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 The letter of intent provides that it will be superseded and [...]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 [...]
Taranis Resources Inc. announces a private placement to consist of the sale of up to 4,000,000 flow-through units at a price of $0.10 each, to raise gross proceeds of up to $400,000, each flow-through unit to consist of one flow-through common share and one flow-through share purchase warrant, with each warrant to entitle the holder to purchase one additional flow-through common share at a price of $0.15 for a period of [...]
Taranis Resources Inc. , is pleased to provide an update on its plan to process a 10,000 tonne bulk sample application on its 100% owned Thor property in British Columbia. The B.C. Ombudsperson's office has completed an investigation of the permitting process for Taranis' bulk 10KBSA. Taranis' permitting team had identified numerous deficiencies that affected and slowed the review of the 10KBSA application and filed a [...]
Taranis Resources Inc. , is pleased to provide an update on its exploration activities with Gnumont Gold LLC , aimed at identifying new large-scale gold deposits in Nevada, as originally announced on April 14, 2020, and as updated on May 14, 2020. Gnumont, which is a private entity controlled by John J. Gardiner, the President and CEO of Taranis, has formed a mineral exploration syndicate known as the "LID Syndicate [...]
Taranis Resources Inc. , has made agreements with a private exploration firm to acquire projects and explore in Nevada for large Carlin-type deposits. Gnumont Gold LLC is a private entity controlled by John J. Gardiner, the President and CEO of Taranis, which has many years' experience seeking world-class gold deposits in Nevada, and has developed exciting new exploration approaches and modeling to target large gold [...]
Taranis Resources Inc. , is updating ongoing permitting activities for a 10,000 tonne bulk sample on its 100%-owned Thor Project located in British Columbia. This follows a conference call with the Executive Regional Director of Ministry of Energy, Mines and Petroleum Resources , the Thor Mine Development Review Committee Chairperson, and the Executive Director of "Major Mines" Permitting Office on March 12, 2020 [...]
Taranis Resources Inc. , is pleased to announce that it has received a permit to drill high-value exploration targets associated with the polymetallic mineral resource at its 100%-owned Thor property located near Trout Lake, British Columbia. Ridge Drilling Target and Drilling Permit Taranis has identified, modeled, and prioritized an area of known, outcropping mineralization that extends at least 1.2 km to the north of [...]
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