Stage of development: Exploration, Development Primary minerals:Gold, Silver & Copper Project to promote: The Lawyers-Ranch Project Project location: North Central British Columbia Canada Website: www.thesisgold.com
Thesis Gold Inc. is a resource development company focused on unlocking the potential of its 100% owned Lawyers-Ranch Project, located in British Columbia’s prolific Toodoggone Mining District. The recently completed Preliminary Economic Assessment (PEA) highlights robust project economics, including a 35.2% after-tax IRR and an after-tax NPV5% of C$1.28 billion, demonstrating the potential for significant value creation.
Over the next 12 months, Thesis is dedicated to advancing the Project through critical development milestones, including the initiation of a Pre- Feasibility Study (PFS) and progressing permitting and environmental work. The Company will also continue to evaluate multiple high-potential exploration targets across the district, aiming to build on the substantial resource growth potential identified in the PEA. Through these strategic moves, Thesis Gold intends to elevate the Ranch-Lawyers Project to the forefront of global precious metals ventures.
Cash: CAD ~20M Debt: NIL
Major shareholders: Franklin Equinox Delbrook ASA Merk VanEck Management Ownership – 4%
Financials
Management Profile
Ewan Webster, PhD., P.Geo – PRESIDENT, CEO & DIRECTOR Ewan is an exploration geologist who has worked for a number of public companies in North and South America, on a variety of different deposit types. He holds a First-Class Honours degree in geology from the University of Glasgow, Scotland, a Geoscience B.C funded PhD from the University of Calgary and is a registered professional geoscientist in British Columbia. His PhD research focused on unraveling aspects of the structure, stratigraphy, tectonics, and metamorphism of southeastern British Columbia.
What is your rationale for taking part in 121 Mining Investment?
We are looking for access to new investors. Investors that will come into the market and potentially invest in the next financing round.
What recent news would you like to highlight to investors attending?
Sept. 5 – Thesis Gold Updated PEA for Lawyers-Ranch Project: After-Tax NPV5% of C$1.28 Billion, IRR of 35.2% and 2.0 Year Payback
What are your key goals in 3 months, 6 months, 12 months?
3 Months: Drill results from the 9,510 metre summer drill program.
6 Months: The initiation of a Pre-Feasibility Study (PFS) in early 2025.
12 Months: Feasibility Studies and Environmental Impact Assessment
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The current market conditions.
What do you think makes your company such a compelling investment?
The market cap of the company is at a discount to its peers.
What are the top 3 key investor takeaways?
Significant institutional support; tier 1 jurisdiction; infrastructure in place; world class multi-million ounce resource.