Taranis to Complete Airborne Mag & EM Surveys at Thor
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis to Complete Airborne Mag & EM Surveys at Thor
Estes Park, Colorado, January 31, 2022 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO,
OTCQB: TNREF] is pleased to inform its shareholders on activities at its Thor Project in British
Columbia.
Taranis has engaged Expert Geophysics of Newmarket, Ontario to complete helicopter airborne
Mag/EM surveys on its 100%-owned Thor property. The primary objective of the survey is to map
a large, buried magnetic body that occurs on the east side of the Thor deposit. Based on analogies
with the world -famous Lepanto Cu -Au deposit, this geophysical feature is a prospective buried
intrusive, and potentially the source of metals in the overlying Thor epithermal deposit. At
Lepanto, this porphyry body contains most of the metals in the linked porphyry-epithermal deposit
and was discovered in 1993 after four centuries of mining the epithermal part of the deposit.
John Gardiner, CEO states “ Several years ago, we began to notice that the epithermal deposit at
Thor showed a distinctive geometr y peripheral to a large magnetic anomaly . This geophysical
survey is important since it will map the subsurface geology at depths up to one (1) km deep down-
dip of the epithermal deposit. This specific airborne system was selected because of its ability to
map geologic formations and alteration haloes in the subsurface. In addition, it is also expected to
provide additional targeting information for the newly discovered Thunder Zone at the north end
of the deposit discovered in 2021 under a rockslide, and an area north of the deposit covered by a
massive gossan highly enriched in nickel and cobalt . The extreme terrain at Thor makes use of a
helicopter geophysical surveying essential to get good coverage over the area and provide accurate
modelling of the subsurface geology . I am particularly excited to see the results of this survey
because it is likely to provide the framework for a large precious/base metal deposit that includes
a Source (Intrusive/Porphyry), Transport (Thor Fault Zone ) and a Deposition site ( Epithermal
Deposit). Any, or all of these important parts of a hydrothermal system can be mineralized. Riding
on the success of our 2021 drilling program that discovered the Thunder Zone at the northeast end
of the deposit under a rockslide , we are now simultaneously embarking to explore for the
potentially largest piece of the linked porphyry-epithermal deposit”.
Qualified Person and Quality Control
Exploration activities at Thor were overseen by John Gardiner (P. Geol.) who is a Qualified Person
under the meaning of Canadian National Instrument 43-101.
About Taranis Resources Inc.
For additional information on Taranis or its 100% -owned Thor project in British Columbia, visit
www.taranisresources.com
2
Taranis currently has 78,995,090 shares issued and outstanding (87,182,090 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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DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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, and actual
results may differ materially from expected results.