Dr. Ewan Webster reports

THESIS GOLD APPOINTS WILLIAM (BILL) LYTLE AS NON-EXECUTIVE CHAIRMAN

Thesis Gold Inc. has appointed William (Bill) Lytle as non-executive chairman of the board.

Dr. Ewan Webster, president and chief executive officer, shared: "On behalf of the board, I would like to warmly welcome Bill to the board. With an impressive track record and currently the senior vice-president and chief operating officer of B2Gold Corp., Bill brings unparalleled expertise in managing mining and engineering operations from development to closure. His extensive experience in overseeing engineering due diligence, construction and operations aligns seamlessly with our vision for growth and success and will be a welcome addition to the board."

About Mr. Lytle

Mr. Lytle is currently the senior vice-president and chief operating officer of B2Gold. Mr. Lytle manages all mining and engineering operational activities from acquisitions through closure and co-ordinates engineering teams for due diligence, acquisitions, engineering, construction, operations and closure while ensuring compliance with B2Gold's sustainability, HSE (health, safety and environment), supply chain and IT (information technology) functions.

Mr. Lytle originally joined the Bema Gold team in 1998, working on the Kupol and Julietta projects, and later became the vice-president of environmental, health, safety and permitting for B2Gold. Mr. Lytle advanced to the role of country manager for B2Gold Namibia, overseeing the Otjikoto mine construction and the transition into operations, and he was promoted to vice-president, Africa, in 2014, during which time he oversaw the mine construction at the Fekola project. In February, 2016, Mr. Lytle was promoted to senior vice-president, operations, and, ultimately, chief operating officer. In these various roles, Mr. Lytle has been instrumental in B2Gold's dramatic growth and resulting success over the years. He is currently working closely with the construction team to bring the Goose project (Nunavut, Canada) into production. Mr. Lytle has a BSc in chemical engineering and an MSc in civil engineering and is a registered professional engineer (Colorado, United States).

About Thesis Gold Inc.

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. A 2022 preliminary economic assessment for the Lawyers project alone projected an open-pit mining operation yielding an average of 163,000 gold equivalent ounces annually over a 12-year span. By integrating the Ranch project, the company aims to enhance the economics and bolster the overall project's potential. Central to this ambition is the expansive 2023 drill program, which aims to define the high-grade underground resource at Lawyers and augment the near-surface high-grade deposits at Ranch. The company's road map includes releasing a combined Ranch-Lawyers resource estimate by Q2 2024, with an updated preliminary economic assessment slated for Q3 2024. Through these strategic moves, Thesis Gold aspires to elevate the Ranch-Lawyers project to the forefront of global precious metal ventures.

We seek Safe Harbor.