Thunder Gold Reports Multiple Surface Rock Samples up to 13.2 g/t Au at the 100%-Owned Tower Mountain Gold Property in Ontario
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 riporta risultati promettenti dalle esplorazioni nel suo Proprietà aurifera Tower Mountain in Ontario. I campioni di roccia superficiale al P-Target hanno fornito valori compresi tra 0,75 g/t e 13,4 g/t Au all'interno di un'intrusione monzonitica silicificata e ricca di pirite. L'azienda ha stabilito 1.000 metri di accesso a sentieri e completato 600m² di strippaggio di affioramenti, esponendo una zona mineralizzata larga 15 metri lungo un'estensione di 75 metri. I campionamenti storici nell'area hanno mostrato risultati compresi tra 1,58 e 27,2 g/t Au. L'azienda ha utilizzato un trapano a diamante portatile per test superficiali, con risultati attesi entro metà dicembre. Ulteriori lavori in corso includono campionamenti geochimici del suolo e studi metallurgici.
Thunder Gold Corp informa sobre resultados de exploración prometedores de su Propiedad de Oro Tower Mountain en Ontario. Las muestras de roca en superficie en el P-Target arrojaron valores entre 0.75 g/t y 13.4 g/t Au dentro de una intrusión monzonítica silicificada y rica en pirita. La empresa ha establecido 1,000 metros de acceso a senderos y ha completado 600m² de desbroce de afloramientos, exponiendo una zona mineralizada de 15 metros de ancho a lo largo de una extensión de 75 metros. Muestreos históricos en el área mostraron resultados que varían entre 1.58 y 27.2 g/t Au. La compañía ha desplegado un taladro de diamante portátil para pruebas superficiales, y se esperan resultados para mediados de diciembre. Los trabajos adicionales en curso incluyen muestreo geoc químico del suelo y estudios metalúrgicos.
Thunder Gold Corp는 온타리오에 위치한 타워 마운틴 금 속성에서 유망한 탐사 결과를 보고했습니다. P-타겟에서의 지표 암석 샘플은 황철 광물이 풍부한 규질의 몬조나이트 내부에서 0.75 g/t에서 13.4 g/t Au 사이의 값을 생성했습니다. 회사는 1,000미터의 도로 접근성을 확보하고, 600m²의 노출 제거 작업을 완료하여 75미터의 연장선에 걸쳐 15미터 폭의 광물화된 구역을 드러냈습니다. 이 지역의 역사적인 샘플링 결과는 1.58에서 27.2 g/t Au 사이였습니다. 회사는 얕은 테스트를 위해 휴대용 다이아몬드 드릴을 배치했으며, 결과는 12월 중순에 예상됩니다. 추가 진행 중인 작업으로는 토양 지구화학 샘플링 및 금속학적 연구가 포함됩니다.
Thunder Gold Corp rapporte des résultats d'exploration prometteurs de sa Propriété Aurifère Tower Mountain en Ontario. Les échantillons de roche en surface ciblant le P-Target ont produit des valeurs comprises entre 0,75 g/t et 13,4 g/t Au à l'intérieur d'une intrusion de monzonite silicifiée et riche en pyrite. L'entreprise a établi 1 000 mètres d'accès par sentier et a complété 600m² d'enlèvement d'affleurements, exposant une zone minéralisée de 15 mètres de large le long d'un coup de 75 mètres. Des échantillonnages historiques dans la région ont montré des résultats allant de 1,58 à 27,2 g/t Au. L'entreprise a déployé un foreur à diamant portatif pour des tests peu profonds, avec des résultats attendus d'ici la mi-décembre. D'autres travaux en cours comprennent des échantillons géochimiques de sol et des études métallurgiques.
Thunder Gold Corp berichtet über vielversprechende Explorationsergebnisse von seiner Tower Mountain Gold-Immobilie in Ontario. Oberflächenproben am P-Target ergaben Werte zwischen 0,75 g/t und 13,4 g/t Au innerhalb eines silicified, pyritreichen Monzonit-Intrusivgesteins. Das Unternehmen hat 1.000 Meter Zugangspfade eingerichtet und 600m² Freilegen von Aufschlüssen abgeschlossen, wodurch eine 15 Meter breite mineralisierte Zone über eine Strike-Länge von 75 Metern freigelegt wurde. Historische Probenahmen in der Gegend zeigten Ergebnisse von 1,58 bis 27,2 g/t Au. Das Unternehmen hat einen tragbaren Diamantbohrer für flache Tests eingesetzt, dessen Ergebnisse bis Mitte Dezember erwartet werden. Zu den weiteren laufenden Arbeiten gehören geochemische Bodenprobenahmen und metallurgische Untersuchungen.
- High-grade gold samples up to 13.4 g/t Au discovered at P-Target
- Historical sampling showed promising results averaging ~6.0 g/t Au
- Exposed mineralized zone spans 15-meter width across 75-meter strike length
- 100% ownership of the 2,500-hectare property
- None.
Thunder Bay, Ontario--(Newsfile Corp. - November 5, 2024) - Thunder Gold Corp (formerly White Metal Resources Corp) (TSXV: TGOL) (FSE: Z25) (OTCQB: TGOLF) ("Thunder Gold" or the "Company") is pleased to provide the following update on exploration activity at its
Highlights:
- Surface rock samples have returned values ranging from 0.75 g/t to 13.4 g/t Au within a silicified, pyrite rich monzonite intrusive at the P-Target (P Zone), along the eastern contact of the Tower Mountain Intrusive Complex ("TMIC").
- 1,000 metres of trail access to the P-Target has been established.
- 600m2 of outcrop has been stripped and 65 linear metres of trenching have been completed at the P-Target exposing a 15-metre wide mineralized and silicified monzonite along an interpreted 75-metre strike length.
- Detailed mapping and continuous saw-cut channel sampling of the P-Target is complete, and assay results are pending.
- A man-portable diamond drill has been mobilized and a series of shallow drill holes are underway, testing the P-Target below the cut channel samples.
- Soil geochemical sampling over
60% of the100% owned claim bock (1,500 ha) is complete and assay results are expected in November. - Reconnaissance mapping and sampling of the Thunder Lake and Crayfish fault corridors is ongoing and,
- Detailed metallurgical and mineralogical study of representative, composite samples, collected from historical drill core along the western contact of the TMIC is in progress with an estimated completion in December.
Approximately 1,000 metres of trail has been established accessing the P-Target. Historical rock sampling (by others) indicates high tenor gold in rock grab samples persist along approximately 150 metres of strike length. Historical results ranged from 1.58 to 27.2 g/t Au (averaging ~ 6.0 g/t Au). These initial results are an order-of-magnitude higher than any other surface target identified to date within the Company's
Approximately 600 square metres of outcrop has been stripped to date. Eight (8) priority rock grab samples, collected from the newly exposed mineralized monzonite returned values ranging from 0.75 g/t to 13.4 g/t Au (average 4.82 g/t Au) across an approximate 15.0 metre width perpendicular to the interpreted east-west trend defined by the historical sampling.
Detailed mapping has identified a sulphide rich silicified monzonite, elongated along an east-west axis, within a larger syenite intrusive unit. The mineralized monzonite varies from 12-15 metres in width. The mineralized intrusive is truncated to the west by a later gabbroic intrusive but the historical surface rock grab samples suggest that the mineralized monzonite may continue to the west beyond the exposed gabbro. To the east, a 65-metre-long trench completed 50 metres to the southeast of the stripped outcrop, intersected the southern contact of the mineralized monzonite, suggesting a strike length of 75 metres. (REF. FIGURE 1.0).
Figure 1.0 - P Zone Geology with Historical and 2024 Rock Sample Results
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Three (3) parallel, continuous, saw-cut channel sample lines have been completed. The channels are oriented perpendicular to the observed strike of the mineralized monzonite. Assay results are expected by the end of November. Based on the promising visual observations, the Company has deployed the recently purchased, man-portable diamond drill to complete shallow holes under the P-target channel samples. The current plan is to complete a series of shallow holes (less than 40 metres depth), probing the mineralized monzonite below the channel samples. Drilling will continue until cold weather affects drilling productivity.
Wes Hanson, President and CEO stated, "We made the decision to deploy capital from our latest financing where it offers the most potential benefit to our shareholders, exploring our
"We believe that the intrusive suite of rocks plays a vital role in the gold distribution regionally within the Shebandowan Greenstone Belt. We are fortunate that Tower Mountain is the largest, exposed intrusive center for a 20-kilometre radius. These results certainly support our assertion that select phases of the TMIC are highly prospective for gold mineralization. Mineralized intrusive rocks with gold grades greater than 1.0 g/t are common throughout the drill record collected along western perimeter of the TMIC. We anticipate drill results by mid-December, weather permitting."
The initial soil geochemical sampling is complete and assay results are pending. The soil geochemical sampling covers the northern half of the
Metallurgical and mineralogical studies of representative samples collected from the eastern margin of the TMIC are in progress. The work, performed by SGS Canada, is expected to be complete in December.
The reader is cautioned that rock grab samples are selective by nature and may not represent the true metal content of the mineralization to be found on the Property.
Qualified Person
Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.
Quality Assurance and Quality Control
Diamond drilling utilizes NQ diameter tooling. The core is received at the on-site logging facility where it is, photographed, logged for geotechnical and geological data and subjected to other physical tests including oriented core measurements and magnetic susceptibility analysis. Samples are identified, recorded, split by wet diamond saw or hydraulic splitter, and half the core is sent for assay with the remaining half stored on site. A standard sample length of 1.5 meters is employed, varying only at major lithological contacts. Certified standards and blanks are randomly inserted into the sample stream and constitute approximately 5
The above does not apply to historical samples collected by others.
About the Tower Mountain Gold Property
The
About Thunder Gold Corp.
Thunder Gold Corporation, formerly White Metal Resources. is a junior exploration company focused on gold discovery in Canada. For more information about the Company please visit: www.thundergoldcorp.com
On behalf of the Board of Directors,
Wes Hanson, P.Geo., President and CEO
For further information contact:
Wes Hanson, CEO
(647) 202-7686
whanson@thundergoldcorp.com
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The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.
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FAQ
What gold grades did Thunder Gold Corp (TGOLF) find at Tower Mountain in 2024?
When will Thunder Gold Corp (TGOLF) receive drill results from Tower Mountain P-Target?
How large is Thunder Gold's (TGOLF) Tower Mountain property?
