Thesis Gold & Silver Inc. · TSXV:TAU

Thesis Gold & Silver — Thesis Gold — Investor Presentation (April 2024)

16 slides from Thesis Gold & Silver's investor presentation, April 2024

  1. Slide 1: Unlocking the Gold-Silver Potential of a Unified Toodoggone District

    CORPORATE PRESENTATION | APRIL 2024 Unlocking the GOLD-SILVER TSX-V TAU POTENTIAL of a Unified Toodoggone District, northern BRITISH COLUMBIA

  2. Slide 2: Disclaimer and Cautionary Notes

    DISCLAIMER AND CAUTIONARY NOTES FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking information” within the meaning of production at the Lawyer’s Project; regulatory determinations and delays; any Accordingly, Thesis recommends that the reader refer to and read the Technical appli

  3. Slide 3: Project Highlights

    PROJECT HIGHLIGHTS N CANADA Recognized Mining Jurisdiction District Scale (495 km2) Land Position in the BC Toodoggone Mining District of BC TECK Schaft Creek Road Accessible and <5 km from NEWCREST the Sturdee Airstrip TECK/NEWMONT Red Chris THESIS GOLD Galore Creek Close to powerline tie-ins and t

  4. Slide 4: Excellent Access to Infrastructure and Power

    EXCELLENT ACCESS TO INFRASTRUCTURE AND POWER Road from Prince George N provides year-round access Bot | TDG Gold Corp. Sturdee Airstrip provides BRITISH COLUMBIA Golden Lion | Evergold Corp. flight access from regional Thesis Gold Theory | Eagle Plains Ltd. airports at Terrace, Smithers, Projects Po

  5. Slide 5: Corporate Snapshot

    CORPORATE SNAPSHOT Share Analyst Largest Structure Coverage Shareholders Basic Shares Outstanding 174 M Fully Diluted1 175.9 M Market Capitalization3 $127 M Shareholder Summary 2 66% 30% INSTITUTIONAL PUBLIC/ OTHER 4% INSIDERS 1) On a fully diluted, ITM basis. 2) As per Refinitiv Eikon and SEDI, bas

  6. Slide 6: Major Milestones Path to Production

    MAJOR MILESTONES PATH TO PRODUCTION 2018 Thesis Acquires Lawyers Gold Silver Project and beginning of modern systematic exploration 2018 Infrastructure upgrades 2020 2021 2021 Acquisition of the Established Metallurgical Ranch Gold Project First Nations studies begin and modern agreements at Ranch e

  7. Slide 7: Global Resource Estimate

    GLOBAL RESOURCE ESTIMATE Mineral MRE Growth Resource Cutoff Tonnes Au Ag Cu AuEq Au Ag Cu AuEq Area AuEq (g/t) Classification (k) (g/t) (g/t) (%) (g/t) (koz) (Moz) (kt) (koz) Pit-Constrained Mineral Resource Estimate 6 Measured 35,987 1.1 38.5 – 1.58 1,268 44.5 – 1,825 4,705,000 oz Indicated 40,406

  8. Slide 8: Lawyers Resource

    LAWYERS RESOURCE N Road to Ranch Project Waste Rock Proposed Mill AGB RANCH PROJECT Cliff Creek LAWYERS PROJECT 1.8 km STURDEE AIRSTRIP m 1.7 k Dukes Ridge Tailings Mineral Resource Cutoff Tonnes Au Ag Cu AuEq Au Ag Cu AuEq Area AuEq (g/t) Classification (k) (g/t) (g/t) (%) (g/t) (koz) (Moz) (kt) (k

  9. Slide 9: Ranch Resource

    RANCH RESOURCE Mineral Resource Cutoff Tonnes Au Ag Cu AuEq Au Ag Cu AuEq RANCH PROJECT Area AuEq (g/t) Classification (k) (g/t) (g/t) (%) (g/t) (koz) (Moz) (kt) (koz) Pit-Constrained Mineral Resource Estimate N Indicated 4,259 2.01 9.5 0.06 2.21 275 1.3 3 303 Ranch 0.4 LAWYERS PROJECT Inferred 5,20

  10. Slide 10: Near Term Catalyst Updated PEA

    NEAR TERM CATALYST UPDATED PEA Q3 2024 PEA OBJECTIVES Mineable Resource & Conversion Early Annual Production NPV, IRR, and Payback POTENTIAL FOR HIGHER GRADE IN EARLY LOM OUT-OF-PIT Lawyers HIGHER-GRADE Ranch 1.5 g/t AuEq cutoff 243 koz AuEq (M&I) at 3.32 g/t AuEq APRIL 2024 4.0 Moz AuEq (M&I) 130 k

  11. Slide 11: Ranch Blue Sky Potential

    RANCH BLUE SKY POTENTIAL PIPELINE OF GROWTH N 40 km structurally controlled 2 high sulfidation epithermal system Tuff Peak containing: THESIS STRUCTURAL BONANZA CORRIDOR RIDGE esource zones remain R open for growth BBX Golden Furlong Early-stage discoveries at JK Steve and JK Alberts Hump BONANZA Ne

  12. Slide 12: Ranch High Sulphidation Comparison

    RANCH HIGH SULPHIDATION COMPARISON RANCH PROJECT SUMMITVILLE PIERINA OZERNOVSKOYE 0.7 Moz Au 0.7 Moz Au 7 Moz Au < 1 Moz Au No Outcrop EL INDIO YANACOCHA 8 Moz Au > 45 Moz Au ALTERATION SIPAN SAUZAL 1 Moz Au 3 Moz Au Silicic Silicic ± Alunite Advanced Argillic MINASNIOC Argillic < 1 Moz Au Propyliti

  13. Slide 13: Ranch Style Mineralization

    RANCH STYLE MINERALIZATION Epithermal mineralization RANCH STYLE LAWYERS STYLE may be associated with a MINERALIZATION MINERALIZATION larger porphyry system at depth Lithocap Environment Future exploration aims to understand the porphyry potential on a district scale High-Sulphidation State Minerali

  14. Slide 14: Management and Board Overview

    MANAGEMENT AND BOARD OVERVIEW Ewan Webster Ian Harris Sean Mager CEO and President COO CFO Registered geoscientist in British +25 years in mining sector, mining +25 years mining sector, former Columbia, holds a PhD in geology, engineer. Served as CEO and director CFO & COO at Brilliant Resources and

  15. Slide 15: Environmental, Social, and Governance

    ENVIRONMENTAL, SOCIAL, AND GOVERNANCE Together we established exploration, Together we initiated baseline engagement and communications environmental studies as part agreements with our partner Nations of permitting hesis is providing employment, T ildlife monitoring and W training and contracting o

  16. Slide 16: TSX-V: TAU

    VANCOUVER OFFICE 1111 West Hastings Street, Suite 780 Vancouver, BC, Canada V6E 2J3 EWAN WEBSTER DAVE BURWELL TSX-V TAU President, CEO & Director Vice President Corporate Development ewanw@thesisgold.com +1 403-410-7907 daveb@thesisgold.com thesisgold.com

Thesis Gold — Investor Presentation (April 2024) on 6ix