Thesis Gold Inc (TSX-V:TAU) has announced additional results from the maiden drill program at its 100% owned Ranch gold-copper project in British Columbia, which included 13 metres (m) of 27 grams per tonne (g/t) gold at the Bonanza Zone from a depth of 12m downhole.
The company said gold mineralization at the Bonanza zone is also consistent with historical drilling results.
“This second series of drill results from the Bonanza zone has again delivered some spectacular gold mineralization, beginning essentially at surface,” Thesis Gold CEO Ewan Webster said in a statement.
READ: Thesis Gold provides surface exploration update on 2021 fieldwork and sampling program at Ranch gold-copper project
“Additionally, these results are starting to demonstrate that the mineralization remains strong and open at the limits of the historical drilling. With results from 99 holes from our 106-hole drill program still outstanding we anticipate strong news flow over the coming months,” Webster added.
Thesis Gold noted the assay results continue to indicate a strong correlation between the presence of visible sulphides and elevated gold content in drilling.
It added that the Bonanza zone gold mineralizing system is open to the northeast.
The company completed 16,139m of drilling for its maiden program across a number of different zones.
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