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An announcement from Taranis Resources ( (TSE:TRO) ) is now available.
Taranis Resources plans an expanded 2026 exploration program at its Thor project in the Silver Cup Mining District, where its land package now exceeds 6,000 hectares and encompasses numerous historic silver mines that have seen little modern work. Building on a new geological and geophysical compilation, the company believes the Thor deposit, currently defined over 2.3 km, could extend up to 5.3 km if mineralization continues beneath large rockslides and into areas hosting early 1900s high-grade gold and silver prospects, and will therefore broaden its airborne geophysical coverage, seek regulatory approval to re-open access to long-restricted mine areas east of Ferguson Creek, and continue drilling the recently discovered Borr Zone, which suggests the Thor epithermal system may be structurally split and extend under Great Northern Mountain into Ferguson Creek, potentially reshaping the project’s scale and strategic significance.
More about Taranis Resources
Taranis Resources Inc. is a mineral exploration company focused on advancing the Thor polymetallic deposit and surrounding historic silver and gold mines within the brownfield Silver Cup Mining District in British Columbia. The company targets expansion of known resources and discovery of new zones in a geologically complex, historically mined district, leveraging modern geophysical, geological and drilling techniques to unlock value from assets that saw limited exploration over the past century.
Average Trading Volume: 18,006
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$26.63M
For detailed information about TRO stock, go to TipRanks’ Stock Analysis page.