Taranis Resources is pleased to announce efforts that will enable the Company to test for the presence of a porphyry body under the Thor epithermal deposit. This includes the exercise of warrants and terms for a financing that will enable the Company to complete its objectives. Taranis has prepared a geological overview of the 2024 exploration program and it can be found by clicking on the following link [...]
Taranis Resources is pleased to announce the NI 43-101 compliant Technical Report titled "Technical Report and Updated Mineral Resource Estimate of The Thor Gold-Silver Project, Revelstoke Mining Division, British Columbia, Canada" dated April 11, 2024, has been filed on SEDAR+ .Taranis owns 100% of the Thor project in British Columbia. The Thor Project consists of approximately 3,800 ha of Mineral Claims, and 27 Crown [...]
Taranis Resources is pleased to provide an update on its 100%-owned Thor Project. Taranis has received approval of its Notice of Work " permit application that was filed in August 2022. This happened after Taranis's legal counsel initiated legal proceedings in the British Columbia Supreme Court. "It is regrettable we had to bring court action before getting the NoW issued, but we are very pleased to now have it in hand [...]
Taranis Resources is pleased to report on the updated Mineral Resource Estimate for its 100%-owned Thor project. The Thor project consists of approximately 3,800 Ha of Mineral Tenures, and 27 Crown Grant Mining Claims. Taranis owns the minerals outlined in the Mineral Resource Estimate update - precious and base - in fee simple. Mineral Resource History at Thor Since acquiring the Thor project in 2006, Taranis has [...]
Taranis Resources is pleased to report on drill hole Thor-238 that was drilled in the Thunder Zone. Drilling has proven to be challenging in the Thunder Zone, due to the presence of a rockslide that conceals the exploration target. Thor-241 was lost at the bottom of the landslide and abandoned. This area of the Thunder Zone is characterized by a very large apparent conductivity anomaly which is now documented to be 4-6 [...]
Taranis Resources Inc. is discussing findings of 2023 exploration activity at Thor. These insights are discussed in relation to an airborne geophysical survey that was undertaken in 2022. Alteration of rocks around an ore deposit is an important part of mineral exploration because it can be used to vector drilling towards important new discoveries of Mineral Resources. Background Expert Geophysics completed an airborne [...]
Taranis Resources Inc. is pleased to announce that the Canada Revenue Agency has reversed its 2021 ruling that disallowed the use of Canadian Exploration Expenses treatment for certain expenditures incurred in 2017 and 2018 related to the permitting of the 10,000 tonne exploration Bulk Sample. This ruling was made in response to the Company's "Request for Loss Determination for the taxation years ended December 31, 2017 [...]
Taranis Resources is providing an informational update on permitting work at Thor. The Province of BCa's Ministry of Energy, Mines and Low Carbon Innovation is managing the Notice of Work Permit that was filed one and one-half years ago. In the wake of delays, Taranis filed a petition for Judicial Review with the Supreme Court of BC, seeking: An order to the Chief Permitting Officer to: Make a decision on the Company's [...]
Taranis Resources is pleased to provide further exploration results on the Horton exploration target at Thor. Exploration work in this area included further boulder sampling, stream sediment, and ground electromagnetic surveys. The initial boulder sampling in this area is discussed in a News Release. Horton has attracted attention by Taranis because it lies west of the known epithermal trend, and this would suggest that [...]
Taranis Resources Inc. is pleased to report on the first of five drill holes that were completed in the Thunder Zone at Thor in 2023. Exploratory drilling sought to improve understanding of the unique breccia-type mineralization found in the Thunder Zone, and its relationship to an underlying conductive body found on an airborne Mag/MT survey. Drilling in the Thunder Zone has been confined to a depth of 180 m below [...]
Taranis Resources is summarizing the events of the 2023 summer exploration season on its 100%-owned Thor project. In addition to the discovery of a boulder field containing high-grade silver and gold values far to the west of the known deposit Taranis added diamond drill holes in the Thunder Zone. Diamond Drilling A total of 888m of diamond drilling was completed around the newly discovered epithermal Thunder Zone. This [...]
Taranis Resources Inc. is pleased to provide an initial report on exploration conducted in 2023 at Thor. A high-priority electromagnetic target located over 300m west of the Thor deposit, designated 'Horton', was evaluated and yielded promising exploration results. The entirety of the known Thor epithermal deposit occurs east of a major NNW-trending fault called the Ripper Fault. Horton is the first time any epithermal [...]