Thesis Gold
TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF
Thesis Gold is unlocking the combined potential of the Lawyers-Ranch Gold-Silver Project in the Toodoggone mining district of north central British Columbia, Canada. A 2022 Preliminary Economic Assessment for the Lawyers project alone projected an open-pit mining operation yielding an average of 163,000 gold equivalent ounces annually over a 12-year span1. By integrating the Ranch Project, the Company aims to enhance the economics and bolster the overall project’s potential.
Central to this ambition was the expansive 2023 drill program, which continues to define a high-grade out-of-pit Mineral Resource at Lawyers and augment the near-surface high-grade deposits at Ranch. The project now boasts a combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz, at respective grades of 1.51 and 1.82 g/t AuEq. The Company roadmap includes, new metallurgical work, a robust 2024 exploration and drill program and a combined updated Preliminary Economic Assessment slated for Q3 2024. Through these strategic moves, Thesis Gold intends to elevate the Ranch-Lawyers Project to the forefront of global precious metals ventures.
1Preliminary Economic Assessment: Lawyers Gold & Silver Project (2022). JDS Energy & Mining.
INVESTMENT CONSIDERATIONSLOCATED IN BRITISH COLUMBIA’S PROLIFIC ‘GOLDEN HORSESHOE’
- 20+ highly prospective near surface gold-copper targets,
- 2022 Drilling Campaign – Completed ~40,000m of exploration and expansion drilling,
- 2023 News Flow – Many drill results still to be released over the coming months
- High Grade Drill Results – Multiple new discoveries:
- 91.00m @ 1.92 g/t AuEq at Bonanza (2022)
- 17.50m @ 4.59 g/t Au at Bonanza (2022)
- 119.20m @ 1.00 g/t AuEq at Steve (2022 new discovery)
- 34.00m @ 19.58 g/t Au at Bonanza (2021)
- 27.00m @ 8.80 g/t AuEq* at Ridge (2021)
- 28.00m @ 6.07 g/t Au at Thesis III (2021 new discovery)
- Prolific porphyry and epithermal belt adjacent to Benchmark Metals’ 3.6Moz AuEq Lawyers project
- Proven technical & managerial teams
*Gold equivalent (AuEq) calculated using an 80:1 silver to gold ratio
**P&E Mining Consultants Inc., 2021. Technical report and Updated Mineral Resource Estimate of the Lawyers Gold Silver Property, Omineca Mining Division, British Columbia, Canada.
Capital Structure
MAY 2024
Shares Outstanding: 174,000,000
Institutional – 66%
Public – 30%
Insiders – 4%
Fully Diluted: 175,900,000