Post by
TrumpThis on Mar 26, 2021 1:28pm
Definition of BROWNfield: IS Resource Estimate BIGGER?
THOR NI 43-101 COMPLIANT RESOURCE ESTIMATE (2013)
& INTERNAL HOUSE RESOURCE ESTIMATES (2021)
Taranis acquired the Thor deposit in 2006, and has completed exploration programs on the project almost every year for the past 14 years. Taranis routlinely does its own internal Resource Estimates ("IHRE") that provide guidance for exploration efforts on the project. The most recent IHRE was completed in 2021 and was completed after months of geological modeling of the deposit. Although this study has not been made public, it shows huge growth at Thor.
Roscoe Postle completed an NI 43-101 compliant Resource Estimate in 2013 on the drilling data that was collected manly in 2007/08. This required the extensive collection of core to be re-analyzed and check assaying to be completed on 10% of the samples. This study used an NSR cutoff, and Whittle open pit models to determine the Inferred and Indicated Resources.
In addition to the NI 43-101 compliant Resource Estimate, Taranis engaged an engineering company in 2013 to undertake an internal feasibility analyses of mining the Thor deposit using a nearby milling operation. This showed the Thor deposit has considerable promise to be economically viable when paired with that existing infrastructure.
BRING on the 10,000 Bulk Sample.