Bekanntmachung • Mar 31
Taranis Resources Inc. announced that it has received CAD 0.23724 million in funding On March 30, 2026, Taranis Resources Inc. closed the transaction. The company issued 1,318,000 units at a price of CAD 0.18 for gross proceeds of CAD 237,240. Each unit consisting of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of CAD 0.25 until March 30, 2029. All of the shares issued pursuant to this private placement, including any shares that may be issued pursuant to the exercise of the warrants, are subject to a hold period in Canada until July 31, 2026. The company currently has 103,739,487 shares issued and outstanding (122,608,613 shares on a fully-diluted basis.) Bekanntmachung • Mar 11
Taranis Resources Inc. announced that it expects to receive CAD 0.252 million in funding Taranis Resources Inc. announced a non-brokered private placement to issue up to 1,400,000 units at a price of CAD 0.18 per Unit for gross proceeds of CAD 252,000 on March 10, 2026. Each Unit to consist of one common share and one non-transferable share purchase warrant, with each Warrant to entitle the holder to purchase one additional common share at a price of CAD 0.25 for a period of 36 months from closing. Board Change • Dec 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Aug 26
Taranis Resources Inc., Annual General Meeting, Nov 03, 2025 Taranis Resources Inc., Annual General Meeting, Nov 03, 2025. Location: british columbia, vancouver Canada Bekanntmachung • Jul 23
Taranis Resources Inc. announced that it has received CAD 0.373085 million in funding On July 22, 2025, Taranis Resources Inc. closed the transaction. The private placement consisted of the sale of a total of 2,072,693 units at a price of CAD 0.18 for gross proceeds of CAD 373,084.74. Each unit consisting of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of CAD 0.25 until July 21, 2027. All of the shares issued pursuant to this private placement, including any shares that may be issued pursuant to the exercise of the warrants, are subject to a hold period in Canada until November 22, 2025. An insider of the Company purchased a total of 572,000 units pursuant to the private placement. Bekanntmachung • Jun 21
Taranis Resources Inc. announced that it expects to receive CAD 0.54 million in funding Taranis Resources Inc. announces a non-brokered private placement to issue 3,000,000 units at a price of CAD 0.18 per unit for gross proceeds of CAD 540,000 on June 20, 2025. each Unit to consist of one common share and one non-transferable share purchase warrant, with each Warrant to entitle the holder to purchase one additional common share at a price of CAD 0.25 for a period of 24 months from closing. Finders’ fees or brokers’ commissions may be paid in accordance with TSX Venture Exchange policy. The Offering and the payment of any finders’ fees or brokers’ commissions are subject to TSX Venture Exchange acceptance. New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Shares are highly illiquid. Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$25.6m market cap, or US$18.5m). Board Change • Apr 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Jan 21
Taranis Resources Inc. (TSXV:TRO) completed the acquisition of 1,699.3 Hectares of Tenures in Trout Lake, British Columbia. Taranis Resources Inc. (TSXV:TRO) signed an agreement to acquire 1,699.3 Hectares of Tenures in Trout Lake, British Columbia for CAD 0.04 million on October 8, 2024.Taranis will acquire a 100% interest in 1,637.9 Hectares of Mineral Tenures and 61.4 Hectares of Placer Tenures adjoining and located east of the Thor, subject to the reservation to the vendor of a 1% NSR from commercial production from the Tenures.
Taranis Resources Inc. (TSXV:TRO) completed the acquisition of 1,699.3 Hectares of Tenures in Trout Lake, British Columbia on January 20, 2025. Bekanntmachung • Dec 04
Taranis Resources Inc. Engages Novus Engineering to Complete Engineering Work for Bulk Sample At Thor Taranis Resources Inc. is providing an update related to its 100%-owned Thor Ag/Au/Zn/Pb/Cu project located northeast of Trout Lake, British Columbia. The company has an outstanding Notice of Work permit to process 10,000 tonnes of minerals from the project in a Bulk Sample intended to accurize grade, crushing, and separation data. Taranis has engaged Novus Engineering Inc. of Vancouver, British Columbia to provide engineering and reclamation planning support for the preparation of final engineering and construction plans for the 10,000t Bulk Sample at Thor. Both Taranis and Novus will complete the final engineering studies prior to construction of the facility at Thor. A brief history of the Thor Bulk Sample is outlined below: On July 26, 2021, the British Columbia Ministry of Energy, Mines, and Low-Carbon Innovation provided Taranis with a final Mines Act Permit, approving the 10,000t Bulk Sample plan originally submitted by Taranis in 2018. The permit includes subsequent modifications and permit conditions agreed upon throughout negotiation between the Mine Development Review Committee, Taranis and its consultants, and various other stakeholders. On July 24, 2023, the Company received confirmation from EMLI that the permit expiration date was extended by two years. The new expiry date of the Bulk Sample permit is August 21, 2028. The permit extension was necessary to offset a delay introduced via review of flow-through tax credit eligibility for the project by the Canada Revenue Agency. On January 25, 2024, the CRA reversed a 2021 ruling that disallowed the use of Canadian Exploration Expenses ("CEE") treatment for permitting expenditures incurred in 2017 and 2018 related to the Bulk Sample. The ruling was made in response to Taranis' "Request for Loss Determination for the taxation years ended December 31, 2017, and December 31, 2018" which it filed on February 1, 2022. Taranis Resources is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia. Taranis has completed upwards of 250 drill holes, linking all previously known mines into a single, near-surface epithermal deposit that has been recently updated into an NI 43-101 Mineral Resource Estimate (see Taranis News Release dated April 11, 2024). In the summer of 2024, Taranis initiated deep drilling aimed at finding the source of the 2 km long epithermal deposit. This exploration uses modern geological models and uses state-of-the-art exploration tools including airborne magnetotellurics, magnetics and geochemistry. The Company's approach is that many of the historic mines in the area are underlain by comparatively large mineral deposits that do not outcrop at surface, and have the potential to become much larger deposits that can be mined using modern mining methods. Bekanntmachung • Nov 28
Taranis Resources Inc. Reports on Drill Testing of the South Magnetotelluric Conductive Tusk Target At Thor Taranis Resources Inc. provided an update on its Thor project located northeast of Trout Lake, British Columbia. South and North Tusks. An Expert Geophysics MT and Magnetic survey completed in June of 2022 identified two major conductive features that collectively form an elliptical feature under the Thor epithermal deposit. Although these two features (South and North Tusks) are not exposed at surface, the South Tusk comes closest to surface in the Broadview Mine area where the top of the feature is found 500m below the surface. One of the objectives of the 2024 deep drilling program was to test this conductive feature owing to its large size, and the possibility that it could contain precious and base metals. An initial drill hole (Thor-241) targeted on the South Tusk southeast of the Broadview Mine was lost at a depth of 105.5m, and a second drill hole was collared 60m uphill and was eventually drilled to a depth of 576m where it penetrated the top of the conductivity feature. Two subsequent short holes (Thor-244,105m, -450) and Thor-245, 141m, -900) were drilled from the same drill pad as Thor-242 in an attempt to validate the intersection in Thor-242, but both failed to duplicate the results. discussion of Hole Thor-242. Thor-242 intersected a succession of intercalated metasedimentary and volcaniclastic rocks throughout the drill hole. At the bottom of the drill hole (516.05-576.00m), the succession changes over into a black schist metasedimentary unit that is characterized by 'clasts' of pyrite up to 4 cm in size and white-colored altered fragments. This unit (like the metasediments and volcanics above it) has been subjected to intense folding and deformation. Three discrete rock units were quantitatively analyzed for Carbon (graphitic) and Calcite (CaCO3) systematically down the drill hole. Graphite is a conductive mineral and frequently is identified using geophysical methods that measure the conductivity/resistivity of the earth, and its presence particularly in the lower part of the Thor-242 explains the conductive South Tusk anomaly. Drill Hole Thor-242 did not contain appreciable amounts of quartz veining, and it did not contain elevated levels of precious or base metal mineralization in the lower parts of the drill hole in proximity to the South Tusk. Subsequent sampling of other drill holes east of Thor-242 for graphitic carbon in 2024 has shown that the formations under the epithermal deposit and east of the Ripper Fault are essentially devoid of graphitic carbon. The presence of such elevated levels of graphitic carbon in the South Tusk (and probably the North Tusk anomaly) are indicative of sedimentary rocks where organic matter has been converted into graphite by thermal metamorphism, and is a valuable alteration indicator that can be mapped using geophysical surveys that are able to identify elevated levels of conductivity. As such, the North and Sout Tusks are related to a large thermal alteration zone that underlies the Thor epithermal deposit. Bekanntmachung • Nov 02
Taranis Resources Inc Provides Update on Thor Project Located Northeast of Trout Lake, British Columbia Taranis Resources Inc. is providing an update on its Thor project located northeast of Trout Lake, British Columbia. Taranis has completed all of the field activities related to the 2024 exploration program at Thor. This exploration program had two main areas where exploration activities were focused, and these are discussed below. A total of ten drill holes were completed in the Deep Drilling program of 2024. One drill hole was lost due to caving (Thor-241), and two others (Thor-244 & 245) were short confirmation holes that tested an unexpected zone encountered in Thor-242. Of the seven drill holes that tested deep exploration targets below the epithermal deposit, the average depth was 501 m. Drill hole results are pending, and will be provided once the analytical results are received and analyzed. The following table summarizes the statistics from the 2024 Deep Drilling program: One main drilling access road was completed in the area south and east of the Broadview Mine, and this road was approximately 1,100 m in length. A considerable amount of analytical sampling was undertaken on the drill cores, and this included standard drill core sampling to assess mineralization and specialized sampling that included determinations of graphitic carbon, calcite, rare earth elements and major oxide geochemistry. Exploration continued in an area west of the Great Northern Zone where many high-grade boulders were discovered late in the 2023 field season. Systematic multi-channel Very Low Frequency ("VLF") and ground magnetic/gradiometer surveys were completed on a grid established in 2024 that covered this area. Soil sampling with a mechanized auger was completed on the grid and Induced Coupled Plasma ("ICP") trace element sampling was completed on the soil samples. Horton was severely impacted by the 2024 wildfire, and virtually all the trees and surface vegetation were destroyed. The burn allowed for unprecedented exposure of new outcrops in the area, and the discovery of many more high-grade boulders at surface (Boulder Sampling). The results of these surveys will be available once all of the analytical data has been received, and the data has been interpreted. A single drill hole (Thor-253, 109.12 m) was completed in vicinity of the Great Northern Zone where previous drilling had intersected three ‘stacked' mineralized zones. This drill hole will aid in the interpretation of the main epithermal deposit but is also expected to add information pertaining to the deep drilling conducted in 2024. Board Change • Oct 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Oct 09
Taranis Resources Inc. (TSXV:TRO) signed an agreement to acquire 1,699 Hectares of Mineral Tenures Adjoining Thor for CAD 0.04 million. Taranis Resources Inc. (TSXV:TRO) signed an agreement to acquire 1,699 Hectares of Mineral Tenures Adjoining Thor for CAD 0.04 million on October 8, 2024. Bekanntmachung • Aug 01
Taranis Resources Inc. Restarts Exploration Activities At Thor After Wildfire Taranis Resources Inc. is providing an update on the 2024 exploration program at Thor. A large wildfire that burned through the entire Thor epithermal deposit has subsided to a point where exploration activities can be reinitiated on a limited basis. The wildfire caused significant damage to trees and other vegetation in the area, and roughly 75% of the core part of the Thor epithermal deposit was burned. The Company anticipates that drilling activities will restart on July 30, 2024, once the areas where the drills are located are secured. The prime risk at this point is from falling trees, and to mitigate this concern an excavator was mobilized to the site to knock burned trees down and remove trees from some of the main access roads. Despite the ferocity of the wildfire, none of Taranis' core infrastructure was damaged onsite. The core library, exploration camp and bridges constructed last summer were unaffected. One exploration drill obtained fire damage, but repairs are almost complete, and it is expected to be up and running now. The B.C. wildfire service estimated the size of the burn six days ago at 596 Hectares. The affected area is being monitored daily by the government, and B.C. wildfire personnel have been extinguishing hotspots along the main access road to Thor. Taranis would like to thank the B.C. wildfire service for all its hard work monitoring and combating the fires in the Trout Lake area, and an Evacuation Alert remains in effect from July 23, 2024 that underscores the threat. Bekanntmachung • Jul 17
Taranis Resources Inc., Annual General Meeting, Sep 26, 2024 Taranis Resources Inc., Annual General Meeting, Sep 26, 2024. Location: british columbia, vancouver Canada Bekanntmachung • Jun 13
Taranis Resources Inc. Provides an Update on Its 2024 Exploration Program At Thor Taranis Resources Inc. provided update on its 2024 exploration program at Thor. Deep Drilling Program The Company has engaged Atlas Diamond Drilling to conduct drilling at Thor on several deep-seated drill targets. Atlas completed drilling in 2018 at Thor and is familiar with the terrain and project conditions. There are two primary targets that will be explored with deep drilling; both having the potential to discover large, bulk mineable deposits: Intrusive Target A large 1,300 m x 1,000 m diameter priapic-shaped magnetic-low capped by a magnetite-rich cupola. Limited outcropping related to the periphery of this feature in Broadview Creek show extensive epidote and chlorite alteration accompanied by banded magnetite and amphibole minerals. This unit is also characterized by potassium enrichment, and various feldspar minerals including plagioclase and orthoclase. Tusks Two conductive features approximately 3 km long each are spatially located around the Intrusive Target. The conductive Tusks do not outcrop at surface, and their geometric disposition suggests they are hypogene alteration related to the Intrusive Target, such as carbonate and sulfide mineralization. These conductive Tusks frequently exhibit bulges upwards into areas of high-grade mineralization such as at the Broadview Mine suggestive of a connection between the epithermal mineralization, the Tusks and also the intrusive Target. Bekanntmachung • May 03
Taranis Resources Inc. announced that it expects to receive $1.4 million in funding Taranis Resources Inc. announced a non-brokered private placement of up to 2,592,592 non-flow-through units at a price of $0.27 per unit for the gross proceeds of $700,000 and up to 2,333,333 flow-through units at a price of $0.30 per unit for the gross proceeds of $700,000 for an aggregate proceeds of $1,400,000 on May 2, 2024. Each NFT Unit will consist of one common share and one common share purchase warrant with each NFT Warrant to entitle the holder to purchase one additional common share at a price of $0.35 per share for a period of 24 months from closing. Each FT Unit will consist of one flow-through common share and one common share purchase warrant. Each FT Warrant will entitle the holder to purchase one additional common share at a price of $0.35 for a period of 24 months from closing. Finders’ fees or brokers’ commissions may be paid in accordance with TSX Venture Exchange policy. All securities issued as part of the Offering will be subject to a hold period in Canada of four months and one day from the closing of the Offering. The Offering and the payment of any finders’ fees or brokers’ commissions are subject to TSX Venture Exchange acceptance. Bekanntmachung • Mar 27
Taranis Resources Inc. Receives Notice of Work Permit to Undertake Deep Drilling At Thor Taranis Resources Inc. provided an update on its 100%-owned Thor Project located 8 km northeast of the town of Trout Lake, British Columbia. Taranis has received approval of its Notice of Work permit application that was filed in August 2022 (19 months ago). This happened after Taranis's legal counsel (McMillan LLP) initiated legal proceedings in the British Columbia Supreme Court. Board Change • Mar 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Feb 06
Taranis Resources Inc. Intersects 314.6 g/t Ageq over 7.19 m in Thunder Zone Taranis Resources Inc. reported on drill hole Thor-238 that was drilled in the Thunder Zone. Drilling has proven to be challenging in the Thunder Zone, due to the presence of a rockslide that conceals the exploration target. Thor-241 (53.64 m) was lost at the bottom of the landslide and abandoned. It is unknown what the connection is with the pyrite shell and the high-grade epithermal mineralization found in the Thunder Zone. Dr drilling in the Thunder Zone continued to intersect mineralization under a rockslide on the south side of Thor's Ridge. Thor-235 was completed between previously reported drill holes Thor-231 (221 g/t AgEq over 17.9 m - including 1,355 g/t AgEq Over 2.63 m), Thor-220 (551.2 g/t AgEq across 3.96 m) and Thor-235n (279.6 g/t AgEq under 2.86 m). Thor-238 primarily intersected silver and base metal mineralization. Bekanntmachung • Dec 20
Taranis Resources Inc. Reports Further Exploration Results from the Horton Prospect At Thor Taranis Resources Inc. provided further exploration results on the Horton exploration target at Thor. Exploration work in this area included further boulder sampling, stream sediment, and ground electromagnetic surveys. Additional Mineralized Boulders at Horton: Analytical results from surface prospecting found at Horton are shown in the table below. These float samples contain minor levels of pyrite, and several contain appreciable levels of silver and gold. Antimony, silver, gold, copper, lead and zinc accompany the samples with high precious metal content. Tetrahedrite can be identified in samples with high silver content. A series of eight stream sediments were taken from the area, and the easternmost two samples show elevated silver, gold, lead, zinc, copper and antimony. The western six samples are not anomalous and indicate the source of the boulder samples is confined to a small area. The anomalous stream sediment samples also overlap the mineralized boulder field. A Very Low Frequency ("VLF") electromagnetic survey shows several conductive anomalies within the Horton target that warrant investigation in 2024. A feature of geological interest that can be identified on both lidar and orthophoto images are two concentric circular features that have a close spatial relationship to the mineralized float samples. It is unknown why these circular features exist, but possible explanations include an underlying breccia pipe or buried intrusive feature. Bekanntmachung • Dec 05
Taranis Resources Inc. Reports on the First of Five Drill Holes That Are Completed in the Thunder Zone at Thor in 2023 Taranis Resources Inc. reported on the first of five drill holes that were completed in the Thunder Zone at Thor in 2023. Exploratory drilling sought to improve understanding of the unique breccia-type mineralization found in the Thunder Zone, and its relationship to an underlying conductive body found on an airborne Mag/MT survey. Drilling in the Thunder Zone has been confined to a depth of 180 m below surface, and the top to the conductivity feature is estimated to lie 300 m below the surface. Although testing of the deeper target was planned for 2023, ongoing delays associated with a Notice of Work permit precluded exploration of this important target. Drilling in the Thunder Zone continued to intersect mineralization under a rockslide on the south side of Thor's Ridge. Thor-235 was completed between previously reported drill holes Thor-231 (221 g/t AgEq over 17.9 m - including 1,355 g/t AgEq over 2.63 m) and Thor-220 (551.2 g/t AgEq over 3.96 m). Drilling in this area of the Thor deposit is difficult, and drill holes are commonly lost in the transition from rockslide to bedrock. The Thor-235 primarily intersected gold and zinc-related mineralization. Drill Hole Thor-74 was drilled in 2008 and targeted a positive magnetic anomaly that is adjacent to the Thor epithermal deposit. The drill hole failed to intersect any source responsible for the magnetic anomaly, and subsequent probing of the hole using a downhole magnetometer showed that Thor-74 passed directly over the source. Petrophysical testing of the core for this drill hole confirmed this interpretation, and a deeper drill hole will be required to identify the source of the anomaly. The anomaly is suspected to be related to a highly-altered mafic-volcanic unit (Jowett Formation) that is found along the main access road to Thor. Extensive petrology, geochemistry and hand-held spectrometer data has also indicated that this distinctive rock unit is potentially hornfels-related alteration peripheral to a deeper intrusive. In 2022, Taranis undertook a comprehensive hand-held NIR/SWIR spectrometry survey of the property. This study was aimed at characterizing rock and alteration minerals on the project. Summer of 2023, Taranis conducted X-Ray Diffraction ("XRD") studies on specimens from around the property in order to validate the mineralogical results of the 2022 hand-held spectrometry survey. The results of the XRD study are ongoing and will be reported in the near future. Thor geology is dominated by complexly folded meta-sedimentary rocks of the Sharon Creek and Broadview Formations, but within these rocks the original lithologies have been subject to various levels of hydrothermal alteration related to the precious and base metal emplacement. This alteration manifests itself in a number of ways, including differing colors, textures, and mineralogical changes. These are important to understand as they provide information that can be used to guide deep drilling to deeper intrusive targets. To gain better understanding of the alteration system at Thor, the Company also conducted an ultra-low level trace element study of the most common rock types found at Thor. Trace elements from each of the rock types were compared with samples from barren, unaltered sediments. This data shows, that apart from a large amount of sulphur (pyrite) being introduced into the host rocks at Thor around the epithermal deposit, there are a number of other trace elements that form a geochemical ‘cloud' around the epithermal deposit. These elements include rhenium, cadmium, selenium, lead, copper, zinc, and gold. One notable element missing is silver and it appears to be tightly confined to the epithermal deposit within the epithermal quartz veins. New Risk • Dec 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$11.8m (US$8.71m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$703k free cash flow). Shares are highly illiquid. Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.8m market cap, or US$8.71m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). New Risk • Nov 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$703k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$703k free cash flow). Shares are highly illiquid. Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (CA$18.9m market cap, or US$13.9m). Bekanntmachung • Nov 15
Taranis Resources Inc. Summarizes 2023 Field Exploration Program at Thor in Southeast British Columbia Taranis Resources Inc. announced that it is summarizing the events of the 2023 summer exploration season on its 100%-owned Thor project in Southeast British Columbia. In addition to the discovery of a boulder field containing high-grade silver and gold values far to the west of the known deposit Taranis added diamond drill holes in the Thunder Zone. Diamond Drilling: A total of 888m of diamond drilling was completed around the newly discovered epithermal Thunder Zone. This is a difficult area to explore because of steep topography and the presence of a thick paleo-rockslide obscuring all bedrock. One drill hole was lost in the rockslide due to caving. The results of the drilling will be disclosed as analytical data becomes available and is incorporated into the evolving geological model for the Thunder Zone. Investigation was focused on gaining further insight into the geometry of precious/base metal breccia-type mineralization and ascertaining its relationship to an underlying conductive feature (North Tusk). An apparent conductivity (AC) airborne EM feature evident on the Expert Geophysics magnetotelluric (EGMT) survey was also tested via drilling. A considerable amount of stratabound pyrite (2-10%) occurs within a thick succession of folded, black pelitic sedimentary rocks. Petrophysical testing of the drill core confirmed its conductive nature and identified it as the source of the AC anomaly. This rock/alteration unit requires close scrutiny because of its prominence in the EGMT airborne survey, forming several large AC anomalies in close proximity to the epithermal deposit. NI 43-101 Mineral Resource Update: P&E Mining Consultants conducted an onsite review of the project in August of 2023, and completed resampling of old drill holes to verify prior analytical work. Select intercepts were retrieved from drill core storage sites and were re-sampled during the course of the NI 43-101 audit. Drill hole databases were reviewed and cleaned-up, and the final Mineral Resource model will be updated once all the 2023 analytical data is received and integrated into the databases. As a result of exploration work undertaken in 2023, Taranis will also be updating the geological map of the property to include some of the recent geological insights. Infrastructure and Permitting: Two bridges that provide access to the northern part of the Thor deposit were upgraded to meet engineering design specifications. Taranis also completed further reclamation of prior surface disturbance (drill access roads), including recontouring of slopes. McElhanney (Engineering Consultants) were engaged to provide oversight of reclamation activities at Thor and conducted an introductory field review. Their work will include the documentation of prior reclamation work such that financial bonds for areas that have been reclaimed can be recovered. XRD Studies and Petrophysical Measurements: ALS Metallurgy completed XRD (X-Ray Diffraction) studies on drill core to gain greater insight into the mineralogical composition of host rocks. The results will be used to validate/compare results of a 2022 VIS/NIR spectrometry survey that mapped mineralogical alteration at Thor. XRD indicates the occurrence of the previously unidentified mineral paragonite at Thor which is a common alteration mineral in mineral deposits. Two drill holes showed widespread occurrence of albite, and these holes spatially are connected to resistivity anomalies identified in the EGMT survey. One of these holes (Thor-210) may have intersected a high-quartz granite, and the other (Thor-228) appears to have intersected an albite-rich granular hornfels peripheral to a larger resistivity feature that is likely intrusive. Petrophysical measurements of conductivity and magnetic susceptibility were completed on a variety of old drill holes and surface outcrops. This data will be compared with the airborne MT survey and will result in improved interpretation of the geophysical data. Geophysical Surveys: Three areas were surveyed with VLF grids on the property to gain further insight into important EG MT anomalies. One of these included the Horton Zone, where high-grade gold and silver mineralization was found in float at surface. The results and interpretation of these surveys is ongoing, but the high-grade mineralization appears to coincide with the airborne anomalies in a way which will enable easy exploration. Board Change • Oct 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Oct 18
Taranis Resources Inc. Files A Judicial Review Petition with the British Columbia Supreme Court Taranis Resources Inc. has filed a judicial review petition with the British Columbia Supreme Court, due to government's ongoing (14 month) delay in processing an exploration permit application under the B.C. Mines Act. The exploration permit application relates to Taranis's Thor project located south of Revelstoke B.C. The project has been the subject of prior exploration for 16 years, including more than 250 drill holes. It asks the court to: Order the Chief Permitting Officer or his delegate to make a decision on the application, Issue a declaration that Minister Osbourne's public statement that First Nations are "the rightful owners of the land", and her written reference to a First Nation imposed "moratorium", are contrary to law and must not guide the Chief Permitting Officer or his delegate. A date for the Court hearing has not yet been set. Board Change • Jul 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jul 26
Taranis Resources Inc. announced that it has received CAD 0.836 million in funding On July 24, 2023, Taranis Resources Inc. closed the transaction. The warrants are exercisable until July 24, 2026. The securities issued including any shares that may be issued pursuant to the exercise of the share purchase warrants and the shares issued in payment of the finder's fee, are subject to a hold period in Canada until November 25, 2023.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 9 placees. Board Change • Jun 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 09
Taranis Resources Inc. announced that it expects to receive CAD 0.836 million in funding Taranis Resources Inc. announced a non-brokered private placement, to consist of the sale of up to 7,600,000 units at a price of CAD 0.11 per unit, to raise gross proceeds of up to CAD 836,000 on June 8, 2023. Each unit will consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of CAD 0.15 for a period of three years from closing. The transaction is subject to regulatory acceptance. All securities issued pursuant to the offering, including any shares that may be issued pursuant to the exercise of the share purchase warrants, will be subject to a hold period in Canada of four months plus one day from closing. Bekanntmachung • May 27
Taranis Resources Inc., Annual General Meeting, Aug 01, 2023 Taranis Resources Inc., Annual General Meeting, Aug 01, 2023. Board Change • May 03
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 16
Taranis Resources Inc. Outlines 2023 Exploration Plans Including Deep Drilling of Porphyry Target Taranis Resources Inc. is developing an exploration plan for its 100%-owned Thor project in British Columbia for 2023. Taranis has compiled substantial evidence that the 2.2 km long epithermaldeposit is the uppermost expression of mineralization of a deep underlying porphyry deposit. Testing this theory will require significantly deeper drilling than was necessary to define the epithermal resource.However, the large size and low cost of production inherent to porphyry mineralization could conceivably increase the Mineral Resource significantly. The combination of near-surface high-grade mineralizationand deep, consistent hypogene mineralization would make Thor an important mining asset in British Columbia. Taranis has carefully examined the nearby Max porphyry molybdenum deposit (8 km SW) as it exploresThor, in order to contextualize and interpret the vein-type Ag/Au/Pb/Zn/Cu epithermal mineralization at Thor. Previous descriptions of the Max mine show that the porphyry is entirely hosted withinmetasedimentary rocks, and it is associated with minor peripheral epithermal type veins that contain silver, lead and zinc. Third-party publicly available research has shown that the epithermal-type veins peripheralto Max were formed by the intrusive. Taranis believes that the Thor epithermal deposit is a direct analogy to this situation, and that the comparatively massive epithermal deposit occurs in close proximity to aconcealed intrusive body. Taranis has developed a robust data management and interpretation plan to review the considerable amount of data from the 2022 exploration program. In addition to this it has filed a Notice of Work application with the British Columbia Ministry of Energy, Mines and Low Carbon Innovation ("EMLI") to build access roads to deep drill sites, which is currently out for consultation. Bekanntmachung • Jan 20
Taranis Resources Inc. Reports on a New Type of Mineralization At Its 100%-Owned Thor Project and Is the Most Northern Intercept to Date on the 2.1 Km Long Epithermal Thor Deposit Taranis Resources Inc. reported on a new type of mineralization at its 100%-owned Thor project and is the most northern intercept to date on the 2.1 km long epithermal Thor deposit. Near the very top of Thor's Ridge quartz-sulphide breccia that hosts quartz, sphalerite, pyrite, tetrahedrite, galena and chalcopyrite was found under a rockslide in drill hole Thor-231. Up to 3.8% copper and 12.1% zinc make it among the highest-grade intercepts found at Thor. In contrast to typical vein-hosted epithermal-type mineralization at Thor, the hole also hosts widespread low-grade mineralization which is believed to the source of an airborne magnetotelluric anomaly that trends east-west. There are also numerous volcanic dykes in the drill hole which indicate it may have a connection to a previously identified intrusive target called Jumbo. The Thor-231 intercept connects with previous intercepts in the Thunder Zone on the south side of Thor's Ridge and has now outlined a previously unknown part of the deposit that is 350m in length. Drilling conditions in this area is extremely difficult owing to the presence of the rockslide, and the success rate of drilling into bedrock is less than 50%. Thor-231 was drilled near the top of Thor's Ridge uphill from the 2021 and 2022 drill holes that intersected the Thunder Zone. Six meters below the base of the rockslide, the Thor-231 intersected a wide zone of low- grade mineralization within black carbonaceous schist with volcanic/dyke intercalations, 6% fine-grained pyrite and 20% quartz veining. Thor-230 was drilled 40 m to the east of drill hole Thor-231. This drill hole intersected a wide zone of alteration and two deep, thin intercepts. Bekanntmachung • Jan 10
Taranis Resources Inc. Identifies Two Concealed Intrusive Targets At Its 100%-Owned Thor Project in British Columbia Taranis Resources Inc. has identified two concealed intrusive targets at its 100%-owned Thor project in British Columbia. The Company has used an inclusive modeling strategy which merges the variegated data produced by each of the exploration methodologies to pinpoint the most likely location of a mineralized intrusive responsible for the known near-surface mineralization. The results indicate that the pursuit of Taranis' linked-porphyryepithermal model is a well-founded avenue of exploring the mineral resource at Thor. Methods applied to the target delineation include airborne and ground geophysics, VIS/SWIR/NIR spectrometry, petrology, geochemistry, historical drilling, surface mapping and LiDAR terrain mapping. Unlike most porphyry-type terrains in British Columbia, the Thor project area is dominated by metasedimentary and mafic volcanic rocks at surface. The much younger epithermal mineral deposit and targeted porphyry system appears to be hidden below the surface. Despite this, there are surface indicationsthat it may sub-crop as evidenced by the 2022 discovery of a monzodiorite boulder field at the Broadview Mine area. The monzodiorite rocks found at Broadview have rare-earth element ("REE") and compositions similar to the 61 million year old Max intrusive located 8 km to the southwest of Thor. Recently completed petrography, field VIS/NIR/SWIR spectrometry and airborne geophysics have documented extensive alteration outside of the Thor epithermal deposit, and provide compelling evidence that alteration is related to a much larger underlying porphyry system. On the southeast margin of Jumbo, mafic volcanic rocks of the Jowett Formation come into contact with Jumbo below the surface. Where the Jowett Formation does outcrop nearly 1 km away from the intrusive/mafic volcanic contact, the mafic volcanic rocks are highly-altered and include pervasive epidote,chlorite, K-feldspar, amphiboles and magnetite alteration characteristic of typical B.C. porphyry systems hosted in volcanic rocks. An area called Magic Carpet overlies the area where the Jowett Formation intersects Jumbo at least several hundred meters below the surface, and it is noteworthy that in this area the rocks in the overlying Broadview Formation are extremely altered and contain the single largest cluster of the mineral scheelite (tungsten) at Thor. Scheelite is almost always found associated with intrusive bodies and is found at the Max Mine. Also in this area, previous drilling intersected at least three different mineralized horizons in the epithermal deposit within the Broadview Formation suggesting the underlyingcontact between the Jowett Formation and Jumbo may host a large contact-type deposit. Bekanntmachung • Dec 22
Taranis Resources Inc. Reviews Further Exploration Results from the 2022 Field Season At Its 100%-Owned Thor Deposit Located in British Columbia Taranis Resources Inc. has reviewed further exploration results from the 2022 field season at its 100%-owned Thor deposit located in British Columbia. This News Release pertains to Broadview South, which hosts several interesting geophysical anomalies that occur in close proximity to areas of known mineralization; Broadview South is the first of three important areas which will be discussed in upcoming News Releases. Broadview South: Broadview South is located at the southeast terminus of the 2.5 km long Thor epithermal deposit and includes a blind conductive geophysical feature called the South Tusk, which was previously identified via airborne magnetotelluric survey. The South Tusk is a subsurface conductivity high that trends northwesterly through the Broadview Mine area. The depth of this feature is approximately 500 m below surface; it is a feature of great interest to Taranis because of its proximity and connection to the Broadview deposit. The company conducted exploration work in this area in the summer of 2022, including magnetic and VLF surveying, NIR/SWIR scans, geological mapping, and petrology/geochemistry studies. Bekanntmachung • Nov 29
Taranis Samples Bonanza-Grade Gold and Silver in Fault At Thor Connecting Megagossan, SIF and Gold Pit Zones Taranis Resources Inc. is reporting the first of many exploration results from the 2022 field season at its 100%-owned Thor deposit located in British Columbia. These results are from a newly-discovered area that borders the west side of the Thor epithermal deposit between Gold Pit and the SIF Zone. Ripper Fault: Bonanza-grade mineralization was exposed in a fault ("Ripper Fault") that has near-vertical geometry in contrast to the Thor epithermal deposit that dips moderately to ENE. The importance of this structure is highlighted because all of the known epithermal mineralization at Thor is truncated along this structure, and that host rocks prospective for epither mal mineralization on the WSW side of the fault have been down- dropped. The Ripper Fault has visibly offset the existing Great Northern lode, and the west side of the Ripper Fault has been down-dropped. There is a stunning picture of this on the Company's website, and it has important implications for a new target previously discussed called "Western Deeps". The Ripper Fault also connects four areas of known mineralization. These are from southeast to northwest, Gold Pit, New Zone, SIF and Megagossan. Gold Pit, SIF and Megagossan occur within a geological structure called the Ripper Fault that postdates the emplacement of the known epithermal gold zones at Thor but appears to be an important host of bonanza- grade mineralization. The Ripper Fault is visible as a subtle, yet prevalent magnetic feature that was identified in the May 2022 Expert Geophysics airborne survey. This aeromagnetic feature is 3.2 km in length and characterized by a knife-edge feature that crosscuts the NW-trending Silver Cup Anticline. Previously, Taranis has released channel sampling results from both Gold Pit (News Release dated January 14/2015 and November 14/2017), and results from a 600 tonne bulk sample of SIF on a November 20/2018 News Release. Highlights from the Gold Pit Zone included 26.6 g/t Au, 1,245.7 g/t Ag, 3.08% Pb, 4.32% Zn and 0.55% Cu over 1.53 m true thickness, and 52.4 g/t Au, 1,541.8 g/t Ag, 1.39% Pb 0.08% Zn over 2.04 m true thickness. The SIF Zone (discovered by Taranis in 2013) is considered a unique part of the Thor deposit owing to its mainly "gold-only' metallogeny, and the Company refers to this as a `monometallic' part of the Mineral Resource. Gold at SIF is extremely nuggety and can only be characterized with large statistically-meaningful samples and prompted the Company to undertake a small bulk sample on the zone in 2018 to accurately measure the gold content of the zone. A 600 tonne sample yielded a grade of 6.5 g/t gold, yet only contained trace amounts of silver and base metals. There is increasing evidence to support the concept that this mineralization is distinct from the main polymetallic mineral resource at Thor. Taranis completed further surface sampling on Megagossan Zone in 2022, and results of this will be disclosed in an upcoming News Release. Previously conducted mapping and sampling at Thor on the Gold Pit made Taranis aware of the possibility that the Thor epithermal deposit was truncated by a fault on the west-side of the existing deposit. Additional work in 2022 north of this area uncovered a new exposure that has proven that a fault truncates the deposit on the west side. The 2022 sampling, and previous channel and bulk sampling at Gold Pit and SIF, have conclusively demonstrated that the Ripper Fault is also mineralized and contains bonanza-grade gold and silver mineralization. This a common feature of high-grade epithermal gold/silver deposits. The identification of the Ripper Fault has highlighted the importance of an area called Western Deeps, where the Company suspects that the Thor epithermal deposit has been down-faulted. An expert Geophysics Magnetotelluric survey has identified a number of conductive anomalies in an area west of the fault that are potential bulk-mineable epithermal targets. Taranis completed a number of surveys in this area, and results are expected to shed further insight into this important area. In addition, the results from the 2022 sampling indicate that other metals such as antimony are possibly valuable companion metals in the epithermal Mineral Resource but have not yet undergone detailed investigation, and do not constitute a part of the mineral Resource. Taranis has not systematically analyzed the polymetallic Mineral Resource at Thor for antimony, indium, or any other strategic `companion' metals, and this is the purpose for permitting and undertaking a 10,000t bulk sample at Thor. It is impossible to conduct any Mineral Resource updates on the project without a full understanding of the `companion' metals that constitute the Mineral Resource. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Nov 03
Taranis Finds Extensive Magnetite-Copper Bearing Hornfels Underlying the Thor Epithermal Deposit, Outlines 2022 Exploration Activity Taranis Resources Inc. has completed its 2022 exploration program at Thor and is highlighting some of the important exploration findings that will be used to conduct deep exploration drilling scheduled to commence in 2023 to locate a porphyry-type intrusive responsible for the epithermal deposit. The topography at Thor exposes a vertical cross-section through an epithermal deposit from 2,000 m to 1,400 m above sea level (ASL) including the underlying hydrothermal `plumbing' system responsible for the epithermal deposit. Taranis believes that the existing Ag-Au-Zn-Pb-Cu (Sb, In) deposit is underlain by an intrusive body, including a documented hornfels (contact metamorphic aureole) discovered in 2022 that is visibly mineralized with chalcopyrite. Taranis divided its 2022 exploration activities into six main tasks, most of which were focused on exploring peripheral features to the known epithermal deposit that has been cored with over 250 exploration holes by Taranis. Follow-up of the May 2022 Expert Geophysics MT/Mag survey including completing ground magnetic, electromagnetic and resistivity surveys on the Broadview South, Western Deeps and Thunder North apparent conductivity anomalies. Over 1,500 outcrop and drill core measurements using a Near Infrared and Short Wave Infrared ("NIR-SWIR") field portable spectrometer that has documented alteration mineralogy associated with epithermal and porphyry-style mineralization. The interpretation of this data is ongoing, but it has already identified distinct minerals typically associated with a contact metamorphism. Continued core drilling on the Thunder Zone which has expanded mineralization to the north of the Thor epithermal deposit under a large rockslide that conceals the Thor epithermal deposit under Thor's Ridge. A total of seven drill holes were completed totaling 844 m. Petrographic and geochemical analytical work undertaken to document the transition from epithermal to porphyry-style mineralization including oxygen and carbon isotope characterization of alteration associated with the deposit, and U/Pb age dating of newly identified intrusive rocks. Further exploration of the feature called FeNiCo (Megagossan) north of the Thor epithermal deposit that is underlain by a large conducting anomaly, that contains high levels of nickel and cobalt. Filing a Permit Application for a 5-year exploration program in August 2022 with the Ministry of Energy, Mines and Low Carbon Innovation that is designed to explore deep drill targets at Thor at the FeNiCo, Western Deeps, Broadview South, Thunder North, and Elephant (intrusive) exploration targets. The 2022 Exploration program at Thor marked a pivot for Taranis where it transitioned to the drilling of the intrusive/hornfels target which underlies the Thor epithermal deposit. Although the epithermal deposit remains open in at least two areas and requires additional drilling, Taranis is now focusing most of its attention to the substantive intrusive/hornfels targets for which it has found ample evidence. Three very important geological observations were noted in 2022:The prevailing structure at Thor is the Silver Cup Anticline which has folded all of the sedimentary sequence into a NW-Striking anticline. The Thor epithermal deposit and the underlying magnetite-copper bearing hornfels (hedenbergite-amphibole) unit is related to a much younger structural-intrusive event that transects the Silver Cup Anticline. The Thor property almost certainly preserves an intact epithermal/hornfels/porphyry system. In contrast, the Max porphyry molybdenum deposit located 8 km to the southwest appears to preserve only the (lower) porphyry part of a similar deposit type, and only remnants of the epithermal deposit remain. The entire Max deposit occurs below 1,400 m ASL. Throughout the Silver Cup Mining District, all of the epithermal deposits occur in a similar elevation range suggesting the deposits are relatively young and have discrete vertical zonation. The presence of hedenbergite-dominated hornfels below the deposit and general lack of garnet are indicative of the siliclastic sedimentary rocks that host the Thor deposit that lack substantial carbonate rocks present in skarn deposits but are strongly suggestive of a nearby diorite-granodiorite intrusive body. Results of the 2022 exploration program will be announced in future News Releases as the data/information become available. Bekanntmachung • Oct 15
Taranis Resources Inc., Annual General Meeting, Dec 20, 2022 Taranis Resources Inc., Annual General Meeting, Dec 20, 2022. Bekanntmachung • Sep 10
Taranis Resources Inc. announced that it has received CAD 0.025 million in funding On September 9, 2022, Taranis Resources Inc. closed the transaction. The company issued 125,000 flow-through units for gross proceeds of CAD 25,000 in the transaction. Bekanntmachung • Sep 01
Taranis Resources Inc. Submits Five Year Exploration Permit Application to Explore Deep Targets at Thor and Finds "New Zone" Monometallic Occurrence Taranis Resources Inc. updated shareholders of activities on its 100%-owned "Thor" Silver-Zinc-Gold-Lead-Copper polymetallic project in southeastern British Columbia. Submission of Multi-Year, Area Based Exploration Permit: Taranis has submitted a five-year, area-based exploration plan to the British Columbia Ministry of Energy, Mines and Low Carbon Innovation ("EMLI"). Pursuant to an announcement made by EMLI in mid-August 2022, EMLI will be transitioning to a batch system of processing MYAB applications, which will only screen applications at the start of every month. The exploration program includes exploration targets peripheral to the main Thor deposit; namely theElephant, Thunder Zone, Megagossan, Western Deeps and Broadview South Targets. The targets have been derived from the airborne magnetotelluric/magnetic airborne survey that was completed in early May 2022, and recent geological field investigations. "New Zone" Exposure: Taranis has successfully located an area prospected by Columbia Metals in the early 1970's that exposed high-grade gold and minor base metal mineralization and which was referred to as the "New Zone". This area had gold values (historic) of up to 0.30 Oz/ton that have not been verified by Taranis, although the mineralization style appears to be consistent with the nearby "SIF" zone. The "New Zone" is exposed 376 m south-southeast of the high-grade SIF zone, and is also dominated by quartz, extensive vugging and minor pyrite. The "New Zone" appears to be another occurrence of the monometallic type of Mineral Resource at Thor, unlike the polymetallic material that constitutes the entire NI 43-101 Mineral Resource (2013). In 2018, Taranis took a 600-tonne sample of the monometallic SIF zone that returned an average grade of 6.5 g/t gold. Bekanntmachung • Aug 13
Taranis Resources Inc. Launches Drilling and Surface Exploration Campaigns on its 100%-Owned "Thor" Silver-Zinc-Gold-Lead-Copper Polymetallic Project in Southeastern British Columbia Taranis Resources Inc. has launched drilling and surface exploration campaigns on its 100%-owned "Thor" Silver-Zinc-Gold-Lead-Copper polymetallic project in southeastern British Columbia. Three Major Conductivity Trends The airborne MT survey identified three major WNW-trending conductive features that emanate from the west side of the NW-striking Elephant intrusive target, and are known as the Broadview South, Western Deeps, and Thunder North targets. The reason for the elevated conductivity of these features is unknown, but their spatial configuration suggests they are associated with large faults/intrusions that may host significant concentrations of precious and base metals. Taranis is nearing completion of its field investigation on the Broadview South Conductivity Target, and some of the field results are discussed below. Broadview South Conductivity Target Line cutting, magnetometer and Very Low Frequency surveys have been completed over the Broadview South Conductivity feature. The results of this survey were able to identify deposits in/around the main Broadview Mine, but the VLF survey has also identified a strong bedrock conductor to the south of the Broadview Mine that was previously unknown. This conductor is faulted off from the main Broadview Shaft area along a high-angle post mineral fault to the southwest 65 m. The NNW-striking conductor then continues to the SE for at least 400 m where it merges onto the NW-striking Broadview South MT anomaly. This area is of extreme interest to Taranis because it appears to mark the transition from the prospective Elephant Intrusive into the well-known Thor epithermal deposit. Geologic Mapping and Prospecting One of the most distinctive characteristics of the Broadview South Area is a number of small hills in the area that are underlain by weak magnetic anomalies. Contact metamorphic alteration has been identified in the siliclastic rocks and consists of widespread hornfelsing including porphyroblasts of a mineral tentatively identified as cordierite. This distinctive rock unit is referred to as `pebble dykes' in the field by Taranis as they consist of quartz and cordierite eyes and is believed to be related to high-temperature contact metamorphic alteration of the Broadview Formation. Taranis has also identified a small boulder field of `granitoid' rocks but has been unable to locate the source of the boulders. Prospecting efforts are ongoing to locate the bedrock source of the float as this would constitute definitive evidence for an underlying intrusive at Thor. The granitoid rocks contain many similarities to the epithermal deposit including pronounced epidote alteration, including sphalerite that suggest a causal link to the epithermal deposit. Bekanntmachung • Jul 22
Taranis Begins Drilling at Thor and Initiates Detailed Investigation of Airborne Targets, Including Alteration Mapping Related to Porphyry Target Taranis Resources Inc. has launched drilling and surface exploration campaigns on its 100%-owned “Thor” Silver-Zinc-Gold-Lead-Copper polymetallic project in southeastern British Columbia. Several holes have been planned to expand on the Thunder Zone discovery made in 2021. The Thunder Zone is the northwestern extension of the epithermal deposit, and remains open to further definition drilling along strike. In addition to drilling the Thunder Zone, Taranis will conduct detailed geophysics and soil sampling around three major conductivity trends established by the airborne geophysical survey in preparation for permitting and drilling. The Company’s exploration strategy is twofold: to deepen the geological understanding of the known epithermal Mineral Resource and increase its size; furthermore, Taranis will conduct detailed investigations of the epithermal deposit’s underlying intrusive source – including documenting alteration haloes, and peripheral conductivity trends - to generate new exploration targets. One of the telltale signatures of a porphyry deposit is the presence of a magnetic anomaly which transects the regional structural host rocks. The five historic mines and distinctive vein-style mineralization at Thor are hosted within the Silver Cup Anticline – but the airborne MT survey, which included mag, identified a large and highly magnetic body (referred to as the “Elephant” or “Elephant’s Body”) that crosscuts obliquely across the Silver Cup Anticline. The magnetic body also has a close spatial association with the known epithermal mineral deposits. Magnetite is a common component of porphyry copper deposits in British Columbia – particularly within potassic alteration zones, which are intimately associated with porphyry bodies. Bekanntmachung • Jun 29
Taranis Resources Inc. announced that it expects to receive CAD 0.4 million in funding Taranis Resources Inc. announced a non-brokered private placement consist of up to 2,000,000 flow-through units at a price of CAD 0.20 per flow-through unit for gross proceeds of up to CAD 400,000 on June 28, 2022. Each flow-through unit consist of one flow-through common share and one share purchase warrant, with each warrant to entitle the holder to purchase one non-flow-through common share at a price of CAD 0.20 for a period of two years from closing. All securities issued pursuant to the private placement, including any shares that may be issued pursuant to the exercise of the share purchase warrants, will be subject to a hold period in Canada of four months plus one day from closing. The transaction is subject to regulatory acceptance. Bekanntmachung • Jun 28
Taranis Resources Inc. announced that it has received CAD 0.325 million in funding On June 27, 2022, Taranis Resources Inc. closed the transaction. Bekanntmachung • Jun 08
Taranis Resources Inc. announced that it expects to receive CAD 0.325 million in funding Taranis Resources Inc. announced a non-brokered private placement to issue up to 3,250,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 325,000 on June 7, 2022. Each unit consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase one additional common share at a price of CAD 0.20 for a period of two years from closing. The transaction is subject to regulatory acceptance. All securities issued pursuant to the private placement, including any shares that may be issued pursuant to the exercise of the share purchase warrants, will be subject to a hold period in Canada of four months plus one day from closing. Bekanntmachung • Jun 02
Airborne Geophysical Survey Highlights Elephant Intrusive Taranis Resources Inc. provided an update on its 100%-owned "Thor" precious-base metal deposit, which was recently surveyed using airborne magnetics, very low frequency ("VLF") electromagnetics, and magnetotellurics. MT and magnetic data have been modeled and merged with previous data sets. Analysis of the geophysical data is ongoing, but review of the data has yielded several highly prospective exploration targets. The geology of the immediate Thor Mineral Resource is dominated by two geological features. The first is referred to as the "Elephant", which is interpreted to be a central buried intrusive body, and which is clearly visible on MT and magnetic surveys. The second geological feature is a broad wishbone-shaped area of high conductivity that forms a `donut' around the Elephant. This is interpreted to be thermal alteration directly related to the Elephant. The existing Thor epithermal deposit lies on top of and west of the Elephant, enclosed with the Wishbone. It is important to note that the Elephant, Wishbone and Thor epithermal deposit crosscut the dominant structural fabric (west-northwesterly) in a north-northwest trend, one of the quintessential hallmarks of an epithermal-porphyry type mineral district. The Elephant underlies the Thor epithermal deposit and has been postulated to be the source of the precious and base metal epithermal mineralization. Despite being such a major geological feature, this feature has never been drilled; although several holes have documented expansive sericitic alteration around the feature consistent with phyllic alteration found around porphyry-type deposits (Thor-74). The Elephant is not exposed at surface, but modeling of the MT and magnetics show that the intrusive body rises to connect with the epithermal systems at the terminus of the Elephant. The body is a composite resistivity and magnetic feature and has obvious zonation. Taranis interprets this spatial relationship to mean that the Elephant was the source of precious and base metals found in the Thor epithermal deposit, and that the epithermal deposit potentially overlies a deeper, mineralized porphyry body. The airborne survey has also identified a 3km-by-3km annulus of elevated conductivity that surrounds the Elephant and which is consistent with a large zone of thermal alteration. The Wishbone has two distinct arms that extend to the northwest from the Elephant, and merge underneath the Megagossan. This feature is at least in part attributed to carbonization and pyritization of the Sharon Creek Formation, but conductive areas also extend upward into the Broadview and Thunder Zone parts of the Thor epithermal deposit, suggesting that the Wishbone also plays an important role in the formation of the epithermal deposits at Thor. The Wishbone may in fact be host to large, disseminated type sulfide deposits that could also host precious and base metal mineralization. Taranis has routinely used ground VLF surveys in exploration of the Thor epithermal deposit, but until now has lacked complete coverage over the property due to the rugged terrain. The Expert Geophysics VLF survey has expanded the prospective length of the epithermal deposit at Thor to upwards of 4 km in strike length. The airborne survey identified a conductive feature extending northwest of the Thunder Zone under Thor's Ridge and also outlined a conductive target south of the Broadview Mine that has never been explored. Board Change • May 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Apr 13
Taranis Resources Inc. Provides an Exploration Planning Update on Its 100%-Owned Thor Precious-Base Metal Deposit Located Near Trout Lake, British Columbia Taranis Resources Inc. provided an exploration planning update on its 100%-owned Thor precious-base metal deposit located near Trout Lake, British Columbia. The Company continues its analysis of past exploration data within a new linked porphyry-epithermal model framework. The new approach has already led to the discovery of a seventh epithermal zone at Thor in 2022 - the Thunder Zone. Three previously unexplored areas which are likely to host significant epithermal zones at Thor bring the total possible number of discrete epithermal bodies at Thor to ten or more. The new targets are expected to host large areas of epithermal mineralization related to a central buried intrusive feature that is the focus of a separate exploration effort. A map showing the location of these newly identified areas relative to the existing targets is shown on the Company's website. The airborne geophysical survey planned for early May 2022 is capable of more accurately defining both epithermal and porphyry targets than is otherwise possible using ground geophysics. The airborne geophysical survey will cover over 3 times the area covered by ground geophysics with a depth of penetration approximately 10 times the existing VLF-EM geophysical database. Airborne survey data will simplify drill targeting and enable a new phase of rapid resource growth. Overview of New Epithermal Targets: Taranis' models incorporate data from 250 exploration holes drilled on the known epithermal zones at Thor (including the Broadview, Great Northern, True Fissure, Blue Bell and Thunder Zones). These epithermal zones contribute to a strike length of over 2 km of continuous mineralization along the surface. Total strike length of epithermal mineralization at surface with the new targets could be upwards of 3.3 km. These targets are discussed in detail below. SIF-North (Including Thunder Zone): The 2021 discovery of the Thunder Zone on the south side of Thor's Ridge opens the possibility of substantially increasing the length of the Thor deposit to the northwest. Both the Thunder Zone and a previously known but isolated gold occurrence called SIF-North sit on the northeast limb the Silver Cup Anticline, within the cross-cutting Thor Fault Zone. The northeast limb of the Silver Cup Anticline preserves older rocks of the Sharon Creek Formation (carbonaceous phyllite), and younger lithocap rocks of the Jowett and Broadview Formation (volcanics and greywacke). The contact between these rock units hosts all other known epithermal mineralization at Thor. Previous exploration has recorded numerous gossans on the north side of Thor's Ridge, sourced from this contact. The gossans are almost certainly derived from leached sulphide minerals and have been observed at surface up to 1 km north-northwest of the known mineralized areas within the Thor epithermal trend. SIF North is a boulder field of gold-bearing quartz float on the north side of Thor's Ridge, discovered by Taranis in 2013. The bedrock source of the mineralization has never been located. Based on Taranis' discovery of a large rockslide concealing the Thunder Zone, it now appears that a rockslide also conceals the bedrock source of SIF North mineralization. The extent of topography-related disturbances on both sides of Thor's Ridge renders surface prospecting highly unreliable, and the upcoming airborne geophysical survey will be extremely valuable for continued exploration to expand the epithermal trend through this area. The SIF North occurrence almost certainly connects to the Thunder Zone located 900 m to the southeast. Western Deeps - A major NNW-trending fault truncates at least five of the epithermal deposits at Thor (44 Upper/Lower, Great Northern Upper, Great Northern Lower and the True Fissure lodes). This fault dips steeply to the WSW, and is exposed in cross-section at the Gold Pit occurrence. At Gold Pit, a high-grade `knocker' of the Great Northern deposit has been incorporated into the fault, and also translated into the plane of the fault. To the west of the fault, the epithermal zones have been down-dropped, and for this reason they have not yet been discovered. There is also a very extensive gold and silver anomaly in soil samples that originates from under Broadview Formation lithocap rocks, and is indicative of concealed mineralization in this area. The presence of lithocap rocks at surface west of the fault confirms that the receptive Sharon Creek/Broadview Formation is present at depth. There is ample evidence to suggest that this part of the Thor deposit hosts extremely high-grade gold and silver values distal to the Intrusive Target located 800 m to the southeast. Broadview South: Review of EM-37 data has identified several deeply concealed EM conductors below the surface, occurring over a strike length of more than 300 m within argillic-altered rocks of the Jowett Formation. The now well-established staircase model at Thor suggests that a previously unknown epithermal deposit exists in the footwall of the Broadview Zone, and does not outcrop at surface. FeNiCo Mega-Gossan, High-Grade Nickel and Cobalt Discovered in Previous Soil Sampling One of the most spectacular geological features on the Thor Project is an iron gossan 900 m northwest of the existing Thor epithermal deposit. The gossan has returned ore-grade nickel and cobalt mineralization in soil samples (N=66) completed in 2013. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 01
Taranis Resources Inc. to Complete Airborne MAG & EM Surveys At Thor Taranis Resources Inc. informed its shareholders on activities at its Thor Project in British Columbia. Taranis has engaged Expert Geophysics of Newmarket, Ontario to complete helicopter airborne Mag/EM surveys on its 100%-owned Thor property. The primary objective of the survey is to map a large, buried magnetic body that occurs on the east side of the Thor deposit. Based on analogies with the world-famous Lepanto Cu-Au deposit, this geophysical feature is a prospective buried intrusive, and potentially the source of metals in the overlying Thor epithermal deposit. At Lepanto, this porphyry body contains most of the metals in the linked porphyry-epithermal deposit and was discovered in 1993 after four centuries of mining the epithermal part of the deposit. Exploration activities at Thor were overseen by John Gardiner (P. Geol.) who is a Qualified Person under the meaning of Canadian National Instrument 43-101. Board Change • Oct 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Richard McCloskey was the last independent director to join the board, commencing their role in 2002. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 17
Taranis Resources Inc. Provides Update on the Thor Project in Southeastern British Columbia Taranis Resources Inc. announced that it is providing an update on the Thor Project in Southeastern British Columbia. Taranis will mobilize a core drill to the Thor property in preparation to undertake further exploration at Thor this summer. Two high-impact exploration targets are the focus of what could expand the deposit. Taranis completed construction of a road to the Ridge Target, on the south side of Thor's Ridge. A total of six drill holes drilled from two sites are planned totaling 1,200 m. These holes will test the Ridge Zone that is exposed in outcrop and previous drilling (Thor-101,104 & 110). There are several EM-37 conductors, one of which is associated with anomalous levels of antimony, zinc, and silver found in an area of jarosite alteration. Detailed description of the proposed drilling. Taranis has also done considerable preparatory work in an area that hosts two magnetic anomalies that occur downdip of the Great Northern and Broadview mine area. This geophysical feature is seen as a potential source for the epithermal mineralization at Thor. The magnetic body appears to have been dissected into two parts by an east-west trending fault that occurs under Broadview Creek. The smaller northern magnetic anomaly is displaced 330 m to the west along the north side of Broadview Creek. The larger body south of Broadview Creek is about 500 m long in a north- south direction and 250 m wide in an east west direction. The source of the magnetic anomalies has never been identified, and several drill holes in this area (Thor-74 and Thor-121) that were surveyed using a downhole magnetic tool verified the presence of the off-hole anomaly. Petrology and other geological sampling has shown contact metamorphic rocks exposed at surface, as well as mineralized intrusive dyke material that corroborate the interpretation of a blind intrusive body. Bekanntmachung • Jun 12
Taranis Resources Inc. announced that it has received CAD 0.42005 million in funding from McChip Resources Inc. and other investors On June 10, 2021, Taranis Resources Inc. (TSXV:TRO) closed the transaction. The transaction included participation from returning investor McChip Resources Inc. (TSXV:MCS) for 1,700,000 common shares and five places. All securities issued in the transaction will be subject to a hold period in Canada until October 11, 2021.
On June 11, 2021, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction.