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Thistle Resources hits broad high-grade gold at Middle River, advancing exploration with new permits.

Market News
10 Jun 2026
Proactive Investors
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Bullish
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Thistle Resources reported a significant gold discovery at its Middle River Gold Project, with drill hole 21TRC-AU007 yielding 1.65 g/t gold over 20.71 meters, including a higher-grade section of 4.65 g/t over 2.82 meters. This shallow 74-meter drill hole confirms the robustness of the deposit along a seven-kilometer mineralized fold trend. The company has secured permits for its Phase 3 drilling program, aiming to expand the deposit along strike and depth, and to test deeper zones identified by geophysical surveys that have not yet been drilled. The project aims to define over two million ounces of gold, with over 50 high-priority targets identified for further exploration.

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