Taranis Receives Notice of Work Permit to Undertake Deep Drilling at Thor

Rhea-AI Summary

Taranis Resources Inc. announces approval of Notice of Work permit for Thor Project in British Columbia. The company is planning activities for 2024 after legal proceedings. Taranis commits to working with Indigenous groups and local communities.

ESTES PARK, CO / ACCESSWIRE / March 26, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is pleased to provide an update on its 100%-owned Thor Project located 8 km northeast of the town of Trout Lake, British Columbia.

Taranis has received approval of its Notice of Work "(NoW") permit application that was filed in August 2022 (19 months ago). This happened after Taranis's legal counsel (McMillan LLP) initiated legal proceedings in the British Columbia Supreme Court.

"It is regrettable we had to bring court action before getting the NoW issued, but we are very pleased to now have it in hand and put this behind us" said Taranis President and CEO John Gardiner.

"Taranis is now reviewing the NoW details and planning its activities for 2024. Taranis is committed to working constructively with the Indigenous groups and local communities, and managing our work in a sound environmental manner" said Mr. Gardiner. "Just as we have done in this area for the last 18 years."

Qualified Person

Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is a principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256.

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com.

Taranis currently has 94,587,027 shares issued and outstanding (109,262,027 shares on a fully-diluted basis).

TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.), 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 johnjgardiner@earthlink.net

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS 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.

SOURCE: Taranis Resources Inc.

View the original press release on accesswire.com

FAQ

What project did Taranis receive approval for?

Taranis received approval for its 100%-owned Thor Project located in British Columbia.

When was the Notice of Work permit application filed?

The Notice of Work permit application was filed in August 2022, 19 months ago.

Who oversees the exploration activities at Thor?

Exploration activities at Thor are overseen by John Gardiner (P. Geo.), a Qualified Person under Canadian National Instrument 43-101.

How many shares does Taranis currently have issued and outstanding?

Taranis currently has 94,587,027 shares issued and outstanding.

What is the website for more information on Taranis and the Thor project?

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com.