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Thor Project

Calc-Alkaline EpithermalPrecious/Base Metal Deposit

What is the Thor Project?

The Thor Property, located in the historic Silver Cup Mining District of southeast British Columbia, is a polymetallic epithermal system that Taranis has been steadily advancing through modern, science‑driven exploration. Recent deep drilling and geophysical work have revealed a major new geological framework that significantly expands the project’s potential. Thor has concentrated many different metals in one place, often in unusually high grades. Some of the metals found at Thor include: Silver (Ag), Gold (Au), Zinc (Zn), Lead (Pb), Copper (Cu), Antimony (Sb), Cadmium (Cd), Indium (In) and finally Rhodium (Rh).
The Thor Deposit is one deposit in the Silver Cup Mining District. Exploration is 'brownfield', meaning that all exploration is done around old mines. Thor started as a project with five mines that operated in the late 1890's, the 1930's and finally the last mine operated in 1972. The Thor property now includes sixteen old mines that all operated before World War II.
With our recently expanded property and all the new information we have unearthed, the 'District-Scale' picture is vastly improved over what we had one year ago. We have recently completed the digitization of all of the new mines in the expanded property, but we remain focused on drilling to expand the Mineral Resource at Thor where we have identified three big drill targets at Thor - Nortran, Borr and the deeper 1 o'clock intrusive target.
Exploration at Thor is being guided state-of-the-art 3 dimensional imaging. (Click on the image to enlarge)
Taranis owns a large land position in the Silver Cup Mining District where the famous Silver Cup Anticline plunges NW under the Thor deposit. The area is also host to intrusive rocks that are important. (Click on the image to enlarge)
The Silver Cup District sits within the Kootenay Terrane of the Omineca Belt, a region dominated by deformed and metamorphosed sedimentary and volcanic rocks. The district’s geology is strongly shaped by major folds and faults that control both rock distribution and mineralization.
The key structural feature is the Silver Cup Anticline, a prominent fold that hosts many of the historic mines. This anticline is flanked by major faults separating the Broadview and Sharon Creek Formations, creating ideal pathways and traps for hydrothermal fluids that formed the deposits.
Mineralization is tightly linked to:
  • The Silver Cup Anticline (northeast flank hosts IXL, GYP, Nettie L., Ajax; southwest flank hosts Thor)
  • Cross‑cutting faults and shear zones
  • Vein‑hosting fractures along fold limbs and hinges
This structural complexity is why the district contains numerous high‑grade mines aligned along predictable geological trends.
The district is characterized by polymetallic Ag‑Pb‑Zn ± Au ± Cu veins, classified as I05 polymetallic veins in BC’s MINFILE system. These veins typically contain:
  • Silver‑rich galena
  • Sphalerite
  • Chalcopyrite
  • Native gold and electrum
  • Accessory critical metals (Sb, Cd, In)
These veins formed from hydrothermal fluids circulating along faults and fold structures during multiple mineralizing events.
Modern exploration work shows that the Silver Cup District hosts a large, interconnected mineralizing system extending for several kilometers. Key insights include:
  • The Thor deposit represents a major mineralized body on the southwest flank of the anticline.
  • Mineralization may extend beneath the Ferguson rockslide, potentially linking Thor with historic prospects farther southeast.
  • Airborne geophysics (magnetics + MT) confirms deep structural continuity and helps map subsurface extensions.

Geology of a Silver-Gold Base Metal District

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