- Business
- Thesis Gold Inc. is a Canada-based junior resource company focused on the identification, acquisition, exploration, and evaluation of mineral properties, primarily advancing its 100% owned Lawyers-Ranch Project, a gold-silver deposit in the Toodoggone Mining District of north-central British Columbia. The project encompasses 131 mining claims covering 495 square kilometers, featuring pit-constrained and underground resources including the Lawyers prospects (Cliff Creek, Dukes Ridge, Phoenix, AGB, and former Cheni Mine) and Ranch zones (Thesis III, BV, Bonanza, Silver Pond, and new Ring discovery); a 2024 Mineral Resource Estimate outlines 4.7 million ounces gold equivalent (3.98 million Measured and Indicated, 727,000 Inferred) at grades supporting open-pit and underground mining with 95% gold and 92% silver recoveries via crushing, grinding, flotation, leaching, and Merrill Crowe processing to produce concentrate and doré bullion. Incorporated in 2010 and headquartered in Edmonton, Alberta, the company targets mineral exploration operators and investors in Canada, with operations road- and air-accessible near the Kemess mine. Recent developments include filing an updated Preliminary Economic Assessment in October 2024 demonstrating after-tax NPV5% of C$1.28 billion, 35.2% IRR, US$1,013/oz AISC, and 2-year payback on 14-year mine life producing 215,000 oz/year gold equivalent; securing C$24.2 million strategic investment from Centerra Gold in April 2025 for 9.9% stake to fund technical studies and synergies; completing C$27.5 million bought-deal financing in June-July 2025 and C$10 million placement in December 2024; initiating a Pre-Feasibility Study led by Ausenco and Mining Plus in January 2025; appointing Dr. Evan Orovan as Chief Geologist and Kettina Cordero as VP Investor Relations; and discovering high-grade mineralization at the undrilled Ring zone in November 2024 with plans for 2025 drilling, environmental baseline work, and Environmental Assessment commencement. Formerly Benchmark Metals Inc., the company rebranded to Thesis Gold Inc. in August 2023 following a share exchange arrangement with Thesis Holdings Inc., and trades as TAU on TSX Venture, THSGF on OTCQX, and A3EP87 on Frankfurt.