Taranis Engages Novus Engineering to Complete Engineering Work for Bulk Sample at Thor
Taranis Resources has engaged Novus Engineering to complete engineering and reclamation planning for a 10,000-tonne bulk sample at its Thor precious metals project in British Columbia. The project aims to gather accurate grade, crushing, and separation data.
Key developments include: The British Columbia Ministry granted the final Mines Act Permit on July 26, 2021, which was extended to August 21, 2028. Additionally, the Canada Revenue Agency reversed a 2021 ruling, now allowing Canadian Exploration Expenses treatment for permitting expenditures from 2017-2018.
The bulk sampling program will focus on determining physical, chemical, and mechanical characteristics of the mineral resource, including effective grade and gravity separation potential. This work will run parallel with ongoing drilling efforts to expand the mineral resource.
Taranis Resources ha ingaggiato Novus Engineering per completare la pianificazione ingegneristica e di recupero di un campione in massa di 10.000 tonnellate presso il suo progetto di metalli preziosi Thor nella Columbia Britannica. Il progetto ha l'obiettivo di raccogliere dati accurati su grado, frantumazione e separazione.
Sviluppi chiave includono: il Ministero della Columbia Britannica ha concesso il permesso finale secondo il Mines Act il 26 luglio 2021, estendendolo fino al 21 agosto 2028. Inoltre, l'Agenzia delle entrate canadese ha annullato una decisione del 2021, ora consentendo il trattamento delle spese di esplorazione canadese per le spese di permesso del 2017-2018.
Il programma di campionamento in massa si concentrerà sulla determinazione delle caratteristiche fisiche, chimiche e meccaniche della risorsa mineraria, inclusi il grado efficace e il potenziale di separazione per gravità. Questo lavoro si svolgerà parallelamente agli sforzi di perforazione in corso per espandere la risorsa mineraria.
Taranis Resources ha contratado a Novus Engineering para completar la planificación de ingeniería y rehabilitación de un muestra a granel de 10,000 toneladas en su proyecto de metales preciosos Thor en Columbia Británica. El proyecto tiene como objetivo recopilar datos precisos sobre el grado, trituración y separación.
Los desarrollos clave incluyen: el Ministerio de Columbia Británica otorgó el permiso final del Mines Act el 26 de julio de 2021, que se extendió hasta el 21 de agosto de 2028. Además, la Agencia de Ingresos de Canadá revocó un fallo de 2021, permitiendo ahora el tratamiento de Gastos de Exploración Canadiense para gastos de permisos de 2017-2018.
El programa de muestreo a granel se centrará en determinar las características físicas, químicas y mecánicas del recurso mineral, incluyendo el grado efectivo y el potencial de separación por gravedad. Este trabajo se llevará a cabo simultáneamente con los esfuerzos de perforación en curso para expandir la recurso mineral.
타라니스 리소스(Taranis Resources)는 브리티시컬럼비아에 위치한 금속 광물 프로젝트인 Thor에서 10,000톤 대량 샘플에 대한 엔지니어링과 복원 계획을 완료하기 위해 Novus Engineering을 계약했습니다. 이 프로젝트는 정확한 품위, 분쇄 및 분리 데이터를 수집하는 것을 목표로 하고 있습니다.
주요 발전 사항으로는: 브리티시컬럼비아주 정부가 2021년 7월 26일에 광산법(Mines Act)의 최종 허가를 부여했으며, 이는 2028년 8월 21일까지 연장되었습니다. 또한, 캐나다 국세청은 2021년의 판결을 역전시켜 2017-2018년의 허가 비용에 대해 캐나다 탐사 비용 처리를 허용했습니다.
대량 샘플링 프로그램은 자원 광물의 물리적, 화학적 및 기계적 특성을 결정하는 데 중점을 두며, 효과적인 품위와 중력 분리 가능성을 포함합니다. 이 작업은 광물 자원을 확장하기 위한 지속적인 드릴링 작업과 병행하여 진행됩니다.
Taranis Resources a engagé Novus Engineering pour finaliser la planification technique et de réhabilitation d'un échantillon en vrac de 10 000 tonnes dans son projet de métaux précieux Thor en Colombie-Britannique. Le projet vise à recueillir des données précises sur la teneur, le concassage et la séparation.
Les développements clés comprennent : le ministère de la Colombie-Britannique a accordé le permis final du Mines Act le 26 juillet 2021, qui a été prolongé jusqu'au 21 août 2028. De plus, l'Agence du revenu du Canada a annulé une décision de 2021, permettant désormais le traitement des dépenses d'exploration canadiennes pour les dépenses d'autorisation de 2017-2018.
Le programme d'échantillonnage en vrac se concentrera sur la détermination des caractéristiques physiques, chimiques et mécaniques de la ressource minérale, y compris le degré efficace et le potentiel de séparation par gravité. Ce travail se déroulera en parallèle avec les efforts de forage en cours visant à étendre la ressource minérale.
Taranis Resources hat Novus Engineering beauftragt, die Ingenieur- und Rekultivierungsplanung für eine 10.000 Tonnen große Bulkprobe in seinem Thor-Projekt für Edelmetalle in British Columbia abzuschließen. Ziel des Projekts ist es, genaue Daten zu Gehalt, Zerkleinerung und Trennung zu sammeln.
Wichtige Entwicklungen umfassen: Das Ministerium für British Columbia erteilte am 26. Juli 2021 die endgültige Genehmigung nach dem Mines Act, die bis zum 21. August 2028 verlängert wurde. Darüber hinaus hat die Canada Revenue Agency eine Entscheidung aus dem Jahr 2021 aufgehoben und erlaubt nun die Behandlung von kanadischen Explorationskosten für Genehmigungsausgaben von 2017-2018.
Das Bulkprobenprogramm wird sich auf die Bestimmung physikalischer, chemischer und mechanischer Eigenschaften der mineralischen Ressource konzentrieren, einschließlich effektiven Grades und des Trennpotenzials durch Schwerkraft. Diese Arbeiten werden parallel zu den laufenden Bohrmaßnahmen zur Erweiterung der mineralischen Ressource durchgeführt.
- Received permit extension to August 21, 2028 for the bulk sample program
- CRA reversed ruling, allowing Canadian Exploration Expenses treatment for 2017-2018 permitting costs
- Engineering work progressing with established contractor for 10,000t bulk sample
- Project experienced delays due to CRA tax credit eligibility review
Engineering Work progressing at Thor
ESTES PARK, CO / ACCESSWIRE / December 3, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSXV:TRO)(OTCQB:TNREF) is providing an update related to its
Thor 10,000t Bulk Sample
Taranis has engaged Novus Engineering Inc. of Vancouver, British Columbia to provide engineering and reclamation planning support for the preparation of final engineering and construction plans for the 10,000t Bulk Sample at Thor. Both Taranis and Novus will complete the final engineering studies prior to construction of the facility at Thor. A brief history of the Thor Bulk Sample is outlined below:
On July 26, 2021, the British Columbia Ministry of Energy, Mines, and Low-Carbon Innovation ("EMLI") provided Taranis with a final Mines Act Permit, approving the 10,000t Bulk Sample plan originally submitted by Taranis in 2018. The permit includes subsequent modifications and permit conditions agreed upon throughout negotiation between the Mine Development Review Committee, Taranis and its consultants, and various other stakeholders.
On July 24, 2023, the Company received confirmation from EMLI that the permit expiration date was extended by two years. The new expiry date of the Bulk Sample permit is August 21, 2028. The permit extension was necessary to offset a delay introduced via review of flow-through tax credit eligibility for the project by the Canada Revenue Agency ("CRA").
On January 25, 2024, the CRA reversed a 2021 ruling that disallowed the use of Canadian Exploration Expenses ("CEE") treatment for permitting expenditures incurred in 2017 and 2018 related to the Bulk Sample. The ruling was made in response to Taranis' "Request for Loss Determination for the taxation years ended December 31, 2017, and December 31, 2018" which it filed on February 1, 2022.
Comment
John Gardiner, President and CEO of Taranis remarks "Having completed all of the requisite work to forge ahead with our Bulk Sample, and also having completed an update of the near-surface Mineral Resource at Thor, we are now seeking to gain insight into the Quality of the Mineral Resource at Thor. The purpose of Bulk Sampling at Thor is to determine the physical, chemical and mechanical characteristics of Mineral Resource, including the effective grade (dilution), to perform mineral tests and to determine whether gravity separation allows minimum quality specifications. These are all characteristics that are required in order to complete a meaningful economic analysis of the Thor deposit. Bulk Sampling will continue in parallel with drilling at Thor to further increase the size of the Mineral Resource".
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. This exploration uses modern geological models and uses state-of-the-art exploration tools including airborne magnetotellurics, magnetics and geochemistry. The Company's approach is that many of the historic mines in the area are underlain by comparatively large mineral deposits that do not outcrop at surface, and have the potential to become much larger deposits that can be mined using modern mining methods.
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
Taranis currently has 100,082,187 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 accesswire.com
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