Taranis Summarizes 2024 Exploration Surveys and Drilling at Thor
Taranis Resources has completed its 2024 exploration program at the Thor project near Trout Lake, British Columbia. The program included ten deep drill holes totaling 3,859.5 meters, with seven holes averaging 501m depth targeting areas below the epithermal deposit. The company also conducted exploration in the Horton Area, completing three short diamond drill holes totaling 273.64 meters.
The program included extensive surveys with VLF, ground magnetic/gradiometer measurements, and soil sampling. The Horton Area, impacted by 2024 wildfires, revealed new outcrops and high-grade surface boulders. A single confirmation drill hole of 109.12m was completed near the Great Northern Zone. Results from the analytical sampling, which included approximately 865 samples testing for mineralization, rare earth elements, and major oxide geochemistry, are pending.
Taranis Resources ha completato il suo programma di esplorazione 2024 presso il progetto Thor vicino a Trout Lake, Columbia Britannica. Il programma ha incluso dieci fori di sondaggio profondi per un totale di 3.859,5 metri, con sette fori che mediamente raggiungono la profondità di 501 metri, mirati a zone al di sotto del deposito epithermale. L'azienda ha inoltre condotto esplorazioni nell'Area Horton, completando tre brevi fori di sondaggio con diamante per un totale di 273,64 metri.
Il programma ha compreso ampie indagini con VLF, misurazioni magnetiche/gravimetriche a terra e prelievi di suolo. L'Area Horton, colpita dagli incendi boschivi del 2024, ha rivelato nuovi affioramenti e massi superficiali di alta qualità. Un singolo foro di conferma di 109,12 metri è stato completato vicino alla Great Northern Zone. I risultati del campionamento analitico, che hanno incluso circa 865 campioni testati per mineralizzazione, elementi delle terre rare e geochimica degli ossidi principali, sono in attesa.
Taranis Resources ha completado su programa de exploración 2024 en el proyecto Thor cerca de Trout Lake, Columbia Británica. El programa incluyó diez perforaciones profundas con un total de 3,859.5 metros, donde siete perforaciones tuvieron un promedio de 501 metros de profundidad, apuntando a áreas por debajo del depósito epitermaal. La compañía también realizó exploraciones en el Área Horton, completando tres perforaciones cortas con diamante que suman un total de 273.64 metros.
El programa incluyó extensas encuestas con VLF, mediciones magnéticas/gradiométricas en tierra, y muestreo de suelo. El Área Horton, afectada por los incendios forestales de 2024, reveló nuevos afloramientos y grandes rocas a nivel de superficie. Se completó un solo agujero de confirmación de 109.12 metros cerca de la Zona Great Northern. Los resultados del muestreo analítico, que incluyeron aproximadamente 865 muestras probando mineralización, elementos de tierras raras y geociencia de óxido mayor, están pendientes.
타라니스 자원은 브리티시 컬럼비아주 트라우트 레이크 근처의 토르 프로젝트에서 2024년 탐사 프로그램을 완료했습니다. 이 프로그램에는 10개의 심층 시추공이 포함되어 총 3,859.5미터에 달하며, 7개의 시추공이 평균 501미터 깊이로 에피열매 매장물 아래의 지역을 목표로 했습니다. 회사는 호튼 지역에서도 탐사를 진행하여 총 273.64미터에 달하는 3개의 짧은 다이아몬드 시추공을 완료했습니다.
이 프로그램에는 VLF, 지상 자기/중력 측정 및 토양 샘핑을 포함한 광범위한 조사가 포함되었습니다. 2024년 산불의 영향을 받은 호튼 지역에서는 새로운 노두와 고급 표면 바위가 발견되었습니다. 그레이트 노던 존 근처에서 109.12미터 길이의 단일 확인 시추공이 완료되었습니다. 광물화, 희토류 원소 및 주요 산화물 지구화학을 테스트하기 위해 약 865개의 샘플을 포함한 분석 샘플링 결과는 대기 중입니다.
Taranis Resources a achevé son programme d'exploration 2024 au projet Thor près de Trout Lake, en Colombie-Britannique. Le programme comprenait dix forages profonds totalisant 3 859,5 mètres, dont sept forages atteignant en moyenne 501 mètres de profondeur, visant des zones sous le dépôt épithermal. L'entreprise a également réalisé des explorations dans la zone Horton, complétant trois forages diamantés courts totalisant 273,64 mètres.
Le programme comprenait des enquêtes approfondies avec VLF, des mesures magnétiques à la surface/gravimètre, et des prélèvements de sol. La zone Horton, touchée par les incendies de forêt de 2024, a révélé de nouveaux affleurements et des blocs de haute qualité en surface. Un seul forage de confirmation de 109,12 mètres a été réalisé près de la Great Northern Zone. Les résultats des échantillons analytiques, qui incluent environ 865 échantillons testés pour la minéralisation, les éléments de terres rares et la géochimie des oxydes majeurs, sont en attente.
Taranis Resources hat sein Explorationsprogramm 2024 im Thor-Projekt nahe Trout Lake, British Columbia, abgeschlossen. Das Programm umfasste zehn tiefe Bohrlöcher mit einer Gesamtlänge von 3.859,5 Metern, wobei sieben Löcher eine durchschnittliche Tiefe von 501 Metern hatten und auf Bereiche unterhalb des epithermalen Vorkommens abzielten. Das Unternehmen führte auch Erkundungen im Horton-Gebiet durch und schloss drei kurze Diamantbohrlöcher mit insgesamt 273,64 Metern ab.
Das Programm umfasste umfangreiche Erhebungen mit VLF, Messungen des Erdmagnetfeldes/Gradiometern und Bodenproben. Im durch die Waldbrände von 2024 betroffenen Horton-Gebiet wurden neue Aufschlüsse und hochgradige Oberflächenblöcke entdeckt. Ein einzelnes Bestätigungsbohrloch von 109,12 Metern wurde in der Nähe der Great Northern Zone abgeschlossen. Die Ergebnisse der analytischen Probenahme, die ungefähr 865 Proben zur Mineralisierung, seltenen Erden und geochemischen Hauptoxiden umfassten, stehen noch aus.
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ESTES PARK, CO / ACCESSWIRE / October 30, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is providing an update on its Thor project located northeast of Trout Lake, British Columbia. Taranis has completed all of the field activities related to the 2024 exploration program at Thor. This exploration program had two main areas where exploration activities were focused, and these are discussed below.
Deep Drilling
A total of ten drill holes were completed in the Deep Drilling program of 2024. One drill hole was lost due to caving (Thor-241), and two others (Thor-244 & 245) were short confirmation holes that tested an unexpected zone encountered in Thor-242. Of the seven drill holes that tested deep exploration targets below the epithermal deposit, the average depth was 501 m. Drill hole results are pending, and will be provided once the analytical results are received and analyzed. The following table summarizes the statistics from the 2024 Deep Drilling program:
Drill Hole | Meters | Comments |
Thor-241 | 105.5 | Lost hole |
Thor-242 | 576.0 | South Tusk target |
Thor-244 | 105.0 | Thor-242 confirmation |
Thor-245 | 141.0 | Thor-242 confirmation |
Thor-246 | 525.0 | Spider Hole resistivity target |
Thor-247 | 393.0 | Spider Hole resistivity target |
Thor-248 | 496.0 | Spider Hole/magnetic target |
Thor-250 | 546.0 | West Spider Hole |
Thor-251 | 393.0 | Spider Hole resistivity target |
Thor-252 | 579.0 | North Crab Claw resistivity target |
Total | 3,859.5 |
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One main drilling access road was completed in the area south and east of the Broadview Mine, and this road was approximately 1,100 m in length. A considerable amount of analytical sampling was undertaken on the drill cores, and this included standard drill core sampling to assess mineralization and specialized sampling that included determinations of graphitic carbon, calcite, rare earth elements and major oxide geochemistry.
Exploration Item | No. of Samples |
Deep Drilling Assaying | ~680 |
Deep Drilling Alteration Analytical | 185 |
Total Samples | ~865 |
Taranis has also initiated investigations regarding the mineralogy of drill cores from the deep drilling, and the results of this will be forthcoming.
Horton Area
Exploration continued in an area west of the Great Northern Zone where many high-grade boulders were discovered late in the 2023 field season. Systematic multi-channel Very Low Frequency ("VLF") and ground magnetic/gradiometer surveys were completed on a grid established in 2024 that covered this area. Soil sampling with a mechanized auger was completed on the grid and Induced Coupled Plasma ("ICP") trace element sampling was completed on the soil samples.
The following table highlights the data that was collected from the exploration surveys that will be used to assess the origin of the high-grade surface boulders found in the area.
Exploration | Station Spacing | Number of Measurements/Samples |
Ground VLF surveys | 5m | 1,230 |
Ground magnetic-gradiometer surveys | 5m | 860 |
ICP and gold soil samples | 10m | 205 |
Boulder sampling | N/A | 33 |
Three short diamond drill holes were completed along the Horton Road which will provide additional information about the geology in this poorly understood area. The following table summarizes the three drill holes that were completed at Horton.
Drill Hole | Meters |
Thor-243 | 100.21 |
Thor-249 | 83.21 |
Thor-254 | 90.22 |
Total | 273.64 |
Horton was severely impacted by the 2024 wildfire, and virtually all the trees and surface vegetation were destroyed. The burn allowed for unprecedented exposure of new outcrops in the area, and the discovery of many more high-grade boulders at surface (Boulder Sampling). The results of these surveys will be available once all of the analytical data has been received, and the data has been interpreted.
Epithermal Drill Hole Confirmation
A single drill hole (Thor-253, 109.12 m) was completed in vicinity of the Great Northern Zone where previous drilling had intersected three ‘stacked' mineralized zones. This drill hole will aid in the interpretation of the main epithermal deposit but is also expected to add information pertaining to the deep drilling conducted in 2024.
About Taranis and Thor
Taranis Resources Inc. 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 2km 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 99,627,581 shares issued and outstanding (113,093,135 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.
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FAQ
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