- Thesis Gold Inc. (TAU) shares survey results from its Ranch Gold Project, in Golden Horseshoe, British Columbia
- Numerous new epithermal targets identified at the Alberts Hump deposit, with similar high -grade mineralization at Bonanza, were recorded
- Discrete anomalies are consistent with regional northeast- and northwest structural controls on gold mineralization
- The new discoveries show the potential of the Ranch Gold Project with no prior drilling over these target areas
- Thesis Gold Inc. (TAU) is up 4.95 per cent and is trading at $2.33 per share as of 1:29 p.m. EST
Thesis Gold Inc. (TAU) has announced survey results from its Ranch Gold Project, in Golden Horseshoe, British Columbia.
The new data defines numerous large, shallow anomalies.
These anomalies are comparable to previously identified anomalies in surface geochemistry, mapping, and ground magnetics targets recorded at the project.
Numerous new epithermal targets identified at the Alberts Hump deposit, with similar high-grade mineralization at Bonanza, were recorded.
The new targets show a strong link between the geophysical anomalies, observed bedrock alteration patterns, and anomalous epithermal pathfinder element concentrations.
Discrete anomalies with strike-lengths greater than 500 metres found are consistent with regional northeast- and northwest structural controls on gold mineralization
Large soil anomalies are concurrent with mapped silica and clay mineral alteration.
The new discoveries show the potential of the Ranch Gold Project with no prior drilling over these target areas
A majority of the property remains underexplored, and the company will continue exploration to discover additional prospective targets.
Thesis Gold Inc. (TAU) is up 4.95 per cent and is trading at $2.33 per share as of 1:29 p.m. EST.