Taranis Resources Inc. announced that 2018 drilling exploration activity completed in an area between the Broadview and Great Northern Mines and reports on recent geological modeling of the deposit that have modeled the geology and metal zonation of the deposit. Exploration Drilling at the South End of the Thor Deposit 2018 drilling (28 drill holes, including one lost hole) was completed in an area of Broadview Creek where topographic erosion has deeply dissected the Thor deposit and exposed the underlying "roots" of the main Thor deposit. The initial drill results for the summer of 2018 were reported August 20, 2018 and included drill holes Thor-182, Thor-184 and Thor-185 that encountered typical high-grade silver, gold and base metal mineralization at Thor. Analytical data now includes indium which was found to occur in zinc-rich portions of the main Thor deposit. Two Different Mineralized Geological Domains at Thor In the early 1900's and 1930's underground exploration was completed at Thor in the Broadview main adit (233 m adit) and the Morgan Tunnel (634 m adit) topographically below the known Broadview, Great Northern and True Fissure deposits. These adits were used to explore the deposit at depth and to provide a haulage drift for extracting ore from the overlying high-grade deposits. Both adits are currently inaccessible but limited historical data available indicates that both tunnels intersected a tabular tectonic zone dipping moderately to the northeast (500) that hosts low-grade mineralization in contrast to the overlying high-grade Thor deposit. The 2018 drilling has documented this transition from the overlying higher-grade mineralization into the underlying lower-grade material in the area between the Broadview and Great Northern Mines, and the ore types are designated Type 1 and Type 2 respectively. Type 1 - Main Thor Deposit, including Gold Pit The higher-grade portion of the Thor deposit occurs within and above a prominent "keel" or synclinal fold structure that is largely confined to primary bedding along a contact between the underlying Sharon Creek Formation and the overlying Broadview Formation. The deposit is parallel to fold plunges and a pronounced lineation. Arguably the most important discovery of the 2008 exploration is that all the higher-grade material occurs up-dip of a feature known as the BT intrusive that is a Carboniferous-age volcanic pile/intrusive complex and has major geometric controls on the Thor deposit.