Taranis Concludes Permitting of Thor’s Ridge Drilling, and Updates Bulk Sampling Permit Application
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Concludes Permitting of Thor’s Ridge Drilling, and Updates Bulk Sampling
Permit Application
Estes Park, Colorado, July 20, 2020 – Taranis Resources Inc. ( “Taranis” or the “Company” ) [TSX.V:
TRO] is pleased to announce progress at its 100% owned high-grade Thor precious-base metal deposit in
British Columbia. The Thor deposit belongs to a unique suite of deposits found in British Columbia that
are exceptionally high-grade.
Reclamation Bond Posted for Ridge Target
The Company has posted a C$52,400 reclamation security bond with Energy, Mines and Petroleum
Resources that will allow drilling of the Ridge Target north west of the Blue Bell Mine for a period of up
to five years. Once a network of roads and bridges are complete, Taranis will have access to drill test this
important area which could expand the existing NI 43 -101 Resource well beyond the most northerly
known mine at Thor; the historic Blue Bell mine. Geophysical surveying, geological mapping and surface
outcrop sampling have demonstrated that there is a separate en -echelon mineralized zone under Thor’s
Ridge that has never been explored. Additional information for this target can be found at the Company’s
website at www.taranisresources.com
Bulk Sample Permitting
Taranis is also pleased to report progress on its 10,000 t onne bulk sample application. As stipulated in the
Ombudsperson’s Resolution (see Taranis News Release July 2 nd, 2020), Taranis is progressing with the
finalization of three important engineering tasks including the finalization of the site plan by All North
Engineering. Taranis is in consultation with a separate engineering company that would coordinate the
finalization of the Water and Waste Management Plan, and the polymetallic Coarse Reject Storage
Facility and gold Tailings Storage Facility.
About Taranis Resources Inc.
For additional information on Taranis or its 100% -owned Thor project in British Columbia, visit
www.taranisresources.com
Taranis currently has 71,074,500 shares is sued and outstanding ( 82,733,266 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
2
80517
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 regarding
future events or results that may prove to be inaccurate as a result of factors beyond its control, a nd actual results may differ
materially from expected results.