Business
Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR
Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce positive results from an independent...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"All dollar amounts are in Canadian dollars ("$") unless otherwise indicated.","length":86,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Dec. 1, 2025 /CNW/ - Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce positive results from an independent Prefeasibility Study ("PFS") for its 100% owned Lawyers-Ranch Project ("Lawyers-Ranch" or the "Project") in the prolific Toodoggone Mining District of British Columbia.","length":400,"tagName":"p"},{"type":"text","content":"The PFS was prepared by Ausenco Engineering Canada ULC. ("Ausenco"), Mining Plus Canada Ltd. ("Mining Plus"), Knight Piésold Ltd. ("Knight Piésold"), Equilibrium Mining Inc. ("Equilibrium"), P&E Mining Consultants Inc. ("P&E"), pHase Geochemistry Inc., Frank Wright Consulting, and SLR Consulting Ltd. ("SLR") in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The NI 43-101 PFS Technical Report will be filed on SEDAR+ at www.sedarplus.ca and Thesis Gold's website www.thesisgold.com within 45 days of this announcement.","length":660,"tagName":"p","attribs":{}},{"type":"text","content":"The PFS outlines a plan for developing the combined Lawyers-Ranch Project using both open pit and underground mining methods, with ore processed at a single facility.","length":166,"tagName":"p","attribs":{}},{"type":"text","content":"PFS highlights are summarized below:","length":36,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Strong Economics at US$2,900 per ounce of gold (oz Au) and US$35 per ounce of silver (oz Ag):","length":98,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Pre-tax: 73.5%, internal rate of return ("IRR") and $3.73 billion net present value at a 5% discount rate ("NPV5%")","length":135,"tagName":"p"}]},{"val":[{"type":"text","content":"After-tax: IRR of 54.4% and an NPV5% of $2.37 billion","length":53,"tagName":"p"}]},{"val":[{"type":"text","content":"At US$4,100/oz Au and US$51/oz Ag:","length":34,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Pre-tax: 117.4% IRR and $6.86 billi...