Thesis Gold Inc. Report | Page 8

THESIS GOLD INC.
What is open source mining? The framework that sits beneath Thesis’ work at Lawyers-Ranch is something Stephen calls“ open source mining”. The term is borrowed from software development, where open source describes systems built on freely shared, publicly accessible code.
In the context of mining, it means something more radical than it might initially sound. It is, in essence, a commitment to sharing operational performance data like environmental monitoring, safety statistics and project execution metrics, with host communities, regulators and investors in real time, rather than managing what information is released and when.
“ Mining is sometimes awfully good at hiding,” Stephen says bluntly.“ That can include, at times, hiding even from ourselves, in terms of surfacing problems.”
Stephen and the team at Thesis want to be different.“ We are going to allow permissionless flow of information – between disciplines, through all channels and all levels of the organisation,” he explains.
Stephen’ s inspiration for this is the mining industry’ s own record on health and safety. While mining continues to have elevated health and safety risks compared to many work places, injury and fatality rates on mining sites were, by any historical measure,
8 July 2026