- Thesis Gold (TAU) has identified new epithermal and porphyry targets at its Ranch Gold Project in British Columbia
- The company identified the targets using the results from a large, induced polarization (IP) survey spanning the two of the property’s targets
- The data indicates several epithermal targets with a potential porphyry source at depth
- The targets have never been drill tested
- Thesis Gold is up 2.14 percent, trading at $1.43 at 10:48 am EST
Thesis Gold (TAU) has identified new epithermal and porphyry targets at its Ranch Gold Project in British Columbia.
The Vancouver mineral exploration company identified the targets using the results from a large, induced polarization (IP) survey spanning the property’s Patti and Steve targets.
Coincident alteration mapping, soil and rock geochemistry along with the 3D IP geophysical data indicate several epithermal targets with a potential porphyry source at depth. The targets have never been drill tested.
The Patti and Steve prospects are located in the central portion of the company’s wholly-owned Ranch Gold Project in the Golden Horseshoe of north-central British Columbia.
“Our systematic exploration program on the project this year has proven very effective at delineating new targets. These 3D IP results are very exciting and have certainly generated compelling epithermal targets and a possible deeper porphyry source. Drill planning is now underway as we look to test these new targets in 2022,” said President and CEO Ewan Webster.
Thesis Gold is up 2.14 percent, trading at $1.43 at 10:48 am EST.