Taranis Resources Updates on 2024 Thor Project Exploration

Taranis Resources Inc. has concluded its 2024 exploration program at the Thor project near Trout Lake, British Columbia. The program focused on two primary areas: deep drilling and the Horton area. A total of ten drill holes were executed in the Deep Drilling program, with an average depth of 501m. Results are pending the analysis of the substantial sampling undertaken, which included evaluations of mineralization and chemical compositions.

In the Horton area, surveys aimed to understand the high-grade boulders discovered in 2023. This included VLF, ground magnetic surveys, soil sampling, and the completion of three diamond drill holes. The Horton area was affected by wildfires in 2024, providing new surface exposure. Analytical results are anticipated shortly.

Additionally, a single drill hole was completed near the Great Northern Zone, offering insights into the epithermal deposit and deep drilling data. The comprehensive activities reflect Taranis' ongoing commitment to understanding and expanding its mineral resources at Thor.