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Taranis Acquires 100% Interest in 1,634 Ha Property Adjoining Thor

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Taranis Resources (TSXV:TRO)(OTCQB:TNREF) has completed the acquisition of a 1,634 Ha property adjacent to its Thor project, including the past-producing Nettie L. Mine and portions of the Silver Cup Mine area. The acquired mineral tenures were issued between 2005 and 2016.

In 2024, the company redirected exploration drilling at Thor to deeper areas with potential for large, bulk-mineable deposits. Using Expert Geophysics' airborne magnetotelluric system, Taranis identified new intrusive bodies and three concentric zones of hydrothermal alteration underlying the Thor epithermal deposit. The exploration targets measure up to 1km in length.

The company employs a linked-epithermal porphyry type model, suggesting that near-surface, high-grade mineralization may be underlain by a deeper source, potentially an intrusive or associated alteration zone. Taranis uses geophysical surveys and three-dimensional modeling to identify and validate drilling targets.

Taranis Resources (TSXV:TRO)(OTCQB:TNREF) ha completato l'acquisizione di una proprietà di 1.634 Ha adiacente al suo progetto Thor, inclusa la storica miniera Nettie L. e porzioni dell'area della Silver Cup Mine. I diritti minerari acquisiti sono stati rilasciati tra il 2005 e il 2016.

Nel 2024, l'azienda ha reindirizzato la perforazione esplorativa a Thor verso aree più profonde con potenziale per grandi depositi estraibili. Utilizzando il sistema magnetotellurico aereo di Expert Geophysics, Taranis ha identificato nuovi corpi intrusivi e tre zone concentriche di alterazione idrotermale sottostanti il deposito epithermale di Thor. Gli obiettivi di esplorazione misurano fino a 1 km di lunghezza.

L'azienda utilizza un modello di tipo porfirico epithermale collegato, suggerendo che mineralizzazioni di alta qualità vicino alla superficie potrebbero essere sottostanti a una fonte più profonda, potenzialmente una zona di alterazione intrusiva o associata. Taranis utilizza sondaggi geofisici e modelli tridimensionali per identificare e convalidare i target di perforazione.

Taranis Resources (TSXV:TRO)(OTCQB:TNREF) ha completado la adquisición de una propiedad de 1.634 Ha adyacente a su proyecto Thor, que incluye la mina Nettie L. en producción en el pasado y partes del área de la Silver Cup Mine. Los derechos minerales adquiridos fueron emitidos entre 2005 y 2016.

En 2024, la compañía redirigió la perforación exploratoria en Thor hacia áreas más profundas con potencial para grandes depósitos explotables. Utilizando el sistema magnetotelúrico aéreo de Expert Geophysics, Taranis identificó nuevos cuerpos intrusivos y tres zonas concéntricas de alteración hidrotermal que subyacen al depósito epithermal de Thor. Los objetivos de exploración miden hasta 1 km de longitud.

La empresa emplea un modelo de tipo porfirio epithermal vinculado, sugiriendo que una mineralización de alta ley cercana a la superficie podría tener su origen en una fuente más profunda, potencialmente una zona de alteración intrusiva o asociada. Taranis utiliza encuestas geofísicas y modelado tridimensional para identificar y validar los objetivos de perforación.

타라니스 리소스(Taranis Resources) (TSXV:TRO)(OTCQB:TNREF)는 Thor 프로젝트에 인접한 1,634 헥타르 규모의 부동산을 인수했습니다. 이 부동산에는 과거에 생산되었던 넷티 L. 광산과 실버컵 광산 지역의 일부가 포함되어 있습니다. 인수한 광물 권리는 2005년부터 2016년 사이에 발급되었습니다.

2024년, 회사는 Thor에서 탐사 드릴링을 더 깊은 지역으로 전환하여 대규모 채굴 가능성이 있는 매장층을 조사하고 있습니다. Expert Geophysics의 공중 마그네토텔루릭 시스템을 사용하여 Taranis는 새로운 침투체와 Thor 에피열수 광상 아래에 있는 세 가지 동심원형 수열의 열수 변화를 파악했습니다. 탐사 목표는 길이가 최대 1km에 달합니다.

회사는 연결된 에피열수 포르피리 모델을 사용하여, 지표 근처의 고급 광물화가 더 깊은 원천, 즉 침투체나 연관된 변형대를 통해 형성될 수 있음을 나타냅니다. Taranis는 지구 물리학적 조사를 수행하고 3차원 모델링을 사용하여 드릴링 목표를 식별하고 검증합니다.

Taranis Resources (TSXV:TRO)(OTCQB:TNREF) a finalisé l'acquisition d'une propriété de 1 634 hectares adjacente à son projet Thor, y compris l'ancienne mine Nettie L. et certaines parties de la zone de la mine Silver Cup. Les titres miniers acquis ont été délivrés entre 2005 et 2016.

En 2024, l'entreprise a redirigé le forage d'exploration sur Thor vers des zones plus profondes avec un potentiel pour de grands dépôts exploitables. En utilisant le système de magnétotellurique aérien d'Expert Geophysics, Taranis a identifié de nouveaux corps intrusifs et trois zones concentriques d'altération hydrothermale sous-jacentes au dépôt épithermal de Thor. Les cibles d'exploration mesurent jusqu'à 1 km de longueur.

L'entreprise emploie un modèle de porphyre épithermal lié, suggérant qu'une mineralisation à haute teneur proche de la surface pourrait être sous-jacente à une source plus profonde, potentiellement une zone de transformation intrusive ou associée. Taranis utilise des enquêtes géophysiques et une modélisation tridimensionnelle pour identifier et valider les cibles de forage.

Taranis Resources (TSXV:TRO)(OTCQB:TNREF) hat den Erwerb einer 1.634 Hektar großen Immobilie abgeschlossen, die an das Thor-Projekt grenzt, einschließlich der ehemals produzierenden Nettie L. Mine und Teile des Gebietes der Silver Cup Mine. Die erworbenen Mineralrechte wurden zwischen 2005 und 2016 ausgegeben.

Im Jahr 2024 leitete das Unternehmen die Explorationsbohrungen bei Thor auf tiefere Bereiche um, die Potential für große, abbaubare Lagerstätten haben. Mit dem luftgestützten magnetotellurischen System von Expert Geophysics identifizierte Taranis neue intrusive Körper und drei konzentrische Zonen hydrothermaler Alteration unterhalb des epithermalen Vorrats von Thor. Die Explorationsziele messen bis zu 1 km in der Länge.

Das Unternehmen verwendet ein verknüpftes epithermales Porphyr-Modell, das darauf hindeutet, dass hochgradige Mineralisierung in der Nähe der Oberfläche von einer tiefer liegenden Quelle, möglicherweise einer intrusiven oder assoziierten Alterationszone, unterlegt sein könnte. Taranis nutzt geophysikalische Umfragen und dreidimensionale Modellierung, um Bohrziele zu identifizieren und zu validieren.

Positive
  • Acquisition of strategic 1,634 Ha property expanding Thor project footprint
  • Discovery of new intrusive bodies and three hydrothermal alteration zones
  • Identification of large-scale exploration targets up to 1km in length
  • Successful validation of airborne magnetotelluric system for target identification
Negative
  • None.

ESTES PARK, CO / ACCESS Newswire / January 20, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSXV:TRO)(OTCQB:TNREF) 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 Nettie L. Mine and portions of the Silver Cup Mine area.

In 2024, Taranis re-directed exploration drilling at Thor to deeper, underlying areas that have the potential to yield large, bulk-mineable deposits. These targets were derived from a revolutionary airborne magnetotelluric system implemented by Expert Geophysics that focused on a core area of Thor. Drilling in 2024 assessed several key features of this survey, and the initial drilling results demonstrate that this geophysical approach is very useful. Our findings indicated that the airborne system was not only able to identify some new intrusive bodies not previously known at Thor, but it was able to define three concentric zones of hydrothermal alteration underlying the Thor epithermal deposit. As analysis of the 2024 drilling data progresses, more information will emerge on this exciting aspect of the geology at Thor. As most of the prospective exploration targets outlined by this geophysical method are large, measuring up to 1km in length, it is a requirement that the property needs to be large enough to accommodate sizeable prospective mineral deposits, and the infrastructure that accompanies them.

Exploration Targeting at Thor

John Gardiner, President and CEO of Taranis remarks "Our geological model at Thor utilizes what is called a linked-epithermal porphyry type model, and we suspect near surface, high-grade mineralization to be underlain by a deeper, underlying source. This source could be an intrusive, or associated alteration zone that surrounds the intrusion. Intrusive-associated precious or base metal deposits are highly sought after owing to their size, but characteristically have low-grade metal tenors in contrast to high-grade deposits sought by ‘old-timers'. In order to identify these targets deep below the surface, Taranis utilizes geophysical surveys that measure magnetic and conductivity parameters of the earth. This data is then subjected to geophysical inversion which is a mathematical process of estimating the values of geological model parameters (such as size and depth) from a set of observed geophysical data and models the responses in three-dimensions. This approach provides Taranis with three-dimensional models of the earth that outline the distribution of geological formations, alteration features, and even targets related directly to mineralization. These targets are tested with drill holes, and the magnetic and resistivity responses are carefully measured on the drill core and compared with the inverted models. This approach ensures that Taranis is constantly evolving its knowledge of datasets to select the best targets for drilling".

About Taranis and Thor

Taranis Resources is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia. Taranis has completed upwards of 250 drill holes, linking all previously known mines into a single, near-surface epithermal deposit that has been recently updated into an NI 43-101 Mineral Resource Estimate (see Taranis News Release dated April 11, 2024). In the summer of 2024, Taranis initiated deep drilling aimed at finding the source of the 2 km long epithermal deposit.

Qualified Person

Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is a principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner has reviewed and approved the comments contained within this News Release.

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com

Taranis currently has 100,348,854 shares issued and outstanding (113,827,227 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

Per: John J. Gardiner (P. Geo.), President and CEO

For further information contact:

John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (303) 716-5922 Cell: (720) 209-3049 johnjgardiner@earthlink.net

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.

SOURCE: Taranis Resources, Inc.



View the original press release on ACCESS Newswire

FAQ

What property did Taranis Resources (TNREF) acquire in January 2024?

Taranis Resources acquired a 1,634 Ha property adjacent to the Thor project, which includes the past-producing Nettie L. Mine and portions of the Silver Cup Mine area.

What exploration discoveries did TNREF make at Thor in 2024?

In 2024, using airborne magnetotelluric surveys, Taranis discovered new intrusive bodies and three concentric zones of hydrothermal alteration underlying the Thor epithermal deposit.

How large are the exploration targets identified by TNREF at Thor?

The exploration targets identified at Thor measure up to 1 kilometer in length.

What exploration model is TNREF using at the Thor project?

Taranis is using a linked-epithermal porphyry type model, which suggests near-surface, high-grade mineralization is underlain by a deeper source, such as an intrusive or associated alteration zone.

What technology is TNREF using for exploration at Thor?

Taranis is using Expert Geophysics' airborne magnetotelluric system, along with geophysical surveys measuring magnetic and conductivity parameters, combined with three-dimensional modeling through geophysical inversion.

TARANIS RESOURCES INC ORD

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