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Mining

Thesis Gold kicks off LiDAR and IP surveys at its Ranch project in British Columbia

The airborne light detection and ranging (LiDAR) survey is expected to contextualize structural controls on known mineralization within the Ranch property

Thesis Gold Inc said it has started an airborne light detection and ranging (LiDAR) survey and a ground-based induced polarization (IP) geophysical survey at its Ranch gold-copper project in British Columbia.

The company noted that LiDAR is a cost-effective survey that will provide coverage of the entire project area and is expected to contextualize structural controls on known mineralization within the property.

“The IP survey is targeting new zones with extensive alteration footprints typically associated with epithermal and porphyry mineralization,” Thesis Gold CEO Ewan Webster said in a statement.

READ: Thesis Gold provides surface exploration update for its Ranch Gold-Copper Project, sees significant kilometre-scale alteration zones

“The survey will allow us to look deep in the subsurface to help delineate drill targets for this and future campaigns,” Webster added.

Thesis also said it has previously reviewed historical IP geophysics against ground magnetics, surface geochemistry, and drilling to produce a geophysical fingerprint for gold mineralization at the Ranch project.

The company added the completion of this additional IP will leverage all previous work and is expected to produce strong epithermal and porphyry drill targets in conjunction with the extensive surface geochemistry programs already in progress.

Thesis Gold is a mineral exploration company focused on proving and developing the resource potential of the 17,832-hectare Ranch gold-copper located in the Golden Horseshoe area of northern British Columbia.

Contact Sean at sean@proactiveinvestors.com

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