18:28:54 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Taranis Resources Inc
Symbol TRO
Shares Issued 55,451,716
Close 2017-07-19 C$ 0.085
Market Cap C$ 4,713,396
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Taranis begins ore processing at Thor pilot plant

2017-07-20 12:53 ET - News Release

Mr. John Gardiner reports

TARANIS COMMENCES GOLD PILOT PLANT AT THOR

Taranis Resources Inc. has provided an update on activity related to its gold pilot plant located on its 100-per-cent-owned Thor project.

Gold pilot plant

Taranis has commenced processing ore from the SIF gold deposit at its pilot gold mill. The primary purpose of the gold pilot plant is to ascertain the gold recovery and gold content of a portion of the main Thor silver deposit discovered in 2014 that is enriched in gold. The full extent of SIF is unknown and could extend northward into the Ridge target and downhill into the Scab zone, presenting an exciting exploration opportunity at Thor.

The outcrop is being broken by a large excavator and hydraulic hammer, and is transported along a 300-metre-long road to the processing plant. Ore is crushed to minus one inch in size and processed on a large four-foot-by-eight-foot shaker table.

The shaker table produces a superconcentrate and concentrate which contains abundant visible gold. The concentrate consists mostly of black sand (magnetite) and minimal pyrite which accompanies the gold at SIF. The shaker table is highly effective at separating the gold from the quartz-rich gangue, and consists of one-millimetre gold grains and fine-grained gold dust.

About Taranis Resources Inc.

Taranis is an exploration company focused on the development of its 100-per-cent-owned Thor project in southeast British Columbia.

We seek Safe Harbor.

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