The trunk
The drilled, near-surface Thor epithermal deposit and its documented 2.8 km strike.
Exploration · Silver Cup Mining District
Taranis is applying more than 15 years of geological, geochemical and geophysical work at Thor to test a wider mineral system across a consolidated district-scale land position.
The exploration strategy
The near-surface Thor deposit provides a detailed geological reference point. The next question is how its structures, alteration and mineralization connect across the wider Silver Cup corridor.
Taranis combines the physical record from drilling with district mapping and deep-penetrating geophysics. Each dataset narrows the search area before a drill tests the interpretation.
Evidence hierarchy
The geological model
A plain-language way to separate what drilling has established from what geophysics and alteration suggest may lie deeper in the system.
Expand schematic
The drilled, near-surface Thor epithermal deposit and its documented 2.8 km strike.
A conductive alteration halo interpreted from geophysics and graphitic material observed in drill core.
The deep I-1 resistive feature interpreted as a possible intrusive heat source. It has not been directly intersected by core drilling.
The I-1 feature, its interpreted alteration halo and related deep targets are exploration concepts. They are not mineral resources, and further drilling is required to determine their nature and significance.
Target identification
Each technique observes a different part of the mineral system. The value comes from interpretation across the complete stack.
More than 19,750 m of modern core provides direct evidence of lithology, metal zonation and structure.
Systematic mapping traces host units and structures along the Silver Cup Anticline.
High-resolution elevation data helps identify faults and terrain features beneath dense forest cover.
Multi-element analysis of 252 core samples evaluates gains and depletions associated with alteration.
Airborne electromagnetic and magnetic data image electrical contrasts at depth across rugged terrain.
Ground surveys refine conductive anomalies that may correspond with buried structures.
Geological and geophysical observations are brought into one spatial model for target ranking.
District exploration map
Historic workings, modern surveys and the Thor drill database are compiled around the Silver Cup Anticline to show where evidence converges.
Expand district map
Expand 3D model
Priority exploration targets
Each target is based on a distinct geological question. None of these target areas is a mineral resource unless expressly stated.
Expand target map
Down-dip continuation
Thor-256, reported October 27, 2025, intersected 5.25 m grading 26.2 g/t Ag, 0.163 g/t Au and 3.55% combined Pb+Zn. Follow-up work is intended to test the geometry and continuity of the zone.
Western deeps
Mineralized float boulders and a cluster of electromagnetic anomalies beneath cover define a search area west of the known Thor trend.
Deep system connection
A cluster of deep conductive anomalies occurs near the interpreted contact between the I-1 resistive feature and the Silver Cup Anticline.
Northern extension
Historic datasets and anomalous soil and till results occur near a large landslide north of the Thunder Zone, where bedrock is concealed.
2026 exploration program
Current company disclosure identifies Borr and Nortran as the principal near-resource tests, with continuing work on the wider district model and other targets.
Test the down-dip continuation along the main access corridor and refine the structural model around the lamprophyre dyke.
Evaluate priority ground and airborne EM anomalies in the Horton area beneath glacial cover.
Bring historic-mine, geochemical and geophysical datasets from the expanded eastern land position into the district model.
This is a disclosure timeline, not a forecast of field dates. Consult the latest 2026 news releases for subsequent changes to scope, access, permitting and timing.
Exploration results & updates
Use the dated record to distinguish completed work from current interpretation and planned testing.
Built on measured work
The exploration opportunity should be evaluated alongside the April 2024 NI 43-101 mineral resource and the latest technical disclosure.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. Exploration targets are conceptual and require further work.