Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

TRO.V ·

Taranis Completes LiDar Survey at Thor

Exploration Programs

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

681 Conifer Lane

Estes Park, Colorado

80517

www.taranisresources.com

Taranis Completes LiDar Survey at Thor

Estes Park, Colorado, July 31, 2019 – Taranis Resources Inc. (“Taranis” or the “Company ”)

[TSX.V: TRO, OTCQB: TNREF] is pleased to release an update on progress at its 100% owned

Thor project.

Aero Geometrics Limited has completed a LiDAR survey over the Thor property that will

enhance the existing topographic and aerial imagery of the project. This survey is designed to

provide better elevation data that will be used to update the existing NI 43 -101 Resource at Thor

and serve as a base map for future mining activity.

The Company is also undertaking detailed geological mapping of the rocks around the deposit in

order to gain better understanding of the many folds, faults and other features that have a bearing

on the Thor deposit. One of the initial areas examined in 2019 focused on a tabular quartz zone

upwards of 3 m thick on the north end of the deposit that plunges under Thor’s Ridge, that

contains tetrahedrite, gold and other base metals. This zone is located 60 m in the hanging -wall

of the Blue Bell Zone, and has the same geometry and a ppearance as the main Thor deposit.

Taranis geologists believe this is the southern extension of a much larger zone that currently lies

under Thor’s Ridge, and is currently being permitted to drill.

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 website at

www.taranisresources.com.

Taranis currently has 66,056,042 shares issued and outstanding ( 77,289,708 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

[email protected]

2

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS

DEFINED IN THE POLICIES OF THE TSX VEN TURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE

ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward loo king statements based on assumptions and judgments of management

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

actual results may differ materially from expected results.