Thesis Gold Inc. Report | Page 19

THESIS GOLD INC.
The road to construction The environmental assessment for the Lawyers-Ranch project was formally initiated in December 2025. In Canada, such assessments for major mining projects are lengthy, multi-year processes with many a milestone to be reached. Thesis expects to submit a detailed project description – one of the earliest formal stages in the process – in Q3 2026, while the full assessment is expected to run through 2027 and into 2028.
Running in parallel, the company is also advancing towards a full feasibility study. A feasibility study is the definitive technical and financial document required before a construction decision can be taken, providing a detailed estimate of engineering design, project costs and expected returns. The feasibility study is expected to commence later in 2026, with a target completion date at the end of 2027. All being well, Thesis is aiming to begin construction in 2029.“ Some would say that’ s optimistic or aggressive,” Stephen acknowledges.“ And in a way that’ s true, but it’ s also achievable. So we are going to be targeting that timeline.”
But Stephen’ s ambition is not only to break ground on time. Instead, it is to arrive at that moment genuinely prepared, with community partnerships in place, the environmental management plans tried, tested and iterated and the organisation aligned around a shared way of working.
“ Our goal is to advance quickly,” he says,“ but through each of these areas, make sure that we’ re advancing at depth, so that when we arrive, we’ re ready. Not just ready to get a permit and get a shovel in the ground, but ready in the broadest, deepest sense of what ready can mean.”
thesisgoldsilver. com 19