Taranis Expands Exploration Capabilities with 1,634-Ha Property Acquisition

Taranis Resources Inc. (TSXV:TRO)(OTCQB:TNREF) has bolstered its exploration capabilities with the acquisition of a 1,634-hectare property adjacent to its Thor project. The newly acquired land package, located in the Silver Cup Mining District, includes areas of historical mining significance such as the Nettie L. Mine and portions of the Silver Cup Mine area. This strategic acquisition allows Taranis to explore a larger area, potentially leading to the discovery of new mineral resources and complementing its existing exploration efforts at the Thor project.

The acquisition comes at a time when Taranis has been refocusing its exploration efforts on deeper zones at the Thor project. In 2024, the company employed an innovative airborne magnetotelluric system to identify new geological features and potential underground deposits. This method revealed new intrusive bodies and defined three concentric zones of hydrothermal alteration underlying the Thor epithermal deposit. As the analysis of the 2024 drilling data progresses, more information will emerge on the exciting aspects of the geology at Thor.

Taranis's exploration strategy combines geophysical surveys and drilling to develop a comprehensive model of mineralization at Thor. The company's geological model at Thor utilizes a linked-epithermal porphyry type model, suggesting that near-surface, high-grade mineralization is underlain by a deeper, underlying source. This source could be an intrusive or associated alteration zone that surrounds the intrusion. To identify these targets deep below the surface, Taranis utilizes geophysical surveys that measure magnetic and conductivity parameters of the earth. This data is then subjected to geophysical inversion, which provides the company with three-dimensional models of the earth that outline the distribution of geological formations, alteration features, and even targets related directly to mineralization.

The acquisition of the 1,634-hectare property is a strategic move for Taranis, as it allows the company to explore a larger area and potentially discover new mineral resources. The property's proximity to the Thor project may also allow for synergies in exploration activities, such as shared infrastructure and resources, potentially reducing costs and improving efficiency. As Taranis continues to explore the Thor project and the newly acquired property, investors should keep an eye on the company's progress and the potential discoveries that may arise from these efforts.