Thesis Gold Inc - THSGF STOCK NEWS

Thesis Gold announced successful preliminary metallurgical test results for its Lawyers-Ranch Project in British Columbia. The tests, completed by SGS Canada, achieved average recoveries of 95% for gold and 92% for silver. The project spans 495 km² in the Toodoggone Mining District and features road accessibility. Various methods, including gravity, flotation, and cyanidation, were tested. The results showed a recovery range of 93% to 96% for gold and 86% to 96% for silver, with gold grades exceeding 160 g/t and silver grades over 5,000 g/t in the primary concentrate. These findings will contribute to an updated preliminary economic assessment scheduled for Q3-2024. The study aims to optimize capital and operating costs, focusing on maximizing payables.

Thesis Gold Inc. (TSXV: TAU) reports an updated Mineral Resource Estimate at the Lawyers-Ranch Project, showcasing a Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz. The Project, located in British Columbia, exhibits significant growth in Mineral Resources, with strategic drilling programs indicating high-grade zones and potential for further expansion. The company aims to integrate these findings into an improved Preliminary Economic Assessment in Q3 2024.

Thesis Gold Inc. reports all remaining assay results from the 2023 drill program at the Ranch Project, showcasing near-surface mineralization, high-grade intercepts, increased deposit footprint, geological insights, copper potential, and strategic alignment. The results demonstrate significant potential for the project's value and future exploration, with a focus on updating the mineral resource estimate and PEA in 2024.

Thesis Gold Inc. reports positive assay results from drilling at the Thesis II and Thesis III zones at its 100% owned Ranch Project, indicating the presence of broad mineralized domains with high-grade gold. The Company's strategic drilling program aims to support the development of a maiden resource estimate and a forthcoming Preliminary Economic Assessment (PEA) update. The Ranch Project, along with the Lawyers Gold-Silver Project, forms a contiguous, 325 km2 land package in the Toodoggone Mining District in northern British Columbia. The results show significant gold mineralization at both zones, with a notable headline hole intersecting 60.00 meters of 4.53 grams per tonne gold (g/t Au) at Thesis II. The Company plans to incorporate confirmation and infill drilling from the 2023 season into an upcoming, maiden mineral resource estimate for the Ranch Project scheduled for Q2 2024. The technical team is developing new drill targets to further explore the potential for expansion and discovery across the Ranch Project.

Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) reports positive results from the 2023 drill program at the 100% owned Lawyers Project in British Columbia. The program focused on enhancing the project's value and exploring depth extensions of mineralized zones suitable for bulk tonnage underground mining methods. The results indicate potential for expanding the estimated resource in the forthcoming updated Mineral Resource Estimate (MRE) and the subsequent updated Preliminary Economic Assessment (PEA).

Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) reports assay results from the JK Zone at its 100% owned Ranch Project, confirming over 230 meters of mineralization with high-grade gold. The results demonstrate successful strategic exploration initiatives, positioning the company for future growth and expansion.

Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) reports promising results from the 2023 drill campaign at the Steve Zone, part of the Ranch Gold Project in British Columbia. The mineralization now extends from surface to over 400 meters vertically and 330 meters horizontally, with multiple mineralized zones confirmed. The 2023 drill campaign comprised six holes that extended mineralization and defined multiple mineralized zones, demonstrating its promising resource potential. The Steve Zone continues to demonstrate the potential for wide-spread mineralization across the Ranch Project, with the latest findings establishing mineralization from surface to an impressive depth of 400 meters and a strike length of 330 meters. The initial results at Steve share similarities with other zones at Ranch, hinting at the possibility of Bonanza Zone-grade mineralization within this larger system, reinforcing the extensive exploration opportunities across the land package.

Thesis Gold Inc. (TSXV: TAU) reports significant assay results from the Bingo Zone at its 100% owned Ranch Project, expanding the Thesis Structural Corridor to over 1.5 kilometers and identifying broad zones of near-surface gold and copper mineralization. The results indicate the potential for economic enhancement of the projects and mark a strategic advancement in the understanding of the region's geology and potential.

Thesis Gold reports assay results from the Bonanza Zone at its Ranch Gold Project. High-grade mineralization continues at depth, positioning the company for a maiden resource estimate in Q2 2024. Drilling is ongoing at several zones across the project.