Thesis Gold Inc. (TSXV: TAU) has commenced a fully-funded exploration programme that will include up to 50,000 metres of core drilling at the company’s flagship 178 sq. km Ranch Gold-Copper Project, located in the Golden Horseshoe of north-central British Columbia, Canada.
President and CEO, Ewan Webster, said the company is now completing camp upgrades that will increase exploration efficiencies and streamline core processing to accommodate an increase to four core drilling rigs and additional personnel for substantial follow-up surface work.
“We are extremely excited to begin this major 50,000-metre drilling campaign. Our group has evaluated all datasets collected last year and the technical team has developed many prospective targets that will be drill-tested in the coming months,” Mr Webster said.
“Given the successes of last year’s maiden drill programme, we are confident that additional discoveries are probable this season and we look forward to communicating our progress as the programme advances and sharing results as they become available.”
Planned exploration programme highlights:
- Fully funded for 50,000 metres of diamond drilling, including:
- Expansion drilling targeting 2021 discovery zones and along-strike extensions at the Thesis II, Thesis III, Bingo, and JK areas, as well as extending other areas of known mineralisation at Bonanza and Ridge.
- Exploration drilling targeting anomalous areas generated during the 2021 surface exploration programme, including kilometre-scale epithermal and porphyry targets at the Alberts Hump and Patti-Steve zones (Figure 1).
- Detailed ground magnetic surveys to expand strike lengths of known mineralised northwest- and northeast-trending structural corridors.
- 8.7 sq. km planned over two survey areas at 100-metre line spacing.
- An expansive bedrock lithology and alteration mapping program is planned to contextualize known anomalies and delineate favourable stratigraphy coincident with mineralisation indicators in other datasets.
- The mapping campaign will also include a robust structural mapping component to better understand relative timing of faults and structural controls on mineralisation.
- Sizeable soil and rock grab sampling programs are planned to generate new target areas and extend open anomalies.
- Up to 4,000 soil samples planned to expand on existing anomalies and generate additional epithermal and porphyry drill targets.
- ~500 rock grab samples anticipated in a large prospecting programme occurring in conjunction with detailed bedrock mapping.
For further information please visit: https://thesisgold.com/
