Thesis Gold Inc. announced the commencement of a fully-funded exploration program that will include up to 50,000 metres of core drilling at the company's 178km2 Ranch Gold-Copper Project (the "Property"), located in the Golden Horseshoe of north-central British Columbia, Canada. The Company is now completing camp upgrades that will increase exploration efficiencies and streamline core processing to accommodate an increase to four core drilling rigs and additional personnel for substantial follow-up surface work. Planned exploration program highlights: Fully funded for 50,000 metres of diamond drilling, including: Expansion drilling targeting 2021 discovery zones and along-strike extensions at the Thesis II, Thesis III, Bingo, and JK areas, as well as extending other areas of known mineralization at Bonanza and Ridge.

Exploration drilling targeting anomalous areas generated during the 2021 surface exploration program, including kilometer-scale epithermal and porphyry targets at the Alberts Hump and Patti-Steve zones. Detailed ground magnetic surveys to expand strike lengths of known mineralized northwest- and northeast-trending structural corridors: 8.7km2 planned over two survey areas at 100-metre line spacing. An expansive bedrock lithology and alteration mapping program is planned to contextualize known anomalies and delineate favorable stratigraphy coincident with mineralization indicators in other datasets.

The mapping campaign will also include a robust structural mapping component to better understand relative timing of faults and structural controls on mineralization. Sizeable soil and rock grab sampling programs are planned to generate new target areas and extend open anomalies: Up to 4,000 soil samples planned to expand on existing anomalies and generate additional epithermal and porphyry drill targets, approximately 500 rock grab samples anticipated in a large prospecting program occurring in conjunction with detailed bedrock mapping.