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Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) CEO Ewan Webster News Update
#gold #stocks #news #drilling #stockwatch #investing #money #richtv February 7th, 2024 - Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) (“Thesis” or the “Company“) is pleased to report assay results from drilling at the Thesis II and Thesis III zones from its 100% owned Ranch Project. This year’s drilling at Ranch was strategically planned to support the development of a maiden resource estimate – a crucial part of the forthcoming Preliminary Economic Assessment (PEA) update. The Ranch Project is road-accessible by way of the Company’s Lawyers Gold-Silver Project, and together the two projects form a contiguous, 325 km2 land package in the prolific Toodoggone Mining District in northern British Columbia.
Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) CEO Ewan Webster News Update
Highlights
In both Thesis II and Thesis III, two distinct broad mineralized domains are present in the near-surface and at depth.
Drilling at Thesis II was designed to test deeper mineralization identified at the end of the 2022 drilling campaign:
23TH2DD005 intersected 60.00 metres (m) of 4.53 grams per tonne gold (g/t Au) beginning 84 m from surface (vertical depth).
Including 19.00 m of 10.39 g/t Au.
Drilling at Thesis III returned strong near surface mineralization:
23TH3DD013 intersected 24.32 m of 2.93 g/t Au beginning at a vertical depth of 32 m.
23TH3DD017 intersected 39.90 m of 2.39 g/t Au beginning at vertical depth of 4 m.
Confirmation and infill drilling from the 2023 season will be incorporated into an upcoming, maiden mineral resource estimate for the Ranch Project scheduled for Q2 2024.
Ewan Webster, President and CEO, commented “The 2023 drilling results at Thesis II and Thesis III represent yet another step towards unlocking the full potential of the Ranch Project. Our targeted strategy for the 2023 program focused on furthering our understanding of the high-grade, near-surface potential at Ranch as we progress towards a maiden resource estimate. We view this as a stepping stone in our ongoing efforts to extend the mineralization at Ranch. Todays notable step-out headline hole of 60.00 m at 4.53 g/t Au strongly suggests that there is still much to be discovered.”
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RICH TV LIVE INC. company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. RICH TV LIVE INC. sponsored for digital video services.
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We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators.ca/.
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https://www.youtube.com/watch?v=e1CgRqrrUCM
Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) CEO Ewan Webster News Update
Highlights
In both Thesis II and Thesis III, two distinct broad mineralized domains are present in the near-surface and at depth.
Drilling at Thesis II was designed to test deeper mineralization identified at the end of the 2022 drilling campaign:
23TH2DD005 intersected 60.00 metres (m) of 4.53 grams per tonne gold (g/t Au) beginning 84 m from surface (vertical depth).
Including 19.00 m of 10.39 g/t Au.
Drilling at Thesis III returned strong near surface mineralization:
23TH3DD013 intersected 24.32 m of 2.93 g/t Au beginning at a vertical depth of 32 m.
23TH3DD017 intersected 39.90 m of 2.39 g/t Au beginning at vertical depth of 4 m.
Confirmation and infill drilling from the 2023 season will be incorporated into an upcoming, maiden mineral resource estimate for the Ranch Project scheduled for Q2 2024.
Ewan Webster, President and CEO, commented “The 2023 drilling results at Thesis II and Thesis III represent yet another step towards unlocking the full potential of the Ranch Project. Our targeted strategy for the 2023 program focused on furthering our understanding of the high-grade, near-surface potential at Ranch as we progress towards a maiden resource estimate. We view this as a stepping stone in our ongoing efforts to extend the mineralization at Ranch. Todays notable step-out headline hole of 60.00 m at 4.53 g/t Au strongly suggests that there is still much to be discovered.”
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Disclaimer
RICH TV LIVE INC. company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. RICH TV LIVE INC. sponsored for digital video services.
Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print.
We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators.ca/.
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