For thousands of other reports visit RSC's Mineral Intellingence Map
Taranis Resources Inc.
Summary
| Project: | Thor | |
|---|---|---|
| Deposit: | Thor | |
| Location: | Canada | |
| Commodities: | Silver-Gold-Lead-Zinc-Copper | |
| Date: | 1/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-1-2019: Taranis Resources Inc. announces an Exploration/Drilling Update report for its Thor deposit at the Thor project. Drilling results incl. 5.12m @ 270.9g/t Ag, 0.36g/t Au, 0.18% Cu, 0.66% Pb, 0.2% Zn from 6.46m. Estes Park, Colorado, January 3, 201 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Gardiner (Internal) | |
| ABSTRACT: | Estes Park, Colorado, January 3, 2019 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO] updates activity related to its 100%-owned Thor project. This News Release summarizes the 2018 drilling exploration activity completed in an area between the Broadview and Great Northern Mines and reports on recent geological modeling of the deposit that have modeled the geology and metal zonation of the deposit (see www.taranisresources.com for some of the results). Exploration Drilling at the South End of the Thor Deposit 2018 drilling (28 drill holes, including one lost hole) was completed in an area of Broadview Creek where topographic erosion has deeply dissected the Thor deposit and exposed the underlying “roots” of the main Thor deposit. The initial drill results for the summer of 2018 were reported August 20, 2018 and included drill holes Thor-182, Thor-184 and Thor-185 that encountered typical high-grade silver, gold and base metal mineralization at Thor. Analytical data now includes indium which was found to occur in zinc-rich portions of the main Thor deposit. Two Different Mineralized Geological Domains at Thor In the early 1900’s and 1930’s underground exploration was completed at Thor in the Broadview main adit (233 m adit) and the Morgan Tunnel (634 m adit) topographically below the known Broadview, Great Northern and True Fissure deposits. These adits were used to explore the deposit at depth and to provide a haulage drift for extracting ore from the overlying high-grade deposits. Both adits are currently inaccessible but limited historical data available indicates that both tunnels intersected a tabular tectonic zone dipping moderately to the northeast (~500 ) that hosts low-grade mineralization in contrast to the overlying high-grade Thor deposit. The 2018 drilling has documented this transition from the overlying higher-grade mineralization into the underlying lower-grade material in the area between the Broadview and Great Northern Mines, and the ore types are designated Type 1 and Type 2 respectively. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report