Thesis Gold & Silver Inc. reports developments tied to its wholly owned Lawyers-Ranch gold-silver project in the Toodoggone Mining District of northern British Columbia. Recurring news includes exploration results from project zones such as Steve, Bingo, Ranch and Ranch East, including drilling, geological mapping, geochemical sampling and porphyry target identification.
Company updates also cover NI 43-101 technical reporting, pre-feasibility work, environmental assessment and permitting activity, governance changes, material agreements, capital-structure matters, and operating or financial results. The company’s news flow reflects its transition from advanced exploration toward project development for a gold-silver mineral asset with an established technical-reporting framework.
Thesis Gold has commenced the 2024 exploration season at its Lawyers-Ranch Project in British Columbia's Toodoggone Mining District. The company plans to update the Preliminary Economic Assessment (PEA) in Q3-2024 and aims to start a Pre-Feasibility study in 2025. This season's work includes over 10,000 meters of drilling, geological and engineering studies, and environmental baseline data collection. The project holds 4.0 Moz Measured & Indicated and 727 koz Inferred Mineral Resources. Thesis aims to upgrade these resources further and explore new prospects. The company completed essential roadworks in 2023 and intends to advance engineering studies and environmental assessments for both project areas.
Thesis Gold announced successful preliminary metallurgical test results for its Lawyers-Ranch Project in British Columbia. The tests, completed by SGS Canada, achieved average recoveries of 95% for gold and 92% for silver. The project spans 495 km² in the Toodoggone Mining District and features road accessibility. Various methods, including gravity, flotation, and cyanidation, were tested. The results showed a recovery range of 93% to 96% for gold and 86% to 96% for silver, with gold grades exceeding 160 g/t and silver grades over 5,000 g/t in the primary concentrate. These findings will contribute to an updated preliminary economic assessment scheduled for Q3-2024. The study aims to optimize capital and operating costs, focusing on maximizing payables.
Thesis Gold Inc. (TSXV: TAU) reports an updated Mineral Resource Estimate at the Lawyers-Ranch Project, showcasing a Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz. The Project, located in British Columbia, exhibits significant growth in Mineral Resources, with strategic drilling programs indicating high-grade zones and potential for further expansion. The company aims to integrate these findings into an improved Preliminary Economic Assessment in Q3 2024.
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