Thesis Gold Assays 6.07 G/T Gold Over 28.0 Metres At Ranch Gold Project

Thesis Gold Inc. (TSXV: TAU) released today the initial drill results from the recently concluded Thesis III drilling program at the Ranch Gold project in Golden Horseshoe. The assay result yielded 6.07 g/t gold over 28.0 metres.

“This new discovery of parallel high-grade gold mineralization proximal to the Thesis III zone demonstrates the significant discovery potential that exists within the Thesis structural corridor and across the largely underexplored Ranch project,” said CEO Ewan Webster.

Highlights of the drill results include:

  • 21TH3DD012: 6.07 g/t gold over 28.00 metres
    • including 9.33 g/t gold over 16.75 metres
  • 21TH3DD013: 1.32 g/t gold over 81.12 metres
    • including 3.01 g/t gold over 26.25 metres

The drill results led to the discovery of a new mineralized zone west of the Thesis III area, with mineralization confirmed along 80 metres of strike length from five holes.

Marked as the inaugural drilling program at the Ranch Gold project, the activity involved around 19 drill holes were designed to test historically-known mineralization and conceptual exploration targets near the Thesis III occurrence. The mining firm said it will be including the new mineralized zone in the planning of its 2022 drill program.

Thesis Gold last traded at $2.70 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Antimony Resources Drills 5.27% Sb Over 4.95 Metres In Latest Results

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Related News

Xander Compiles Historical Data On Senneville Property, Reports Historical Grab Sample Of 49.5 G/T Gold

Xander Resources (TSXV: XND) this morning announced that it has completed its historical compilation work...

Monday, November 2, 2020, 08:41:41 AM

Reunion Gold To Raise $3.0 Million In Brokered Financing, Expands Non-Brokered Financing

Reunion Gold Corporation (TSXV: RGD) announced today that it has launched a marketed private placement...

Tuesday, April 27, 2021, 09:51:00 AM

Max Resource Executes Option On RT Gold Property With Historic Values Of 13.0 G/T Gold Over 36.1 Metres

Max Resources (TSXV: MXR) is getting into the gold game. The company announced early this...

Tuesday, September 29, 2020, 09:42:33 AM

Liberty Gold Reports 1.7 Million Indicated Ounces Of Gold At Black Pine Oxide Gold Deposit

Liberty Gold Corp (TSX: LGD) has finally released a resource estimate for its Black Pine...

Tuesday, July 13, 2021, 07:56:22 AM

Gold Soars to Highest Since February Amid Reports of Upcoming Chinese Imports

Gold prices soared to a new seven-week high, amid a decline in bonds and reports...

Friday, April 16, 2021, 04:08:00 PM