Taranis Engages Consultants for Phase II Mining at Thor and Appoints VP of Operations
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Engages Consultants for Phase II Mining at Thor and
Appoints VP of Operations
Estes Park, Colorado, March 25, 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. Pursuant to the signing of the Information Requirements Table by Taranis, the
Ministry of Environment, Environmental Protection Division, and the Ministry of Mines, Mines
and Minerals Resources Division , Taranis will now finalize the specifications for the 10,000
tonne sample from the main Thor Ag -Au-Pb-Zn-Cu-In depo sit using the following industry
experts.
Allnorth Engineering has been selected to undertake the engineering of the 10,000 tonne
bulk sample facility at Thor. Allnorth is a multidisciplinary engineering and technical
services consulting company, proudly Canadian, with its head office in British Columbia.
Masse Environmental Consultants Limited of Nelson, British Columbia has been selected
to provide support ing environmental studies of the 10,000 tonne sample including
biology, groundwater, hydrogeology a nd other aspects. Masse has a l ong and impressive
history, including work in the Trout Lake area.
Aero Geometrics Limited has been engaged to complete a LiDAR survey over the
property in June/July of 2019 that will enhance the existing topographic and aer ial
imagery of the project.
Processing 10,000 tonnes of material at Thor is the final phase of mine development proximal to
commercial mining of the high -grade in situ resource. Due to the modular design of the Inline
Pressure Jig ( “IPJ”) plant, ongoing mining and milling activi ty can easily be achieved through
scaling-up of the same plant circuits and general mine plan.
Taranis is also pleased to appoint Thomas Gardiner to the position of V.P. of Operations. Mr.
Gardiner has overseen many of the permitting activities at Thor, m ost recently including the
successful completion and submission of the Joint Environmental Act and Mines Act permit
Application. Thomas has a B.Sc. in Business Administration from the University of Denver.
John Gardiner, President and CEO of Taranis states “Growing the Resource at Thor and
transitioning the project into a commercial mining opportunity is key for Taranis. It is important
for Taranis and the changing exploration business in general, to be able to complete th e 10,000
tonne bulk sample in a safe and environmentally -friendly method. The data collected in this
phase of mining will form the foundation for the larger mining operations proposed at Thor.
Taranis has al ready identified, and confirmed availability of several hydrometallurgical plants
currently permitted to process and test the pre-concentrate product from the bulk sample, and this
will complete the project plan.”
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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 projec t, please visit our website at
www.taranisresources.com.
Taranis currently has 64,843,067 shares issued and outstanding ( 77,376,733 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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ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and j udgments 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.