Taranis Resources, Inc. is an exploration company, which engages in the acquisition and development of mineral properties. The company is headquartered in Estes Park, Colorado. The company went IPO on 2003-09-18. The firm is principally engaged in the acquisition, exploration, and development of precious and base metal projects. The company focuses on exploring and developing one advanced-stage precious/base metal prospect in British Columbia, Canada. The firm owns a 100% interest in certain mineral rights entitled the Thor Property located in the Revelstoke Mining District of British Columbia, Canada and has acquired additional contiguous mineral claims by staking and making certain payments. The Company’s Thor property is located in the Revelstoke Mining District of British Columbia, and includes over 27 crown granted mineral claims, 31 mineral tenures and 2 placer tenures covering approximately 5,445 hectares. The combined Crown Grants and Mineral Tenures form a contiguous 100% owned property over the known Thor precious and base metal deposit.