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Taranis Identifies Visible High-Grade SIF Occurrence Assaying up to 90.1 g/t Gold in Grab Samples at Thor Property, British Columbia
(via Thenewswire.ca) Lakewood, Colorado, August 30, 2012 - Taranis Resources Inc. ("Taranis...
About this update from Taranis Resources Inc.
[{"type":"text","content":"\nTaranis Identifies Visible High-Grade SIF Occurrence Assaying up to 90.1 g/t Gold in Grab Samples at Thor Property, British Columbia\n\n(via Thenewswire.ca)\n\n \nLakewood, Colorado, August 30, 2012 - Taranis Resources Inc. (\"Taranis\") [TSX.V: TRO] is pleased to announce its recent discovery of substantial visible high-grade gold, in outcrop - assaying up to 90.1 grams per tonne. The discovery was made on its 100% owned Thor VMS deposit near Trout Lake, British Columbia. 7 grab samples taken from a 20m by 15m outcrop ranged from 0.74 to 90.1 g/tonne gold, averaging 27.5 g/t Au.\n\n\n \n\n ---------------------------------------------------------------\n |Sample No |Weight (Kg)|Gold (g/t)|Silver (g/t)|\n |-------------------------------------------------------------|\n |862384 |1.33 |2.71 |92.0 |\n |-------------------------------------------------------------|\n |862370 |3.01 |28.0 |4.9 |\n |-------------------------------------------------------------|\n |862369 |1.20 |0.74 |3.3 |\n |-------------------------------------------------------------|\n |862385 |1.88 |90.1 |12.2 |\n |-------------------------------------------------------------|\n |862368 |1.81 |44.7 |9.7 |\n |-------------------------------------------------------------|\n |862383 |4.82 |25.2 |2.9 |\n |-------------------------------------------------------------|\n |862367 |1.78 |1.33 |1.3 |\n |-------------------------------------------------------------|\n |Average of 7 grab samples|  |27.5 |18.0 |\n ---------------------------------------------------------------\n\n\n \nGold content was determined using Fire Assay methods (lead collection) on a 30 gram sample, and gold was weighed gravimetrically. Visible gold occurs as flaked linings within vugs, and as nucleations growing within and adjacent to as-yet unidentified black sulfide minerals, all within massive white quartz veins. The SIF outcrop exhibits a high \"nugget effect\", and will require large samples in order to assess its gold content. Sampling was restricted to portions of the outcrop that did not exhibit visible gold. Grab sampling is selective by nature, and is the first stage in assessing the gold content of this new occurrence, and the sampling may underestimate or overestimate the overall gold content of the occurrence, and are unlikely to represent average grades on the property.\n\n\n \...