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Taranis Resources Inc. explores the Thor Project in the Silver Cup Mining District of southeastern British Columbia. Company news centers on the Thor epithermal silver, gold and base-metals system, its expanded land position of more than 6,000 contiguous hectares, and work across historic mines and new target areas including the Borr Zone and Nortran Target.
Recurring updates describe drilling results, deposit modeling, airborne electromagnetic and magnetic surveys, lamprophyre intrusive systems, historical sampling and mine data, and exploration planning under British Columbia permitting and regulatory conditions. The company’s releases also discuss capital allocation, access to legacy mining areas, and district-scale interpretation of the Thor deposit and surrounding mineralized structures.
Taranis Resources (OTCQB:TNREF, TSXV:TRO) reported initial results from its expanded exploration program on the 6,400 Ha Thor–Silver Cup project in southeast British Columbia. The company has identified a hydrothermally altered, sulfide-bearing syenite intrusive stock, named GUS, on newly acquired mineral tenures appended in January 2025.
GUS lies 3.7 km southeast of the Borr epithermal zone and 6.4 km southeast of the NI 43-101 Thor Mineral Resource, all aligned along the Thor Lamprophyre Dyke, a 16 km aeromagnetic feature linked to historic mines. Historical 1984 drilling 126 m west of GUS intersected gold-silver-base metal mineralization, which Taranis views as relevant but has not independently verified. According to the company, geological, geophysical and mineral zoning evidence suggests GUS-style intrusive stocks may underlie Thor and could represent an “engine” to district-scale mineralization.
Taranis Resources (OTCQB:TNREF) has begun new exploration work at its Thor project in British Columbia, initially covering 6,400 Ha in the historic Silver Cup Mining District. With growing focus on critical minerals and federal support for Teck's nearby Trail Smelter, the company is reassessing its existing NI 43-101 Mineral Resource to better report critical minerals alongside silver, gold, copper, lead and zinc.
Thor is already known to host zinc, copper, indium and antimony, but Taranis notes the critical-mineral database is only partially complete. Additional analytical work is underway on stored drill core pulps to evaluate germanium. Taranis has also acquired an additional prospective geophysical target, expanding the Thor Project to 6,613 Ha, and is conducting fieldwork on four high-priority targets plus numerous old mines and prospects. Exploration is overseen by Qualified Person John Gardiner, who is also President and CEO. Taranis reports 103,739,487 shares outstanding and 122,608,613 on a fully diluted basis.
Taranis Resources (OTCQB:TNREF) outlined 2026 exploration plans in the Silver Cup Mining District, using the Thor NI 43-101 gold resource as a model for district-scale targeting.
The company acquired new mineral tenures covering an 11 km lamprophyre dyke within a 6,400-hectare property, identified multiple historic gold-silver occurrences along the dyke margins, and defined four high-priority drill targets around Thor. Lamprophyre dykes, traceable by aeromagnetics, show strongly anomalous gold at carbonatized margins. Taranis plans to test the 11 km intrusive for gold deposition and reports 103,739,487 shares outstanding (122,608,613 fully diluted).
Taranis Resources (OTCQB:TNREF, TSX.V:TRO) updated shareholders on recent distributions of its shares by major holders Matachewan and McChip.
Matachewan distributed 10,615,348 Taranis shares (about 0.7780 per Matachewan share), while McChip distributed 17,377,244 shares (2.915598 per McChip share). Many recipients are now Taranis shareholders, and some may sell in the short term. Taranis reports 103,739,487 shares outstanding (122,608,613 fully diluted) and states there has been no significant change in its business, highlighting continued progress at the Thor project.
Taranis Resources (OTCQB:TNREF) updated exploration plans for the Thor deposit and the expanded 6,469.6 ha Silver Cup Mining District property. The company defined four high-priority drill targets near the existing NI 43-101 Thor mineral resource and compiled over 30 historical prospects and mines into two key geological trends.
Taranis Resources (OTCQB:TNREF) is revising exploration plans at its Thor Project in British Columbia due to current political and regulatory conditions. The company will slow capital-intensive drilling while advancing lower-cost work on the expanded Silver Cup property, where aeromagnetic data outline two lamprophyre dyke systems linked to historical mines.
Taranis has three permitted, drill‑ready targets at Thor but plans to wait for improved risk conditions before major drilling, emphasizing prudent capital management for its 103.7 million shares outstanding.
Taranis Resources (OTCQB:TNREF) reports early results from integrated work that expands its Thor project to a >6,000-hectare contiguous land package in the historic Silver Cup Mining District, southeastern British Columbia. Compilation of historic soils, drilling, airborne/ground geophysics and mine records defines a potential 14 km district-scale mineralized system and numerous undrilled high-grade epithermal veins. Taranis joined a 1989 airborne magnetic survey with its 2022 magnetotelluric survey to cover 14 km and identified multiple lamprophyre dykes, structural controls (Silver Cup Anticline), and target areas (Nortran, Borr, One O'clock) for 2026 drill testing.
Taranis Resources (OTCQB:TNREF) reported updated 3D deposit modelling at the Thor Project on March 18, 2026, showing the known Thor epithermal deposit is flanked by larger targets. Key findings: epithermal mineralization dated 145 (+/-3) MYA, mineralization extends 1.3 km beyond Thor, and the new Borr Zone may be about 5x the size of the existing deposit.
Two high-priority targets—Nortran (west) and expanded Borr (east)—will anchor 2026 exploration planning and drilling.
Taranis Resources (OTCQB:TNREF) reported 2026 exploration plans at the Thor project after airborne EM surveys identified conductive anomalies east and downslope of the Thor deposit, including a newly defined Borr Zone.
Drill intercepts (Thor-256/257) confirm down-dip continuity beyond a lamprophyre dyke, supporting targeted 2026 drilling to test expansion of the Thor epithermal system.
Taranis Resources (OTCQB:TNREF) plans district-scale 2026 exploration in the historic Silver Cup Mining District, expanding its Thor project to over 6,000 hectares and reporting the NI 43-101 compliant Thor deposit at 2.3 km strike. The company plans a 10,000-tonne metallurgical bulk sample in 2026 and will expand airborne magnetic and magnetotelluric surveys across its newly acquired land. Compilation work suggests the Thor southeast extension may underlie the lidar-delineated Ferguson rockslide and could extend the deposit up to 5.3 km if confirmed. Taranis is seeking regulatory approval to access east Ferguson Creek and will continue drilling the newly discovered Borr Zone.