Tarsis Stakes Rogue District Claims, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2011) -Tarsis Resources Ltd. (TSX VENTURE:TCC) ("Tarsis" and "the Company") is pleased to announce that it has acquired a 100% interest in 503 claims (approx. 10,500 hectares) by staking, located in the Rogue District, Yukon. The claims are located 170 kilometers east of Mayo, Yukon and are accessible by helicopter. An airstrip is located at Silver Predator's nearby Plata property.

The claims are situated within the Selwyn Basin and are underlain by Hyland Group, Road River and Earn Group sediments. This particular succession of rocks covers a large area of Selwyn Basin and has largely been the focus of SEDEX style lead-zinc exploration modeled after Howards Pass. Structurally-hosted silver mineralization also occurs within this succession of rocks at the nearby Plata property.

Staking was carried out to cover anomalous gold response (values range from 1 to 27 ppb) from the regional government stream sediment geochemical database. While much of the historical exploration in the vicinity of the new claims was focused toward SEDEX style lead-zinc mineralization, much of this work identified abundant anomalous silver values ranging from 0.1 g/t to 23.9 g/t from soils and 0.4 g/t to 8.6 g/t silver from stream sediments. None of the anomalies were reportedly followed up and explained.

In addition to the anomalous historical silver values, elevated pathfinder geochemistry is reported in both the government data and the prior operator's work, particularly for arsenic, antimony and molybdenum.

Tarsis intends to carry out early stage exploration, including prospecting, stream, rock and soil sampling, and mapping during 2011.

Options Grant

The Company has granted 450,000 incentive stock options to consultants, exerciseable at $0.61 for five years.

About Tarsis Resources

Tarsis is an exploration company following the prospect generator business model, with mineral properties in Yukon, Canada and Mexico. The Company acquires projects on attractive terms, adds value and then 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