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Taranis Restarts Exploration Activities at Thor After Wildfire

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Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) has announced the restart of exploration activities at its Thor epithermal deposit following a significant wildfire. The fire affected approximately 75% of the core deposit area, causing extensive damage to vegetation. Despite the fire's intensity, Taranis' core infrastructure remained unscathed, including the core library, exploration camp, and bridges.

Drilling operations are set to resume on Tuesday after securing the affected areas. The company has mobilized an excavator to mitigate the risk of falling trees. One exploration drill sustained fire damage but is expected to be operational soon. The B.C. wildfire service estimated the burn area at 596 Hectares six days ago, and an Evacuation Alert remains in effect since July 23.

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) ha annunciato la ripresa delle attività di esplorazione presso il suo giacimento epithermale Thor, dopo un significativo incendio boschivo. L'incendio ha colpito circa il 75% dell'area centrale del giacimento, causando danni estesi alla vegetazione. Nonostante l'intensità dell'incendio, l'infrastruttura centrale di Taranis è rimasta illesa, inclusa la biblioteca di campioni, il campo di esplorazione e i ponti.

Le operazioni di perforazione sono pronte per riprendere martedì dopo aver messo in sicurezza le aree colpite. L'azienda ha mobilitato un escavatore per ridurre il rischio di alberi cadenti. Un trapano per esplorazione ha subito danni a causa del fuoco, ma ci si aspetta che torni operativo a breve. Il servizio antincendio della British Columbia ha stimato che l'area bruciata è di 596 ettari sei giorni fa e un'Allerta di Evacuazione è in vigore dal 23 luglio.

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) ha anunciado la reanudación de las actividades de exploración en su depósito epithermal Thor tras un importante incendio forestal. El fuego afectó aproximadamente el 75% del área central del depósito, causando daños extensos a la vegetación. A pesar de la intensidad del fuego, la infraestructura central de Taranis se mantuvo intacta, incluyendo la biblioteca de núcleos, el campamento de exploración y los puentes.

Las operaciones de perforación se reanudarán el martes después de asegurar las áreas afectadas. La empresa ha movilizado una excavadora para mitigar el riesgo de árboles caídos. Un taladro de exploración sufrió daños por el fuego, pero se espera que vuelva a estar operativo pronto. El servicio de incendios de B.C. estimó que el área quemada es de 596 hectáreas hace seis días, y se mantiene una alerta de evacuación en vigor desde el 23 de julio.

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF)는 중대한 산불 이후 토르(epithermal) 광맥에 대한 탐사 활동 재개를 발표했습니다. 화재는 약 75%의 주요 광맥 영역에 영향을 미쳤으며, 식생에 광범위한 피해를 입혔습니다. 불의 강도에도 불구하고, 타라니스의 핵심 인프라는 피해를 입지 않았습니다, 핵 도서관, 탐사 캠프, 교량이 포함됩니다.

채굴 작업은 영향을 받은 지역을 확보한 후 화요일에 재개될 예정입니다. 회사는 낙엽 위험을 줄이기 위해 굴착기를 동원했습니다. 탐사용 드릴 하나가 화재로 피해를 입었지만, 곧 운영될 것으로 예상됩니다. 브리티시컬럼비아 산불 서비스는 여섯 일 전에 태운 지역이 596 헥타르였다고 추정했습니다, 그리고 7월 23일부터 대피 경고가 발효 중입니다.

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) a annoncé la reprise des activités d'exploration sur son dépôt épithermal Thor suite à un important incendie de forêt. L'incendie a touché environ 75 % de la zone centrale du dépôt, causant des dommages importants à la végétation. Malgré l'intensité du feu, l'infrastructure principale de Taranis est restée intacte, y compris la bibliothèque de carottes, le camp d'exploration et les ponts.

Les opérations de forage devraient reprendre mardi après avoir sécurisé les zones touchées. L'entreprise a mobilisé une pelle mécanique pour atténuer le risque d'arbres tombants. Un foreur d'exploration a subi des dommages dus au feu, mais il devrait être opérationnel bientôt. Le service des incendies de la Colombie-Britannique a estimé que la zone brûlée s'élevait à 596 hectares il y a six jours, et une alerte d'évacuation reste en vigueur depuis le 23 juillet.

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) hat die Wiederaufnahme der Explorationsaktivitäten an seinem Thor-epithermalen Lagerstätte nach einem erheblichen Waldbrand bekannt gegeben. Das Feuer betraf etwa 75% des Kernbereichs der Lagerstätte und verursachte umfangreiche Schäden an der Vegetation. Trotz der Intensität des Feuers blieb die zentrale Infrastruktur von Taranis unbeschädigt, einschließlich der Kernbibliothek, des Erkundungscamps und der Brücken.

Die Bohrarbeiten sollen am Dienstag wieder aufgenommen werden, nachdem die betroffenen Bereiche gesichert wurden. Das Unternehmen hat einen Bagger mobilisiert, um das Risiko umstürzender Bäume zu mindern. Ein Erkundungsbohrer erlitt Brandschäden, wird aber voraussichtlich bald wieder betriebsbereit sein. Der Waldbranddienst von B.C. schätzte die Brandfläche auf 596 Hektar vor sechs Tagen, und eine Evakuierungswarnung ist seit dem 23. Juli in Kraft.

Positive
  • Core infrastructure (core library, exploration camp, bridges) unaffected by wildfire
  • Exploration activities to restart on Tuesday
  • Quick response to mitigate risks and resume operations
Negative
  • 75% of the core Thor epithermal deposit area burned
  • One exploration drill damaged by fire
  • Ongoing risk from falling trees and potential hotspots
  • Evacuation Alert still in effect, indicating persistent threat

ESTES PARK, CO / ACCESSWIRE / July 29, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSXV:TRO)(OTCQB:TNREF) is providing an update on the 2024 exploration program at Thor.

A large wildfire that burned through the entire Thor epithermal deposit has subsided to a point where exploration activities can be reinitiated on a limited basis. The wildfire caused significant damage to trees and other vegetation in the area, and roughly 75% of the core part of the Thor epithermal deposit was burned.

The Company anticipates that drilling activities will restart Tuesday, once the areas where the drills are located are secured. The prime risk at this point is from falling trees, and to mitigate this concern an excavator was mobilized to the site to knock burned trees down and remove trees from some of the main access roads.

Despite the ferocity of the wildfire, none of Taranis' core infrastructure was damaged onsite. The core library, exploration camp and bridges constructed last summer were unaffected. One exploration drill obtained fire damage, but repairs are almost complete, and it is expected to be up and running today.

The B.C. wildfire service estimated the size of the burn six days ago at 596 Hectares. The affected area is being monitored daily by the government, and B.C. wildfire personnel have been extinguishing hotspots along the main access road to Thor. Taranis would like to thank the B.C. wildfire service for all its hard work monitoring and combating the fires in the Trout Lake area, and an Evacuation Alert remains in effect from July 23 that underscores the threat.

About Taranis and Thor

Taranis Resources is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia and is comprised of 3,807 hectares of Mineral Tenures and 27 Crown Grant titles to precious and base minerals, many of which include surface rights. 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).

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 98,960,915 shares issued and outstanding (112,009,803 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

FAQ

What percentage of Taranis Resources' Thor deposit was affected by the wildfire?

Approximately 75% of the core part of the Thor epithermal deposit was burned in the wildfire.

When will Taranis Resources (TNREF) resume drilling activities at Thor?

Taranis Resources anticipates restarting drilling activities on Tuesday, July 30, 2024, once the areas where the drills are located are secured.

Was any of Taranis Resources' core infrastructure damaged in the wildfire at Thor?

No, none of Taranis' core infrastructure, including the core library, exploration camp, and bridges constructed last summer, was damaged by the wildfire.

What is the estimated size of the burned area at Taranis Resources' Thor site?

The B.C. wildfire service estimated the size of the burn at 596 Hectares six days prior to the press release date.

TARANIS RESOURCES INC ORD

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