Taranis Updates Engineering Studies for Thor IPJ Plant
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Updates Engineering Studies for Thor IPJ Plant
Estes Park , Colorado, July 26, 2018 – Taranis Resources Inc. ( “Taranis”) [TSX.V: TRO ] is
pleased to update activity related to its 100%-owned Thor project.
Joint Environmental Management Act and Mines Act Permit Application
Taranis has received the results of an initial engineering study required fo r the design and
implementation of an In-Line Pressure Jig (“IPJ”) plant that would upgrade stockpile material at
Thor from Brodie Consulting Limited ; the study further considers waste water management
recommendations.
The proposed location for the plant and for the Coarse Reject Storage Facility (“CRSF”) from
the IPJ plant would be located immediately west of the old True Fissure Millsite that had
operating mills located on it in 1939 (Comera Mining Corporation) and in the early 1970’s
(Columbia Metals). Taranis is continuing to collect environmental data from the property
including:
Baseline water sampling from True Fissure and Broadview Creeks both below and above
the deposit and old millsite.
Water being discharged from old underground working s including the Broadview Mine
and True Fissure Mine.
Silt sampling in Broadview and True Fissure Creeks.
Water flow monitoring using doppler stream sensors.
Characterization of surface soil in and around the proposed mining site.
Water discharge from stockpiles that are proposed to be processed in the IPJ plant.
Humidity cell testing of the discharge material from the IPJ plant aimed at understanding
the long-term Acid Rock Drainage / Metal Leaching characteristics of the CRSF material.
The work is part of the Phase II mining activity at Thor that will produce a gravity concentrate
onsite that can be shipped off the property for further processing , and is specifically designed to
minimize infrastructure on the property, and produce a concentrate onsite with minimal impact to
the local water resources.
Qualified Person
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.
Taranis is an exploration company focused on the development of its 100%-owned Thor project
in southeast British Columbia . Its mandate is to recognize mineral deposits early in the
exploration cycle that can be developed through int elligent exploration and business alliances.
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For additional information on Taranis or its Thor project, please visit our website at
www.taranisresources.com.
Taranis currently has 60,463,067 shares issued and outstanding ( 71,696,733 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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