zn-Pb-Cu resource. Our baseline
environmental and permitting work have enabled Taranis to develop a solid mining plan that will
serve as the foundation for ongoing commercial mining at Thor”.
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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 . The Company has a clear growth strategy that involves the
ongoing growth of the mineral Resource at Thor, and commercial mining of the deposit . For
additional information on Taranis or its Thor project, please visit our w ebsite at
www.taranisresources.com.
Taranis currently has 68,931,142 shares issued and outstanding ( 78,039,908 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
681 Conifer Lane
Estes Park, Colorado
80517
Phone: (303) 716-5922
Cell: (720) 209-3049
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actual results may differ materially from expected results.