Thesis Gold
TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF
Thesis Gold, following its strategic merger with Benchmark Metals, is unlocking the combined potential of the Ranch and Lawyers Gold-Silver Projects in the Toodoggone mining district of north-central British Columbia, Canada. The 2022 Preliminary Economic Assessment for the Lawyers project alone projected an open-pit mining operation that would yield 163,000 gold equivalent ounces annually over a 12-year span.
The company is now evaluating the integration of the Ranch project, aiming to enhance these figures and bolster the overall potential. Central to this ambition is the 50,000-metre drill program, designed to define the high-grade underground resource at Lawyers and augment the near-surface high-grade deposits at Ranch. The company’s roadmap includes the release of a global company resource estimate by Q2 2024, followed by an updated Preliminary Economic Assessment in Q3 2024. Through these strategic initiatives, Thesis Gold aspires to rise to the forefront of global precious metals ventures.
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
Aug 31, 2023
Shares Outstanding: 161,700,000
Institutional – 66%
Public – 30%
Insiders – 4%
Fully Diluted: 167,500,000