Thunder Gold Announces Mineral Resource Estimate for the Tower Mountain Property

Thunder Gold Corp. has officially announced the completion of an updated Mineral Resource Estimate (MRE) for its 100%-owned Tower Mountain Gold Property, located in northwestern Ontario, Canada. This announcement marks a significant milestone for the company, as the new estimate confirms the presence of a substantial gold resource and strengthens the project’s long-term development potential.

The updated Mineral Resource Estimate has been prepared in accordance with National Instrument 43-101 (NI 43-101) standards, which govern the disclosure of scientific and technical information related to mineral projects in Canada. The results demonstrate that Tower Mountain is emerging as a promising gold asset within a well-established mining jurisdiction.

Overview of the Tower Mountain Gold Property

The Tower Mountain Property is strategically located near the town of Atikokan in northwestern Ontario, a region with a long history of gold exploration and mining. The property benefits from excellent infrastructure, including road access, proximity to power lines, and availability of skilled labor. These advantages significantly reduce exploration and potential development risks.

Covering a large land package, the Tower Mountain Property hosts multiple gold-bearing zones that have been explored through historical drilling, surface sampling, and geophysical surveys. Thunder Gold’s recent work has focused on consolidating historical data and integrating it with new geological interpretations to deliver a modern, reliable resource estimate.

Key Highlights of the Mineral Resource Estimate

The updated Mineral Resource Estimate outlines both Indicated and Inferred mineral resources, reflecting varying levels of geological confidence. According to the company, the estimate demonstrates a meaningful gold inventory that supports further exploration and potential future economic studies.

The Mineral Resource Estimate was prepared by an independent qualified person, ensuring compliance with NI 43-101 requirements. It incorporates thousands of meters of historical drill data, validated and modeled using modern geological software and best practices.

Indicated Mineral Resources

The Indicated category represents mineralization with a higher degree of confidence. These resources are supported by closer drill spacing and a better understanding of geological continuity. The Indicated resources at Tower Mountain highlight the presence of gold mineralization that could form the foundation for future mine planning and economic evaluations.

Inferred Mineral Resources

Inferred resources represent mineralization that is reasonably assumed to exist based on limited geological evidence and sampling. While lower in confidence, the Inferred resources at Tower Mountain demonstrate considerable upside potential. Thunder Gold believes that additional drilling could upgrade a significant portion of these resources into the Indicated category.

Geological Characteristics of Tower Mountain

The Tower Mountain gold system is characterized by structurally controlled mineralization hosted within altered volcanic and intrusive rock units. Gold mineralization is commonly associated with quartz veining, sulfide minerals, and zones of intense alteration.

Geological modeling indicates that the gold-bearing structures extend both laterally and at depth, suggesting strong potential for resource expansion. Several zones remain open along strike and down plunge, providing clear targets for future exploration programs.

Exploration History and Data Validation

The Tower Mountain Property has seen multiple phases of exploration dating back several decades. Historical operators conducted drilling, trenching, and sampling programs that identified gold mineralization across the property. Thunder Gold has carefully reviewed, digitized, and validated this historical data to ensure its reliability.

As part of the resource estimation process, Thunder Gold conducted rigorous quality assurance and quality control (QA/QC) procedures. These included checks on assay data, drill collar locations, and geological interpretations. The company’s technical team worked closely with independent consultants to ensure that the final model accurately reflects the available data.

Mining-Friendly Jurisdiction and Infrastructure

Ontario is widely recognized as one of the world’s top mining jurisdictions, offering a stable regulatory environment, clear permitting processes, and strong support for responsible resource development. The Tower Mountain Property benefits from its proximity to existing infrastructure, which could significantly lower capital and operating costs in the future.

Access to paved and gravel roads allows for year-round exploration activities. Additionally, nearby communities provide access to skilled labor, services, and supplies. These factors collectively enhance the attractiveness of the Tower Mountain project from a development perspective.

Potential for Resource Expansion

One of the most compelling aspects of the Tower Mountain Property is its potential for further resource growth. The current Mineral Resource Estimate focuses on defined zones, but large portions of the property remain underexplored.

Several targets identified through geophysical surveys and surface sampling have yet to be drill-tested. Thunder Gold believes that continued exploration could lead to the discovery of additional gold zones, potentially increasing the overall resource base.

Open-Ended Mineralization

Many of the known gold zones at Tower Mountain remain open at depth and along strike. This suggests that mineralization could continue beyond the limits of the current resource model. Future drilling programs are expected to test these extensions and refine the geological understanding of the system.

Strategic Importance for Thunder Gold

The completion of the Mineral Resource Estimate represents a major value-adding milestone for Thunder Gold. It provides a solid technical foundation for advancing the Tower Mountain Property toward the next stages of development.

With a defined gold resource now in place, the company is better positioned to evaluate strategic options, including additional exploration, preliminary economic assessments, or potential partnerships. The resource estimate also enhances the project’s visibility within the investment community.

Environmental and Responsible Exploration Practices

Thunder Gold is committed to conducting its exploration activities in a responsible and sustainable manner. The company follows best practices to minimize environmental impact and works closely with local stakeholders and regulatory authorities.

Environmental baseline studies and community engagement are integral components of Thunder Gold’s long-term strategy. By prioritizing responsible development, the company aims to build trust and ensure that future project advancement aligns with environmental and social expectations.

Next Steps and Future Plans

Following the release of the Mineral Resource Estimate, Thunder Gold plans to continue advancing the Tower Mountain Property through targeted exploration programs. These may include infill drilling to upgrade Inferred resources, step-out drilling to expand known zones, and additional technical studies.

The company is also expected to evaluate metallurgical characteristics of the mineralization, which will be critical for assessing potential processing options. Together, these efforts will help determine the economic viability of the project over the long term.

Management Commentary

Thunder Gold’s management team has expressed confidence in the results of the Mineral Resource Estimate. They view the updated resource as a validation of the project’s geological potential and a strong platform for future growth.

Management emphasized that the Tower Mountain Property represents a core asset within the company’s portfolio and that ongoing work will focus on unlocking additional value for shareholders.

Conclusion

The announcement of the Mineral Resource Estimate for the Tower Mountain Property marks a significant achievement for Thunder Gold. The updated estimate confirms the presence of a meaningful gold resource in a highly favorable mining jurisdiction and highlights substantial upside potential through further exploration.

With strong infrastructure, open-ended mineralization, and a clear path for advancement, the Tower Mountain Property stands out as a promising gold project. Thunder Gold’s continued commitment to technical excellence and responsible exploration positions the company well for future success as it advances this important asset.

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