Taranis is also pleased to report that it has commenced its summer exploration program at its 100% owned Thor Ag-Pb-Zn-Au-Cu deposit located near Trout Lake, British Columbia.

The Thor Property encompasses five old mines located in the prolific area of British Columbia called the Silver Circle, and is 4 km northeast of the Town of Trout Lake. Over the past 7 years. Taranis has drilled 152 drill holes, completed 35 trenches, and completed a 43-101 Mineral Resource Estimate in 2013 on a select portion of the known deposit. To date in 2014, Taranis has completed metallurgical test work on the sulphide and gold-bearing zones on the property that showed the deposit is amenable to processing using conventional metallurgical methods.

The 2014 exploration work will be focused on expanding gold mineralization found at surface through trenching and drilling, and will augment the existing NI 43-101 Resource. The gold within these zones has shown excellent metallurgical recoveries by gravity, and Taranis believes that if it is successful in adding a near surface gold resource to the project, it would greatly enhance the economic viability of the project.

About Taranis Resources Inc.