Thesis Gold Appoints William (Bill) Lytle as Non-Executive Chairman
Thesis Gold Appoints William (Bill) Lytle as
Non-Executive Chairman
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2024) - Thesis Gold Inc. (TSXV: TAU)
(FSE: A3EP87) (OTCQX: THSGF) ("
Thesis
" or the "
Company
") is very pleased to announce the
appointment of William (Bill) Lytle as Non-Executive Chairman of the Board.
Ewan Webster, President and CEO, shared, "On behalf of the Board, I would like to warmly welcome Bill
to the Board. With an impressive track record and currently the Senior Vice President & Chief Operating
Officer of B2Gold Corp. ("B2Gold"), Bill brings unparalleled expertise in managing mining and
engineering operations from development to closure. His extensive experience in overseeing
engineering due diligence, construction, and operations aligns seamlessly with our vision for growth and
success and will be a welcome addition to the Board."
About Bill Lytle
Mr. Lytle is currently the Senior Vice President & Chief Operating Officer of B2Gold. Bill manages all
mining and engineering operational activities from acquisitions through closure, and coordinates
engineering teams for due diligence, acquisitions, engineering, construction, operations and closure
while ensuring compliance with B2's sustainability, HSE, supply chain and IT functions.
Bill originally joined the Bema Gold team in 1998, working on the Kupol and Julietta projects, and later
became the Vice President of Environmental, Health, Safety and Permitting for B2Gold. Bill advanced to
the role of Country Manager for B2Gold Namibia, overseeing the Otjikoto mine construction and the
transition into operations, and was promoted to Vice President, Africa in 2014 during which time he
oversaw the mine construction at the Fekola Project. In February 2016, Bill was promoted to Senior Vice
President, Operations and ultimately, COO; In these various roles, Bill has been instrumental in B2Gold's
dramatic growth and resulting success over the years.
He is currently working closely with the
construction team to bring the Goose Project (Nunavut, Canada) into production. Bill has a BSc in
Chemical Engineering, MSc in Civil Engineering, and is a registered professional engineer (Colorado,
USA).
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES
On behalf of the Board of Directors
Thesis Gold Inc.
"Ewan Webster"
Ewan Webster Ph.D., P.Geo.
President, CEO, and Director
About Thesis Gold Inc.
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. A 2022 Preliminary Economic Assessment for the Lawyers project alone projected
an open-pit mining operation yielding an average of 163,000 gold equivalent ounces annually over a 12-
year span
1
. By integrating the Ranch project, the company aims to enhance the economics and bolster
the overall project's potential. Central to this ambition is the expansive 2023 drill program, which aims to
define the high-grade underground resource at Lawyers and augment the near-surface high-grade
deposits at Ranch. The company's roadmap includes releasing a combined Ranch-Lawyers resource
estimate by Q2 2024, with an updated Preliminary Economic Assessment slated for Q3 2024. Through
these strategic moves, Thesis Gold aspires to elevate the Ranch-Lawyers project to the forefront of
global precious metals ventures.
1
Preliminary Economic Assessment: Lawyers Gold & Silver Project (2022). JDS Energy & Mining.
For further information or investor relations inquiries, please contact:
Dave Burwell
Vice President Corporate Development
Email:
Tel: 403-410-7907
Toll Free: 1-888-221-0915
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding
the Offering, intended use of proceeds from the Offering, and the future plans or prospects of the
Company. Generally, forward-looking information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases or state that certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a
number of assumptions that, while considered reasonable by management, are inherently subject to
business, market, and economic risks, uncertainties, and contingencies that may cause actual
results, performance, or achievements to be materially different from those expressed or implied by
forward-looking statements. Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in forward-looking information,
there may be other factors that cause results not to be as anticipated, estimated, or intended. There
can be no assurance that such information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. Other factors which could materially affect
such forward-looking information are described in the risk factors in the Company's most recent
annual management's discussion and analysis, which is available on the Company's profile on
SEDAR+ at
www.sedarplus.ca
. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
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https://www.newsfilecorp.com/release/199130