Thor

Resource Estimate

Thor

Roscoe Postle NI 43-101 for the Thor property includes a portion of the sulphide Resource and none of the gold Resource.

The Foundation of Our Business

Rocks can be"Big-Business" and it is important to be able to understand what they tell us. They host all of the metals that we use in everyday life, include gold, silver, copper lead and zinc. To find out more information about Taranis, click on the View Page.

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The Quest & Remote Places

Ore deposits have been sought for thousands of years, and the most obvious deposits have been already mined-out. The quest for these deposits takes us to places that are remote. To find out more infomation on our Thor Project, click on the View Page.

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The Reward!

It is still possible to find gold, silver and other metals near surface provided you have all the "right stuff". The deposits need to be trenched and drilled to develop the mineral occurrences into Resources. To find out about the Resource Taranis has developed at Thor, click on the View Page.

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Experience

Many ore deposits are no longer found using the traditional prospecting methods, and require an indepth knowledge of not only geology, but other sciences including geophysics, computer science and geochemistry. To find out more infomation on our Directors, click on the View Page.

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The Single Tree in the Forest

Exploration is essentially seeing through the Forest and finding a valuable tree. Sometimes the tree cannot be seen with the naked eye and requires technology that was not available to old-time prospectors. To find out how we use geophysics in Finland, click on the View Page.

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Drill Baby, Drill

It is almost impossible to build a valuable Resource without using diamond drills. Diamond drilling is costly, and when done correctly it can be used to build an NI 43-101 Resource of valuable metals in the ground. To find out how we used drills to build a +1 M tonne Resource at Thor, click on the View Page.

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Separating Fact & Fiction

Once a promising deposit of metals is found, it is necessary to evaluate the ability to be able to recover these metals out of the ground. There are many means to refine and concentrate ore, including gravity separation, and flotation. To find out about the recent metallurgical work at Thor, click on the View Page.

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Focused Exploration

One of the main criticism of junior exploration companies by the public is the lack of focus to develop Resources on a Property. To discover more on the Resource at Thor, click on the View Page.

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NI 43-101 Resources

The objective of any exploration program should be the discovery and the identification of Mineral Resources that can ultimately be classified into an NI 43-101 Resource, and ultimately mined to the benefit of the economy and the company's shareholders. To find out more information about Taranis, click on the View Page.

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Where People Meet Challenges

Exploration is a capital intensive business, and it involves a lot of problem solving to find solutions to problems to test and evaluate the potential of an exploration property. To find out more information about our Directors, click on the View Page.

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Under that Landscape is Risk

Under all the beautiful landscapes and the setting sun, lies Risk! The prudent junior mining company learns how to manage risk carefully, and not casue excessive dilution to the shareholders of the company. To find out more information about our share capital, click on the View Page.

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The Tools

Exploration involves using a "toolbox" of equipment, each tool tailored to accomplish a specific objective in the exploration program. They can range from a hand-lens to an excavator, each looking to find an ore deposit. To see some images in our Gallery, click on the View Page.

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The News Contrail

Exploration involves getting your hands dirty to find the answers to the questions that guide the exploration directive, and this information needs to get publicised to inform shareholders of our progress. To find out more information about News Releases, click on the View Page.

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Taranis Resources Inc.

Mining Exploration

Taranis Undertakes Option to Purchase 65% of Roca's Interest in Forty Two Metals

NI 43-101 Resource on a Portion of Thor

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NI 43-101 Resource Estimate

Mineral Resources are estimated at a net smelter return (NSR) cut-off value of US$50/t for potential open pit and US$100/t for potential underground. A preliminary Whittle pit was applied to constrain the potential open pit resource.

THOR MINERAL RESOURCE ESTIMATE SUMMARY*
Zone and Category	NSR Cut-off	tonnes	Au (g/t)	Ag (g/t)	Cu (%)	Pb (%)	Zn (%)
Potentially Open Pit Indicated	$50	471,000	0.91	204	0.14	2.77	3.68
Inferred	$50	189,000	1.28	218	0.16	2.70	3.83
Potentially Underground Indicated	$100	168,000	0.81	141	0.13	1.78	3.03
Inferred	$100	235,000	0.74	143	0.13	1.90	2.69
Total Indicated		640,000	0.88	187	0.14	2.51	3.51
Total Inferred		424,000	0.98	176	0.14	2.26	3.20

• CIM definitions were followed for the Mineral Resources classification, and Mineral Resources are estimated using an average long-term gold price of US$1,650 per Oz, a silver price of US$27/Oz, a copper price of US$3.50/lb, a lead price of US$1.15/lb and zinc price of US$1.25/lb. A 1.5 m minimum mining width was utilized. Numbers may not add due to rounding.

Here are some of the highlights of the NI 43-101 Resource estimate:

The RPA NI 43-101 study broke down the deposit into Resources potentially mined by Open pit and underground methods using NSR values. Based on this method, 62% of the Resource is potentially open pittable and would improve the economics of a combined open pit – underground mining project.
60% of the deposit is classified as Inferred and 40% has been upgraded to Indicated – substantially improving the value and confidence level of the Resource.
Mineralization included in the RPA study occurs on Crown Grants and Mineral Tenures owned 100% by Taranis. Crown Grants enable exploitation without being subject to lengthy Mining Lease Application process.
The NI 43-101 study applied “zero-grade” to lost core intervals, and additionally some of the higher-grade intercepts were capped. Taranis expects to be able to increase the grade in future drilling by utilizing methods that will recover more of these softer mineralized zones.
The RPA Resource estimate does not include high-grade surface mineral stockpiles with average grades ranging from 0.89 g/t Au to 1.12 g/t Au, 97.50 g/t Ag to 411.45 g/t Ag, 0.06% Cu to 2.79% Cu, 1.44 % Pb to 10.16% Pb, and 2.51% Zn to 9.72% Zn based on systematic grab sampling. However, Taranis plans to conduct measures to assess commercial processing of these samples while initiating Acid-Base Accounting and geochemical characterization this summer in order to facilitate processing of these stockpiles.

Partial

The Resource Estimate was only completed on the parts of the deposit that have been drilled out and trenched. There are areas between the True Fissure and Blue Bell that have not been drilled, and there are also other targets to the west of the existing sulphide deposit tht have not been drilled. The current NI 43-101 is a good start though, and Taranis plans to augment this Resource.

Density

At Thor, it is very important to monitor the density of the core and other samples that is used in the NI 43-101. Both the mineralization (massive sulphide) and the gangue mineral Siderite cause significant variation in the density of the samples. It is not uncommon to have densities of 3.0 - 4.5 g/cc3 within the Combined Metals Unit.

Grade

Most of the higher-grde material occurs within portions of the deposit that have more sulphide. These sulphides typically include galena, tetrahedrite, sphalerite and chalcopyrite. Pyrite also occurs in abundance, but does not host any minerals of economic interest apart from minor gold.

Tonnage

The initial evaluation fo the Resource at Thor has outlined a deposit that is over 1 M tonnes and it is believed that addtiional drilling will significantly increase this in the future. Particular attention is being directed to the "Gold Target" - an area to the west of the existing Resource that has shown high grade gold and silver within a flat-lying, quartz-bearing zone.