- Thesis Gold (TAU) has provided a preliminary synthesis of its 2022 surface exploration at its Ranch Project
- The company completed 183.8 line-km of ground magnetics during the 2022 summer field season.
- It also undertook an extensive soil sampling program covering approximately 20.5 km2
- Thesis Gold Inc. is a mineral exploration company focused on proving and developing the resource potential of the 17,832-hectare Ranch Gold Project
- Thesis Gold Inc. opened trading at $0.84
Thesis Gold (TAU) has provided a preliminary synthesis of its 2022 surface exploration at its Ranch Project.
The company completed 183.8 line-km of ground magnetics during the 2022 summer field season. Furthermore, it undertook an extensive soil sampling program covering approximately 20.5 km2.
These two datasets build on data acquired during 2021 and have successfully expanded several known anomalies, in addition to delineating new, multi-kilometre scale geochemical and geophysical targets to test with drilling in 2023.
“To date, our soil data and ground magnetics have proven extremely effective at extending known zones of mineralization, in addition to making new discoveries on the project with the drill bit,” noted Ewan Webster, President and CEO.
“This newly acquired data is very compelling and certainly emphasizes the scope and scale of many of these targets that share the same geochemistry and alteration as the known gold zones yet remain to be drill tested,” he said.
In 2022, Thesis collected and analyzed a total of 4,259 soil samples, covering an area of approximately 20.5 km2.
Interpretation of the soil data has extended and defined several NE, N-S, and NW-oriented trends that are coincident with structural corridors interpreted from ground magnetics.
Geochemical anomalies in pathfinder elements such as silver, molybdenum, tungsten, arsenic, antimony, lead, and zinc are typical of epithermal- and porphyry-style mineralization and are commonly associated with proven precious metal mineralization on the Ranch property and elsewhere within the Golden Horseshoe.
South of the drill-confirmed Thesis Structural Corridor, there is a significant geochemical footprint of coincident molybdenum, tungsten, antimony, and silver anomalies that spans approximately 2 km by 1.6 km.
Many anomalies with these coincident geochemical and geophysical characteristics were proven as vectors to gold, copper, and silver mineralization by drilling in 2022, indicating the potential for future discoveries.
Thesis Gold Inc. is a mineral exploration company focused on proving and developing the resource potential of the 17,832-hectare Ranch Gold Project located in the “Golden Horseshoe” area of northern British Columbia, approximately 300 km north of Smithers, B.C.
Thesis Gold Inc. opened trading at $0.84.
