Business
Taranis Resources Surface Grab Sampling at Thor Returns 2,281.24 g/t Silver, 10.79 g/t Gold
Taranis Resources Surface Grab Sampling at Thor Returns 2,281.24 g/t Silver, 10.79 g/t Gold.
About this update from Taranis Resources Inc.
[{"type":"text","content":"\n\n\n\nLAKEWOOD, CO, Oct. 29 /CNW/ - Taranis Resources Inc. ("Taranis") (TSX.V:\nTRO) reports further to its News Release dated 10/24/2007, that it has\ncompleted a total of 60 diamond drill holes (5,378 m) on the Thor Property\nB.C. in a number of different areas. Drilling has been completed within the\nTrue Fissure Zone ("TFZ"), and along extensions of the zone both to the north\n(Section 330m North) and to the south (Section 330m South) as shown on the\naccompanying map available at www.taranisresources.com. Massive sulphide\n("MS") and/or quartz-sulphide ("QS") mineralization occurs within the Combined\nMetals Unit ("CMU"), a laterally extensive horizon enriched in precious and\nbase metals. The property was also gridded and surveyed by electromagnetic and\nmagnetic methods in 2007.\n\n\nTaranis owns a 100% (no encumbrances) interest in the Thor Property which\nwas acquired in 2006 after due-diligence that demonstrated significant\nprecious and base-metal mineralization over a strike length of 1.4 km (News\nRelease dated 11/16/2006). The following tables summarize surface grab\nsampling (north to south) from a number of zones that were not drilled this\nsummer owing to difficult access and a short season.\n\n\nSt. Elmo Mine (Section 350m North)\n\n\nPrecious and base metal values are hosted within both massive and in\nquartz sulphide breccia of the CMU.\n\n\n ------------------------------------------------------------\n Au Ag Cu Pb (%) Zn Rock\n (g/t) (g/t) (%) (%) Type\n ------------------------------------------------------------\n 2.334 2,212.41 1.12 13.56 35.27 MS\n ------------------------------------------------------------\n 2.695 1,749.96 0.50 1.80 2.07 QS\n ------------------------------------------------------------\n 1.456 1,865.75 1.17 11.20 32.47 MS\n ------------------------------------------------------------\n 1.576 1,894.08 1.19 11.56 23.49 MS\n ------------------------------------------------------------\n 4.876 2,281.24 1.12 15.33 12.81 MS\n ------------------------------------------------------------\n 2.246 492.2 0.03 2.01 0.24 QS\n-------------------------------------------------------------------------\nMin 1.456 492.20 0.03 1.80 0.24\n-------------------------------------------------------------------------\nMax 4.876 2,281.24 1.19 15.33 35.27\n-----...