17:43:19 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Taranis Resources Inc
Symbol TRO
Shares Issued 42,124,989
Close 2014-04-17 C$ 0.04
Market Cap C$ 1,685,000
Recent Sedar Documents

ORIGINAL: Taranis acquires Lyme Dyke project near Thor

2014-04-22 13:27 ET - News Release

Received by email:

File: troapril222014nr.doc



FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado 
80228-5421
www.taranisresources.com

 
 

 
 
 Taranis Resources Inc. Acquires 11 km Lime Dyke Ag-Au-Pb-Zn-Cu Trend Adjacent to Thor Project

Lakewood, Colorado, April 22, 2014 - Taranis ("Taranis") [TSX.V: TRO] has acquired a 100% interest in a property locat
--->ed northeast of the Thor Project that covers a precious and base metal trend historically referred to as the "Lime Dyk
--->e". This trend includes a number of old prospects that have high-grade precious and base metal occurrences and were su
--->bject to exploration by Cominco in the 1950's, and most recently by Mineral Mountain Resources Ltd.

The Lime Dyke property is 1,083 hectares in size and contains a number of mineral occurrences that have metal content 
--->and geology similar to the Thor property. The precious and base metal occurrences occur within a parallel belt of rock
--->s located 10 km to the northeast of Thor. Based on exploration work completed by Taranis at Thor, the Lime Dyke Trend 
--->appears to be regionally related to the Thor deposit. Precious and base metal sulphides including galena, sphalerite a
--->nd chalcopyrite occur along the contact between the Index Limestone and an underlying unit of graphite schist. The con
--->tact has been subjected to tectonic overprints, including folding and faulting along the limbs of folds similar to tha
--->t seen at Thor.

John Gardiner, President and CEO of Taranis comments "All of our activity in British Columbia has been restricted to d
--->eveloping a Resource at Thor that is economically viable, but it is important to simultaneously undertake a District-s
--->cale approach to exploration that has the capability to assemble mineral deposits into a collective tonnage that enhan
--->ces the possibility of economic development. This is particularly important in areas where historical exploration has 
--->demonstrated that deposits are generally in the 2-7 M tonne range, but are relatively high-grade. While Thor remains t
--->he cornerstone of our activity in the area, the Lime Dyke Property is very reminiscent of what the Thor Project looked
---> like when Taranis acquired it in 2007. With focused and continued exploration work, we feel that the Lime Dike proper
--->ty has the ability to add substantial value to our Trout Lake Resource base that has Thor as its centerpiece."
About Taranis Resources Inc.

Taranis currently has 42,124,989 shares issued and outstanding (52,379,989 shares on a fully-diluted basis).


TARANIS RESOURCES INC.
Per:	John J. Gardiner (P. Geol.),
President and CEO
 For further information contact:

John Gardiner
14247 West Iliff Avenue Lakewood, Colorado 
Phone: (303) 716-5922
Cell: (720) 209-3049
johnjgardiner@earthlink.net
 George Kent
Suite 1406, 130 Carlton Street
Toronto, Ontario
Phone: (416) 323-0783
Cell: (416) 697-0783
georgerkent@sympatico.ca

 
 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE 
--->TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding fu
--->ture events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results m
--->ay differ materially from expected results.


File: tardisltrmapril222014.doc

TUPPER JONSSON & YEADON
BARRISTERS & SOLICITORS
An Association of Lawyers and law corporations
CARL R. JONSSON*		  LEE S. TUPPER*							        1710 - 1177 West hastings street
GLENN R. YEADON*	  	   PAMELA  JOE			                                                                                 
--->               Vancouver, b.c., canada
JEFFREY T. K. FRASER*			   					                                                                                      
--->       		V6E 2L3
Tel: (604) 683-9262 Local 118
Direct Line: (604) 640-6355
Fax: (604) 681-0139
Email yeadon@securitieslaw.bc.ca
	REPLY ATTENTION OF:	GLENN R. YEADON		
	OUR FILE:			46422
 April 22, 2014	BY EMAIL


Canada Stockwatch
Vancouver, B.C. 
By Email: to news@stockwatch.com

 
 
 Market News Publishing, Inc.
Vancouver, B.C. 
By Email: to news@baystreet.com

 
 
 Dear Sirs:

RE	TARANIS RESOURCES INC.

We are the solicitors for the above-mentioned company, and are enclosing a copy of its News Release of even date, whic
--->h we would ask that you disseminate pursuant to the TSX Venture Exchange's requirements, as well as for distribution i
--->n the normal fashion.  (Please note that we will be handling the SEDAR filing of this News Release.)

Yours very truly,

TUPPER JONSSON & YEADON

	"Glenn R. Yeadon"
				
Glenn R. Yeadon
GRY/ss
Enclosure

c:	Taranis Resources Inc. - via email
	Attention:  John J. Gardiner, President
	George Kent - via email
	TSX Venture Exchange - via SEDAR
	British Columbia Securities Commission - via SEDAR
	Alberta Securities Commission - via SEDAR
	Ontario Securities Commission - via SEDAR



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