Taranis Resources Finalizes Acquisition of Property Adjacent to Thor Project

Taranis Resources Inc. has successfully completed the acquisition of a 1,634-hectare land package adjacent to its Thor project. Located in the Silver Cup Mining District, the property includes areas of historical mining significance such as the Nettie L. Mine. Originally announced in October 2024, this acquisition aims to expand Taranis’s exploration capabilities.

In 2024, Taranis refocused its exploration efforts on deeper zones at the Thor project, employing an innovative airborne magnetotelluric system. This method revealed new geological features and potential underground deposits, emphasizing the need for a large property to explore potential mineral resources. The exploration strategy combines geophysical surveys and drilling to develop a comprehensive model of mineralization at Thor.