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Taranis Intersects 88 meters Composite Total of Mineralization, and 2.61% CuEQ / 3.43 m Extending High-Grade Chiisai Zone over 1.5 Km at Naakenavaara Copper-Gold Property, Finland
(via Thenewswire.ca) Lakewood, Colorado, October 11, 2011 - Taranis Resources Inc. ("Taranis"...
About this update from Taranis Resources Inc.
[{"type":"text","content":"\nTaranis Intersects 88 meters Composite Total of Mineralization, and 2.61% CuEQ / 3.43 m Extending High-Grade Chiisai Zone over 1.5 Km at Naakenavaara Copper-Gold Property, Finland\n\n(via Thenewswire.ca)\n\n \nLakewood, Colorado, October 11, 2011 - Taranis Resources Inc. (\"Taranis\") [TSX.V: TRO] is pleased to report on the final seven 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 and south sides of a prominent geophysical anomaly called the \"Bulls-Eye\", a structural feature measuring 2.5 km east-west by 750 m north-south which is known to be related to widespread precious and base metal mineralization.\n\n\n \n\"Bulls-Eye\" Area\n\n\n \nDrill Hole N-25 (-500)\n\n\n \nHole N-25 was drilled 100 m south of previously reported drill hole R-618 (0.73% CuEQ/13.0 m + 1.34% CuEQ/9.8 m) drilled by the Geological Survey of Finland (\"GTK\").\n\n\n \n\n---------------------------------------------------------------------\n|From |To |Meters|CuEQ (%)|Gold |Cobalt|Copper|Nickel|Sulphur|\n| | | | |(ppb)|(%) |(%) |(%) |(%) |\n|-------------------------------------------------------------------|\n|93.75 |97.75 |4.00 |0.49 |98 |0.01 |0.20 |0.07 |1.55 |\n|-------------------------------------------------------------------|\n|120.80 |125.97|5.17 |1.16 |142 |0.02 |0.65 |0.09 |2.71 |\n|-------------------------------------------------------------------|\n|127.66 |132.16|4.50 |1.05 |212 |0.02 |0.52 |0.09 |3.91 |\n|-------------------------------------------------------------------|\n|142.30 |166.00|23.70 |0.85 |195 |0.01 |0.47 |0.06 |1.84 |\n|-------------------------------------------------------------------|\n|190.94 |199.52|8.58 |0.81 |227 |0.02 |0.45 |0.05 |1.31 |\n|-------------------------------------------------------------------|\n|Composite|  |  |  |  |  |  |  |  |\n|Total | |45.95 | | | | | | |\n---------------------------------------------------------------------\n\n\n \nDrill Hole N-26 (-450)\n\n\n \nN-26 was drilled 100 m north of drill hole GTK drill hole R-617 (0.51% CuEQ / 31.0 m) and clipped the northern edge of a large antiform in the OKI Zone.\n\n\n \n\n---------------------------------------------------------------------\n|Fro...