Primary ticker: TSXV:TAU, WKN:A3EP87, OTCQX:THSGF Stage of development: Exploration Primary minerals: Gold, Silver, Copper Project to promote: The Lawyers and Ranch Projects Project location: North Central British Columbia Canada Website: www.thesisgold.com
Thesis Gold, following its strategic merger with Benchmark Metals, is unlocking the potential of the Ranch and Lawyers Gold-Silver Projects in the Toodoggone mining district of north-central BC, Canada. The 2022 Preliminary Economic Assessment for the Lawyers Project projected an open-pit mining operation that would yield 163,000 gold equivalent ounces annually over a 12-year span. This year’s 50,000-metre drill program is 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 resource estimate by Q2 2024, followed by an updated PEA in Q3 2024.
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?
May 1 – Thesis Gold Announces a Combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz at the Lawyers-Ranch Project
What are your key goals in 3 months, 6 months, 12 months?
3 Months: Release Of Advanced Metallurgical & Engineering Studies and the Global PEA.
6 Months: Release Of The Results From The Summer Exploration Program.
12 Months: Prefeasibility 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?
Existing PEA on Lawyers project will be materially enhanced with new Global Resource.