TCC Trenchant Capital Corp

Tarsis Resources Ltd. (TSX VENTURE:TCC) ("Tarsis" and "the Company") is pleased
to announce that prospecting in mid-2012 at its Erika property located in
southern Mexico, identified in-situ gold-bearing jasperoid breccias, features
that are commonly found in Carlin gold systems.


At Erika, four samples of hematitic jasperoid breccias were collected from
outcrop and returned assays ranging from 0.17 g/t gold to 0.94 g/t gold. All
samples returned elevated to strongly anomalous arsenic (230 to 3,140 ppm),
mercury (1 to 11 ppm), antimony (30 to 195 ppm) and thallium (0.7 to 1.0 ppm).


The jasperoids are located within the core of one of four discrete gold-in-soil
anomalies measuring approximately 600 meters by 300 meters with gold values
ranging from 10 ppb to 90 ppb gold. The other three soil anomalies are located
500 meters to 1,500 meters away and have received little to no follow up work
since being identified. All four soil anomalies feature coincident anomalous
arsenic (50 to 3,320 ppm) and thallium (1 to 23 ppm) and are coarsely defined by
200 meter by 50 meter spaced samples.


The jasperoid breccias occur within Cretaceous aged limestone, interpreted as
representing upper plate rocks. Diamond drilling during 2011 approximately seven
kilometers away identified Carlin-Style mineralization which included moderate
to intense decarbonatisation accompanied by arsenian pyrite, orpiment and
realgar in association with elevated gold response and moderate to dense
concentrations of peripheral calcite veining. 


One of the 2011 drillholes returned 2.25 g/t gold over 3.60 meters from within a
broader interval of 10.28 meters grading 1.14 g/t gold from drill hole ER-11-14.
The prospective calcareous siltstone horizon encountered in the 2011 drilling is
interpreted to underlie the upper plate limestone in the vicinity of the
jasperoid discovery.


Tarsis President & CEO, Marc Blythe stated, "We're very encouraged with the new
developments on the Erika property. The geology, interpreted structural
architecture and surface soil geochemical signature in the vicinity of the newly
discovered jasperoid mineralization elevate this target area to high priority
status. Tarsis plans to carry out infill soil sampling and further prospecting
to prepare the area for drilling. Carlin-Style systems are highly sought after
because examples in Nevada contain large tonnages of high-grade gold ore and are
significant contributors to production by major gold miners."


The technical information contained in this press release was prepared by Mr.
Marc G. Blythe, P.Eng., the President and CEO of Tarsis Resources Ltd. Mr.
Blythe is a Qualified Person as defined by NI 43-101.


About Tarsis Resources

Tarsis is an exploration company following the prospect generator business
model. The Company acquires prospective exploration projects through its own
grass roots generative exploration, and vends or options out projects to
partners for advancement.


On behalf of the Board,

Marc G. Blythe, P.Eng., MBA.

President and Chief Executive Officer

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