#Canada #Vancouver #mining #Thesis Gold #Lawyers Ranch

Thesis Gold Advances Drilling Program at Lawyers-Ranch

Thesis Gold Inc. has revealed promising drilling results from its ongoing 2025 program at the Lawyers-Ranch Project, a crucial venture in British Columbia's Toodoggone Mining District. This initiative is not just about drilling; it embodies the company's strategy of minimizing risks while laying down the groundwork for future feasibility studies.

The recent drilling efforts, primarily centered on geotechnical, hydrological, and metallurgical assessments, are designed to bolster the ongoing Prefeasibility Study (PFS). The essential data gathered from this year's operations will aid in producing more advanced engineering models that are vital for the future stages of project development. This initiative reflects Thesis Gold's unwavering commitment to ensuring the long-term viability of the Lawyers-Ranch Project.

In 2024, a Preliminary Economic Assessment (PEA) illustrated robust project economics, with key figures such as a 35.2% Internal Rate of Return (IRR) and an after-tax Net Present Value (NPV) of C$1.28 billion, calculated based on gold priced at US$1,930 and silver at US$24. This scenario sets a positive precedent for further research and development in ensuing years.

Key Highlights of the 2025 Drilling Program

During the 2025 drilling program, a total of 2,772 meters (m) were drilled with a focus on generating substantial data for geotechnical and geological evaluations. Highlights from the drilling include significant gold and silver intersections:

• - Drillhole 25GTDD002 recorded an impressive 12.00 m of 2.28 grams per tonne gold (g/t Au) and 16.71 g/t silver (Ag), reflecting the project’s high-grade mineralization potential.
• - In Drillhole 25GTDD003, a notable intersection was reported with 3.10 m of 5.12 g/t Au and 210.39 g/t Ag, evidencing valuable resource potential.

These results are not only encouraging for investors but also validate the meticulous geological models that have been developed over the years by Thesis Gold's technical team. The drilling program aimed to investigate critical faults and mineralization patterns, thus enhancing the understanding and planning for future pit designs.

Ewan Webster, President and CEO of Thesis Gold Inc., commented on the drilling program, stating, "Our aim this year was to gather essential data that prepares us for more sophisticated engineering studies following the completion of the PFS. We have gained a thorough understanding of the project's needs, allowing us to create programs that address both current and future requirements efficiently."

Comprehensive Data Collection

The recent drilling activities at Lawyers-Ranch are significant for their detailed geotechnical logging and hydrogeological assessments. With data collected from multiple holes designated for this specific purpose, the insights gained will play a critical role in informing upcoming feasibility studies.

Moreover, this drilling program provided a valuable opportunity to validate modelled fault zones and mineralization domains, leading to the intersection of several significant gold-silver intervals. Although mineralization was not the primary focus, such results continue to affirm Thesis's confidence in the overall resource model.

Thesis Gold is poised to augment its exploration and development efforts as it steadily progresses towards its roadmap for the future. This roadmap includes executing an extensive exploration program, conducting a comprehensive Pre-Feasibility Study, and initiating the Environmental Assessment process. Through these endeavors, the company aims to position Lawyers-Ranch as a frontrunner in the realm of global precious metals ventures.

The journey at Lawyers-Ranch is just beginning, yet the recent assay results mark a considerable step toward realizing its full potential amidst a growing industry focus on sustainable mineral development. It's clear that Thesis Gold Inc. is committed to refining its project through meticulous planning and execution as it ventures deeper into the complexities surrounding precious metals mining.

Conclusion

As Thesis Gold continues its drilling program at Lawyers-Ranch, stakeholders can remain optimistic about the project's trajectory. The ongoing pursuit of data-driven decision-making highlights the proactive approach taken by the company, promising a future rich with opportunities and potential financial returns for investors and stakeholders alike.