| Announcement Date: | 2022-11-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Thesis Gold Inc. |
| Project name: | Ranch |
| Location: | Canada |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 2.22m at 0.43g/t Au, 7.11g/t Ag from 6.98m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia — (November 07, 2022) – Thesis Gold Inc. (“Thesis” or the “Company”) (TSXV: TAU | WKN: A2QQ0Y | OTCQX: THSGF) is pleased to announce an update on recent assay results from the 2022 summer drill program from the Bonanza-Ridge Zone at the Ranch Gold Project, located in the Golden Horseshoe of north-central British Columbia, Canada. Figure 1a: Planview map displaying updated assay results and mineralized strike distance of the Bonanza and Ridge Zones. 1b: Planview map illustrating interconnected fault network, with mineralization encountered in both the dominant NE and SW oriented fault structures, broadly defined by anomalous magnetic lows. (RMI – Residual Magnetic Intensity) Drillhole 22BNZDD008 represents the shallower portion of an extended zone of mineralization confirmed by the results of adjacent hole 22BNZDD003, which returned a similar broad interval of mineralization (Figure 3). Drillholes 22BNZDD008 and 22BNZDD003, as well as 22RDGDD001-22RDGDD004 (Figure 3&4, Table 1) were part of a larger effort in the 2022 drill program to extend the mineralized domains identified in historic drilling and to test the continuity of mineralization between the Bonanza and Ridge zones. Early assay results as well as visual |
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