Thesis Gold Commences Environmental Assessment Process for the Lawyers-Ranch Project

Core Viewpoint - Thesis Gold Inc. has initiated the Environmental Assessment and permitting process for its 100%-owned Lawyers-Ranch Gold-Silver Project, marking a significant milestone for the company and the project [1][4]. Group 1: Project Overview - The Lawyers-Ranch Project is located approximately 450 kilometers north-northwest of Prince George and 275 kilometers north of Smithers, partially overlapping with the traditional territories of several Indigenous Nations [2]. - The project aims to unlock its full potential, with a recently published Prefeasibility Study indicating a robust after-tax Internal Rate of Return (IRR) of 54.4% and an after-tax Net Present Value (NPV) of C$2.37 billion at gold and silver prices of US$2,900/oz and US$35/oz, respectively [5]. Group 2: Indigenous Engagement - The company is committed to meaningful Indigenous engagement and public participation throughout the Environmental Assessment and permitting processes, having established strong relationships with the Kwadacha Nation, Tsay Keh Dene Nation, and Takla Nation [3]. - These Nations have become shareholders in Thesis Gold, aligning their interests with the long-term success of the project [3]. Group 3: Future Plans - Following the initiation of the Environmental Assessment process, the company plans to commence a Feasibility Study in 2026 to further advance and de-risk the project [5]. - The company emphasizes collaboration with Indigenous partners, local communities, and government regulators to ensure the project adheres to high environmental and social standards [4].