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 [...]
Taranis Resources Inc. is providing an update on its Thor project located northeast of Trout Lake, British Columbia. Taranis has signed an agreement with an arm's-length vendor to acquire a 100% interest in 1,637.9 Hectares of Mineral Tenures and 61.4 Ha of Placer Tenures adjoining and located east of the Thor, subject to the reservation to the vendor of a 1% NSR from commercial production from the Tenures and a $40,000 [...]
Taranis Resources Inc. is providing an update on the 2024 exploration program at Thor. A large wildfire that burned through the entire Thor epithermal deposit has subsided to a point where exploration activities can be reinitiated on a limited basis. The wildfire caused significant damage to trees and other vegetation in the area, and roughly 75% of the core part of the Thor epithermal deposit was burned. The Company [...]
Announces the Exercise of Additional Share Purchase Warrants and the Closing of a Private Placement Taranis Resources Inc. is providing an update on its 2024 exploration program at Thor. Taranis has initiated its deep drilling program at Thor that is targeting magnetotelluric and magnetic targets identified in an airborne survey completed in 2022. The initial focus area is a series of deep anomalies below the Broadview [...]
Taranis Resources Inc. is providing an update on its 2024 exploration program at Thor. Deep Drilling Program The Company has engaged Atlas Diamond Drilling to conduct drilling at Thor on several deep-seated drill targets. Atlas completed drilling in 2018 at Thor and is familiar with the terrain and project conditions. There are two primary targets that will be explored with deep drilling; both having the potential to [...]
Taranis Resources Inc. is providing an update on its 2024 exploration program at Thor. Deep Drilling Program The Company has engaged Atlas Diamond Drilling to conduct drilling at Thor on several deep-seated drill targets. Atlas completed drilling in 2018 at Thor and is familiar with the terrain and project conditions. There are two primary targets that will be explored with deep drilling; both having the potential to [...]
Taranis Resources Inc. is pleased to announce the exercise of additional warrants that will aid the Company in its continued efforts to explore the Thor project. The Company is also progressing with a financing that will allow it to undertake deep drilling on the project this summer. Exercise of Warrants Taranis has recently received a further $250,000 from the exercise of 1,250,000 share purchase warrants at a price of [...]
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