Thesis Gold Inc. reported all remaining assay results from the 2023 drill program at the Company's 100% owned Lawyers Project. The 2023 drilling campaign was strategically designed to enhance the project's value, predominantly exploring depth extensions of the mineralized zones that may be suitable for bulk tonnage underground mining methods. The results from this focused drilling campaign have not only met its objectives, but also indicate potential for expanding the estimated resource in the forthcoming updated Mineral Resource Estimate (MRE).

These findings will be incorporated into the subsequent updated Preliminary Economic Assessment (PEA) to establish the economic framework for the potential mineable portion of the resource. The Company's road-accessible Lawyers Gold-Silver Project, and adjacent Ranch Project form a contiguous, 325 km2 land package in the prolific Toodoggone Mining District in northern British Columbia. The focus of the 2023 drill program was to infill previously delineated mineralization and confirm the continuity of deeper gold-silver mineralization at Cliff Creek and Dukes Ridge Deposits Successful infill drilling has established numerous pierce points that have the potential to upgrade resource classification into the Measured and Indicated categories.

Results from the 2023 program also demonstrate continuity of deeper mineralized zones at both Cliff Creek and Dukes Ridge to depths of over 540 and 400 vertical metres, respectively. These deeper intercepts are consistent with geological modelling and fall in-line with stope models, meaning they have the potential to be combined with previously established deeper mineralized zones that may be included in an underground mining scenario in economic studies expected later this year.