en.Wedoany.com Reported - Thesis Gold & Silver (TSX-V:TAU) has initiated its 2026 exploration and project advancement program at the Lawyers-Ranch gold-silver project in the Toodoggone mining district of British Columbia, Canada, aiming to complete a feasibility study for the project by the end of 2027.
The main work planned for 2026 includes approximately 20,000 meters of drilling, of which 12,000 meters will be allocated to exploration drilling in the Ranch and Ranch East areas, with the remaining approximately 8,000 meters designated for technical drilling such as geotechnical, hydrogeological, metallurgical, and geochemical studies.
The company's 2026 plan includes completing a feasibility study for Lawyers-Ranch by the end of 2027, expanding the "high-grade" mineralization within the project, and advancing regional-scale porphyry target assessments across the entire claim block. The upcoming feasibility study is based on a pre-feasibility study (PFS) released in December 2025, which outlined an open-pit and underground combined mining project with a mine life of 15 years. The pre-feasibility study results showed an after-tax net present value of $2.37 billion (CAD 3.37 billion), an after-tax internal rate of return of 54.4%, and a payback period of 1.1 years.
Ewan Webster, President and CEO of the company, stated that given the "very positive" pre-feasibility study results and the ongoing environmental assessment work, 2026 will be a "very important year" for the Lawyers-Ranch project. He noted that this year's plan aims to provide multiple value drivers for the project, including key engineering and technical studies to support the feasibility study, expanding the known high-grade gold mineralization in the Ranch area, and continuing to assess the significant porphyry mineralization potential within the larger claim area.
In the Ranch area, 12,000 meters of exploration drilling will be used to test new epithermal gold targets, expand the scope of existing mineralized zones, and evaluate deeper porphyry targets. Additionally, follow-up drilling is planned in the Steve zone, where based on 2025 drilling results, 38 meters at 3.62 g/t gold was intersected within a broad mineralized zone. The company will also advance two porphyry targets identified in 2025. Meanwhile, the 8,000-meter technical drilling program will provide critical data for mine design, slope optimization, underground development planning, water management, and mill design.
Thesis Gold & Silver plans to make an environmental assessment decision on this program in early 2029. The company is a precious metals development enterprise focused on advancing its wholly-owned Lawyers-Ranch gold-silver project in British Columbia.
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