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 Inc. announces the exercise of warrants and private placements to fund exploration efforts for the possible presence of a porphyry body under the Thor epithermal deposit. The company received $250,000 from share purchase warrants and plans a private placement of up to $1,400,000. The 2024 exploration program will focus on three key targets, including an intrusive target, conductive 'Tusks,' and a continuation of the Thor epithermal deposit.
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