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Taranis Intersects 12.32% Zn, 3.57% Pb, 0.17% Cu, 1.09 g/t Au and 284.60 g/t Ag over 1.01 m in Great Northern Zone and Establishes Thor as a Volcanogenic Massive Sulphide Deposit
LAKEWOOD, CO, Jan. 22 /CNW/ - Taranis Resources Inc. ("Taranis") (TSX.V: TRO) continues to outlin...
About this update from Taranis Resources Inc.
[{"type":"text","content":"\n\n\n\nLAKEWOOD, CO, Jan. 22 /CNW/ - Taranis Resources Inc. ("Taranis") (TSX.V:\nTRO) continues to outline a large precious and base metal bearing deposit\nfound within the Combined Metals Unit ("CMU"), now extending for over 1.6 km\nin strike length on its Thor property in southeastern British Columbia.\n\n\nThe drill results pertain to the Great Northern Zone ("GNZ") where\nTaranis has reported a number of ore-grade intercepts (see News Releases dated\nNovember 5, 2007 and December 11, 2007).\n\n\nGreat Northern Zone\n\n\nTaranis has drilled a total of 13 holes in the GNZ, all of which\nidentified intercepts of sulphide mineralization highly enriched in base and\nprecious metals. Thor-58 is the last drill hole to be reported from the GNZ\nwhich remains open at depth and along strike to the north and south. The GNZ\nis thought to have particular importance at Thor owing to a progressive\nwidening of the mineralized zones and increasing abundance of volcanic rocks\nat depth.\n\n\nSection 330m South\n\n\nDrill Hole Thor-58 (-51 degrees) was drilled down-dip of drill holes\nThor-50 through 54 (see News Release dated November 5, 2007) and intersected a\nzone of massive sulphide mineralization that was separated from an interval\nbelow by an interval of lost core. The upper zone corresponds with CMU-1 and\nthe lower zone with up-dip portion of the CMU-2 found in drill holes Thor-59\nand Thor-60.\n\n\n-------------------------------------------------------------------------\nThor-58\n-------------------------------------------------------------------------\nFrom To (m) Au Ag Cu (%) Pb (%) Zn (%) Thickness\n(m) (g/t) (g/t) (m)\n-------------------------------------------------------------------------\n77.48 78.49 1.09 284.60 0.17 3.57 12.32 1.01\n-------------------------------------------------------------------------\nand\n-------------------------------------------------------------------------\n83.15 84.19 0.41 337.70 0.12 2.96 3.36 1.04\n-------------------------------------------------------------------------\n\n\nGeological Setting of Precious and Base Metal Mineralization at Thor\n\n\nTaranis has assembled overwhelming geological data which supports the\nobservation by Chris Von Hessert (1984) that Thor is a volcanogenic massive\nsulphide ("VMS") deposit. More specifically, Taranis' rec...