Get to know our flagship property.

Middle River Gold

Room to Grow

Thistle has defined over 7km of mineralized folding through leading-edge geophysical techniques and UAV drone technology, with only a small portion of 400m being drill-tested, highlighting major exploration upside.

High-Grade Gold

Wide, high-grade gold intercepts over three drill programs up to 1.70 g/t over 38.3 meters and additional intercepts include 3.47 g/t over 17.6 meters and 2.41 g/t over 18.2 meters.

High-Confidence Drill Targets

Following a successful Phase 2 drill program, 26 high-confidence drill sites have been selected for Phase 3, targeting both resource expansion and new zones.

Highlights

  • Flagship gold asset located in the World-Famous Bathurst Mining Camp, New Brunswick

  • High-grade gold intercepts including 1.70 g/t over 38.3m and 14.58 g/t over 3.38m

  • Hosted within structurally controlled folds of the Canoe Landing Lake Formation

  • Includes the parallel SIP Gold Zone, rich in chromium alteration and sulfides

  • Over 50 drill target centers identified using EarthEx and Abitibi proprietary 3D IP and UAV drone geophysics

  • Advanced Phase 3 drill program targeting 26 sites across 4,000m

  • Short-term goal to define 2M+ oz of gold across the broader mineralized trend

Drill Program #1 - Results

Drill Program #2 - Results

Drill Program Core Photos

The "S-Trend"

EarthEx reprocessed existing MegaTEM and Aerodat Magnetic Data, utilizing advanced proprietary algorithms to identify and confirm the 7km mineralized “S-Trend” (shown in blue) on the Middle River Gold property.  The resulting analysis correlates perfectly with the existing deposit and the mineralized fold structure identified by Abitibi Geophysics’ Orion proprietary technology (pg. 15)

Independently, EarthEx and Abitibi utilizing their own proprietary technologies both identified and confirmed the 7 kilometer overlapping trend, with target selection.  EarthEx’s identified “S-Trend” and Abitibi’s mineralized fold trend is well-defined, and estimated to be a minimum of 7 kilometers in length. The current deposit only represents 400m of strike within the 7km trend

EarthEx and Abitibi have identified over 50 drill target centers representing hundreds of future drill holes (permits have been received.)

S-Trend depicted in blue

Mineralized Folds Trend

Abitibi Geophysics identified (5) new, untested mineralized folds, depicted in yellow channels. These channels correlate directly to and support the mineralized “S-Trend” identified by EarthEx.

Abitibi Geophysics IP survey identifies new, untested, high-chargeability lower zone (400m) depicted in purple. (To be tested in 2025)

Field Sample Photos

DDH Cross-Sections with Assay Zones

Upper zone (surface to 130m)

New lower zone at 400m + (untested) highest chargeability readings in eastern BMC

Higher grade Au assay intervals denoted by yellow bars, up to 14.58 g/t Au over 3.38 meters, and 1.40 g/t Au over 29.46 meters of width

7km of mineralized folds and trend strike to drill

TRC goal is to define over 2,000,000+ oz Au

Oblique view of S Trend with drill hole traces and assay

EarthEX Proprietary Geophysics – Negative MegaTEM Re-Processing Featuring 7km “S-Trend”

Next Steps

Strategic Expansion and Detailed Exploration Plans

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