Taranis Resources Inc. is excited to report on exploration progress at its 100%-owned "Thor" silver, gold, zinc, and copper polymetallic deposit located near Trout Lake in southeastern British Columbia. In summer 2021, Taranis drilled a total of ten holes testing the Ridge Target; only the first three are discussed here. Details of the remaining drill holes will be discussed as assay results become available to the [...]
Taranis Resources Inc. , is delighted to provide an update on its 100%-owned Thor silver, gold, zinc, lead, and copper deposit located near Trout Lake, in southeastern British Columbia. The British Columbia Ministry of Energy, Mines, and Low-Carbon Innovation has provided Taranis with a final Mines Act Permit, approving the 10,000-tonne bulk sample plan originally submitted by Taranis in 2018. The permit includes [...]
Taranis Resources Inc. is pleased to provide an update on its 100%-owned Thor precious-base metal deposit located near Trout Lake, in northeastern British Columbia. Taranis has been invited to discuss recent developments pertaining to the Thor Project at the Canadian Institute of Mining and Metals 2021 virtual conference & AGM . The Taranis presentation will focus on some of the specific challenges and opportunities which [...]
Taranis Resources Inc. , , and a decision on issuing the permit will be made shortly. Since acquisition of the project in 2006, Taranis has completed 242 drill holes and 148 channel samples at Thor, establishing a high-grade mineral resource that occurs near surface, and over a strike length of 1.5 km. Previous analytical results suggest that in addition to the five main metals of interest, other strategic metals are [...]
Taranis Resources Inc. , is pleased to provide shareholders with an update on its efforts to integrate up-to-date data and create a superior geological model of the Thor deposit. This modeling was completed prior to conclusion of an updated Resource Estimate that is being used by the Company for internal project planning. This Resource Estimate was prepared by a Qualified Person but is unavailable to the public and is non [...]
Taranis Resources Inc. is pleased to announce developments related to its new “Midway” mine concept, which combines the company’s 100% owned Thor polymetallic mine and the past-producing Max concentrator facility. The company has made progress designing sustainable, low greenhouse gas emitting operations for Midway which meet the mandate and stated goals of the British Columbia Ministry of Energy, Mines, and Low-Carbon [...]
Taranis Resources Inc. is pleased to report on assay results from another hole drilled during its 2020 summer drilling program. Drill Hole Thor-214 The geology of Thor-214 is typical of most holes drilled in the Thor deposit to date, consisting of intervals of massive sulphide intercalated with quartz-sulphide breccia. There is evidence of faulting, and the geological units include intervals of distinctive pistachio-green [...]
Taranis Resources Inc. is pleased to report on the first drill hole from its summer exploration at its 100%-owned Thor polymetallic project in British Columbia. Taranis completed eight drill holes at Thor this summer, as well as road-cut sampling and geophysical surveys over the Ridge Target. Results of this work will be released as they become available. Drill Hole Thor-210 The initial drill hole was drilled on a newly [...]
Taranis Resources Inc. announces that it has entered into an exclusive letter of intent with Cameo Industries Corp. to acquire all of the issued and outstanding shares of FortyTwo Metals Inc., a private British Columbia mineral exploration company which holds certain mineral property interests in British Columbia, including the MAX Mill Molybdenum Project . The letter of intent provides that it will be superseded and [...]
Taranis Resources Inc. is pleased to update its shareholders with respect to the developing understanding of the Scab Zone at its 100%-owned Thor polymetallic project in British Columbia. Taranis completed eight drill holes at Thor this summer, as well as road-cut sampling and geophysical surveys over the Ridge Target. Results of this work will be released as they become available. Scab Zone Field crews have located and [...]
Taranis Resources Inc. is pleased to update its shareholders with respect to important developments at its 100%-owned Thor polymetallic project in British Columbia. Despite complications related to the COVID-19 pandemic, the Company was able to safely remove approximately 80t of dangerous wood and metal waste from the Thor project which were left behind by historical mining companies and never properly reclaimed. Metals [...]
Taranis Resources Inc. announces the closing of the private placement announced on July 6, 2020. The private placement consisted of the sale of 2,520,000 flow-through units at a price of $0.10 each, for gross proceeds of $252,000. Each flow-through unit consisted of one flow-through common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional flow-through common share at a [...]