- Thesis Gold (TAU) has announced drill results from the Ridge prospect in B.C.
- Drill hole 21RDGDD002 returned 10.80 metres core length of 3.94 g/t gold and 247.58 g/t silver, or 7.03 g/t gold equivalent
- 21RDGDD012 returned 32.00 m core length of 1.52 g/t Au and 40.17 g/t Ag, or 2.73 g/t AuEq, including 10.00 m of 3.37 g/t Au and 37.30 g/t Ag, or 3.85 g/t AuEq
- Over 600 metres of strike length of mapped silica alteration remains to be drill tested
- The company anticipates starting another drill campaign shortly
- Thesis Gold is a mineral exploration company
- Thesis Gold Inc. (TAU) opened trading at C$2.53 per share
Thesis Gold (TAU) has announced drill results from the Ridge prospect, completed during the company’s inaugural drill program at its Ranch Gold Project.
The project is located in the Golden Horseshoe of north-central British Columbia.
Highlights:
- Drill hole 21RDGDD002 returned 10.80 metres (m) core length of 3.94 g/t gold (Au) and 247.58 g/t silver (Ag), or 7.03 g/t gold equivalent (AuEq)
- 21RDGDD011 extends the mineralization on this section to over 125 vertical metres and returned 8.70 m core length of 4.56 g/t Au and 49.94 g/t Ag, or 5.18 g/t AuEq.
- 21RDGDD012, the southwesternmost hole drilled at Ridge to date, returned 32.00 m core length of 1.52 g/t Au and 40.17 g/t Ag, or 2.73 g/t AuEq, including 10.00 m of 3.37 g/t Au and 37.30 g/t Ag, or 3.85 g/t AuEq.
- The Ridge zone remains open along-strike and to-depth, with over 600 metres of strike length of mapped silica alteration remaining to be drill tested
- Shallow Ridge zone intercepts continue to return strong silver content that transitions to deeper intervals containing significant copper
Ewan Webster, President, and CEO commented on the results.
“The Ridge zone continues to deliver strong drill results, and our team is steadily advancing our understanding of the gold, silver, and copper mineralization controls across the project area as new data becomes available. We are continually adjusting our exploration model and generating additional prospective targets across the Ranch project area and are excited to begin another drilling campaign in short order.”
Thesis Gold is a mineral exploration company focused on developing the 17,832-hectare Ranch Gold Project located in the “Golden Horseshoe” area of northern British Columbia.
Thesis Gold Inc. (TAU) opened trading at C$2.53 per share.