Finland

Riikonkoski Copper-Gold Project

Riikonkoski Copper Gold Project

Riikonkoski (100% Taranis) covers a historic copper-gold deposit that was drilled extensively in the early 1970's by the Geological Survey of Finland. It is nearly identical to the ultramafic-dominated Ashaze-2 and Logatchev-1 Deposits currently forming on the Mid-Atlantic Rift several miles below the surface of the Atlantic Ocean.

The Foundation of Our Business

Rocks can be"Big-Business" and it is important to be able to understand what they tell us. They host all of the metals that we use in everyday life, include gold, silver, copper lead and zinc. To find out more information about Taranis, click on the View Page.

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The Quest & Remote Places

Ore deposits have been sought for thousands of years, and the most obvious deposits have been already mined-out. The quest for these deposits takes us to places that are remote. To find out more infomation on our Thor Project, click on the View Page.

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The Reward!

It is still possible to find gold, silver and other metals near surface provided you have all the "right stuff". The deposits need to be trenched and drilled to develop the mineral occurrences into Resources. To find out about the Resource Taranis has developed at Thor, click on the View Page.

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Experience

Many ore deposits are no longer found using the traditional prospecting methods, and require an indepth knowledge of not only geology, but other sciences including geophysics, computer science and geochemistry. To find out more infomation on our Directors, click on the View Page.

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The Single Tree in the Forest

Exploration is essentially seeing through the Forest and finding a valuable tree. Sometimes the tree cannot be seen with the naked eye and requires technology that was not available to old-time prospectors. To find out how we use geophysics in Finland, click on the View Page.

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Drill Baby, Drill

It is almost impossible to build a valuable Resource without using diamond drills. Diamond drilling is costly, and when done correctly it can be used to build an NI 43-101 Resource of valuable metals in the ground. To find out how we used drills to build a +1 M tonne Resource at Thor, click on the View Page.

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Separating Fact & Fiction

Once a promising deposit of metals is found, it is necessary to evaluate the ability to be able to recover these metals out of the ground. There are many means to refine and concentrate ore, including gravity separation, and flotation. To find out about the recent metallurgical work at Thor, click on the View Page.

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Focused Exploration

One of the main criticism of junior exploration companies by the public is the lack of focus to develop Resources on a Property. To discover more on the Resource at Thor, click on the View Page.

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NI 43-101 Resources

The objective of any exploration program should be the discovery and the identification of Mineral Resources that can ultimately be classified into an NI 43-101 Resource, and ultimately mined to the benefit of the economy and the company's shareholders. To find out more information about Taranis, click on the View Page.

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Where People Meet Challenges

Exploration is a capital intensive business, and it involves a lot of problem solving to find solutions to problems to test and evaluate the potential of an exploration property. To find out more information about our Directors, click on the View Page.

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Under that Landscape is Risk

Under all the beautiful landscapes and the setting sun, lies Risk! The prudent junior mining company learns how to manage risk carefully, and not casue excessive dilution to the shareholders of the company. To find out more information about our share capital, click on the View Page.

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The Tools

Exploration involves using a "toolbox" of equipment, each tool tailored to accomplish a specific objective in the exploration program. They can range from a hand-lens to an excavator, each looking to find an ore deposit. To see some images in our Gallery, click on the View Page.

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The News Contrail

Exploration involves getting your hands dirty to find the answers to the questions that guide the exploration directive, and this information needs to get publicised to inform shareholders of our progress. To find out more information about News Releases, click on the View Page.

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Taranis Resources Inc.

Mining Exploration

Taranis Undertakes Option to Purchase 65% of Roca's Interest in Forty Two Metals

Riikonkoski Project

The Riikonkoski Copper deposit, estimated to have 12.44 M tonnes of 0.52% copper by the Geological Survey of Finland (“GTK”) is an advanced-stage exploration project that has not seen any exploration conducted below 200 m depth. Outside of the Kittilä Gold Mine, this was the second largest exploration effort completed by the GTK in Lapland. Riikonkoski has an existing Resource, and this is classified as a "Historical Resource" under NI 43-101 guidelines.

Zone	% Copper	Tonnes
Itämalmi	0.48	9,560,000
Läntinen	0.68	2,450,000
Kangas	0.45	430,000
Total	0.52	12,440,000

Source – GTK Report M-19/2734/-72/1/10

The deposit was discovered and explored in the 1960’s and 70’s by the GTK as potential feed for the Outokumpu Mine in southeast Finland when copper was trading at US$0.59/lb, and the Outokumpu deposit was almost exhausted. Unfortunately, only grades in excess of 3% copper were economic at the time, and exploration was not continued at Riikonkoski. Advances in mining, particularly block panel caving and higher copper prices make Riikonkoski very attractive, not to mention its proximity (6.5 km to the southeast) to Naakenavaara that lies in the same geological formation. 16,326 meters in 72 holes were completed by the GTK (1970 to 1974) and identified four bodies of copper and gold mineralization, NI 43-101 spacing compliant. These bodies are hosted by altered sediments and tuffaceous rocks very similar to to Naakenavaara. The presence of gold at Riikonkoski was not investigated by the previous operator, although selected sampling of only 2% of the core by the GTK did yield values greater than two grams gold/tonne, the best interval being 2.13 meters grading 10.97 grams gold/tonne. Taranis has conducted a comprehensive geological study of the deposit, and it bears a striking resemblance to modern sea-floor deposits that are found in the Mid-Atlantic Ridge at Logatchev, particularly the Ashaz-2 and Logatchev-1 vent fields. These deposits form over active rifts, and in the case of Naakenavaara are dominated by ultramafic volcanic rocks that have extensive sediment cover and are intruded by albite dykes and intrusions. The importance attached with this recognition is that these deposits tend to be large and laterally extensive, and are prone to having high-grade portions located proximal to the areas of hydrothermal venting. Taranis has filed the Mining Claim applications over the deposit, and is awaiting the approval of the Mining Claims by the Finnish Government.

Drilling

72 drill holes (16,326 m) The GTK has conducted extensive exploration on the deposit to a depth of 200 m below surface, and the deposit is drilled-off to NI-43-101 compliant spacing.

Trenching & Geophysics

SkyTEM and GTK The GTK has completed a variety of ground geophysics over the deposit, and Taranis completed some test lines of SkyTEM helicopter EM over the deposit in hopes of gaining a better understanding of the geophysical response of the deposit.

Investment

Over US$ 7.6 Million (GTK) and $100K (Taranis) Extensive diamond drilling has been completed on the Riikonkoski copper-gold deposit, and Taranis has systematically re-analyzed all of the drill core for gold content. All of the drill core is stored in Loppi Finland where it is accessible for future NI 43-101 review.