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Bullboard - Stock Discussion Forum Taranis Resources Inc V.TRO

Alternate Symbol(s):  TNREF

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... see more

TSXV:TRO - Post Discussion

Taranis Resources Inc > Private Placement - Flow Through Shares
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Post by schocor on Jun 29, 2022 4:17pm

Private Placement - Flow Through Shares

Well their was an acconucement that we issues $400k flow through shares at $.20. Awesome news. I will let Trump this post the link as he is just better than me at that. 

Now is doesnt look to me like these flow through shres were for the bullk sample; as I understand things Taranis is speaking with CRA to see if they can issue flow though shares for that purpose. I believe that woudl be a seperate issuance at a later date. 

SO, these flow through shares will be used for exploration. This COULD be very exciting!! If they can get a drill - a pretty big drill i imagine - on site and hit some of those intrusive targets....well the sky is the limit.
Comment by TrumpThis on Jun 29, 2022 6:37pm
BoD have decided to drill to the intrusive to go further than DDH Thoe-193 that touched the edge & showed minerals. TRO has access to regular drill, talking to others to free up a larger drill. If anyone knows of availability in BC, contact CEO.
Comment by schocor on Jun 30, 2022 12:25pm
Interesting.  So are they plannign to use the same dril site for this new, deep hole? Or are they going to have to develop new roads to access the targets? It woudl make my VERY happy is the plan was to drill the intrusive this summer. VERY happy. 
Comment by TrumpThis on Jun 30, 2022 1:24pm
See the drone video of the Thor Deposit that clearly shows the road works of a couple of years ago that show the True Fissue stockpiles at Fissure Creek that have a white truck and crates of cores. Go to the website and under "Thor Deposit", the Thor title comes up and seconds later the video shows 360* viewings of the mountains (Nettie L old mine site across the valley to the East) and ...more