| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Thesis Gold Inc. |
| Project name: | Ranch |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 28.0m @ 6.07g/t Au from 149.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia — (February 07, 2021) – Thesis Gold Inc. (“Thesis”) or the “Company”) (TSXV: TAU) (WKN: A2QQ0Y) is pleased to announce initial 2021 drill results from the Thesis III zone, completed during the Company’s inaugural drill program at its 100% owned Ranch Gold Project, located in the Golden Horseshoe of north-central British Columbia, Canada. Several 2021 drill holes intersected the new auriferous zone at depth, below and off-trend from the known mineralization at Thesis III. This new zone appears to be a parallel structure controlling mineralization that remains open in all directions and has been confirmed over a strike length > 80 metres. Gold potential within the Thesis Structural Corridor remains largely untested by drilling, with abundant attractive targets along a strike length in excess of 1500 metres. The discovery of a new gold zone at Thesis III demonstrates the significant upside within the Ranch project area for new precious metals discoveries. |
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