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Taranis Intersects 133.52 meters Composite Total of Mineralization in Drill Hole N-24 at Naakenavaara Copper-Gold Property, Finland

(via Thenewswire.ca) ----- | | | ----- Lakewood, Colorado, September 12, 2011 -...

articleTaranis Resources Inc.September 12, 20115/company/taranis-resources-inc/news/taranis-intersects-13352-meters-composite-total-of-mineralization-in-drill-hole-n-24-at-naakenavaara-copper-gold-property-finland
Taranis Intersects 133.52 meters Composite Total of Mineralization in Drill Hole N-24 at Naakenavaara Copper-Gold Property, Finland

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[{"type":"text","content":"\nTaranis Intersects 133.52 meters Composite Total of Mineralization in Drill Hole N-24 at Naakenavaara Copper-Gold Property, Finland\n\n(via Thenewswire.ca)\n\n \n\n-----\n| | |\n-----\n\n\n \nLakewood, Colorado, September 12, 2011 - Taranis Resources Inc. (\"Taranis\") [TSX.V: TRO] is pleased to report on the initial three drill holes of a ten hole exploration program completed on its 100% owned Naakenavaara copper-gold project located 9 km northeast of Kittilä, Finland.\n\n\n \nThese drill holes were completed on the east end of a prominent geophysical anomaly called the \"Bulls-Eye\", a feature that measures 2.5 km east-west and 750 m north-south that is known to be related to precious and base metal mineralization in the area.\n\n\n \nHole N-24 was drilled 100 m north of previously reported drill hole R-618 (1.34% CuEQ / 9.80 m + 0.73% CuEQ / 13.0 m) and 100 m to the west of drill hole R-617 (0.51% CuEQ / 31.0 m) (refer to News Release dated 11/01/2010). N-24 also intersected a significant amount of silver in the interval from 54.53-65.20 m that is not reported in the table below (19.9 g/t Ag / 10.67 m). This drill hole stopped in mineralization, and also shows a substantial thickening of the mineralized series at Naakenavaara that remains open in all directions.\n\n\n \n\n---------------------------------------------------------------------\n|From |To |Meters|CuEQ (%)|Gold |Cobalt|Copper|Nickel|Sulphur|\n| | | | |(ppb)|(%) |(%) |(%) |(%) |\n|-------------------------------------------------------------------|\n|54.53 |65.20 |10.67 |0.69 |66 |0.01 |0.21 |0.06 |1.94 |\n|-------------------------------------------------------------------|\n|83.34 |129.76|46.42 |0.63 |201 |0.01 |0.35 |0.04 |1.83 |\n|-------------------------------------------------------------------|\n|137.23 |144.83|7.60 |0.35 |2 |0.02 |0.13 |0.03 |2.87 |\n|-------------------------------------------------------------------|\n|150.73 |219.56|68.83 |0.54 |126 |0.02 |0.25 |0.03 |2.13 |\n|-------------------------------------------------------------------|\n|Composite|  |  |  |  |  |  |  |  |\n|Total | |133.52| | | | | | |\n---------------------------------------------------------------------\n\n\n \nN-23 was collared 100 m west of drill hole N-24, and intersected quartz-sericite breccia and black sediments ...

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