Taranis Resources Inc. informed its shareholders on activities at its Thor Project in British Columbia. Taranis has engaged Expert Geophysics of Newmarket, Ontario to complete helicopter airborne Mag/EM surveys on its 100%-owned Thor property. The primary objective of the survey is to map a large, buried magnetic body that occurs on the east side of the Thor deposit.

Based on analogies with the world-famous Lepanto Cu-Au deposit, this geophysical feature is a prospective buried intrusive, and potentially the source of metals in the overlying Thor epithermal deposit. At Lepanto, this porphyry body contains most of the metals in the linked porphyry-epithermal deposit and was discovered in 1993 after four centuries of mining the epithermal part of the deposit. Exploration activities at Thor were overseen by John Gardiner (P. Geol.) who is a Qualified Person under the meaning of Canadian National Instrument 43-101.