Taranis Assays 21.25 g/t Au over 11.45 meters at Thor’s SIF Prospect in southeastern British Columbia

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[{"type":"text","content":"Taranis Assays 21.25 g/t Au over 11.45 meters at Thor’s SIF Prospect in southeastern British Columbia(via Thenewswire.ca)\n\n \n\n -----\n | | |\n -----\n\n \n \nLakewood, Colorado - September 19, 2013 - Taranis Resources Inc. (TSX-V: TRO) (\"Taranis\") is pleased to report the results of a systematic chip-panel sampling program that has outlined a gold-bearing zone at the SIF Prospect located at Thor in August of 2013.\n\n \n \nOverview and Importance of SIF\n\n \n \nTaranis discovered the SIF prospect in 2012, and took several grab samples from the outcrop that contained significant gold values, and also contained visible gold (Taranis News Release dated August 30, 2012). The SIF is a 20 by 8 m wide single outcrop that occurs west of the Thor Silver deposit that is surrounded by shallow colluvium and the full extent of the quartz-bearing gold mineralization is not known. The visible gold occurs entirely within massive quartz-rich zones that are devoid of any copper, lead, zinc or silver and as such indicate it is a completely different deposit type at Thor. The SIF has never been drilled and is part of a much larger series of gold-bearing outcrops found on the property (Taranis News Release dated September 4, 2013).\n\n \n \nSampling:\n\n \n \nDuring August of 2013, Taranis completed outcrop washing and sampling at SIF and also conducted Panel (planar samples made up of multiple chips collected from a surface with dimensions typically measuring 1.5 by 1.5 m) sampling over the entire outcrop to fully understand the distribution and habit of gold mineralization. Line 1 is found on the south end of the outcrop, and Line 13 is found on the north end of the outcrop. A map has been posted on www.taranisresources.com that shows the location of the samples on the outcropping.\n\n \n \nOwing to the high nugget effect of the gold seen in outcrop, volumetrically large samples were collected using hammer and chisel, and subjected to metallic sieve fire analysis. A total of 13 lines were sampled, normal to the strike of the quartz-rich zones. The thickness of the SIF zone is unknown and it can only be ascertained through diamond drilling, although it is known to exceed 1.5 m thick in the SIF outcrop.\n\n \n \nResults:\n\n \n \nThe following table summarizes the results of the Panel sampling. A total of 51 samples...

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