Announcement • Jun 11
Thistle Resources Reports Certified Assay Results for Drill Hole 21TRC-Au007 at Middle River Gold Project Thistle Resources received certified assay results from ALS Canada Ltd. of North Vancouver, BC., for drill hole 21TRC-AU007. The drill hole was collared in the northeast extension of the mineralized folds trend, at an azimuth of 150 degrees and a dip of -45 degrees. The hole had a depth of 74 meters. The Middle River Gold Project is anchored by a 7-kilometre mineralized 'S-Trend' of folded stratigraphy that two independent geophysical firms - EarthEx Geophysical Solutions and Abitibi Geophysics - identified and confirmed using separate proprietary technologies. The current deposit represents only approximately 400 metres of strike within that 7-kilometre mineralized fold trend, leaving the substantial majority of the system untested. The Middle River Gold Project hosts structurally controlled Au mineralization within a package of sediments and volcanics of the Canoe Landing Lake Formation. Mineralization occurs in association with quartz veining and arsenopyrite - pyrite developed locally within a broad zone of alteration characterized by quartz, sericite, chlorite, fuchsite, and carbonate. The drilling to date has identified a mineralized zone from surface to a depth of 130 meters. Independent proprietary geophysical surveying conducted in 2021 by EarthEx Geophysical Solutions Inc. and Abitibi Geophysics both defined stronger, High Chargeability zones at 400 metres and below - among the strongest chargeability readings in the Bathurst Mining Camp - representing a high priority deeper lower zone that has never been drill-tested. The Abitibi 3D-IP survey also identified 7 km of untested mineralized folds, the cluster of previous drilling noted by the blue drill collars in the north central portion. Two completed drill programs have returned consistent high-grade, broad gold intersections - confirming both grade and width across the deposit. Together, EarthEx and Abitibi have outlined more than 50 high-priority drill target centers along the trend, representing hundreds of potential drill holes, with permits in hand. Drilling in 2026 will focus on expanding the mineralized footprint and testing the deeper, high chargeability targets defined by EarthEx Geoscience Solutions and Abitibi Geophysics. All samples were submitted to and analyzed at ALS Canada Ltd. (ALS), an independent commercial laboratory for both the sample preparation and assaying. ALS is a commercial laboratory independent of Thistle Resources Inc. Samples submitted through ALS are run through standard preparation methods and analysed using Code ME-ICP41A which is an Aqua Regia leach followed by ICP+AES analysis. Gold analysis is done by standard fire assay (GRA22) using a 50-gram sample. Overlimit assays are done by gravimetric analysis. ALS undertakes their own QA/QC protocols including coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Thistle's QAQC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results. QAQC and data validation was performed, and no material errors were observed. The technical and scientific information in this news release has been reviewed and approved by Gary Lohman, P.Geo., COO & VP Exploration of Thistle Resources Inc. and a Qualified Person as defined by National Instrument 43-101. Mr. Lohman is not independent of the Company. Board Change • May 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
