We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
TAU.V - Thesis Gold
An SI Board Since September 2021
Posts SubjectMarks Bans Symbol
47 1 0 TAU.V
Emcee:  BigMacAttack Type:  Moderated
Thesis Gold adds second drill to Ranch

2021-08-30 09:47 ET - News Release

Mr. Ewan Webster reports


Thesis Gold Inc. has provided an update on its continuing 2021 exploration program at its Ranch gold property in Northern British Columbia. The initial drilling, which began in early August, has proven successful by confirming consistency with historical high-grade drill intercepts, and is exhibiting sulphide and visible gold. Also, the exploration program has added an additional diamond drill rig at the Ranch gold-copper project, bringing the number of drill rigs on site to two. Soil sampling and rock prospecting campaigns are nearing completion, geophysical surveys are progressing and sample shipments are continuing with early drill results expected in the coming weeks.

To date, drilling has focused on confirmation and infill holes at the high-grade Bonanza zone and will progress to high-priority exploration targets in the near-term with the addition of a second drill rig.

Exploration program update

DrillingInitial drilling at Bonanza has intersected broad zones of vuggy silica and intense quartz-alunite alteration with coincident abundant sulphides consistent with historical high-grade intercepts.Hole 21BNZDD001 encountered vuggy silica, barite, sulphides and visible gold between 26 and 29 metres (hole depth), within a broader, approximately 60-metre interval of vuggy silica to quartz-alunite alteration with up to 20 per cent sulphide content locally. Sample assay results are anticipated to be received in the coming weeks.GeophysicsGround-based induced polarization (IP) geophysics have been initiated at the Albert's Hump area.Albert's Hump features a large silica cap exposure consistent with a high-level epithermal or porphyry target, and IP will be instrumental in delineating zones of potential mineralization at depth.In addition, the IP will be conducted over the Patti, Steve's and Bloss zones. These zones share the same characteristics as Albert's Hump.Ground magnetics are nearing completion.The initial program of 160 line kilometres of ground magnetics has been completed. Thesis is expanding this program with an additional approximately 260 line kilometres to resolve newly generated target areas.Soil and rock samplingTo date, 6,151 soil sample have been collected. Additional soil sampling is planned to cover newly identified zones of alteration.674 rock samples have been collected to date from over 20 targets.

Ewan Webster, president and chief executive officer, commented: "The program is off to an incredible start and we are extremely pleased with the overall progress. Initial drilling has presented us with some spectacular visible gold and we look forward to sharing the assays in the next couple of weeks as they become available. The addition of our second drill rig will help accelerate us towards our ambitious 20,000-metre drill program."

The technical content of this news release has been reviewed and approved by Michael Dufresne, MSc, PGeol, PGeo, a qualified person as defined by National Instrument 43-101.

About Thesis Gold Inc.

Thesis Gold 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 kilometres north of Smithers, B.C.

We seek Safe Harbor.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
47$TAU.V | $THSGF Thesis Gold Extends Mineralization at Bonanza-Ridge Zones; DrillBigMacAttack-September 12
46$TAU.V | $THSGF Thesis Gold Receives Amended 5-Year Exploration Permit howardgrBigMacAttack-August 2
45$TAU.V | $THSGF - CEO, Ewan Webster outlines 2022 exploration program in newly rBigMacAttack-July 7
44$TAU.V | $THSGF Thesis Gold Drills 24.40 M of 2.29 g/t Au at Ranch, Extending a BigMacAttack-June 28
43$TAU.V | $THSGF Thesis Gold Featured On BNN Bloomberg howardgroupinc.comBigMacAttack-June 27
42$TAU.V | $THSGF Thesis Gold Commences 50,000 Metre Drill Program at Ranch howarBigMacAttack-June 16
41$TAU.V | $THSGF Thesis Gold Discovers New Gold & Copper Zone near the Bingo BigMacAttack-June 13
40PBA and The Howard Group Hosts Montreal F1 Investor Networking Event howardgrouBigMacAttack-June 1
39$TAU.V | $THSGF Thesis Gold Discovers Another Parallel Mineralized Zone at ThesiBigMacAttack-May 17
38$TAU.V | $THSGF Thesis Gold Plans Expansive 50,000-Metre Drill Program at Ranch BigMacAttack-May 12
37$TAU.V | $THSGF Another Reason Why The Ranch Project Is Getting Attention: visuBigMacAttack-April 29
36$TAU.V | $THSGF - WallStreetSilver Interviews Ewan Webster, CEO of Thesis Gold OBigMacAttack-April 20
35$TAU.V | $THSGF OTC Markets Group Welcomes Thesis Gold Inc. to OTCQX https://hBigMacAttack-April 20
34$TAU.V Thesis Gold April 2022 Company Presentation howardgroupinc.comBigMacAttack-April 19
33$TAU.V Resource World Magazine: Thesis Gold Sees Multiple Million Ounce Gold PotBigMacAttack-April 8
32$TAU.V Thesis Gold Drills 20.42 Metres of 5.11 g/t Gold at New JK Zone howardgrBigMacAttack-April 6
31$TAU.V Thesis Gold Generates Multi-Kilometre Epithermal Gold Target at Ranch hoBigMacAttack-March 28
30$TAU.V CEO of Thesis Gold Dives Into The Details On 2021 Drill Results, Eric SprBigMacAttack-March 22
29$TAU.V Thesis Gold Discovers New Mineralized Zone at Thesis II; Drills 49.83 MetBigMacAttack-March 21
28$TAU.V Thesis Gold Commences 10,000 Metre Spring Drilling Program howardgroupinBigMacAttack-March 9
27$TAU.V Thesis Gold Drills 33.13 m of 17.49 g/t Au 24
26$TAU.V Thesis Gold CEO Discusses Eric Sprott Investment & Drill Results howBigMacAttack-February 18
25$TAU.V Thesis Gold Completes $24.5 Million Financing Including Strategic InvestmBigMacAttack-February 17
24$TAU.V Thesis Gold Drills 10.80 Metres of 7.03 g/t AuEq at Ridge howardgroupincBigMacAttack-February 15
23$TAU.V Thesis Gold Makes New Discovery at Thesis III; Drills 28.00 m of 6.07 g/tBigMacAttack-February 7
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):