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Taranis Resources ( (TSE:TRO) ) has issued an announcement.
Taranis Resources has announced significant progress in its 2024 diamond drilling program at the Thor site, unveiling two intrusive bodies beneath the epithermal deposit. This discovery, based on a ‘linked epithermal-porphyry’ geological model, marks a milestone in Thor’s exploration history, as no intrusive rocks had been documented in the 130-year history of the site. The findings from initial drill holes suggest a complex geological structure, with ongoing investigations to better understand the mineralization and alteration patterns. This development could enhance Taranis’ positioning in the mining industry, potentially leading to the discovery of substantial gold and copper deposits.
More about Taranis Resources
Taranis Resources Inc. operates in the mining industry, focusing on exploration and development of mineral properties. The company is primarily engaged in identifying and advancing mineral deposits, with a particular emphasis on projects in North America.
YTD Price Performance: -10.0%
Average Trading Volume: 13,731
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$24.32M
See more data about TRO stock on TipRanks’ Stock Analysis page.