Thesis Gold filing of new Technical Report
Thesis Gold Inc.
1111 West Hastings Street, Suite 780
Vancouver, BC
Canada, V6E 2J3
Not for distribution to U.S. news wire services or dissemination in the United States
Thesis Gold filing of new Technical Report
Vancouver, British Columbia -- (June 13, 2024) – Thesis Gold Inc. ("Thesis" or the "Company") (TSXV:
TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that further to its news release dated
May 1, 2024, the Company has filed a new current technical report (the “ Technical Report”) with an
updated mineral resource estimate as described more fully in the Technical Report and the Company’s news
release dated May 1, 2024.
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 is unlocking the combined potential of the Lawyers -Ranch Gold-Silver Project 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
was the expansive 2023 drill program, which continues to define a high-grade out-of-pit Mineral Resource
at Lawyers and augment the near-surface high-grade deposits at Ranch. The project now boasts a combined
Measured & Indicated Mineral Resource of 4.0 Moz and an Infer red Mineral Resource of 7 27 koz, at
respective grades of 1.51 and 1.8 2 g/t AuEq2. The Company roadmap includes, new metallurgical work
(now delivered) , a robust 2024 exploration and drill program and a combined updated Preliminary
Economic Assessment slated for Q3 2024. Through these strategic moves, Thesis Gold intends to elevate
the Ranch-Lawyers Project to the forefront of global precious metals ventures.
1Please refer to the Company’s Preliminary Economic Assessment entitled, “ Preliminary Economic Assessment, Lawyers Gold -
Silver Project” with an effective date of September 9, 2022 filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.
2Details of the mineral resource estimate will be provided in a technical report with an effective date of May 1, 2024, prepared in
accordance with National Instrument 43-101—Standards of Disclosure for Mineral Projects (“ NI 43 -101”), filed under the
Company's SEDAR+ profile on or about June 13, 2024.
The scientific and technical content of this news release has been reviewed and approved by Michael
Dufresne, M.Sc, P.Geol., P.Geo., a qualified person as defined by NI 43-101.
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For further information or investor relations inquiries, please contact:
Dave Burwell
Vice President Corporate Development
Email: [email protected]
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 appl icable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding the
use of proceeds from the Company's recently completed financings 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 "believe s", 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 impli ed 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 p lace 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.