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Thunder Gold Corp (TGOLF) is a junior exploration company with a focus on gold discovery in Canada. The company recently announced the resignation of its Corporate Secretary and the appointment of a new one. They have also engaged legal counsel to advance their exploration success at Tower Mountain, Ontario. The Tower Mountain Gold Property, adjacent to the Trans-Canada highway, has shown promising signs of a potentially significant gold discovery. Thunder Gold Corp aims to continue its exploration efforts with a multi-phase program to test their conceptual model for gold emplacement. Drilling at the Tower Mountain property has revealed widespread, low-grade gold mineralization along a significant strike length, offering a compelling exploration opportunity.
Thunder Gold Corp (OTCQB: TGOLF) has announced its 2025 exploration plans for the Tower Mountain Gold Property in Ontario. The company will conduct a 50 line-kilometre ground magnetic survey over the Tower Mountain Intrusive Complex (TMIC) to prioritize multiple gold-in-soil anomalies identified in Q4-2024.
The exploration program includes two drilling phases: Phase 1 (1,200 metres) focusing on expanding the P-Target along the eastern TMIC margin, and Phase 2 (1,800 metres) targeting the Western Contact Zone to prepare for an initial NI 43-101 mineral resource estimate.
The P-Target drilling aims to demonstrate mineralization continuity over a 400x200x100-metre volume with grades of 1.0-2.0 g/t Au. The 37-38 Target, part of Phase 2, previously yielded the property's highest grade of 963.0 g/t over 1.5 metres. The current conceptual exploration target along the western TMIC contact ranges between 40-80 million tonnes averaging 0.80-1.20 g/t Au.
Thunder Gold Corp. (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) has engaged German Mining Networks GmbH (GMN) to provide marketing and investor relations services in Europe. The agreement is for an initial three-month term at CDN$6,800 per month, with automatic renewal for successive three-month periods unless terminated by either party.
GMN currently holds no direct or indirect interest in Thunder Gold or its securities and has not been granted any stock options. The company's CEO, Wes Hanson, expressed optimism about introducing European investors to Thunder Gold's story, particularly highlighting their flagship Tower Mountain Gold Property as a potential attraction for early-stage gold exploration investment opportunities.
Thunder Gold Corp (TGOLF) has successfully closed an over-subscribed non-brokered private placement, raising $1,250,000 by issuing 20,833,333 Units at $0.06 per Unit. Each Unit includes one common share and half a warrant, with each whole warrant exercisable at $0.10 per share for 18 months.
The company paid $62,500 in finder's fees and issued 1,041,667 finder warrants. PowerOne Capital Markets acted as a finder for part of the offering. The proceeds will primarily support general working capital and advance the company's 100% owned Tower Mountain Gold Property in the Shebandowan Greenstone Belt.
Additionally, the Board approved granting 3,750,000 options to Directors and Management, exercisable at $0.10 with a 12-month expiry term.
Thunder Gold Corp (TSXV: TGOL, OTCQB: TGOLF) has announced a non-brokered private placement aiming to raise $1,250,000 through the sale of 20,833,333 units at $0.06 per unit. Each unit includes one common share and half a purchase warrant, with each whole warrant allowing the purchase of one share at $0.10 within 18 months.
The company may pay finder's fees up to 5% in cash and 5% in finder warrants, with PowerOne Capital Markets acting as a finder. The financing is expected to close around January 23, 2025. Proceeds will be used for exploration of the Tower Mountain Gold Property and working capital. Company directors and officers may participate in the financing, with appropriate exemptions from MI 61-101 requirements.
Thunder Gold Corp (TGOLF) has announced significant diamond drill core assay results from its Tower Mountain Gold Property in Ontario. Key highlights include intersections of 1.93 g/t Au over 54.2 metres, 1.77 g/t Au over 25.5 metres, and 1.42 g/t Au over 31.6 metres.
All 13 drill holes completed in the program showed sustained gold grades exceeding 0.30 g/t Au over intervals ranging from 10 to 50 metres. The mineralization starts at surface, is continuous down-dip for up to 50 metres, and remains open in all directions. The drilling program established consistent gold mineralization along a 125-metre strike length with estimated true widths ranging from 20 to 45 metres.
The company's CEO describes these as the most significant drill results at Tower Mountain in 50 years, suggesting potential for a Tier One gold discovery. The property's conceptual exploration target is estimated between 40 to 80 million tonnes averaging 0.80 to 1.20 g/t Au.
Thunder Gold Corp reports significant gold findings from channel samples at the P-Target within its Tower Mountain Gold Property in Ontario. The highlights include TMCH24-01 averaging 4.93 g/t Au over 24.87 metres (including 9.12 g/t Au over 12.66 metres) and TMCH24-02 averaging 2.78 g/t Au over 20.57 metres. Over 82% of reported channel sample intervals were above 0.30 g/t Au, showing a frequency rate three times higher than previous drill hole core samples. The company plans to complete eight shallow diamond drill holes targeting this trend, with completion expected by mid-December 2024.
Thunder Gold Corp has completed a soil sampling program at its Tower Mountain Gold Property in Ontario, revealing significant findings. The survey identified approximately 2.5 million square metres of anomalous gold, with 80% of anomalies occurring within 500 metres of the Tower Mountain Intrusive Complex (TMIC). Notably, 66% of identified gold-in-soil anomalies represent new targets with minimal previous exploration. The survey demonstrates a direct correlation between soil and drilling results along the 1,500-metre-long western TMIC contact. Multiple soil anomalies parallel to the eastern and southern TMIC contact present compelling exploration targets, suggesting potential to triple the resource area.
Thunder Gold Corp. (TSXV: TGOL) has engaged Apaton Finance GmbH, a German financial PR and investor relations agency, to provide marketing and IR services in Europe. The two-month engagement comes with a one-time payment of EUR 10,000. Apaton holds no direct or indirect interest in Thunder Gold or its securities and has not been granted any stock options. The company aims to introduce its Tower Mountain Gold Property to European investors interested in early-stage gold exploration opportunities.
Thunder Gold Corp reports promising exploration results from its Tower Mountain Gold Property in Ontario. Surface rock samples at the P-Target yielded values between 0.75 g/t to 13.4 g/t Au within a silicified, pyrite-rich monzonite intrusive. The company has established 1,000 meters of trail access and completed 600m² of outcrop stripping, exposing a 15-meter wide mineralized zone along a 75-meter strike length. Historical sampling in the area showed results ranging from 1.58 to 27.2 g/t Au. The company has deployed a man-portable diamond drill for shallow testing, with results expected by mid-December. Additional ongoing work includes soil geochemical sampling and metallurgical studies.
Thunder Gold Corp (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) has launched an exploration program on its 100%-owned Tower Mountain Gold Property in Ontario. The program includes:
- Soil geochemical survey over 60% of the claim block
- Reconnaissance mapping and sampling of fault corridors
- Clearing and sampling of the P-Target
- Detailed metallurgical testing
The company aims to explore the Tower Mountain Intrusive Complex (TMIC) and regional structures. A conceptual exploration target of 40 to 80 million tonnes averaging 0.80 to 1.20 g/t Au has been identified. The P-Target, along the eastern TMIC contact, showed historical rock samples ranging from 1.58 to 27.2 g/t Au. Metallurgical testwork will build on previous tests that indicated gold recoveries exceeding 90%.