Thunder Gold Completes Phase Two Drill Program at the Tower Mountain Gold Property
Thunder Gold Completes Phase Two Drill
Program at the Tower Mountain Gold Property
Thunder Bay, Ontario--(Newsfile Corp. - July 15, 2025) - Thunder Gold Corp (TSXV: TGOL) (FSE: Z25)
(OTCQB: TGOLF) (formerly White Metal Resources Corp) ("Thunder Gold" or the "Company") is
pleased to announce the completion of the Phase Two drill program at it's 100%-owned, 2,500 hectare,
Tower Mountain Gold Property, located in the Shebandowan Greenstone Belt, 50 kilometres west of the
port city of Thunder Bay, Ontario.
Highlights:
Thirteen (13) holes (1,773 metres) of a planned 1,800 metre program completed.
All-in cost per metre less than C $260.
Four holes (333 metres) tested the southeast limit of the P-Target, 75 metres southeast of
TM24-160
(0.93 g/t Au over 41.8 metres).
Four holes, (357 metres) tested the on-strike continuity of the A-Target
where historical drilling failed to close this zone of at surface, high-grade mineralization along strike. One
hole was drilled 50 metres northwest of
TM21-117 (1.30 g/t Au over 30.0 metres)
. The remaining three
holes were drilled 50 metres southeast of
TM21-108 (3.94 g/t Au over 23.8 metres).
Four holes, (1,008
metres), tested the 3738 target identified in 2023 by holes
TM23-137 (35.14 g/t Au over 41.0 metres
including 941.0 g/t over 1.5 metres)
and
TM23-138
(
0.71 g/t over 119.0 metres)
. Table 1.0 (below)
provides the collar location and orientation of the Phase Two drill holes.
One hole tested the H-Target,
1,200 metres to the northwest of the P-Target (Reference: See Figure 1.0 below).
TABLE 1.0 - PHASE TWO DRILL HOLE COLLAR DETAILS
TARGET
HOLE ID
EAST
NORTH
ELEV.
BEARING
DIP
DEPTH
P
TM25-170
302187
5377513
495
35
-55
81
TM25-171
302187
5377513
495
35
-45
75
TM25-172
302187
5377513
495
35
-65
90
TM25-173
302187
5377513
495
80
-57
87
A
TM25-174
300473
5377394
455
30
-45
102
TM25-175
300551
5377308
464
30
-50
102
TM25-176
300601
5377296
477
30
-50
102
TM25-177
300601
5377296
477
210
-50
51
3738
TM25-178
300555
5377591
440
90
-50
252
TM25-179
300550
5377691
433
90
-50
252
TM25-180
300503
5377641
435
90
-50
252
TM25-181
300403
5377641
435
90
-50
252
H
TM25-182
301247
5378310
413
30
-45
75
Wes Hanson, President and CEO stated, "The Phase Two drill program was completed on time and on
budget with 1,773 metres of a planned 1,800 metres completed. Sample cutting is in progress and
results from Phase Two are expected early to mid-August. Phase Two results will determine the scope of
our Phase Three drill program, which is fully funded and expected to commence in September 2025. In
the coming weeks we plan to complete infill soil geochemistry (100-metre line spacings and 25-metre
sample intervals), targeting the broad, gold-in-soil anomaly parallel to the southern contact of the Tower
Mountain Intrusive Complex. This area is un-tested, and the infill soil geochemistry will assist in targeting
the initial drill holes in this area."
FIGURE 1.0 - Soil Geochemistry w Historical and 2025 Phase Two Drill Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5364/258835_f514860254a39a65_002full.jpg
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, physical properties and geological data. Samples are
identified, recorded, and cut in half by wet diamond saw. Half the core is sent for assay at an accredited
laboratory with the remaining half core 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 5-10% of the sample stream.
Certified
standards and blank performance is monitored with any failures evaluated and investigated to determine
if said failure is a result of error during submission. Any unexplained failures are identified and the five
samples preceding and following the failure are re-assayed. In addition, standards and blanks are
inserted into the re-assayed interval stream to monitor analytical performance. Samples are shipped to
the Activation Laboratories Ltd. facility in Thunder Bay, Ontario, where sample preparation and analyses
are completed. All samples are analyzed for gold using a 30-gram lead collection fire assay fusion (FA)
with an atomic absorption (AAS) finish. All assay results greater than 5.0 g/t Au are re-assayed using a
gravimetric analysis.
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 National Instrument 43-101.
About the Tower Mountain Gold Property
The 100%-owned Tower Mountain Gold Property is located adjacent to the Trans-Canada highway,
approximately 50-km west of the international port city of Thunder Bay, Ontario. The 2,500-hectare
property surrounds the largest, exposed, intrusive complex in the eastern Shebandowan Greenstone Belt
where most known gold occurrences have been described as occurring either within, or proximal to,
intrusive rocks. Gold at Tower Mountain is localized within extremely altered rocks parallel to the western
contact of the intrusive centre. Drilling has established anomalous gold extending out from the intrusive
contact for over 500 metres along a 1,500-metre strike length, to depths of over 500 metres from
surface. The remaining 75% of the perimeter surrounding the intrusion shows identical geology,
alteration, and geophysical response, offering a compelling exploration opportunity.
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
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/258835