Business
Taranis Summarizes 2025 Surface Exploration Efforts; New Discoveries Demonstrate the Thor Deposit Remains Open In At Least Three Directions
More Opportunities for Growth of the Thor Silver Deposit ESTES PARK, CO / ACCESS Newswire ...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Summarizes 2025 Surface Exploration Efforts; New Discoveries Demonstrate the Thor Deposit Remains Open In At Least Three DirectionsMore Opportunities for Growth of the Thor Silver Deposit ESTES PARK, CO / ACCESS Newswire / December 15, 2025 / Taranis Resources Inc. (\"Taranis\" or the \"Company\") (TSX.V:TRO)(OTCQB:TNREF) is providing an update on its exploration activities at Thor. The Company is engaged in efforts to expand the Thor epithermal deposit beyond the boundaries of the published Mineral Resource. In two prior News Releases dated October 27, 2025 and November 25, 2025, respectively, the Company has summarized one new drill hole discovery 1.4 km east-southeast of the Thor deposit (Borr), and a new exploration target extending almost 2 km southeast of the known deposit under the Ferguson Rockslide.This release summarizes 2025 exploration field work which demonstrates additional exploration targets west of the Thor deposit in a large elliptical valley called Horton, and additional findings at the Mountain Goat Creek Rockslide target located approximately 800m northwest of the existing Thor deposit. These new discoveries and targets give the impression that near-surface epithermal mineralization extends laterally a considerable distance from the five historical mines which comprise the established core of the Thor project and NI 43-101 Mineral Resource.Horton Area - West of Thor Deposit (Gold and Donkey Pits)After the discovery of numerous high-grade gold and silver float samples in the Horton Area (Taranis News release, dated November 26, 2023), Taranis completed a large soil sampling grid, geophysical surveys, and rock sampling over the area in 2024 to locate the source of soil anomalies and high-grade float samples found at surface. Since 2023, numerous other high-grade float samples have been catalogued and collected in this area. The high-grade material occurs as football-to-automobile sized chunks and is most commonly hosted in milky white quartz which litters the surface cover of the area. In 2025, further soil sampling and mapping of mineralized boulders was completed at Horton. Soil sampling returned values of up to 1.4 g/t gold in the soil, and was able to confirm prior soil sample anomalies identified in 2024. Uphill and north of this area, an area of outcropping quartz stockwork returned gold and silv...