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Taranis Discovers New Zone at Thor, Extending Deposit Under Thor's Ridge with Thor-220 (6.42% Combined Cu+Pb+Zn, 253.8 g/t Ag, 0.61 g/t Au Over 3.96 m)
(TheNewswire) Estes Park, Colorado – TheNewswire - October 25t...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Discovers New Zone at Thor, Extending Deposit Under Thor's Ridge with Thor-220 (6.42% Combined Cu+Pb+Zn, 253.8 g/t Ag, 0.61 g/t Au Over 3.96 m)\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Estes Park, Colorado –\n \n \n TheNewswire -\n \n \n October 25th, 2021\n \n – Taranis\nResources Inc. (“Taranis)\n \n (\n \n TSXV:TRO\n \n )\n \n \n (\n \n OTC:TNREF\n \n )\n \n is excited to report on exploration progress at its\n100%-owned “Thor” silver, gold, zinc, and copper polymetallic\ndeposit located near Trout Lake in southeastern British Columbia. In\nsummer 2021, Taranis drilled a total of ten holes testing the Ridge\nTarget; only the first three (Thor-218, 219 and 220) are discussed\nhere. Details of the remaining drill holes will be discussed as assay\nresults become available to the company.\n \n \n \n A new discovery was made testing the Ridge Target\n(henceforth referred to as the\n \n \n Thunder Zone\n \n \n ), located north\nand east of the Blue Bell Zone. The Thunder Zone was discovered on the\nsouth side of Thor’s Ridge, underneath a paleo-landslide which has\ndetached a portion of Thor’s Ridge. This paleo-landslide was not a\nrecognized aspect of the area’s geomorphology until 2021 due to its\nconcealment under undisturbed forest growth in the area.\n \n \n \n \n Lead-up to Discovery Hole\nThor-220\n \n \n \n Drilling on Thor’s Ridge is a challenging process because of steep\nterrain and technicalities of the overburden resulting from the\npaleo-landslide.\n \n \n The 2021 season’s inaugural drill hole (Thor-218, -450) on the Ridge\nTarget was abandoned at a depth of 48.8m due to excessive bit wear. An\nassessment of the difficult ground conditions indicated that a\nlandslide, clearly visible on Lidar imagery, was responsible for the\ndifficult ground conditions. Subsequent deep penetrating electrical\ntomography mapping of the area confirmed the presence of a large\nconductive landslide that ranged in thickness from 30-35 m, fully\nconcealing bedrock at the base of the landslide.\n \n \n Once drilling methods were modified, a drill hole (Thor-219, -600)\npenetrated through the landslide and reached bedrock at a depth of\n29.6 m. This hole intersected a new weakly mineralized quartz vein\nfrom 56.54 to 59.77 m (0.01% Cu, 0.16 % Pb, 0.57% Zn, ...