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Taranis Identifies New High-Grade Gold-Bearing Zone at Thor Parallel to the Thor Ag-Au-Pb-Zn-Cu Deposit, Channel Samples 28.79 g/t Au / 3.72 m True Thickness
(via TheNewswire) Lakewood, Colorado / TheNewswire / September 25, 2017 - Taranis Resour...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Identifies New High-Grade Gold-Bearing Zone at Thor Parallel to the Thor Ag-Au-Pb-Zn-Cu Deposit, Channel Samples 28.79 g/t Au / 3.72 m True Thickness(via TheNewswire)\n\n \nLakewood, Colorado / TheNewswire / September 25, 2017 - Taranis Resources Inc. (\"Taranis\" or the \"Company\") [TSX.V: TRO] is pleased to update exploration activity related to its 100%-owned Thor project.\n\n \n \nExcavation of ore for the gold pilot plant at Thor has uncovered the continuation of high-grade gold mineralization at the SIF Zone in an area now referred to as the SIF-Extension. The original SIF zone occurs west of the main Ag-Au-Pb-Zn-Cu deposit within the top of an anticline fold structure, but it is now known that the zone rolls onto the west side of the anticline structure and continues to plunge moderately (450) to the northwest.\n\n \n \nTaranis will issue a separate News Release concerning the mining activity, and gold recovery of the original SIF Zone once it has ceased processing ore.\n\n \n \nChannel Sampling\n\n \n \nExcavation of the SIF-Extension below the mined-out SIF Zone has allowed Taranis to complete nine lines of channel sampling across the exposure, each representative of the true thickness of the zone. The sampled exposure shows the true thickness of the zone, and all sampling is directly taken on surface. ICP analyses are pending, and will be released at a later date. Channel sample lines are spaced 1.5 m apart, and are normal to the dip of the gold-bearing zone.\n\n \n\nChannel Sample Line\n\n\n\n\nTrue Thickness (m)\n\n\n\n\nGold (g/t)\n\n\n\n\n1\n\n\n\n\n1.98\n\n\n\n\n7.03\n\n\n\n\n2\n\n\n\n\n1.28\n\n\n\n\n4.35\n\n\n\n\n3\n\n\n\n\n2.10\n\n\n\n\n23.18\n\n\n\n\n4\n\n\n\n\n3.26\n\n\n\n\n9.10\n\n\n\n\n5\n\n\n\n\n2.93\n\n\n\n\n4.21\n\n\n\n\n6\n\n\n\n\n3.72\n\n\n\n\n28.79\n\n\n \n \nSIF-Extension Geology\n\n \n \nThe SIF-Extension zone contains visible gold similar to broken ore from the SIF Zone that is currently being processed in the gold pilot plant. In contrast to the main Thor Ag-Au-Pb-Zn-Cu deposit that includes abundant sulphide minerals, the SIF and SIF-Extension Zones consist of massive quartz with brecciated textures, and most distinctly a reddish iron oxide mineral that forms prominent gossans. Visible gold is commonly found in the zone, and it occurs with small amounts of magnetite, pyrite and within vug...