(Image via Thesis Gold Inc. Click to enlarge.)
Exploration company
Thesis Gold Inc. (TSX-V: TAU, Forum) released the results and preliminary interpretations from a 4.1 km
2 induced polarization (IP) survey on Friday conducted over the Company's 100% owned Ranch Gold Project, located in the Golden Horseshoe of north-central British Columbia, Canada.
The newly acquired IP data define numerous large, shallow anomalies that are coincident with previously identified anomalies in surface geochemistry, mapping, and ground magnetics defining new epithermal targets.
The company highlighted numerous new epithermal targets identified at Alberts Hump with similar characteristics to drill-tested, high-grade mineralization at Bonanza, Thesis II, Thesis III, and Ridge prospects.
These include:
- Coincident resistivity and chargeability highs associated with linear magnetic lows
- Strong spatial link between geophysical anomalies, observed bedrock alteration patterns, and anomalous epithermal pathfinder element concentrations in surface geochemistry
In
a media release on this news, Thesis Gold’s President and CEO, Ewan Webster commented that the company continues to generate new targets in the underexplored regions of the property, demonstrating the untapped discovery potential at Ranch.
“The strong agreement between the IP data, the mapping, geochemical, and ground magnetics provides us with increased confidence in these newly identified epithermal targets. Thesis is well funded for its 2022 program that will continue to focus on expanding known zones of mineralization and advancing new targets through the exploration pipeline.”