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07/23/13 - C$0.10
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taranis resources inc (TRO) Details

Taranis Resources Inc., an exploration stage company, is engaged in the acquisition and exploration of precious and base metal projects in Canada and Finland. It has interests in one advanced precious, and two exploration precious and base metal prospects in Lapland, Finland; and 1 advanced-stage precious/base metal prospect in British Columbia, Canada. The company 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...
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Chief Financial Officer, Vice President of Co...
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Compensation as of Fiscal Year 2012.

taranis resources inc (TRO) Key Developments

Taranis Resources Inc. Commences its Summer Exploration Program at its Thor Ag-Pb-Zn-Au-Cu Deposit Located Near Trout Lake, British Columbia

Taranis Resources Inc. announced that it has commenced its summer exploration program at its 100% owned Thor Ag-Pb-Zn-Au-Cu deposit located near Trout Lake, British Columbia. The Thor Property encompasses five old mines located in the prolific area of British Columbia called the Silver Circle, and is 4 km northeast of the Town of Trout Lake. The 2014 exploration work will be focused on expanding gold mineralization found at surface through trenching and drilling, and will augment the existing NI 43-101 Resource. The gold within these zones has shown excellent metallurgical recoveries by gravity, and Taranis believes that if it is successful in adding a near surface gold resource to the project, it would greatly enhance the economic viability of the project.

Taranis Resources Inc. to Conduct Exploration Focused to Increase Size of Existing NI 43-101 at Thor

­ Taranis Resources Inc. announced that its Board of Directors has approved a budget to conduct exploration this summer with the objective of increasing the size of the existing NI-43-101 Resource at Thor. Taranis has outlined five phases it plans to undertake to permit Thor and this will constitute a continued evolution along the permitting path. Owing to a budget surplus after the metallurgical phase, the mechanical excavation part of the exploration program is already in place. The exploration has already been permitted under a Notice of Work Application and includes mechanical excavation, sampling and plugger drilling. There are two Targets that are being further excavated and explored: Gold Target: Taranis has compiled surface outcrop grab sampling in an area that measures 500 m by 100 m that also includes panel sampling done on the SIF Zone during summer 2013 and has concluded that there is an excellent opportunity for the development of a high-grade gold Resource in that area. Scab Zone: The existing NI 43-101 Resource at Thor is contained entirely within the sulphide portion of the deposit. Economic beneficiation of this Ag, Pb, Zn and Au ore would require additional infrastructure including crushing, grinding and flotation. Portions of the sulphide deposit between the Blue Bell and True Fissure Zone remain un-drilled, and these will be further evaluated in 2014 with the objective of augmenting the existing NI 43-101 Resource.

Taranis Resources Inc. Auditor Raises 'Going Concern' Doubt

Taranis Resources Inc. filed its Annual on Apr 15, 2014 for the period ending Dec 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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