Why British Columbia and Finland?
Our Philosophy
For those of you new to this website, I would like to take a little time to explain our business strategy. Despite "all-time-high" commodity prices, funding in the exploration sector remains challenging - financings are being completed at record-low levels and pose serious challenges to exploration companies and their shareholders.
Taranis has tailored some creative solutions to the issue...
- Most of our exploration and management is done "In-House". This means that exploration is done inexpensively, and by Management in the company.
- Low overhead costs - take a look at how Taranis compares with other junior exploration companies. Our overhead costs are almost inconsequential, guaranteeing the shareholder that we put all of our your money into our exploration projects.
- 100% Ownership in properties - All of our exploration projects have been identified by Taranis and are owned 100% by the company. This maximizes shareholder value, but it also eliminates costly Option fees and Joint Venture costs that are common amongst other junior mining exploration companies.
How Do You Find/Develop an Ore Deposit and Reward the Shareholder?
All of this means nothing if you don't have the ability to find an ore deposit! The days of prospectors roaming the tundra finding ore deposits are largely over, and most significant ore deposits have been discovered in areas that don't even have outcrop exposed. Increasingly, we are seeing the use of geophysics and geochemistry being used to try and find large deposits that are currently hidden. Taranis tries to use "Big Company" technology to find these deposits, and utilizes software and instruments that are state of the art!
The Near-Term: Thor
Our Thor property was orignally explored in the late 1800's, and is part of a much larger silver-mining District that occurs north and east of Trout lake, British Columbia. After acquiring the proeprty in 2007, Taranis aggressively explored the property in the following two years, drilling and outlining the historic mineralization known to exist on the property. The years 2009-2011 saw a hiatus in exploration as financings in the market remained difficult, and Taranis focused on quantifying the existing mineral resources on the Thor property. The results of this are summarized in a Resource estimate (NI 43-101 compliant) that was completed in June of 2013.
Between 2009 and 2015, Taranis aggressively acquired more land in the area, and assembled the existing property that is over 21 km2 in size. Taranis undertook an important exploration program in 2012, 2013 and 2014 on the Mineral Tenures outside of the existing Resource area and identified mineralization that has not been explored. This is perhaps the most important aspect of our Thor Property - not only does it have a substantial amount of Ag-Pb-Zn-Au-Cu mineralization outlined by the 152 drill holes and 35 trenches Taranis has completed, but it has imminent expandability.
Thank You!
Finally, I would like to thank all of our shareholders for the support and help you have given us! If you are not a shareholder, we invite you to join us in our exciting quest - we know that you will enjoy the excitement of finding and developing the next big ore deposit in Canada and Finland!