Taranis Unveils Alkalic Intrusive System Underlying Thor Epithermal Deposit

Taranis Resources Inc. (TSX.V:TRO)(OTCQB:TNREF) has made a significant discovery at its Thor project, revealing an alkalic intrusive system underlying the epithermal deposit. This discovery has the potential to significantly impact the mineral reserves and resource estimates for the epithermal deposit, as well as the exploration strategy and future drilling programs at Thor.

The discovery of the alkalic intrusive system at Thor has several implications for the project's economic viability. The presence of advanced argillic alteration and anomalous gold over substantial widths in the contact-related alteration zone (Z-900/1300) suggests that there is a significant concentration of gold in this area. This discovery indicates that the intrusive body (I-1) is the likely source of the precious and base metals in the Thor epithermal deposit, increasing the potential for the discovery of substantial gold and copper deposits.

Moreover, the fact that only the northern edge of this feature could be drill-tested in 2024, but Taranis has taken actions to be able to fully evaluate this sizeable feature in 2025, suggests that there is still significant exploration upside at the Thor project. This means that there is potential for further discoveries that could enhance the economic viability of the project.

The 'linked epithermal-porphyry' geological model has significant implications for the exploration strategy and future drilling programs at Thor. This model suggests that epithermal deposits can be underlain by large, mineralized intrusives, which has led Taranis Resources to identify two intrusive bodies at Thor. The discovery of these intrusive rocks is a milestone in Thor's exploration history, as no intrusive rocks had been documented in the 130-year history of the site.

The presence of these intrusive bodies has opened up new avenues for exploration and has the potential to enhance Taranis' positioning in the mining industry. The ongoing investigations to better understand the mineralization and alteration patterns could lead to the discovery of substantial gold and copper deposits. This development highlights the importance of using modern geological models and state-of-the-art exploration tools, such as airborne magnetotellurics, magnetics, and geochemistry, to uncover hidden geological structures and enhance exploration efforts.

In terms of future drilling programs, the 'linked epithermal-porphyry' model suggests that drilling should focus on testing the deep exploration targets below the epithermal deposit. This approach has already been implemented in the 2024 exploration program, with ten drill holes completed to test deep exploration targets. The average depth of these drill holes was 501 meters, indicating a commitment to exploring the deeper geological structures at Thor.

Additionally, the discovery of the Horton target and the associated conductive annulus has provided another exciting exploration target for Taranis to drill in 2024. This target, along with the intrusive target and the Tusks, makes for three exciting exploration targets at Thor that are designed to make the project bigger and better.

In conclusion, the discovery of the alkalic intrusive system at Thor has significant implications for the project's economic viability, exploration strategy, and future drilling programs. The presence of advanced argillic alteration and anomalous gold over substantial widths in the contact-related alteration zone, combined with the potential for further discoveries, suggests that the Thor project has significant exploration upside and could be a valuable asset for Taranis Resources.