(via TheNewswire)
Taranis has identified, modeled, and prioritized an area of known, outcropping mineralization that extends at least 1.2 km to the north of the existing deposit. In March of 2019, Taranis' permitting team filed a Notice of Work application to construct and drill relatively deep holes from drill sites on a major topographic feature known as Thor's Ridge. The program is designed to follow the Thor deposit to the northwest. The NOW also included a proposal to test several targets towards the south end of the True Fissure portion of the deposit that are not presently included in the substantial resource calculation.
With the granting of the Notice of Work permit, Taranis is poised to make major strides in outlining the extent of the ore body at Thor. Mineralization under Thor's Ridge has long been theorized but has never been drill tested; Taranis' drill permits cover the entire strike length (1.5 km) of the new target.
Thor 10,000 tonne Bulk Sample Metallurgical Application
Taranis has recently furnished the
Technical Review for Joint Environmental/Mines Act "JEMA" permits are typically expected to take 60 days per MEMPR; current review for the 10,000 tonne bulk sample has taken more than 120 days. Taranis' Qualified Persons and permitting team are working diligently to ensure that the review is completed punctually and with consideration to the scale of the project. Taranis and its Qualified Persons are satisfied that these reports, in tandem with the Joint Application document, create a compelling and well-supported rationale for the project. Mine permitting standards in
About
Taranis is an exploration company focused on the development of its 100%-owned Thor project in southeast
Taranis currently has 71,074,500 shares issued and outstanding (82,733,266 shares on a fully-diluted basis).
Per:
President and CEO
For further information contact:
---------------------------------------- |John J. Gardiner | | |681Conifer LaneEstes Park , Colorado| | |80517 | | |Phone: (303) 716-5922 | | |Cell: (720) 209-3049 | | |johnjgardiner@earthlink.net | | ----------------------------------------
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