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THESIS GOLD INC - THSGF STOCK NEWS

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Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is a leading precious metals company focused on the development of the Lawyers-Ranch Gold-Silver Project in British Columbia, Canada. The company recently announced an updated Mineral Resource Estimate, highlighting a combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz, with grades of 1.51 and 1.82 g/t AuEq. The strategic integration of the Lawyers and Ranch projects aims to maximize economic efficiency and unlock the full potential of these exceptional assets. The completion of successful metallurgical testing further emphasizes the project's robustness and sets the stage for an upcoming Preliminary Economic Assessment in Q3-2024. With a strong focus on optimization and maximizing payables, Thesis Gold is poised to lead the global precious metals market with its innovative approach and commitment to excellence.

Rhea-AI Summary
Thesis Gold Inc. announces high-grade assay results from drilling below the BV zone at the Ranch Gold Project in British Columbia. Results confirm the continuation of high-grade material along the historical BV trench. Gold mineralization is present along a 400-meter corridor. The results provide a robust foundation for the emerging trend and contribute to the company's strategy of building a unified Toodoggone district.
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Thesis Gold Inc. announces strategic initiative to optimize 2022 Lawyer's Project PEA and evaluate inclusion of underground resources at Lawyers Project and integration of Ranch Project's maiden resource. Key activities include 50,000-meter drilling program, geotechnical logging, and metallurgical testing. Updated comprehensive PEA expected in Q3-2024.
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Thesis Gold reports positive drill results at Dukes Ridge Deposit, extending high-grade mineralization to a depth of ~400m. Assay results include intervals of 45.00m of 1.03 g/t Au and 51.53 g/t Ag, 68.00m of 1.25 g/t Au and 65.65 g/t Ag, and 53.00m of 2.12 g/t Au and 104.95 g/t Ag. The Company sees an opportunity to incorporate this deep, high-grade mineralization into an underground mining scenario. Ongoing drilling at Lawyers and Ranch Projects expected to provide more updates.
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Thesis Gold completes business combination with Thesis Holdings, plans 50,000 meters of drilling for resource growth and exploration. Merger will generate larger resource and stronger economics. Shareholders receive 2.5584 Company Shares for each Thesis Share held. Combined Company listed on TSXV as 'TAU'. New management team and board of directors appointed.
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FAQ

What is the current stock price of THESIS GOLD (THSGF)?

The current stock price of THESIS GOLD (THSGF) is $0.38505 as of January 29, 2025.

What is the market cap of THESIS GOLD (THSGF)?

The market cap of THESIS GOLD (THSGF) is approximately 80.9M.

What is the focus of Thesis Gold Inc.?

Thesis Gold Inc. is focused on the development of the Lawyers-Ranch Gold-Silver Project in British Columbia, Canada.

What recent announcement did Thesis Gold Inc. make?

Thesis Gold Inc. recently announced an updated Mineral Resource Estimate, showcasing a combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz.

What grades were reported in the recent Mineral Resource Estimate?

The recent Mineral Resource Estimate reported grades of 1.51 g/t AuEq for Measured & Indicated Mineral Resource and 1.82 g/t AuEq for the Inferred Mineral Resource.

What upcoming event is Thesis Gold Inc. preparing for?

Thesis Gold Inc. is preparing for an upcoming Preliminary Economic Assessment in Q3-2024.

What key focus areas will Thesis Gold Inc. prioritize?

Thesis Gold Inc. will prioritize optimization, maximizing payables, and economic efficiency to lead the global precious metals market.
THESIS GOLD INC

OTC:THSGF

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80.90M
23.63M
1.62%
48.38%
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