GoldHaven Scales Up Its Hunt for the Next Big BC Discovery

The most recent news release (May 29 2026) describes an expanded airborne geophysical survey by GoldHaven Resources Corp. at its Magno Project in northern British Columbia. It details a 30% increase in line‑kilometres for a QMAGT survey, high‑grade surface sample results (up to 2,370 g/t Ag, 6,550 ppm W, 334 ppm In), and plans for a 5,000‑metre diamond drill program. The release names GoldHaven’s CEO, Rob Birmingham, and the survey contractor Dias Airborne. No mention of Thesis Gold & Silver or its Lawyers‑Ranch project appears anywhere in the article.

This news is completely unrelated to Thesis Gold & Silver. It pertains to a different issuer (GoldHaven, CSE: GOH) and a different mineral project. Consequently it has no financial, operational, or strategic impact on Thesis Gold & Silver. The market did not react to this news in the context of Thesis (the latest available trading data is from May 28, before the release). The news is routine and neutral for the company under analysis.

• Thesis Gold & Silver (TSX‑V: TAU) is a Canadian development‑stage mining company focused on the 100%‑owned Lawyers‑Ranch gold‑silver project in the Toodoggone Mining District of northern British Columbia.
• The project hosts a large open‑pittable and underground resource with a completed Pre‑Feasibility Study (PFS) released Dec 2025. Key PFS metrics include:
• After‑tax NPV₅% of C$2.37 billion, IRR of 54.4%, payback ~1.1 years (base case US$2,900/oz Au, US$35/oz Ag).
• Maiden Mineral Reserve of 76.16 Mt @ 0.97 g/t Au & 28 g/t Ag (AuEq 1.33 g/t).
• 15‑year mine life with average annual payable production of ~187,000 AuEq oz (first three years ~266,000 oz).
• Initial capex C$736 M, AISC US$1,185/AuEq oz. Silver contributes ~23% of revenue.
• The company is advancing toward a Feasibility Study and has initiated the Environmental Assessment process. Strategic partnerships with AngloGold Ashanti, Centerra Gold, and local First Nations underscore the project’s credibility.