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Taranis Resources Issues Update on its 100% Owned Thor (Gold, Silver, Lead, Zinc and Copper) Project in British Columbia - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2017) - Taranis Resources (TSXV: TR...
About this update from Taranis Resources Inc.
[{"type":"text","content":"\nTaranis Resources Issues Update on its 100% Owned Thor (Gold, Silver, Lead, Zinc and Copper) Project in British Columbia - Video News Alert on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - January 20, 2017) - Taranis Resources (TSXV: TRO) has issued an update on its 100% owned Thor project. The Thor project, primarily a silver deposit, with valuable concentrations of gold, lead, zinc and copper, is located in southeast British Columbia near Revelstoke.InvestmentPitch.com has produced a \"video news alert\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Taranis\" in the search box. It is also available on YouTube (click here).Cannot view this video? Visit:http://www.investmentpitch.com/video/0_scv6sc2b/Taranis-Resources-TSXV-TRO-has-issued-an-update-on-its-100-owned-Thor-ProjectThe company is advancing its exploration model to serve as a roadmap to future exploration around the Thor deposit, in order to add value to the existing resource.The company is giving the highest priority to understanding an aerially extensive rock unit called the \"Green Tuff\" that forms a volcanic-sedimentary dome complex. This complex shows a close spatial relationship to precious and base metal mineralization, and is believed to be the hydrothermal center responsible for the deposition of the Thor deposit.Initial potassium-argon age dating of the VDC rocks at Thor has been completed. In addition, surface and borehole magnetic data was subjected to geophysical inversion modeling to provide additional information pertaining to the source of the large magnetic anomaly found at surface. The potential importance of this anomaly was understood early in the exploration history, but the target was not adequately explored as priority was placed on drilling-out the near surface Thor deposit and completing the 2013 Resource estimate.The NI 43-101 Resource estimate consisted of silver, gold, lead, zinc and copper in the Indicated and Inferred categories, which equated to a 14 Million Ounce silver equivalent deposit.John Gardiner, President and CEO stated: \"In addition to the short-term exploration goals at Thor and expanding the near-surface resource, we continue to examine the extensive data to identify targets outside of the existing deposit. The hydrothermal system that formed Th...