Core Viewpoint - Thesis Gold Inc. has announced a strategic investment from AngloGold Ashanti, which will acquire 5% of the company's common shares for C$38.67 million, validating the potential of the Lawyers-Ranch Project [1] Group 1: Investment Details - AngloGold Ashanti will purchase 13,858,883 common shares at a price of C$2.79 per share, representing the volume weighted average price on February 18, 2026 [1] - Centerra Gold Inc. will also participate in the private placement, acquiring 2,059,730 common shares at the same price, resulting in a 9.9% ownership stake in the company [1] - The total gross proceeds from both subscriptions will amount to approximately C$44.41 million [1] Group 2: Use of Proceeds - Proceeds from the subscriptions will be allocated for working capital and general corporate purposes, including ongoing technical studies at the Lawyers-Ranch gold-silver Project [1] Group 3: Project Overview - The Lawyers-Ranch Project has demonstrated strong project economics, with a 54.4% after-tax internal rate of return (IRR) 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 [1] - The company is advancing the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further de-risk the project [1]

Core Insights - Thesis Gold Inc. has appointed Ms. Coille van Alphen to its Board of Directors, enhancing the board's expertise as the company transitions from advanced exploration to project development [1][2] - Ms. van Alphen brings over 15 years of experience in mining investments and currently serves as a Mining & Metals Portfolio Manager at Equinox Partners, the largest institutional shareholder of Thesis [1][2] - The company is focused on advancing its 100%-owned Lawyers-Ranch Gold/Silver Project, which has shown strong project economics with a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion [4] Company Developments - The appointment of Ms. van Alphen is expected to strengthen governance and align with the interests of long-term shareholders as the company progresses through feasibility and permitting stages [2][3] - The Lawyers-Ranch Project is located in British Columbia's Toodoggone Mining District and is undergoing an Environmental Assessment Process, with plans to initiate a Feasibility Study in 2026 [4] - The Prefeasibility Study indicates robust project economics based on gold and silver prices of US$2,900/oz and US$35/oz respectively, highlighting the project's potential for value creation [4]

Core Insights - The article highlights the confirmation of high-grade gold (Au) within a broad mineralized envelope at the Steve Zone, validating geological interpretations and demonstrating continuity from previous drilling [1][2][3] - The results indicate significant potential for future growth through continued exploration, as the Steve Zone is not currently included in the Ranch Mineral Resource or Prefeasibility Study (PFS) [2][11] Geological Setting - High-grade Au is associated with silica-barite veining and brecciation within a broader Au-bearing system altered by silica and dickite [2][4] - The exploration results underscore the strength of the exploration thesis at Ranch, confirming the scale and upside potential of the mineralized system [2][11] Drilling Results - Drillhole 25STVDD005 intersected 77.00 meters of 1.86 grams per tonne (g/t) Au, including intervals of 3.62 g/t Au over 38.00 meters and 15.47 g/t Au over 3.00 meters [5][7] - Drillhole 25STVDD004 intersected 46.00 meters of 0.23 g/t Au, with a notable silver (Ag) intersection of 2.00 meters at 75.06 g/t Ag [5][7] - The confirmation of mineralization from surface to depths greater than 500 meters supports the interpretation of a vertically extensive epithermal system [5][6] Mineralization Characteristics - The barite-associated gold mineralization at Steve shows similarities with other zones at Ranch, indicating a vertically and laterally extensive epithermal system [4][6] - Shallow drilling also revealed silver-enriched mineralization within an oxidized zone, indicating vertical metal zonation [6][11] Future Exploration Plans - The 2025 drill program at the Steve Zone, consisting of five drill holes, aims to define the continuity of mineralization and the relationship between localized high-grade gold and broader mineralized envelopes [2][11] - The company plans to advance toward feasibility-level studies, with a focus on the potential for Steve to contribute to future mineral resource growth [11]

Core Insights - Sun Summit Minerals Corp. has reported final analytical and petrographic results from the 2025 field program at its Theory Project, indicating significant high-grade copper-gold potential, particularly in the newly defined Saboteur Zone [1][4][24] Project Overview - The Theory Project is located in the Toodoggone Mining District of British Columbia, covering an area of 9,676 hectares and is known for both epithermal gold and porphyry copper-gold deposits [39][40] - The project is strategically positioned near other significant mining projects, enhancing its exploration potential [45] Exploration Highlights - The 2025 exploration program aimed to identify new areas of interest and refine drill targets through historical data integration and new geophysical and geochemical surveys [7][24] - A total of 258 rock grab samples, 417 soil samples, and 40 silt samples were collected, with notable high-grade results including: - Grab sample LSTHR040: 4.78% copper, 0.635 g/t gold, 49 g/t silver - Grab sample BLTHR051: 6.42% copper, 0.088 g/t gold, 99 g/t silver - Grab sample JBTHR008: 0.65% copper, 12.6 g/t gold, 3150 g/t silver [4][6][18][21] Saboteur Zone Discovery - The newly discovered Saboteur Zone is characterized by a 3 km long NE trending magnetic high with consistent copper mineralization, including significant samples such as: - LSTHR040: 4.78% copper, 0.635 g/t gold, 49 g/t silver - JBTHR059: 4.0% copper, 0.596 g/t gold, 61 g/t silver [18][19] BEV Zone Insights - The BEV zone has shown a multi-element copper-dominant geochemical anomaly approximately 1 km x 700 meters, with the best grab sample returning 1.44% copper, 0.043 g/t gold, and 12.8 g/t silver [20] Fred-DM-DMR Zone Findings - The Fred-DM-DMR zone has returned the highest values from the 2025 program, with significant samples including: - BLTHR051: 6.42% copper, 0.088 g/t gold, 99 g/t silver - JBTHR008: 0.65% copper, 12.6 g/t gold, 3150 g/t silver [21] Future Plans - The company is planning a significant exploration program for 2026, focusing on the BEV to Saboteur trend of strong copper mineralization [24]

Core Viewpoint - Thesis Gold Inc. has filed the Pre-feasibility Study (2025 PFS) for its wholly owned Lawyers-Ranch gold-silver Project, highlighting strong economic metrics including an after-tax NPV5% of C$2.37 billion and an IRR of 54.4% at gold and silver prices of US$2,900/oz and US$35/oz respectively [1][7]. Project Overview - The Lawyers-Ranch Project is located in the Toodoggone District of Northern British Columbia and is fully owned by Thesis Gold Inc. [1][7]. - The 2025 PFS was prepared by a consortium of engineering and consulting firms in accordance with NI 43-101 standards [2]. Economic Highlights - The 2025 PFS indicates a pre-tax IRR of 73.5% and a pre-tax NPV5% of C$3.73 billion, with a quick payback period of 1.1 years [6]. - At higher metal prices of US$4,100/oz for gold and US$51/oz for silver, the project shows a pre-tax IRR of 117.4% and a pre-tax NPV5% of C$6.86 billion [6]. Production Metrics - The project is expected to have strong early production, averaging 266,000 ounces of gold-equivalent (AuEq) annually for the first three years and 187,000 ounces over a 15-year life of mine [6]. - The maiden Mineral Reserve statement reports 76.16 million tonnes of ore with an average grade of 0.97 g/t Au and 28 g/t Ag, resulting in a total AuEq grade of 1.33 g/t [6]. Cost Structure - The average All-in Sustaining Costs (AISC) are estimated at US$1,185 per AuEq ounce, which includes all costs associated with production [5][10]. - Initial capital expenditure is projected at C$736.2 million, with a compelling after-tax NPV5% to initial capital ratio of 3.2:1 [6]. Future Plans - The company has initiated the Environmental Assessment Process and plans to commence a Feasibility Study in 2026 to further advance the project [7]. - There is significant potential for project optimization and exploration that remains untapped [6].

Core Insights - CEO.CA is a leading investor social network focused on junior resource and venture stocks, providing exclusive updates and insights to CEOs of junior mining explorers [1][5] - The platform has gained popularity since its founding in 2012, attracting millions of users globally who engage in discussions about stocks, commodities, and emerging companies [2][5] Company Overview - CEO.CA is a wholly owned subsidiary of EarthLabs, Inc., and is recognized as one of the most popular free financial websites and apps in Canada [2][5] - The platform facilitates connections among investors from over 164 countries, promoting knowledge sharing and investment opportunities [5] Industry Engagement - The 'Inside the Boardroom' series offers interviews with industry leaders, providing insights into their vision, challenges, and strategies [3] - The series features executives like Dr. Ewan Webster, President & CEO of Thesis Gold Inc., highlighting the importance of direct communication between investors and company leaders [3] Community and Features - CEO.CA emphasizes community engagement, allowing users to follow discussions and share insights on various investment topics [2][5] - The platform is accessible via mobile applications on iOS and Android, enhancing user experience and engagement [5]

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].

Core Insights - Thesis Gold Inc. announced positive results from an independent Prefeasibility Study (PFS) for its Lawyers-Ranch Project, indicating strong economic viability and positioning the project among the top-tier development-stage gold projects globally [1][6][7]. Project Overview - The PFS outlines a plan for developing the Lawyers-Ranch Project using both open pit and underground mining methods, with ore processed at a single facility [3][13]. - The project has an after-tax NPV of CAD 2.37 billion and an IRR of 54.4%, with a payback period of 1.1 years [6][7]. Economic Highlights - At a gold price of USD 2,900/oz and silver at USD 35/oz, the project shows a pre-tax IRR of 73.5% and an NPV of CAD 3.73 billion [7]. - Initial capital expenditure is estimated at CAD 736.2 million, with a compelling after-tax NPV to initial capital ratio of 3.2:1 [7][29]. Production Metrics - The project is expected to produce an average of 266,000 AuEq ounces annually in the first three years, totaling 2.84 million AuEq ounces over the life of mine (LOM) [7][12]. - The average all-in sustaining costs (AISC) are projected at USD 1,185 per AuEq ounce [7][29]. Resource Estimates - The maiden Mineral Reserve statement includes 76.16 million tonnes of ore grading 0.97 g/t Au and 28 g/t Ag, resulting in a total AuEq grade of 1.33 g/t [7][25]. - The PFS is based on a Mineral Resource Estimate effective October 16, 2025, with significant potential for resource expansion and discovery [14][20]. Mining Strategy - The mining strategy integrates conventional open pit operations with underground longhole stoping, targeting high-grade zones [35][41]. - Approximately 96.8% of the mill feed will be sourced from open pit mining, with underground mining focused on deeper, higher-grade zones [35][36]. Processing and Infrastructure - The processing plant is designed for a throughput of 13,700 tonnes per day, utilizing a flexible flowsheet to recover gold and silver [44][46]. - Infrastructure includes open pit and underground mines, a processing plant, tailings storage, and supporting facilities [46][49]. Future Opportunities - The PFS identifies opportunities for further optimization in the upcoming Feasibility Study, including potential resource upgrades and exploration targets [10][13].

Core Insights - Thesis Gold Inc. announced assay results from its 2025 drill program at the Lawyers-Ranch gold-silver Project, emphasizing its commitment to de-risking the project and advancing towards a Prefeasibility Study (PFS) [1][10] - The 2024 Preliminary Economic Assessment (PEA) indicated strong project economics, with an after-tax NPV (5%) of C$1.28 billion, an IRR of 35.2%, and a payback period of 2.0 years based on gold priced at US$1,930 and silver at US$24 [1][10] Drilling Program Details - The 2025 drill program included 2,772 meters of drilling focused on geotechnical, hydrogeological, and metallurgical studies at Cliff Creek and Dukes Ridge [4] - Seven drill holes were designed to gather critical data for advanced engineering studies, targeting conceptual pit walls and major faults that influence mineralization and pit design [3][4] Assay Results - Drillhole 25GTDD002 reported significant intersections, including 12.00 m of 2.28 g/t Au and 16.71 g/t Ag, and a lower interval of 2.98 m of 3.53 g/t Au and 107.63 g/t Ag [4] - Drillhole 25GTDD003 intersected 3.10 m of 5.12 g/t Au and 210.39 g/t Ag, while 25GTDD005 showed 2.11 m of 4.14 g/t Au and 78.58 g/t Ag [4][5] - The results from the drilling program continue to validate the company's geological models and understanding of the deposit [5] Future Plans - The company aims to complete the PFS later this year and commence the Environmental Assessment process, positioning itself for a future Feasibility Study (FS) [3][10] - The strategic plan includes a robust exploration and drill program to elevate the Lawyers-Ranch Project within the global precious metals sector [10]

Core Insights - Thesis Gold Inc. has appointed Mr. Stephen Crozier as Executive Vice President, External Affairs and Sustainability, and Ms. Christina Anstey as Director, Project Management, to strengthen its leadership team [1][2][3] - The company is advancing its Lawyers-Ranch gold-silver project, with a focus on Indigenous and community relations, permitting processes, and exploration initiatives [1][3][5] Leadership Appointments - Mr. Crozier has 18 years of experience in the mining sector, specializing in government and Indigenous relations, and has previously worked on significant projects like IAMGOLD's Côté Gold Project and Wyloo's Eagles Nest Project [1][2] - Ms. Anstey is a geologist with over 10 years of experience in exploration projects across Canada, contributing to the success of Thesis's current initiatives [2] Project Development - The company is preparing for the Environmental Assessment process and the release of its Pre-Feasibility Study later in 2025, which are critical for the advancement of the Lawyers-Ranch Project [3][5] - A 2024 Preliminary Economic Assessment indicates strong project economics, with a 35.2% after-tax IRR and an after-tax NPV5% of C$1.28 billion, highlighting the project's potential for significant value creation [5] Stock Options - Thesis granted 250,000 stock options to an employee, with an exercise price of $1.98 per share, vesting over two years [4]