ESTES PARK - 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.'

Contact:

John J. Gardiner

Tel: (303) 716-5922

Email: johnjgardiner@earthlink.net

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.

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