Thesis Gold Drills 32.00 m of 3.14 g/t AuEq at Ridge
Vancouver, British Columbia--(November 23, 2022) - Thesis Gold Inc. (TSXV: TAU) (WKN: A2QQ0Y) (OTCQX: THSGF) ("Thesis" or the "Company") is pleased to announce an update on recent assay results from the 2022 summer drill program from the Ridge Zone at the Ranch Gold Project, located in the Golden Horseshoe of north-central British Columbia, Canada.
Highlights
Ridge hole 22RDGDD011 returned 39.00 metres (m) core length of 2.56 grams per tonne (g/t) gold (Au), 11.99 g/t silver (Ag) or 2.71 g/t AuEq** (Table 1), including 32.00 m of 2.97 g/t Au, 13.75 g/t Ag or 3.14 g/t AuEq (Table 1, Figures 1&2)
Ridge hole 22RDGDD017 returned 25.00 m of 3.22 g/t Au, 28.78 Ag or 3.58 g/t AuEq, including 6.00 m of 7.26 g/t Au, 4.15 g/t Ag, or 7.94 g/t AuEq (Table 1, Figure 1)
These positive drill results represent significant mineralized intersections demonstrating the continued expansion of the mineralized domains along dominant northwest and northeast oriented structures within the broader mineralizing system at the Bonanza-Ridge zones.
Drillhole 22RDGDD011 tested the depth extent of mineralization and confirmed continuity along broad scale fault structures that transect the Ridge Zone, mineralization remains open along strike and at depth.
Drillholes 22RDGDD009 & 017 intersected significant mineralization between the Ridge and Bonanza zones. Adjacent Bonanza drillholes 22BNZDD016 & 018 (pending assay results, Figure 2) intersected significant near surface, vuggy silica zones typically closely associated with mineralization at the Bonanza-Ridge zones.
The majority of initial assay results from the 2022 drill program have delivered strong, consistent intervals of significant mineralization.
- Published: 23 November 2022
- Written by Editor