Taranis Offers a Fully Domestic Source of Critical Minerals as it Initiates New Tests for Even More Critical Mineral Elements, and Acquires New Mineral Tenures at Thor Project
Rhea-AI Summary
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.
Positive
- Thor project expanded from 6,400 Ha to 6,613 Ha through new tenure acquisition
- Re-examination of NI 43-101 Mineral Resource to improve reporting of critical minerals
- New analytical program on stored drill core pulps targeting germanium
- Active fieldwork on four high-priority targets plus historic mines and prospects
- Share structure disclosed with 103,739,487 basic and 122,608,613 fully diluted shares
Negative
- None.
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ESTES PARK, CO / ACCESS Newswire / July 20, 2026 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) has commenced exploration activities on its 6,400 Ha Thor project, which covers a large portion of the past-producing Silver Cup Mining District.
With an increased focus on Critical Minerals in British Columbia, including Ottawa's investment of up to
As on ongoing part of the exploration review of geological and geophysical data at Thor, Taranis has also acquired an additional prospective geophysical target that has increased the size of the Thor Project to 6,613 Ha. Fieldwork is currently being undertaken to gain more insight into the four existing high-priority targets around Thor, and also the numerous old mines and prospects that occur within the 6,400 Ha expanded project.
Qualified Person
Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is the principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner is the President and CEO of Taranis Resources inc. and has reviewed and approved the comments contained within this News Release.
Taranis currently has 103,739,487 shares issued and outstanding (122,608,613 shares on a fully-diluted basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.), President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (720) 209-3049
johnjgardiner@earthlink.net
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.
SOURCE: Taranis Resources, Inc.
View the original press release on ACCESS Newswire