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Last C$0.04 CAD
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As of 12:09 PM 11/18/15 All times are local (Market data is delayed by at least 15 minutes).

taranis resources inc (TRO) Snapshot

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06/10/15 - C$0.15
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taranis resources inc (TRO) Details

Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal projects in Canada and Finland. The company owns a 100% interest in the Thor property consisting of 27 crown granted mineral claims and 19 mineral tenures that cover an area of approximately 3,314 hectares located in the Revelstoke mining district of British Columbia. It also holds interest in the Riikonkoski property comprising six mineral claim applications located in northern Finland. Taranis Resources Inc. was incorporated in 2001 and is based in Lakewood, Colorado.

Founded in 2001

taranis resources inc (TRO) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

taranis resources inc (TRO) Key Developments

Taranis Resources Inc. Announces Management Changes

Taranis Resources Inc. announced that George R. Kent has tendered his resignation as a director, the chief financial officer and a Vice-President. The company also announced the appointment of Gary R. McDonald as its new chief financial officer. Mr. McDonald is also a director of the company, having served in that capacity since 2002.

Taranis Resources Inc. Auditor Raises 'Going Concern' Doubt

Taranis Resources Inc. filed its Annual on Apr 23, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Taranis Resources Inc. Results from Ongoing Exploration at its 100%-Owned Thor Silver-Gold- Lead-Zinc-Copper Deposit

Taranis Resources Inc. announced results from ongoing exploration at its 100%-owned Thor silver-gold- lead-zinc-copper deposit located 8 km north of Trout Lake, British Columbia. Gold occurs in an area that is peripheral to the existing NI 43-101 Resource at Thor, and occurs within the zoned mineral deposit. The zonation goes from massive base metal sulphides in the core of the deposit, to massive pyrite-quartz and finally into massive quartz. The latter two zones are highly enriched in gold, and portions of these zones were tested in 2014. Two test areas were drilled in the summer of 2014 using a small core drill that produced EW-size core, and the drilling was limited to areas that had no soil cover. Hole depth was also limited to maximum 6 m, and consequently the drilling did not fully delineate either the SIF or SIF Carbon zones. Sixteen holes were completed in vicinity of the SIF Zone and eight holes were completed in the SIF Carbon Zone. Drilling and sampling was completed to NI 43-101 standards and it is expected that Taranis will complete a Resource Estimate on these two areas in preparation for undertaking a bulk sample in 2015. Three surface stockpiles have also been sampled and surveyed to NI 43-101 standards and are also being considered for bulk sampling. SIF Carbon Zone. An initial shaker table test from the SIF Carbon Zone yielded a sulphide concentrate that graded 512.4 g/t Au and 540 g/t Au. This method also holds promise in extracting the Ag-Pb-Zn-Au-Cu from the main Thor sulphide deposit, and consequently Taranis has sampled and documented these stockpiles to NI 43-101 compliance. Another consequence of gravity concentration is that it reduces the mining footprint on the property, and the capital and infrastructure required is minimal. The initial bulk sample on the property would be taken from the SIF, SIF-Carbon, and the Broadview, Great Northern and True Fissure stockpiles. This could generate a significant cash flow at Thor and would be very useful in understanding the much larger in-situ Resource at the Thor Deposit.


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