Taranis Resources to restart Thor drilling
2024-07-29 13:28 ET - News Release
Mr. John Gardiner reports
TARANIS RESTARTS EXPLORATION ACTIVITIES AT THOR AFTER WILDFIRE
Taranis Resources Inc. has provided an update on the 2024 exploration program at Thor.
A large wildfire that burned through the entire Thor epithermal deposit has subsided to a point where exploration activities can be reinitiated on a limited basis. The wildfire caused significant damage to trees and other vegetation in the area, and roughly 75 per cent of the core part of the Thor epithermal deposit was burned.
The company anticipates that drilling activities will restart Tuesday, once the areas where the drills are located are secured. The prime risk at this point is from falling trees, and, to mitigate this concern, an excavator was mobilized to the site to knock down burned trees and remove trees from some of the main access roads.
Despite the ferocity of the wildfire, none of Taranis's core infrastructure was damaged on site. The core library, exploration camp and bridges constructed last summer were unaffected. One exploration drill obtained fire damage, but repairs are almost complete, and it is expected to be up and running today.
The British Columbia wildfire service estimated the size of the burn six days ago at 596 hectares. The affected area is being monitored daily by the government, and British Columbia wildfire personnel have been extinguishing hot spots along the main access road to Thor. Taranis would like to thank the British Columbia wildfire service for all its hard work monitoring and combating the fires in the Trout Lake area, and an evacuation alert remains in effect from July 23, 2024, that underscores the threat.