Thesis Gold Inc. reported all remaining assay results from the 2023 drill program at the Company's 100% owned Ranch Project. The Ranch Project is road-accessible by way of the Company's Lawyers Gold-Silver Project, and together the two projects form a contiguous, 325 km2 land package in the prolific Toodoggone Mining District in northern British Columbia. Highlights.

Near-Surface Mineralization: Significant portions of the mineralization at Bingo lie within or just below 50 vertical metres (m) from surface. High-Grade Intercepts including: Drillhole 23BNGDD024 returned 20.00 m of 8.46 grams per tonne (g/t) gold (Au), 36.96 g/t silver (Ag), and 1.72% copper (Cu), or 11.55 g/t gold equivalent (AuEq) Drillhole 23BNGDD029 returned 38.90 m of 2.79 g/t Au, 4.79 g/t Ag, and 0.58% Cu, or 3.73 g/t AuEq. High-grade mineralization is associated with zones of massive enargite and chalcopyrite copper mineralization.

Increased Deposit Footprint: In 2023, Thesis doubled the number of metres that had previously been drilled at the Bingo zone. Drilling has substantially increased the footprint of mineralization and suggests significant expansion potential in undrilled areas with similar geophysical signatures. Geological Insight: The discovery of key controls on mineralization related to intersecting NWSE, NNW-SSE, N-S, and NE-SW faults enhances targeting strategy for future drilling.

Copper Potential: The consistent presence of high-grade copper not only potentially enhances the project's overall value but could also indicates proximity to a potential porphyry system. Copper mineralization will become a key focus for advancing understanding of the mineralizing system, and optimizing targeted exploration at Ranch. Strategic Alignment: These results align with 2023 strategic objectives for the Ranch Project, demonstrating the potential for significant near-surface mineralization and continuation at-depth.

The expansion of the Bingo Zone not only enhances the project's upside but also solidifies path towards updating the mineral resource estimate (second quarter 2024) and subsequent updated PEA (third quarter 2024). The Bingo Zone marks the northernmost tested extent of the Thesis Structural Corridor. The Thesis Corridor is a >1.5-km-long structural zone that contains intersecting NW, N-S, andNE faults associated with property-scale lineaments evident in both topography and in multiple geophysical datasets.

In the Bingo Zone and the rest of the Thesis Structural corridor, there is no little exposed outcrop, so targeting efforts relied exclusively on historical drilling, trenching, geophysics, and soil geochemistry.