Telson Resources Inc. Receives Tahuehueto Project Construction Permi

Vancouver, British Columbia, October 10, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that the Mexican Federal Government, Secretaria De Medio Ambiente Y Recursos Naturales has issued a permit dated October 2nd, 2017 titled “Resolución en Materia de Impacto
Ambiental para el: “Proyecto reactivación de operaciones para la explotación y beneficio de minerales Tahuehueto” en el municipio de Tepehuanes, Dgo.” (the “MIA”) authorizing the construction of a mineral processing facility, related mining facilities, plus infrastructure and necessary underground development, at the Company’s Tahuehueto Project.
“With the granting of this MIA, Telson is now fully permitted to build its planned Tahuehueto Mine and we intend to initiate construction of the mine immediately upon securing the necessary funding. Our funding efforts are at an advanced stage having received three separate offers from off-take concentrate purchasers and negotiations are in progress to finalize the project’s capital expenditure funding. While there can be no assurance that we will obtain the required funding, we are confident that we will be able to come to a satisfactory arrangement with an off-take purchaser” states Telson’s CEO, Antonio Berlanga.

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