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Taranis Initiates Drilling the Intrusive Target at Thor and Announces Granting of Incentive Stock Options
ESTES PARK, CO / ACCESS Newswire / July 15, 2025 / Taranis Resources Inc. ("Taranis" or the "C...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Initiates Drilling the Intrusive Target at Thor and Announces Granting of Incentive Stock OptionsESTES PARK, CO / ACCESS Newswire / July 15, 2025 / Taranis Resources Inc. (\"Taranis\" or the \"Company\") (TSXV:TRO)(OTCQB:TNREF) is providing an update on exploration activities at Thor. All of the 2025 exploration drilling is being directed in an area southeast of the Thor epithermal deposit and is aimed at discovery of an intrusive body.Recent Investigations of the Intrusive TargetIn 2024 Taranis completed deep exploration holes from the top of Broadview Mountain targeting two airborne geophysical anomalies. This area is 1km southeast of the Broadview Mine and despite the lack of historic mines in this area, recent exploration work has shown it to have extensive propylitic alteration characteristic of the outer margins of a porphyry-type environment. This alteration forms two concentric dyke-like bodies (I-2 east and west) that encapsulate a deeply buried central resistivity anomaly (I-1).The I-2 features are the youngest geological units at Thor and cut the Thor epithermal deposit at depth. Both I-2, the epithermal deposit, and I-1 are undeformed late-stage features superimposed on the highly-folded host rocks that are part of the Silver Cup Anticline. The mineralogy of I-2 is primarily albite, garnet, amphibole, chlorite, quartz and magnetite.The intrusive target at Thorhas two parts associated with it, an upper elongate portion referred to as Z-900/1300 that occurs between 900 and 1300m ASL, and a deeper circular resistive feature called I-1 that is found below 900m ASL to at least 0m ASL. The composite resistivity anomaly presence is manifested at surface however, the most obvious being a large hill overlying the hard and resistive rocks associated with the composite resistivity feature. Other important exploration criteria include the bracketing of the feature by widespread propylitic alteration, and the presence of mineralogy characteristic of contact-related alteration including albite, ludwigite and hornfels.Geochemical Gold, Arsenic and Zinc Associated with I-1 and Tungsten Tin EnrichmentIn 2024, Taranis was able to identify wide zones (up to 53m) of geochemical gold, arsenic and zinc mineralization beneath I-2, and west of the I-1 resistivity anomaly in drill holes Thor-246, Thor-247and Thor-248 (Taranis News Re...