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Taranis Updates Core Drilling Permit Progress at Thor
(via TheNewswire) Lakewood, Colorado / TheNewswire / May 31st, 2017 - Taranis Resources...
About this update from Taranis Resources Inc.
[{"type":"text","content":"Taranis Updates Core Drilling Permit Progress at Thor(via TheNewswire)\n \n \nLakewood, Colorado / TheNewswire / May 31st, 2017 - Taranis Resources Inc. (\"Taranis\" or the \"Company\") [TSX.V: TRO] & [OTCQB: TNREF] is providing an update to exploration core hole permitting at its 100%-owned Thor Project, British Columbia. The Company recently received updates on two five-year Notice of Work (\"NOW\") permits from the Ministry of Energy and Mines.\n\n \n \nRidge Target (2G Exploration)\n\n \n \nThe Ridge Target is a greenfield exploration target that could extend the existing deposit to almost 4 km in strike length if successfully explored, and consequently exploration of this target has been given heightened priority by Taranis management. Originally the Company had planned to drill the target using a 3.5 km long pre-existing road completed in the early 1980's. During the review of the initial application, the Ministry of Energy and Mines requested that Taranis assume responsibility and subsequent reclamation for the road, and permit compliant bridges over wetlands. In view of this decision, Taranis modified the NOW so that it utilized a helicopter to move the drill onto the drill pads and minimize impact to the area of previous surface disturbance.\n\n \n \nBroadview Drilling (1G Exploration)\n\n \n \nTaranis also has a 5 year NOW application involving 31 drill sites and associated trail construction at the Broadview Mine. This area requires new road construction to complete section spaced drilling to define additional NI 43-101 Resource-compliant material. Despite having only limited drilling, the Broadview area has extensive underground development that has exposed mineralization in the sub-surface, and the Company is confident that there is significant potential to add new material to the existing resource in this area.\n\n \n \nTimeline for Permitting Approval\n\n \n \nDespite starting on the permitting process early in 2017, Taranis has encountered significant delays in obtaining permits at Thor this year. The final stage of the NOW permitting process involves Consultation. Permitting Consultation takes approximately two months to complete, and is reviewed by the Ministry of Energy and Mines, and other groups such as Forest, Lands and Natural Resource Operations, Recreation & Trails, Ministry of the Environment, a...