Thesis Gold Bolsters Management Team with Strategic Appointments

Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) ("Thesis" or the "Company") has announced key appointments to strengthen its management team, effective immediately. Dr. Evan Orovan joins as Chief Geologist, bringing over 15 years of global experience in porphyry-epithermal systems and exploration strategies. Kettina Cordero has been appointed as Vice President of Investor Relations, contributing over 15 years of expertise in investor relations and corporate communications within the mining industry. These strategic moves aim to enhance Thesis Gold's technical expertise and stakeholder communications capabilities, positioning the company for continued success in advancing its projects and building shareholder value.

Dr. Orovan, a highly experienced economic geologist specializing in porphyry-epithermal systems and exploration strategies in lithocap and green rock environments, brings a wealth of global experience across leading porphyry provinces. With a Ph.D. in Economic Geology from the University of Tasmania's Centre of Excellence in Ore Deposits (CODES), Dr. Orovan is recognized as an expert in his field, having served as Guest Editor for three special issues in Economic Geology and is an inaugural Editorial Board member for SEG Discovery. His extensive expertise includes leading teams in economic geology research, managing critical mineral systems projects, and overseeing exploration initiatives on world-class deposits. Dr. Orovan's appointment is expected to significantly enhance Thesis Gold's technical expertise and drive the advancement of the Lawyers-Ranch Project in British Columbia.

Kettina Cordero, an experienced professional with over 15 years of expertise in investor relations and corporate communications within the mining industry, has held key roles with industry leaders such as Pan American Silver Corp., Alexco Resource Corp., Capstone Copper Corp., and Aris Mining Corporation. With a Diploma in Commerce and Production from Instituto Superior BBZ in Lima, Peru, and the Certified Professional Investor Relations designation from the Canadian Investor Relations Institute (CIRI) in 2012, Cordero's appointment is expected to strengthen Thesis Gold's stakeholder communications capabilities, fostering strong relationships within the investment community and effectively communicating the company's vision and milestones to shareholders. This will be instrumental in building shareholder value and positioning the company for continued success in advancing its projects.

"We are thrilled to welcome both Dr. Evan Orovan and Kettina Cordero to the Thesis Gold team," said Dr. Ewan Webster, President and CEO of Thesis Gold. "Evan brings a wealth of global expertise in economic geology and a proven track record of advancing world-class mineral projects, which will be invaluable as we continue to unlock the potential of the Lawyers-Ranch Project. Kettina's extensive experience in investor relations and her ability to foster strong relationships within the investment community will be instrumental in communicating our vision and milestones to stakeholders. Their combined expertise strengthens our team and positions us for continued success in advancing our projects and building shareholder value."

Thesis Gold, following its strategic merger with Benchmark Metals, is unlocking the combined potential of the Ranch and Lawyers Gold-Silver Projects in the Toodoggone mining district of north-central British Columbia, Canada. The 2022 Preliminary Economic Assessment for the Lawyers Project alone projected an open-pit mining operation that would yield 163,000 gold equivalent ounces annually over a 12-year span. The Company is now evaluating the integration of the Ranch project, aiming to enhance these figures and bolster the overall potential. Central to this ambition is the 50,000-metre drill program, designed to define the high-grade underground resource at Lawyers and augment the near-surface high-grade deposits at Ranch. The Company's roadmap includes the release of a global Company resource estimate by Q2 2024, followed by an updated Preliminary Economic Assessment in Q3 2024. Through these strategic initiatives, Thesis Gold aspires to rise to the forefront of global precious metals ventures.

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President Corporate Development
Email: daveb@thesisgold.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

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Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Offering, intended use of proceeds from the Offering, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements.