Thesis Gold & Silver Inc. · TSXV:TAU
Thesis Gold & Silver — Thesis Gold — Merger or Acquisition (June 2023)
14 slides from Thesis Gold & Silver's merger presentation, June 2023
Slide 1: Creating a Leading Precious Metals Project in British Columbia
& Creating A LEADING June 2023 PRECIOUS METALS PROJECT TSX/V TAU in British Columbia OTCQX THSGF Combining Thesis Gold WKN A2QQ0Y and Benchmark Metals
Slide 2: Disclaimer and Cautionary Notes
DISCLAIMER AND CAUTIONARY NOTES FORWARD-LOOKING STATEMENTS & This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”,
Slide 3: Accelerating Growth in BC's Next Major Mining District – The Toodoggone
ACCELERATING GROWTH IN BC’S NEXT MAJOR & MINING DISTRICT – THE TOODOGGONE N District scale land package - 325 km2 Mining friendly and safe jurisdiction TECK Toodoggone District Schaft Creek ne of the largest Gold-Silver Projects in O NEWCREST Canada with significant growth potential TECK/NEWMONT Red
Slide 4: Transaction Opportunity
TRANSACTION OPPORTUNITY & SCALE TEAM Creates a larger scale precious metals development onsolidates the strengths and capabilities of two C and exploration company in British Columbia prominent teams in the gold mining sector to achieve a shared objective of maximizing returns for investors inks the
Slide 5: Transaction Summary
TRANSACTION SUMMARY & CONSIDERATION & SHARE CONSOLIDATION PROPOSED TRANSACTION hesis shareholders will receive 2.5584 of a common share of T Benchmark per Thesis Share A cquisition by Benchmark of all of the issued and outstanding securities of Thesis Gold E xisting shareholders of Benchmark and The
Slide 6: Transaction Mechanics and Shareholders Capitalization
TRANSACTION MECHANICS & AND SHAREHOLDERS CAPITALIZATION Exchange Ratio Calculation3 Ownership PRO FORMA OWNERSHIP 1 THESIS SHARE STRUCTURE Stand Alone Pro-Forma BENCHMARK SHARE STRUCTURE Stand Alone Pro-Forma Basic Shares Outstanding 65,072,346 64,031,626 Basic Shares Outstanding 254,055,654 97,713,
Slide 7: Management & Board Overview
MANAGEMENT & BOARD OVERVIEW & Ewan Webster Ian Harris Sean Mager CEO and President COO CFO +10 years professional expertise +20 years mining sector, leading +25 years mining sector, former in the mining industry, specializing worldwide mining projects from CFO & COO at Brilliant Resources in explora
Slide 8: Ranch Project Overview
RANCH PROJECT OVERVIEW & 100% 180 km2 20+ 90-98% 2023 Owned by Ranch project Near Surface Gold recovery using Drill program Thesis Gold epithermal gold low cost, conventional expected to start deposits & prospects extraction method in late June onfirmed near-surface high-grade gold C * Zones that ha
Slide 9: Lawyers Project Overview
LAWYERS PROJECT OVERVIEW & 12-Year LOM US$ 786/ Au oz 1,950koz / C$589 M 2.8-year at 163k LOM AISC 163koz AuEq After Tax NPV 5% Payback AuEq/year (net of byproducts) Total/ Avg. LOM 24.1 % After-Tax Production After Tax IRR August 2022 PEA Indicates a long mine Life, capital light development and e
Slide 10: Strong Foundation: Path to Growth
STRONG FOUNDATION: PATH TO GROWTH & LAWYERS PEA ANNUAL PAYABLE METAL Opportunity to introduce Targeting 200 Koz per 300 high grade Au and Ag in earlier stages year and of the mine schedule longer mine life 250 Payable Metal (AuEq* koz) 200 TARGET 150 100 50 - Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Y12 *
Slide 11: Clear Pathway to Creating Value
CLEAR PATHWAY TO CREATING VALUE & Define Lawyers Lawyers Underground Define Ranch New Combined Exploration PEA Summary Ounces Open Pit Ounces PEA Upside New Combined Resource 20+ High-Quality Drill-Ready Targeting Exploration Targets Increased production Underground Open-Pit High grade starter pits
Slide 12: Project Timelines & Near Term Catalysts
PROJECT TIMELINES & NEAR TERM CATALYSTS Combined company set to hit key milestones in the next 12 months & 2023 2024 Q2 Q3 Q4 Q1 Q2 Q3 Q4 UPDATED PEA UPDATED RESOURCE Combining 2021 PEA + Ranch and Focus is to update the PEA to Updated resources includ- u/g oz from Lawyers include Ranch and undergro
Slide 13: Environmental, Social, and Governance
ENVIRONMENTAL, SOCIAL, AND GOVERNANCE & Together we established exploration, Together we initiated engagement and communications baseline environmental agreements with our partner Nations studies as part of permitting oth Benchmark & Thesis are B Wildlife monitoring and & providing employment, train
Slide 14: Vancouver Office – Ewan Webster, Dave Burwell
& VANCOUVER OFFICE 111 West Hastings Street, Suite 780 Vancouver, BC, Canada V6E 2J3 EWAN WEBSTER DAVE BURWELL President, CEO & Director Vice President Corporate Development ewanw@thesisgold.com +1 (403)-410-7907 daveb@thesisgold.com