NI 43-101 Mineral Resource
Taranis conducts exploration to accurately define Mineral Resources, ensuring transparent and informed value creation for our stakeholders.
Thor epithermal NI 43-101 Mineral Resource
The existing Mineral Resource at Thor has been identified by over 240 drill holes and numerous trenches and underground sampling locations. Thor is a high-grade polymetallic deposit that is very close to surface. The graph below shows the approximate breakdown of the value of the Mineral Resource by commodity type. It does not include antimony, indium, rhodium or cadmium that are also known to be present in the deposit.
Breakdown of NSR value of some of the main metals found in the Thor Epithermal Deposit
Exploration companies complete NI 43‑101 Mineral Resource Estimates to convert geological data into a regulated, independently verified statement of metal content. This provides credibility, unlocks financing, enables economic studies, and positions the project for development or acquisition. Investors—especially institutional ones—won’t fund a project without a compliant resource.
A Mineral Resource estimate:
NI 43‑101 uses standardized definitions (Inferred, Indicated, Measured). This lets analysts and investors compare Thor with peers on:
A compliant Mineral Resource is required before you can complete:
These studies determine whether a mine is economically viable. No resource → no economics → no path to development.
A Mineral Resource estimate:
NI 43‑101 uses standardized definitions (Inferred, Indicated, Measured). This lets analysts and investors compare Thor with peers on:
A compliant Mineral Resource is required before you can complete:
These studies determine whether a mine is economically viable. No resource → no economics → no path to development.
Geophysical and line cutting crew at the Thor Project
Click the link to the left to download our latest NI 43-101 Mineral Resource Estimate update completed by P&E Mining Consultants in 2023.