Taranis Resources Inc.

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 [...]

Taranis Resources Inc. has filed a judicial review petition with the British Columbia Supreme Court, due to government's ongoing delay in processing an exploration permit application under the B.C. Mines Act. "We believe the government is unwilling to do its legal duty here because of First Nation pressure" said President and CEO John Gardiner. "While consideration of Indigenous rights is part of the Crown's duty to [...]

Taranis Resources Inc. announces the closing of the private placement announced on June 8, 2023. The private placement consisted of the sale of 7,600,000 units at a price of $0.11 per unit, for gross proceeds of $836,000, each unit consisting of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.15 until July 24, 2026. The [...]

Taranis Resources Inc. is pleased to announce that it has engaged P&E Mining Consultants Inc. to update its Mineral Resource Estimate at Thor. The maiden MRE was completed at Thor in 2013. Since that time, Taranis has drilled a further 100 drill holes on the epithermal deposit and has completed other surveys and studies which are expected to enhance the MRE. The metals analyzed in the 2013 MRE included gold, silver, lead [...]

Taranis Resources Inc. [TSX.V:TRO), , to consist of the sale of up to 7,600,000 units at a price of $0.11 per unit, to raise gross proceeds of up to $836,000. Each unit will consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of $0.15 for a period of three years from closing. (The participants in the Offering will also be [...]

Taranis Resources Inc. has had its legal counsel write to the Honourable Josie Osborne, BC Minister of Energy, Mines and Low Carbon Innovation, demanding action on an exploration permit application that was submitted to the Cranbrook regional office nearly a year ago. The permit application addresses a number of drill sites and roads that must be constructed at the Thor project in order to test for the presence of a large [...]