Taranis is teaming-up our high-grade Thor deposit with a modern processing facility located
in one of the most under-explored mining districts in Canada. We call this unique combination 'Midway'

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Midway

• Capitalizing on 14 years of successful exploration, with near & long-term catalysts for growth.
  
• Nearing permit decision for an modern Gekko InLine Pressure Jig plant that will produce a preconcentrate onsite.
• The Thor deposit is high-grade and near surface - Taranis has grown the mineral resource significantly with over 250 holes drilled to date.

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• Taranis has outlined a Letter of Intent to purchase 100% of the Max Project. The synergy created by the marriage of the Thor deposit located only 8 km northeast of the Max Project is special, and would provide the local economy with high-paying mining jobs.
  
• The Max Project includes a 1,000 t/day modern processing plant that is ideal to process ore from Thor. The mill was constructed in 2016 at a cost of C$28 Million, and is in excellent condition.
• Includes a modern Tailings Storage Facility that was only used for four years for the molybdenum operation, and has ample capacity for disposal of tails from the Thor mine.
• Includes C$50 Million in Tax Pools that can be used to offset revenue from processing the Thor deposit.
• Ideally suited for integration with a preconcentrator that is scheduled for construction at Thor in 2021.
• Includes other infrastructure including shops, buildings, land, etc.
  

Click the image to see some results of computer modeling of the Thor deposit - showing the relationship of the existing eleven zones of mineralization to the buried 'Intrusive Target'.

Aerial view of the Max Concentrator showing trout Lake in the background. The pairing of this asset with the Thor deposit will substantially improve economics, and shorten the production timeline from more than five years to less than two.

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