Taranis Completes Detailed Ground Geophysical Survey over Kettukuusikko North Zone Gold Target

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[{"type":"text","content":"\nTaranis Completes Detailed Ground Geophysical Survey over Kettukuusikko North Zone Gold Target\n\n(via Thenewswire.ca)\n\n \nLakewood, Colorado, August 23, 2011 - Taranis Resources Inc. (\"Taranis\") [TSX.V: TRO] is pleased to report on the results of a ground geophysical survey completed on the North Zone at its Kettukuusikko gold property located 6 km northeast of its Naakenavaara copper-gold project. A total of 8 km of detailed magnetometer/gradiometer and electromagnetic (\"EM\") surveying was completed attempting to locate the source of numerous high-grade gold values encountered in previous drilling, and also further evaluate a single SkyTEM airborne EM anomaly found in early 2011.\n\n\n \nResults of Survey and Exploration Significance\n\n\n \nThe lack of any outcrop makes geophysical surveying the primary means of generating drill targets at Kettukuusikko. The recent EM-Mag survey has identified a northeast trending conductive feature cross-cutting the Kettukuusikko North Zone (\"KNZ\") that was not previously known, and could possibly explain the high-grade gold mineralization found in this area. The newly identified feature has never been drilled outside of the holes that Taranis completed on the KNZ that have intersected high-grade mineralization found in this area. (Taranis News Release dated 18/05/2011).\n\n\n \nAt Kettukuusikko, the gold-bearing KNZ and Kettukuusikko South Zone (\"KSZ\") occur in close proximity to the Sirkka Shear Zone (\"SSZ\"), a major northwest-trending fault zone and host to numerous gold occurrences. The KNZ and KSZ have been profoundly impacted by structural movement along the SSZ. The Kittilä Gold Mine (Agnico Eagle) 15 km to the northeast occurs within a separate major fault zone called the Kiistala Shear Zone (\"KiSZ\") is now recognized as the district-scale control on gold mineralization. The two major fault zones intersect on Kettukuusikko, with the northeast KiSZ structure offset by the later northwest trending SSZ indicating a larger proximal gold deposit at Kettukuusikko could be aligned northeasterly on Taranis' ground.\n\n\n \nThe bulk of drilling at Kettukuusikko has been located 620 m southeast of the KNZ within the KSZ that is currently the focus of an NI 43-101 being completed by Caracle Creek International Consulting (\"CCIC\"). In addition to defining a gold-bearing Re...

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