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Whole-project rollup at the latest vintage per category: printed project-level rows are preferred, and mining areas are summed (tonnes-weighted grade) only where the issuer prints no project-level row. Per-area and per-source detail in the Current R&R table below.
| Category | Tonnes (Mt) | Grade (g/t Au) | Contained (Moz Au) | As at |
|---|---|---|---|---|
| Measured | 51.05 Mt | 0.93 g/t | 1.53 Moz | 16 Oct 2025 |
| Indicated | 66.48 Mt | 0.85 g/t | 1.81 Moz | 16 Oct 2025 |
| Inferred | 16.23 Mt | 1.05 g/t | 0.55 Moz | 16 Oct 2025 |
| Total Resources | 57.61 Mt | 0.81 g/t | 1.50 Moz | 16 Oct 2025 |
| Proved | 33.25 Mt | 1.08 g/t | 1.16 Moz | 27 Oct 2025 |
| Probable | 42.91 Mt | 0.89 g/t | 1.23 Moz | 27 Oct 2025 |
| Total Reserves | 76.16 Mt | 0.97 g/t | 2.39 Moz | 27 Oct 2025 |
Sub-category rows are as disclosed (no Reserves-treatment netting); the Total rows honour the Resources treatment and Inferred-policy toggles, so components may not sum to the Total.
Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.
| Category | Tonnes (Mt) | Grade (g/t Ag) | Contained (Moz Ag) | As at |
|---|---|---|---|---|
| Measured | 51.05 Mt | 31.60 g/t | 51.94 Moz | 16 Oct 2025 |
| Indicated | 66.48 Mt | 21.50 g/t | 45.95 Moz | 16 Oct 2025 |
| Inferred | 16.23 Mt | 14.70 g/t | 7.67 Moz | 16 Oct 2025 |
| Total Resources | 57.61 Mt | 19.88 g/t | 36.82 Moz | 16 Oct 2025 |
| Proved |
| Category | Tonnes (Mt) | Grade (% Cu) | Contained (Mt Cu) | As at |
|---|---|---|---|---|
| Measured | 51.05 Mt | 0.00% | 0.00 Mt Cu | 16 Oct 2025 |
| Indicated | 66.48 Mt | 0.00% | 2 kt Cu | 16 Oct 2025 |
| Inferred | 16.23 Mt | 0.04% | 0.01 Mt Cu | 16 Oct 2025 |
| Total Resources | 133.76 Mt | 0.00% | 0.01 Mt Cu | 16 Oct 2025 |
| Proved | — | — | — | — |
| Probable |
Percentile of this project's current total Resource among covered peers (P100 = largest / highest grade). Basis and Inferred toggles apply.
| Area | Category | Tonnes (Mt) | Au | Ag | Cu | As at | Source | Provenance | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grade (g/t Au) | Contained (Moz Au) | Grade (g/t Ag) | Contained (Moz Ag) | Grade (% Cu) | Contained (Mt Cu) | ||||||
| Total | Measured | 51.05 Mt | 0.93 g/t | 1.53 Moz | 31.60 g/t | 51.94 Moz | 0.00% | ||||
| 36.31 g/t |
| 38.82 Moz |
| 27 Oct 2025 |
| Probable | 42.91 Mt | 21.69 g/t | 29.93 Moz | 27 Oct 2025 |
| Total Reserves | 76.16 Mt | 28.08 g/t | 68.74 Moz | 27 Oct 2025 |
Sub-category rows are as disclosed (no Reserves-treatment netting); the Total rows honour the Resources treatment and Inferred-policy toggles, so components may not sum to the Total.
Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.
| — |
| — |
| — |
| Total Reserves | — | — | — | — |
| 16 Oct 2025 |
| Table 5: Total Mineral Resource Estimate – All CombinedUnverified |
notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Total Mineral Resource Estimate – All Combined
QA notes:
|
| Total | Indicated | 66.48 Mt | 0.85 g/t | 1.81 Moz | 21.50 g/t | 45.95 Moz | 0.00% | 2 kt Cu | 16 Oct 2025 | Table 5: Total Mineral Resource Estimate – All CombinedUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Total Mineral Resource Estimate – All Combined
QA notes:
|
| Total | Inferred | 16.23 Mt | 1.05 g/t | 0.55 Moz | 14.70 g/t | 7.67 Moz | 0.04% | 0.01 Mt Cu | 16 Oct 2025 | Table 5: Total Mineral Resource Estimate – All CombinedUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Total Mineral Resource Estimate – All Combined
QA notes:
|
| Total | Total Resources | 57.61–133.76 Mt | 0.81 g/t | 1.50 Moz | 19.88 g/t | 36.82 Moz | 0.00% | 0.01 Mt Cu | 16 Oct 2025 | derived from 3 rows | — |
| Lawyers Area Open Pit | Measured | 50.67 Mt | 0.91 g/t | 1.48 Moz | 31.90 g/t | 51.92 Moz | 0.00% | 0.00 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers Area
|
| Lawyers Area Open Pit | Indicated | 61.78 Mt | 0.77 g/t | 1.53 Moz | 21.00 g/t | 41.74 Moz | 0.00% | 0.00 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers Area
|
| Lawyers Area Open Pit | Inferred | 8.58 Mt | 0.59 g/t | 0.16 Moz | 16.30 g/t | 4.51 Moz | 0.00% | 0.00 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Lawyers Area
|
| Lawyers Area Underground | Indicated | 1.17 Mt | 2.20 g/t | 0.08 Moz | 81.50 g/t | 3.07 Moz | 0.00% | 0.00 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Out-of-Pit, Lawyers AreaUnverified | notes (4)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Out-of-Pit, Lawyers Area
QA notes:
|
| Lawyers Area Underground | Inferred | 1.33 Mt | 1.72 g/t | 0.07 Moz | 51.70 g/t | 2.22 Moz | 0.00% | 0.00 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Out-of-Pit, Lawyers AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Out-of-Pit, Lawyers Area
|
| Ranch Area Open Pit | Measured | 0.38 Mt | 3.91 g/t | 0.05 Moz | 1.30 g/t | 0.02 Moz | 0.02% | 0.08 kt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch Area
|
| Ranch Area Open Pit | Indicated | 3.50 Mt | 1.77 g/t | 0.20 Moz | 10.10 g/t | 1.14 Moz | 0.06% | 2 kt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch AreaUnverified | notes (3)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch Area
|
| Ranch Area Open Pit | Inferred | 5.79 Mt | 1.50 g/t | 0.28 Moz | 4.70 g/t | 0.88 Moz | 0.10% | 0.01 Mt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch AreaUnverified | notes (4)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Pit-Constrained, Ranch Area
QA notes:
|
| Ranch Area Underground | Indicated | 0.03 Mt | 1.89 g/t | 2 koz | 6.60 g/t | 0.01 Moz | 0.09% | 0.02 kt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Out-of-Pit, Ranch AreaUnverified | notes (4)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Out-of-Pit, Ranch Area
QA notes:
|
| Ranch Area Underground | Inferred | 0.53 Mt | 1.80 g/t | 0.03 Moz | 4.20 g/t | 0.07 Moz | 0.16% | 1 kt Cu | 16 Oct 2025 | Table 5: Mineral Resource Estimate – Out-of-Pit, Ranch AreaUnverified | notes (4)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025 Ref: Table 5: Mineral Resource Estimate – Out-of-Pit, Ranch Area
QA notes:
|
| Area | Category | Tonnes (Mt) | Au | Ag | Cu | As at | Source | Provenance | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grade (g/t Au) | Contained (Moz Au) | Grade (g/t Ag) | Contained (Moz Ag) | Grade (% Cu) | Contained (Mt Cu) | ||||||
| Total | Proved | 33.25 Mt | 1.08 g/t | 1.16 Moz | 36.31 g/t | 38.82 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2)Source: Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRR · published 01 Dec 2025
QA notes:
|
| Total | Probable | 42.91 Mt | 0.89 g/t | 1.23 Moz | 21.69 g/t | 29.93 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | |
| Total | Total Reserves | 76.16 Mt | 0.97 g/t | 2.39 Moz | 28.08 g/t | 68.74 Moz | — | — | 27 Oct 2025 | 2025 PFS Highlights — Mineral ReserveUnverified | notes (2) |
| Lawyers Area Open Pit | Proved | 31.58 Mt | 0.97 g/t | 0.99 Moz | 33.45 g/t | 33.97 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
| Lawyers Area Open Pit | Probable | 39.66 Mt | 0.79 g/t | 1.01 Moz | 20.16 g/t | 25.71 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
| Lawyers Area Underground | Proved | 1.30 Mt | 2.96 g/t | 0.12 Moz | 115.68 g/t | 4.84 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
| Lawyers Area Underground | Probable | 1.11 Mt | 3.08 g/t | 0.11 Moz | 95.55 g/t | 3.42 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
| Ranch Area Open Pit | Proved | 0.37 Mt | 3.66 g/t | 0.04 Moz | 1.11 g/t | 0.01 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
| Ranch Area Open Pit | Probable | 2.13 Mt | 1.65 g/t | 0.11 Moz | 11.69 g/t | 0.80 Moz | — | — | 27 Oct 2025 | Thesis Gold Announces Positive Prefeasibility Study for Lawyers-Ranch Project: After-Tax NPV5% of $2.37 Billion and 54.4% IRRUnverified | notes (2) |
Rows are hierarchical, not additive — do not sum a column across rows. Whole-project rows (Area “Total”) already contain the indented named-area rows beneath them, and an issuer's printed per-deposit total can itself contain other listed areas. All derived totals and rollups on this site already exclude the overlapping rows.
Dotted Total-row tonnes/grade are derived under the active Resources treatment: tonnes netted of (or grossed by) the reserve tonnage alongside contained, grade re-derived as netted contained ÷ netted tonnes — not the published figures.