Meet global mining companies in New York
Stage of Development: Development, Exploration
Commodity: Gold, Silver
Country/Region: Canada
Market Cap: USD 583M
Website: Thesis Gold & Silver
Thesis Gold & Silver Inc. is Canadian precious metals development company focused on advancing its 100%-owned Lawyers-Ranch Gold-Silver Project in British Columbia’s prolific Toodoggone Mining District, one of North America’s most prospective emerging precious-metals districts. Lawyers-Ranch hosts a large, high-quality gold equivalent Mineral Resource with meaningful exposure to silver, which represents a significant component of the Project and long-term value proposition.
Thesis Gold & Silver is advancing Lawyers-Ranch through feasibility, permitting, and continued exploration, with the objective of unlocking long-term value for shareholders and stakeholders.
Rationale for taking part in 121
We are interested in meeting investors looking for exposure to a high-quality gold-silver project with a clear path through permitting and development and would buy shares in the market
Recent news to highlight
The company published a PFS for the Lawyers-Ranch project in December 2025: After-tax NPV5% C$2.4B, After-tax IRR of 54.4% and AISC of $1,185/oz AuEq. Thesis also stated the Environmental Assessment (EA) in December 2025.
Management Profile
Ewan Webster, PhD., P.Geo – PRESIDENT, CEO & DIRECTOR
Ewan is an exploration geologist who has worked for a number of public companies in North and South America, on a variety of different deposit types. He holds a First-Class Honours degree in geology from the University of Glasgow, Scotland, a Geoscience B.C funded PhD from the University of Calgary and is a registered professional geoscientist in British Columbia. His PhD research focused on unraveling aspects of the structure, stratigraphy, tectonics, and metamorphism of southeastern British Columbia.
What is your rationale for taking part in 121 Mining Investment?
We are looking for access to new investors. Investors that will come into the market and potentially invest in the next financing round.
What recent news would you like to highlight to investors attending?
Sept. 5 – Thesis Gold Updated PEA for Lawyers-Ranch Project: After-Tax NPV5% of C$1.28 Billion, IRR of 35.2% and 2.0 Year Payback
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Begin 2026 drilling program to continue expanding high-grade mineralization at Ranch and test deep porphyry targets
6 Months:
Award Feasibility Study and release initial 2026 drilling program results
12 Months:
Advance EA process and Feasibility Study
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Permitting timeline
What do you think makes your company such a compelling investment?
Thesis owns a high-quality gold/silver development project with outstanding economics and significant exploration and economic upside in a premier mining jurisdiction.
What are the top 3 key investor takeaways?
1. Large gold/silver project with 4.7Moz AuEq M+I Mineral Resource - including 100 Moz Ag - with significant exploration upside, located in a premier mining jurisdiction
2. Low capex, long mine-life and exceptional economics with upside to rising Au and Ag prices
3. Clear pathway through permitting and development