Thistle Resources hits strong gold at Middle River – ICYMI

Thistle Resources (TSX-V:TRCG, OTC:TRCGF) earlier this week reported encouraging drill results from its flagship Middle River Gold task successful New Brunswick's Bathurst Mining Camp, with absorption saying the latest intersection continues to enactment the standard and maturation imaginable of the emerging golden system.

Speaking with Proactive, main enforcement Patrick Cruickshank said drill spread 21TRC-AU007 returned a important gold-bearing interval from a shallow conception of the deposit. The spread formed portion of the company's ongoing drilling run aimed astatine expanding and defining mineralisation astatine Middle River.

Cruickshank reported that the 74-metre drill spread intersected 21 metres of important golden mineralisation astatine a composite people of astir 1.66 g/t gold. He described the effect arsenic "a beauteous affluent composite implicit 74m" and noted that it besides contained stronger intervals implicit 8 metres and 14 metres.

The CEO said the effect further validates the company's exploration model. Thistle has identified 7 kilometres of mineralised folds crossed the task country done geophysical enactment undertaken with specializer partners. To date, the institution has defined a deposit extending astir 400 metres on 1 of those folds.

A cardinal catalyst for investors volition beryllium the company's continued drilling program. Cruickshank explained that Thistle intends to absorption connected expanding the existent mineralized inclination earlier progressing to further targets. The strategy is designed to enactment aboriginal inferred and indicated assets estimates done systematic step-out drilling and improved drill density.

The broader exploration accidental remains significant. Management has identified astir 50 people centres crossed the seven-kilometre trend, with each people perchance requiring aggregate drill holes. According to Cruickshank, the standard of the mineralized strategy could enactment a assets substantially larger than the company's existent objective.

He stated that the archetypal extremity is to specify much than 2 cardinal ounces of gold, but suggested the fig whitethorn yet beryllium blimpish if exploration occurrence continues. Cruickshank said the mineralised fold strategy has truthful acold performed successful enactment with expectations and has yet to nutrient a important miss.

Alongside Middle River, different important catalyst is the advancement of the Brunswick Antimony project. Cruickshank said the institution plans to statesman drone surveys and trenching activities immediately. The plus hosts gold, metallic and high-grade antimony mineralization, including antimony grades exceeding 10%.