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Taranis Outlines 2023 Exploration Plans Including Deep Drilling of Porphyry Target
(TheNewswire) Estes Park, Colorado – TheNewswire - February 14th, 2023 &#x...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Outlines 2023 Exploration Plans Including Deep Drilling of Porphyry Target\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Estes Park, Colorado –\n \n \n TheNewswire -\n \n \n February 14th, 2023\n \n – Taranis\nResources Inc. (“Taranis” or the “Company”) [TSXV:TRO\n \n ]\n \n ,\n \n [\n \n OTC:TNREF] is developing an\nexploration plan for its 100%-owned Thor project in British Columbia\nfor 2023. Taranis has compiled substantial evidence that the 2.2 km\nlong epithermal deposit is the uppermost expression of mineralization\nof a deep underlying porphyry deposit. Testing this theory will\nrequire significantly deeper drilling than was necessary to define the\nepithermal resource. However, the large size and low cost of\nproduction inherent to porphyry mineralization could conceivably\nincrease the Mineral Resource significantly. The combination of\nnear-surface high-grade mineralization and deep, consistent hypogene\nmineralization would make Thor an important mining asset in British\nColumbia.\n \n \n \n A New Generation of Porphyry Deposits\nin British Columbia\n \n \n \n Taranis has carefully examined the nearby Max porphyry molybdenum\ndeposit (8 km SW) as it explores Thor, in order to contextualize and\ninterpret the vein-type Ag/Au/Pb/Zn/Cu epithermal mineralization at\nThor. Previous descriptions of the Max mine show that the porphyry is\nentirely hosted within metasedimentary rocks, and it is associated\nwith minor peripheral epithermal type veins that contain silver, lead\nand zinc. Third-party publicly available research has shown that the\nepithermal-type veins peripheral to Max were formed by the intrusive.\nTaranis believes that the Thor epithermal deposit is a direct analogy\nto this situation, and that the comparatively massive epithermal\ndeposit occurs in close proximity to a concealed intrusive body.\n \n \n Accordingly, Taranis is exploring for a porphyry deposit which is\nalmost entirely sediment hosted and does not outcrop. These are a very\nrare deposit type, and known examples include one of the largest\ndeposits found in North America (Bingham Canyon). The alteration\nfootprint is markedly different from classic volcanic-hosted porphyry\ndeposits that are commonly found throughout British Columbia, which\ncomplicates explorati...