Taranis Resources Inc. Granted Permit for Deep Drilling at Thor Project

Taranis Resources Inc., operating from ESTES PARK, CO, announced the approval of its Notice of Work permit for the Thor Project, situated 8 km northeast of Trout Lake, British Columbia. This significant development, announced on March 26, 2024, enables the company to proceed with deep drilling activities on its 100% owned project. The permit comes after a prolonged legal process, involving the engagement of McMillan LLP and actions in the British Columbia Supreme Court, initiated due to delays in obtaining the permit filed 19 months prior, in August 2022.

John Gardiner, President and CEO of Taranis, expressed relief over the resolution, noting the unfortunate necessity of legal action but welcoming the permit's acquisition. Gardiner emphasized the company's commitment to sustainable and community-conscious practices in undertaking the upcoming activities outlined for 2024. He highlighted the company's longstanding operational history in the area, spanning 18 years, marked by constructive engagement with local communities and Indigenous groups.

The exploration activities at Thor will be overseen by John Gardiner (P. Geo.), a Qualified Person recognized under the Canadian National Instrument 43-101. Taranis Resources Inc., which currently boasts 94,587,027 issued and outstanding shares, with a fully-diluted basis of 109,262,027 shares, continues to invite interest in their 100%-owned Thor project and further company information through their website.