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Two Porphyry Targets Linked to the Thor Epithermal Deposit Have Been Identified via Multiple Exploration Methodologies Known for Successful Identification of World-Class Porphyry Deposits

(TheNewswire) Estes Park, Colorado, TheNewswire, January 9th, 2023 – Using...

articleTaranis Resources Inc.January 9, 20235/company/taranis-resources-inc/news/two-porphyry-targets-linked-to-the-thor-epithermal-deposit-have-been-identified-via-multiple-exploration-methodologies-known-for-successful-identification-of-world-class-porphyry-deposits
Two Porphyry Targets Linked to the Thor Epithermal Deposit Have Been Identified via Multiple Exploration Methodologies Known for Successful Identification of World-Class Porphyry Deposits

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[{"type":"text","content":"Two Porphyry Targets Linked to the Thor Epithermal Deposit Have Been Identified via Multiple Exploration Methodologies Known for Successful Identification of World-Class Porphyry Deposits\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 January 9th, 2023\n \n – Using eight\ndistinct and mutually-supportive exploration methodologies, Taranis\nResources Inc. (“Taranis” or the “Company”)\n \n (\n \n TSXV:TRO\n \n )\n \n ,\n \n (\n \n OTC:TNREF] has identified two concealed intrusive\ntargets at its 100%-owned Thor project in British Columbia. The\nCompany has used an inclusive modeling strategy which merges the\nvariegated data produced by each of the exploration methodologies to\npinpoint the most likely location of a mineralized intrusive\nresponsible for the known near-surface mineralization. The results\nindicate that the pursuit of Taranis’ linked-porphyry epithermal\nmodel is a well-founded avenue of exploring the mineral resource at\nThor. Methods applied to the target delineation include airborne and\nground geophysics, VIS/SWIR/NIR spectrometry, petrology, geochemistry,\nhistorical drilling, surface mapping and\n \n \n LiDAR terrain mapping. The two targets developed\nby Taranis using the model are outlined on the Company’s website, at\n \n www.taranisresources.com\n \n .\n \n \n Unlike most porphyry-type terrains in British Columbia, the Thor\nproject area is dominated by metasedimentary and mafic volcanic rocks\nat surface. The much younger epithermal mineral deposit and targeted\nporphyry system appears to be hidden below the surface. Despite this,\nthere are surface indications that it may sub-crop as evidenced by the\n2022 discovery of a monzodiorite boulder field at the Broadview Mine\narea. The monzodiorite rocks found at Broadview have rare-earth\nelement (“REE”) and compositions similar to the 61 million year\nold Max intrusive located 8 km to the southwest of Thor. Recently\ncompleted petrography, field VIS/NIR/SWIR spectrometry and airborne\ngeophysics have documented extensive alteration outside of the Thor\nepithermal deposit, and provide compelling evidence that alteration is\nrelated to a much larger underlying porphyry system.\n \n \n \n Jumbo Intrusive Target\n \n \...

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