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Taranis Resources ( (TSE:TRO) ) just unveiled an update.
Taranis Resources has refined its geological model of the Thor epithermal deposit after its 2025 drilling campaign, revealing that the known resource is a smaller, uplifted fragment of a much larger, structurally disrupted system. New modeling and drill results show epithermal mineralization extending 1.3 km beyond the historically defined Thor deposit, notably through the discovery of the near-surface Borr Zone to the east.
The company has also identified a significant intrusive lamprophyre dyke linked to a larger untested intrusive body, which helped clarify the structural evolution of the deposit and the role of major faults. Based on this work, Taranis has defined two high-priority 2026 exploration targets: the Nortran Target to the southwest, interpreted as the faulted western continuation of Thor, and expanded drilling at the Borr Zone, both of which could materially increase the scale and potential value of the Thor system if successful.
More about Taranis Resources
Taranis Resources Inc. is a mineral exploration company focused on the Thor Project in the Silver Cup Mining District of British Columbia. The company targets polymetallic epithermal deposits, seeking to expand known resources and identify new high-grade mineralization zones within this historically significant mining area.
Average Trading Volume: 19,907
Technical Sentiment Signal: Sell
Current Market Cap: C$18.95M
Find detailed analytics on TRO stock on TipRanks’ Stock Analysis page.