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Thesis Gold Completes 86 Line-Kilometer IP Survey at Lawyers-Ranch Project in British Columbia
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Thesis Gold Completes 86 Line-Kilometer IP Survey at Lawyers-Ranch Project in British Columbia
Oct 6, 2025 7:14 AM

09:48 AM EDT, 10/06/2025 (MT Newswires) -- Thesis Gold ( THSGF ) Monday said it completed an 86 line-kilometers (line-km) Induced Polarization (IP) geophysical survey at its 100%-owned, road-accessible Lawyers-Ranch project in the Toodoggone mining district of northern British Columbia.

The company said it concentrated on follow-up resource expansion at the Bingo zone as part of its 2025 exploration season, while also advancing the understanding of new and previously untested targets. Its current work highlights the "significant exploration and expansion potential that exists within this established economic framework."

Thesis Gold ( THSGF ) expects updated project economics in the fourth quarter of 2025 with the results of a 2025 Prefeasibility Study, on track for release later this fall. Drillhole 25BNGDD001 intersected 0.73 grams per tonne gold (g/t Au), 2.17 g/t silver (Ag), and 0.35% copper (Cu) over 13.61 metres (m) beginning at 140.39 m downhole, immediately below a new zone first observed during geotechnical drilling in 2024.

It also noted that drillhole 25BNGDD002 intersected 89.30 m of 1.10 g/t Au from surface and includes an interval of 12.00 m of 2.31 g/t Au, 3.47 g/t Ag, and 0.24% Cu beginning at 71.00 m downhole.

"Drilling at Bingo emphasizes that there is still room for growth in the Ranch portion of the resource," said Thesis Gold ( THSGF ) chief executive Ewan Webster, "In addition, the IP survey has opened up an entirely new perspective on the central portion of Ranch. This region stands out as a compelling area for discovery in an area where exploration efforts have previously taken a backseat."

Shares of the company were last seen up 1.8% to $1.7 on the TSX Venture Exchange.

Price: 1.78, Change: +0.11, Percent Change: +6.59

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