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Taranis
Taranis takes projects such as Thor that have promising exploration upside and seek to enlarge them through state-of-the-art exploration. Have a look at our Thor project where we have recently delineated a sizeable near-surface 2.2 km long epithermal deposit. Exploration surveys have identified a large intrusive target that underlies the epithermal deposit, and an associated conductive annulus. We have invested a lot of time and effort in identifying this and the newly discovered Horton target, and are excited to drill them in 2024. This makes 3 exciting exploration targets at Thor that are designed to make Thor Bigger and Better! |
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TSX-V: TRO OTCQB: TNREF
The identification and implementation of a linked epithermal-porphyry geological model at Thor suggests that the +2km long existing epithermal deposit is related to a much larger source that remains undiscovered, and concealed below the surface - Namely a porphyry body such as that found at the Max mine located 8km to the southwest. Porphyry bodies are commonly mineralized in British Columbia with valuable metals. On the right side you will find a schematic cross-section of the Thor deposit. Click on the hotspots to see photographs of the rock types and alteration that are associated with the deposit. |
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The Thor epithermal deposit overlies a large magnetic feature, and underlying magnetic low. Both the epithermal deposit and the magnetic low occur with a conspicuous resistive high as outlined in the airborne MT survey. Based on this information, Taranis has been able to identify a large target that underlies the epithermal deposit that is believed to be related to an intrusive body that is not exposed at surface.
Thor Project Highlights
- 100%-owned, capitalizing on 17 years of successful exploration, with near & long-term catalysts for growth. 27 Crown Grant Mining Claims with surface rights over the main epithermal Mineral Resource and a possible underlying concealed porphyry deposit.
- NI 43-101 Mineral Resource update completed on the epithermal deposit.
- Received a 10,000 tonne Bulk Sample Permit in June of 2021 to operate a modern Gekko InLine Pressure Jig plant that will produce a pre-concentrate onsite used to characterize the polymetallic deposit, and be subsequently sent to a hydrometallurgical plant in Montana for upgrading prior to smelting.
- The Thor epithermal deposit is high-grade and near surface, defined with over 250 drill holes and is still open to the north end of the deposit. A newly discovered zone (Horton) also shows potential to expand the epithermal deposit westward.
- Taranis believes the Thor project hosts a unique type of porphyry copper deposit called a "DASH" deposit. These deposits are hosted entirely within sedimentary rocks, and have a very unique type of alteration unlike volcanic-hosted porphyry deposits worldwide. Evidence for this exists in the nearby Max molybdenum deposit that is entirely hosted within sedimentary rocks.
- DASH deposits could be the answer to British Columbia's long-awaited problem that will lead to the discovery of new porphyry deposits in sediment-dominated geologic terrains.
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