Thesis Gold Inc. announced the receipt of an amended Mines Act permit (the "Permit") for the Ranch Gold Project, located in a road accessible region of the Golden Horseshoe in north-central British Columbia, Canada. Amendment Highlights Permitted Drilling Sites increased to 500 from 250. Modification of Ranch Road: 20km of existing access road is now permitted for refurbishment, facilitating more efficient exploration.

Exploration Access Construction: Up to 20km of access trails for drill site access within the work area now permissible. Substantial increases to permitted Work Related Structures: Includes living accommodations, core processing facilities, and office facilities. The amended permit conditions will allow the Company to streamline operations significantly and ramp up exploration activities.

The reactivation of the Ranch Road, which provides year-round road access to the project area, should significantly reduce mobilization costs and allow for the Company to utilize resources more efficiently in pursuit of additional discoveries. Additional camp infrastructure, including core processing facilities, enables several economies of scale via the ability to house more personnel and process significantly more drill core in support of an increased number of drill rigs. The Company currently has 4 diamond drill rigs operating at Ranch, working on testing extensions to the known zones of mineralization in addition to drilling a number of new, multi-kilometre scale targets that share all of the same geophysical and geochemical characteristics as the known zones of mineralization.

During the summer program the Company has so far completed 5,200 metres of drilling from 25 holes.