Making Every Drill Hole Count! Taranis Resources Inc. is providing the fourth in a series of updates related to the 2024 deep drilling program at Thor, SE British Columbia. Taranis has finalized a mass-balance alteration study of the drill holes completed in 2024, which intersected the I-1 and I-2 intrusive rocks that contain anomalous gold, zinc, and arsenic. Mass-balance alteration analysis is a well-known tool in [...]
Taranis Resources is providing additional information from the 2024 exploration work at Thor that was conducted in addition to the deep drilling. In the fall of 2023, a number of high-grade boulders were found at surface, and the results of that boulder sampling were summarized in a News dated Nov 6/2023. In the summer of 2024, Taranis completed systematic exploration activity in this area including the completion of a [...]
Taranis Resources is providing the third in a series of News Releases that detail exploration for a deep, underlying mineralized intrusive body at Thor. Taranis completed comprehensive geochemical studies of drill core using Gresens method. This method quantifies metasomatism and the changes to the rock using immobile elements, typically rare earth elements. Intrusive bodies invoke widespread chemical changes in the host [...]
Taranis Resources is providing the second in a series of News Releases that detail exploration for a deep, underlying mineralized intrusive body at Thor. This News Release documents two drill holes that were drilled from a single setup 0.6 km southeast of the Broadview Mine. Both drill holes returned anomalous gold over substantial widths. These intercepts were drilled west of the Z-900/1300 anomaly and provides [...]
Taranis Resources is providing an initial overview of the 2024 diamond drilling program at Thor. Taranis undertook a drilling exploration program at Thor using a 'linked epithermal-porphyry' geological model, and this approach has resulted in the identification of two intrusive bodies at Thor. The basic premise of this geological model is that epithermal deposits can be underlain by large, mineralized intrusives. This [...]
Taranis Resources Inc. has filed a new Notice of Work permit application to explore a recently-identified area of opportunity on the Thor Property. The application was submitted on January 28, 2025 and consists of five drill sites strategically located along an existing access road to the project. Taranis already holds an existing 5-year MYAB permit to conduct exploration which was submitted August 30, 2023 and issued in [...]
Taranis Resources Inc. is providing an update to a News Release that was issued on October 8, 2024 announcing that it had signed an Agreement to purchase a land package adjacent to the Thor project. This land acquisition has now been completed. The Mineral Tenures acquired were issued between the years 2005 and 2016 and are located over prospective parts of the Silver Cup Mining District including the past-producing [...]
Taranis Resources is providing an update related to its 100%-owned Thor Ag/Au/Zn/Pb/Cu project. The company has an outstanding Notice of Work permit to process 10,000 tonnes of minerals from the project in a Bulk Sample intended to accurize grade, crushing, and separation data. Thor 10,000t Bulk Sample Taranis has engaged Novus Engineering Inc. of Vancouver, British Columbia to provide engineering and reclamation planning [...]
Taranis Resources is providing an update on its Thor project. South and North Tusks An Expert Geophysics MT and Magnetic survey completed in June of 2022 identified two major conductive features that collectively form an elliptical feature under the Thor epithermal deposit. Although these two features are not exposed at surface, the South Tusk comes closest to surface in the Broadview Mine area where the top of the [...]
Taranis Resources announces that it has closed the private placement announced on October 29, 2024 which consisted of the sale of 454,546 flow-through units at a price of $0.55 per FT Unit for gross proceeds of $250,000. Each FT Unit consisted of one flow-through common share and one share purchase warrant, with each Warrant entitling the holder to purchase one additional common share at a price of $0.50 until November [...]
Taranis Resources is providing an update on its Thor project. Taranis has completed all of the field activities related to the 2024 exploration program at Thor. This exploration program had two main areas where exploration activities were focused, and these are discussed below. Deep Drilling A total of ten drill holes were completed in the Deep Drilling program of 2024. One drill hole was lost due to caving , and two [...]
Taranis Resources Inc. announces a non-brokered private placement of up to $250,000, to consist of the sale of up to 454,545 flow-through units at a price of $0.55 per FT Unit. Each FT Unit will consist of one flow-through common share and one share purchase warrant , with each Warrant to entitle the holder to purchase one additional common share at a price of $0.50 for a period of 24 months from closing. The proceeds [...]