Taranis Resources Inc. V.TRO

Alternate Symbol(s): TNREF

Metals & Mining Industrial Metals & Minerals

Taranis Resources Inc. is a mineral exploration company. The Company is principally engaged in the acquisition, exploration and development of precious and base metal projects. The Company owns a 100% interest in certain mineral rights entitled the Thor Property located in the Revelstoke Mining District of British Columbia, Canada and holds certain contiguous mineral claims. It has drilled over 250 drill holes on the project, defining a near-surface epithermal deposit that is over 2 km long. The Thor project is a collection of over 27 Crown Granted Mineral Claims and approximately 14 Mineral Tenures covering approximately 3,314 hectares, which forms a contiguous property over the Thor precious and base metal Deposit. The Company, together with its subsidiaries, is engaged in acquiring and exploring its mineral properties.

TSXV:TRO - Post by User

Taranis Resources Inc. > Need to know the timeframe for self-sustaining cash flow

<< Previous

Bullboard Posts

Next >>

Comment by PoolipSanjayon Aug 05, 2021 6:29pm

84 Views

Post# 33661327

RE:RE:Need to know the timeframe for self-sustaining cash flow

Not so fast if you read the NR from 23 Dec 2020.
They intend to buy the neighbouring unused MAX concentrator facility to cut those costs. There are some pretty sweet synergies there that can massively reduce the required CAPEX.

Tanaris is not a buyout play, otherwise they'd update their resources every 2 years...

<< Previous

Bullboard Posts

Next >>

Rick Rule’s election insights: Gold, USD, and Canadian gas