During the course of evaluating airborne SkyTEM data it was found that a number of conductive features were found within a strongly gossaned area measuring 1.6 km by 1 km, within a belt of rocks that are now known to connect the Riikonkoski and Naakenavaara projects. There is no outcrop in the area, and the gossan is exposed in large, extensive swamps and peat bogs. There was no indication or historical data suggesting that the Mavrik target has been explored, and Taranis is optimistic that the target could yield an exciting 'greenfield' exploration project.

A number of geochemical samples were taken of the gossan, and these yielded highly anomalous levels of nickel, copper, cobalt, molybdenum and sulphur suggestive of widespread mineralization underlying swamp cover. Gold was not analyzed in the geochemical survey since the levels of gold would be below detection limits, but the occurrence of copper, cobalt and nickel suggest that there is likelihood of gold accompanying the anomalous suite of base metals. The coincident nature of the anomalies make this area strongly suggestive of a large bedrock source of sulphide mineralization that occurs several meters, or perhaps ten meters below surface.

Cordilleran Roundup Winner

Congratulations to Lars Lund Sorensen, Senior Geologist with the Geological Survey of Denmark and Greenland who won this year's prize at the Cordilleran Roundup.