Taranis Extends Gold Pit at Depth, Samples 2.04 m of Bonanza-Grade Material 26.6 g/t Gold, 1,246 g/t Silver, 3.1% Lead, 4.3% Zinc & 0.55% Copper

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[{"type":"text","content":"Taranis Extends Gold Pit at Depth, Samples 2.04 m of Bonanza-Grade Material 26.6 g/t Gold, 1,246 g/t Silver, 3.1% Lead, 4.3% Zinc & 0.55% Copper(via TheNewswire)\n\n \nLakewood, Colorado / TheNewswire / November 14, 2017 - Taranis Resources Inc. (\"Taranis\") [TSX.V: TRO] is pleased to update exploration activity related to its 100%-owned Thor mine (MX-5-602).\n\n \n \nTaranis has received assay results from a zone located 700m southeast of the high-grade SIF gold zone where mining activity was initiated at Thor this summer. Gold Pit channel sampling was undertaken after Taranis further excavated the zone at depth in August of 2017, and extended the highest-grade mineral occurrence known on the Thor project. Mechanical excavation made another important model-building discovery at Thor in 2017, and this will be released in a subsequent news release.\n\n \n \n2017 Gold Pit Excavation\n\n \n \nContrary to what was previously thought about the Gold Pit Area, the continued excavation of the zone at depth showed that the plunge of the mineralization is steeply to the southeast. It was formerly thought that the mineralization plunged shallowly to the northwest.\n\n \n \nA channel sample across the zone at the bottom of the 2017 trench returned the following results, and a photograph of the outcrop showing the channels sample locations has been posted on www.taranisresources.com\n\n \n\nFrom (m)\n\n\n\n\nTo (m)\n\n\n\n\nTrue Thickness (m)\n\n\n\n\nGold (g/t)\n\n\n\n\nSilver (g/t)\n\n\n\n\nLead (%)\n\n\n\n\nZinc (%)\n\n\n\n\nCopper (%)\n\n\n\n\n1.53\n\n\n\n\n3.57\n\n\n\n\n2.04\n\n\n\n\n26.6\n\n\n\n\n1,245.7\n\n\n\n\n3.08\n\n\n\n\n4.32\n\n\n\n\n0.55\n\n\n \n \n\n\n??Includes 0.64 m of 72.81 g/t Au, 1,716 g/t Ag, 3.6 % Pb, 6.0 % Zn, 0.78% Cu & 0.42% Sb \n\n\n\n \n \nSampling undertaken in 2015 at the top of the currently exposed outcrop (January 14, 2015) reported similar, but lower-grade results. These results are duplicated here for the sake of comparison, but were all located above the 2017 sampling.\n\n \n\nLine\n\n\n\n\nFrom (m)\n\n\n\n\nTo\n\n\n\n(m)\n\n\n\n\nInterval (m)\n\n\n\n\nGold (g/t)\n\n\n\n\nSilver (g/t)\n\n\n\n\nLead (%)\n\n\n\n\nZinc (%)\n\n\n\n\n1\n\n\n\n\n0.00\n\n\n\n\n1.64\n\n\n\n\n1.64\n\n\n\n\n14.3\n\n\n\n\n254.9\n\n\n\n\n0.99\n\n\n\n\n0.52\n\n\n\n\n2\n\n\n\n\n0.00\n\n\n\n\n2.04\n\n\n\n\n2.04\n\n\n\n\n52.4\n\n\n\n...

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