Thesis Gold continues to confirm itself as one of North America’s most impressive gold-silver development plays. With today’s (Dec. 1) release of their PFS, Thesis has become even more impressive, demonstrating how powerful their Lawyers-Ranch project is amidst record gold prices. The boilerplate economics are fantastic (and were built using $2900 spot with gold well above $4000) demonstrating full well just how much blue sky potential this gold run has created for top-tier gold stories. I sit down with Ewan to dig in past the headline numbers, discussing the mine plan and its underlying assumptions, Thesis’ decision-making processes, their engineering firm, and future strategies.

Time Stamps

00:30 Ewan’s Intro to the PFS

03:00 Ausenco as lead for PFS

05:00 Was high gold price primary motivator behind the adjustments (bigger, lower grade)

07:00 4.5m oz in the resource and 3.2m oz in reserves – where are those ounces gone?

09:00 Is the next step for Thesis increasing scale?

12:30 Costs - $46.49/tonne

17:00 FS Discussion – When, how much cost?

22:00 What drilling will you conduct next year.

24:00 Final Thoughts

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