! Recent News Section ! - 5/16/2018 -Click on the Equities.com link to view a summary of Taranis and its Thor project recently completed by Equities.com
Rainbow at Thor
Welcome to the Taranis Website! - For those of you new to our company we are a Canadian and US-listed exploration/mining company listed on the TSX-Venture Exchange in Canada, and the OTCQB-Exchange in the United States.
Our main asset is the Thor Mine located in Southeast British Columbia, which the company has explored since 2006, and owns a 100% interest. Thor is a major Ag-Au-Pb-Zn-Cu resource that is continuing to be explored and expanded, and has recently had a number of gold discoveries. The project has successfully transitioned from being an exploration project into a limited mining operation in 2017. During the summer of 2017, a pilot mill was commissioned to complete processing of the newly discovered SIF high-grade gold bearing SIF Zone under B.C. Mine Permit MX-5-602. The decommissioning of the tailings pond in October 2017 successfully drew Stage 1 of the mining activity at Thor to a close, and sets the stage for much larger treasures at Thor!
Taranis is now in the process of evaluating the permitting and mining of high-grade precious and base metal stockpiles that are on the property using onsite Density Media Separation ("DMS"). DMS is a relatively new approach to mining that is environmentally much more friendly than conventional methods of processing sulphide-bearing ore such as flotation, and metallurgical testing of the process has given exceptional results at Thor!
The third and final part of the mine permitting process will be the transition from mining surface stockpiles to mining the main Thor in-situ deposit. Taranis has already spent two years collecting baseline environmental data in preparation for the 2nd and 3rd stages of mining at Thor. Taranis knows that Thor WILL become a major producing mine, and takes extraordinary steps to ensure that it meets / exceeds the high standards of permitting a mine in British Columbia.
Our main asset is the Thor Mine located in Southeast British Columbia, which the company has explored since 2006, and owns a 100% interest. Thor is a major Ag-Au-Pb-Zn-Cu resource that is continuing to be explored and expanded, and has recently had a number of gold discoveries. The project has successfully transitioned from being an exploration project into a limited mining operation in 2017. During the summer of 2017, a pilot mill was commissioned to complete processing of the newly discovered SIF high-grade gold bearing SIF Zone under B.C. Mine Permit MX-5-602. The decommissioning of the tailings pond in October 2017 successfully drew Stage 1 of the mining activity at Thor to a close, and sets the stage for much larger treasures at Thor!
Taranis is now in the process of evaluating the permitting and mining of high-grade precious and base metal stockpiles that are on the property using onsite Density Media Separation ("DMS"). DMS is a relatively new approach to mining that is environmentally much more friendly than conventional methods of processing sulphide-bearing ore such as flotation, and metallurgical testing of the process has given exceptional results at Thor!
The third and final part of the mine permitting process will be the transition from mining surface stockpiles to mining the main Thor in-situ deposit. Taranis has already spent two years collecting baseline environmental data in preparation for the 2nd and 3rd stages of mining at Thor. Taranis knows that Thor WILL become a major producing mine, and takes extraordinary steps to ensure that it meets / exceeds the high standards of permitting a mine in British Columbia.
Our company is managed by five Directors; each having over 25 years of experience in the mining / exploration business. Taranis is exploring and developing the Thor precious-base metal deposit in southeast British Columbia which had a maiden NI 43-101 Resource completed by Roscoe Postle Associates Inc. ("RPA") in 2013. Since that time, Taranis has added over 100 drill holes to the Resource, and the deposit is still growing!
We believe that the Thor deposit holds incredible value for our stakeholders. To date, the Thor deposit has an NI 43-101 Resource (Indicated and Inferred) containing 6.9 Million Oz silver, 35,000 Oz gold, 57 Million lbs lead, 79.4 Million lbs zinc and 3.3 Million lbs of copper that resides in a low-cost, open pit mining operation. This equates to a 14 Million Ounce silver equivalent ("AgEq") deposit.
We believe that the Thor deposit holds incredible value for our stakeholders. To date, the Thor deposit has an NI 43-101 Resource (Indicated and Inferred) containing 6.9 Million Oz silver, 35,000 Oz gold, 57 Million lbs lead, 79.4 Million lbs zinc and 3.3 Million lbs of copper that resides in a low-cost, open pit mining operation. This equates to a 14 Million Ounce silver equivalent ("AgEq") deposit.
We are pursuing two mutually exclusive tracks at Thor. The first of these is staging mining development of the deposit to create a positive cash flow that will minimize dilution to achieve commercial production. The second is conducting further exploration to grow the deposit to a critical threshold that will optimize development.
Our company prides itself in creating value for our shareholders through professional and conservative values, and using that base to advance the Thor precious-base metal deposit.
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