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Thunder Mountain Gold Announces Executive Appointments to Strengthen Leadership Team

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Thunder Mountain Gold (OTCQB: THMG) has announced key executive appointments to strengthen its leadership team. Ron Espell has been appointed as Chief Operating Officer, bringing over 30 years of experience in environmental management, permitting, and mine development from companies including Barrick Gold, McEwen Mining, and Nevada Vanadium.

Rocky Chase joins as Vice President of Operations with 38 years of experience in mine development and operations. Chase previously served as Project Manager at South Mountain Mines, where he led underground core drilling and exploration efforts.

These appointments are aimed at advancing the company's South Mountain Project and other strategic initiatives. E. James Collord will remain on the Board while managing land issues and exploration efforts.

Thunder Mountain Gold (OTCQB: THMG) ha annunciato importanti nomine esecutive per rafforzare il suo team di leadership. Ron Espell è stato nominato Chief Operating Officer, portando con sé oltre 30 anni di esperienza nella gestione ambientale, nelle autorizzazioni e nello sviluppo minerario, acquisita in aziende come Barrick Gold, McEwen Mining e Nevada Vanadium.

Rocky Chase entra nel team come Vice Presidente delle Operazioni con 38 anni di esperienza nello sviluppo e nella gestione mineraria. In precedenza, Chase ha ricoperto il ruolo di Project Manager presso South Mountain Mines, dove ha guidato le operazioni di perforazione e esplorazione sotterranea.

Queste nomine mirano a promuovere il South Mountain Project dell'azienda e altre iniziative strategiche. E. James Collord rimarrà nel Consiglio mentre gestisce le questioni riguardanti il territorio e le attività di esplorazione.

Thunder Mountain Gold (OTCQB: THMG) ha anunciado nombramientos ejecutivos clave para fortalecer su equipo de liderazgo. Ron Espell ha sido nombrado Director de Operaciones, aportando más de 30 años de experiencia en gestión ambiental, permisos y desarrollo de minas en empresas como Barrick Gold, McEwen Mining y Nevada Vanadium.

Rocky Chase se une como Vicepresidente de Operaciones con 38 años de experiencia en desarrollo y operaciones mineras. Chase anteriormente se desempeñó como Gerente de Proyecto en South Mountain Mines, donde lideró las operaciones de perforación en el subsuelo y los esfuerzos de exploración.

Estos nombramientos tienen como objetivo avanzar en el South Mountain Project de la empresa y otras iniciativas estratégicas. E. James Collord permanecerá en la Junta mientras gestiona cuestiones territoriales y esfuerzos de exploración.

썬더 마운틴 골드 (OTCQB: THMG)는 리더십 팀을 강화하기 위해 주요 경영진 임명을 발표했습니다. 론 에스펠이 최고 운영 책임자로 임명되었으며, 바릭 골드, 맥유웬 마이닝, 네바다 바나듐 등에서 환경 관리, 허가 및 광산 개발에 대한 30년 이상의 경험을 보유하고 있습니다.

로키 체이스는 38년의 광산 개발 및 운영 경험을 가지고 운영 부사장으로 합류합니다. 체이스는 이전에 사우스 마운틴 마인즈의 프로젝트 매니저로 재직하며 지하 코어 굴착 및 탐사 작업을 주도했습니다.

이번 임명은 회사의사우스 마운틴 프로젝트와 기타 전략적 이니셔티브를 발전시키기 위한 것입니다. E. 제임스 콜로드는 토지 문제 및 탐사 활동을 관리하면서 이사회에 남아 있을 것입니다.

Thunder Mountain Gold (OTCQB: THMG) a annoncé des nominations exécutives clés pour renforcer son équipe de direction. Ron Espell a été nommé directeur des opérations, apportant plus de 30 ans d'expérience en gestion environnementale, en autorisations et en développement minier au sein d'entreprises telles que Barrick Gold, McEwen Mining et Nevada Vanadium.

Rocky Chase rejoint l'entreprise en tant que vice-président des opérations avec 38 ans d'expérience dans le développement et l'exploitation de mines. Auparavant, Chase a été chef de projet chez South Mountain Mines, où il a dirigé les efforts de forage et d'exploration souterrains.

Ces nominations ont pour objectif de faire avancer le South Mountain Project de l'entreprise ainsi que d'autres initiatives stratégiques. E. James Collord restera au conseil d'administration tout en gérant les questions foncières et les efforts d'exploration.

Thunder Mountain Gold (OTCQB: THMG) hat wichtige Ernennungen auf Führungsebene bekannt gegeben, um sein Führungsteam zu stärken. Ron Espell wurde zum Chief Operating Officer ernannt und bringt über 30 Jahre Erfahrung in den Bereichen Umweltmanagement, Genehmigungen und Bergbauentwicklung mit, die er bei Unternehmen wie Barrick Gold, McEwen Mining und Nevada Vanadium gesammelt hat.

Rocky Chase tritt als Vizepräsident der Betriebe bei und bringt 38 Jahre Erfahrung in der Bergbauentwicklung und -betrieb mit. Chase war zuvor als Projektmanager bei South Mountain Mines tätig, wo er die unterirdischen Bohr- und Erkundungsaktivitäten leitete.

Diese Ernennungen zielen darauf ab, das South Mountain Project des Unternehmens und andere strategische Initiativen voranzubringen. E. James Collord wird im Vorstand verbleiben und sich um Landfragen und Erkundungsaktivitäten kümmern.

Positive
  • Strategic strengthening of leadership team with experienced mining executives
  • New COO brings 30+ years of experience from major mining companies
  • VP of Operations adds 38 years of direct mining development expertise
  • Retention of E. James Collord on Board maintains continuity in land and exploration
Negative
  • None.

Boise, Idaho--(Newsfile Corp. - February 11, 2025) - Thunder Mountain Gold, Inc. (OTCQB: THMG) (TSXV: THM) (the "Company" or "Thunder Mountain Gold") is pleased to announce the appointment of Ron Espell as Chief Operating Officer (COO) and Rocky Chase as Vice President of Operations, effective immediately. These appointments reflect the Company's commitment to advancing its South Mountain Project and other strategic initiatives with a leadership team that brings deep operational and environmental expertise.

Strengthening the Team with Proven Leadership

Ron Espell brings over 30 years of experience in environmental management, permitting, and mine development. He has held senior leadership positions at several major mining companies, including Barrick Gold, McEwen Mining, and Nevada Vanadium. With a strong background in regulatory compliance, environmental stewardship, and strategic mine planning, Mr. Espell has been instrumental in securing permits and advancing projects across North America and globally. As COO, he will oversee all operational aspects of Thunder Mountain Gold, ensuring the Company remains on track for efficient and responsible project execution.

Rocky Chase joins Thunder Mountain Gold as Vice President of Operations, bringing more than 38 years of experience in mine development, operations, and permitting. He has managed exploration and production projects across North America, with a strong focus on regulatory affairs, mine engineering, and environmental compliance. Mr. Chase most recently served as Project Manager at South Mountain Mines, where he successfully led underground core drilling and exploration efforts. In his new role, he will spearhead the operational execution of Thunder Mountain's projects, optimizing development strategies and ensuring regulatory alignment.

CEO Commentary

"We are excited to welcome Ron and Rocky to the Thunder Mountain Gold leadership team. Their extensive experience and industry expertise will be invaluable as we advance our South Mountain Project and evaluate additional opportunities for growth. With Ron's strategic environmental and permitting background and Rocky's hands-on operational leadership, we are well-positioned to accelerate our development plans while maintaining our commitment to responsible mining practices. More importantly, these appointments align with our ongoing efforts to create and enhance long-term value for our shareholders," said Eric T. Jones, President and CEO of Thunder Mountain Gold. "Additionally, E. James Collord will remain involved with the Company as a member of the Board, while managing land issues and exploration efforts. Jim brings extensive industry experience, having played a key role in permitting, mine development, and exploration in Nevada. His continued leadership ensures the Company maintains a strong foundation in regulatory compliance and project advancement."

About South Mountain Mine

The South Mountain Mine is a historic Anaconda Mining development located approximately 70 miles southwest of Boise, Idaho. The property comprises patented and unpatented mining claims, leased land, and private millsite acreage totaling over 1,400 acres. The project hosts high-grade polymetallic mineralization with significant resource expansion potential.

About Thunder Mountain Gold, Inc.

Thunder Mountain Gold Inc., a junior exploration company founded in 1935, owns interests in base and precious metals projects in the western U.S. The Company's principal asset is The South Mountain Mine, a historic former Anaconda Mining development of zinc, silver, gold, lead, and copper, located on private land in Owyhee County Idaho. Thunder Mountain Gold also owns 100% of the Trout Creek Project - a gold exploration project located along the western flank of the Shoshone Mountain Range in the Reese River Valley, adjacent to and surrounded by Nevada Gold Mines, a Barrick and Newmont Gold, Inc. joint venture. For more information on Thunder Mountain Gold, please visit the Company's website at www.Thundermountaingold.com.

Forward-Looking Statements

This press release contains forward-looking statements that are based on the beliefs of management and reflect the Company's current expectations. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. The forward-looking statements are based on certain assumptions which could change materially in the future. By their nature, forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Investors should refer to THMG's Form 10-K, Form 10-Q reports, for a more detailed discussion of risks that may impact future results. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking information. Forward-looking information is provided as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required in accordance with applicable laws.

Cautionary Note to Investors

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Thunder Mountain Gold Inc.
Eric T. Jones
President and Chief Exécutive Officer
(208) 658-1037

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240369

FAQ

Who are the new executives appointed at Thunder Mountain Gold (THMG)?

Thunder Mountain Gold appointed Ron Espell as Chief Operating Officer and Rocky Chase as Vice President of Operations in February 2025.

What experience does Ron Espell bring to THMG as new COO?

Ron Espell brings over 30 years of experience in environmental management, permitting, and mine development, having held senior positions at Barrick Gold, McEwen Mining, and Nevada Vanadium.

What is Rocky Chase's background as THMG's new VP of Operations?

Rocky Chase has 38 years of experience in mine development, operations, and permitting, and previously served as Project Manager at South Mountain Mines.

How will these appointments impact THMG's South Mountain Project?

The appointments are expected to accelerate development plans while maintaining responsible mining practices, with both executives bringing extensive operational and environmental expertise to advance the project.

What role will E. James Collord maintain at Thunder Mountain Gold?

E. James Collord will remain on the Board of Directors while managing land issues and exploration efforts for the company.

Thunder Mountain

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