Thesis Gold Inc Stock Price, News & Analysis

Thesis Gold Inc. (OTCQX: THSGF) announced remaining drill results from its 2024 program at the Ranch area, part of its Lawyers-Ranch Project in British Columbia. The program focused on advancing engineering and environmental baseline studies for the upcoming Prefeasibility Study (PFS), scheduled for Q4 2025.

Key highlights include:

• 2,266 metres of drilling focused on geotechnical and hydrogeological studies
• Significant mineralization findings, including 27.50m of 2.08 g/t AuEq in hole 24GTDD011
• Resource growth potential demonstrated through multiple mineralized zones
• The project's 2024 PEA showed strong economics with after-tax NPV (5%) of C$1.28 billion, 35.2% IRR, and 2.0-year payback period

The company plans to commence Environmental Assessment in H2 2025 and complete the PFS in Q4 2025. The program revealed additional mineralization potential while providing important data for mine design and permitting.

Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF) has announced key appointments to strengthen its management team. Dr. Evan Orovan joins as Chief Geologist, bringing over 15 years of global experience in porphyry-epithermal systems and exploration strategies. Dr. Orovan, who holds a Ph.D. in Economic Geology from the University of Tasmania, will focus on advancing the company's Lawyers-Ranch Project in British Columbia.

Kettina Cordero has been appointed as Vice President of Investor Relations, contributing more than 15 years of experience in investor relations and corporate communications within the mining industry. She has previously worked with major companies including Pan American Silver Corp., Capstone Copper Corp., and Aris Mining

Both appointments are strategic moves to enhance the company's technical expertise and stakeholder communications capabilities.

Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF) has engaged Ausenco Engineering Canada and Mining Plus Canada Consulting to complete a Pre-Feasibility Study (PFS) for its Lawyers-Ranch Project in British Columbia. The study will build upon the September 2024 Preliminary Economic Assessment, which showed strong economics including an after-tax NPV (5%) of C$1.28 billion, 35.2% IRR, and 2.0-year payback period.

The company selected these partners for their expertise in engineering, process design, and mine planning. Additional contributors include Knight-Piésold, F. Wright Consulting, and One-Eighty Consulting, focusing on tailings, metallurgy, and permitting. The PFS is scheduled for completion in Q4 2025 and will align with the ongoing Environmental Assessment process, with design items to be finalized before the Detailed Project Description submission in H2 2025.

Thesis Gold has announced a new discovery at the Ring Zone within its Lawyers-Ranch Project in British Columbia. Initial drilling results revealed significant near-surface high-grade mineralization, including 1.21 g/t gold over 13.13 metres and 11.32 g/t gold over 1.00 metre. The discovery supports the potential for new high-grade deposits to complement the recently updated PEA, which highlighted an after-tax NPV of C$1.28 billion and IRR of 35.2%. The Ring Zone is part of a 40 km² alteration footprint containing over 20 targets. The company plans follow-up drilling in 2025, along with completing environmental baseline work and commencing a Preliminary Feasibility Study.

Thesis Gold has announced significant drill results from its 2024 program at the Lawyers Project in British Columbia. The program, comprising 4,100 meters of drilling, revealed notable high-grade gold and silver mineralization, including standout intersections of 8.00 meters at 11.39 g/t gold equivalent and 22.62 meters at 1.75 g/t gold equivalent. The results confirm both shallow and deep mineralization, supporting potential enhancement of open-pit scenarios and expansion of underground resources. These findings will be incorporated into the upcoming Prefeasibility Study planned for late 2025.

Thesis Gold Inc. has filed an updated Preliminary Economic Assessment (PEA) for its Lawyers-Ranch Project in British Columbia. The new PEA, effective August 30, 2024, supports a 12,600 tonnes per day open pit mining operation over a 14-year mine life. Highlights include:

- Strong economics with a pre-tax IRR of 46.0% and NPV5% of C$1.99 billion
- After-tax IRR of 35.2% and NPV5% of C$1.28 billion
- Increased production: 32% increase in annual average production to 215,000 AuEq ounces
- Low AISC of US$1,013 per AuEq ounce
- Quick after-tax payback of 2.0 years
- Initial capital expenditure of C$598.4 million

The project shows robustness across a range of gold prices and significant potential for further resource growth and discoveries.

Thesis Gold Corp. is advancing a promising gold and silver project in British Columbia. The company has significantly expanded its resource base to nearly 5 million ounces of gold, complemented by substantial silver credits. A recent Preliminary Economic Assessment (PEA) has confirmed the project's strong economic potential, offering both open pit and underground mining options.

The project benefits from its location in a mining-friendly jurisdiction with excellent infrastructure and established community partnerships. These factors position Thesis Gold favorably for continued resource growth and development. The company's progress and strategic advantages suggest a solid foundation for future expansion in the precious metals sector.

Thesis Gold has completed its 2024 exploration season at the Lawyers-Ranch Project in northern British Columbia. The program included 9,510 meters of drilling, split between engineering, environmental studies, resource upgrading, and exploration. Key highlights:

1. Engineering work: Geotechnical drilling and test pits at Ranch for mine design and waste rock storage.

2. Environmental studies: Completion of two-year baseline data collection at Lawyers and second year at Ranch.

3. Field geology: Identification of prospective units and mineralization in newly staked claims.

This work positions Thesis Gold to commence a Pre-Feasibility Study (PFS) in early 2025. The company aims to minimize future spending and dilution, having completed major capital-intensive elements. Initial drill results are expected soon, with ongoing releases in the coming months.