Great Thunder Plans Drilling at the Chubb Lithium Property, Abitibi Quebec
Great Thunder Plans Drilling at the Chubb Lithium Property,
Abitibi Quebec
Vancouver, BC, February 9th, 2021 – Great Thunder Gold Corp. (CSE: GTG, OTC: GTGFF,
FSE: M4KQ-FF) (“Great Thunder” , or “GTG” , or the “Company”) is pleased to announce that
immediately after completion of the diamond drill program at the Southern Star Property in
the Fenelon Gold Camp. Around mid-April, Diafor Inc.’s drill rig will start turning on the Chubb
Lithium Property (“Chubb Property” or the “Property”), also located in Quebec.
About the Chubb Property
The 100%-owned Chubb Property is located approximately 28km NNW of the town of V al-
d’Or, the project comprises of 35 claims totalling 1,508.93 hectares. The Property is situated
within the Preissac-Lacorne plut onic complex of the Abitibi gre enstone belt – the complex
forming one of the best prospect ive areas for lithium mineraliz a t i o n . T h e p l u t o n i c c o m p l e x
generated the Quebec lithium mine for which RB Energy Inc. (formerly Canada Lithium Corp.)
conducted production around the 1960’s.
Three lithium bearing pegmatite dykes have been discovered and form the core of the Chubb
Property. They are located at the periphery of the Lacorne Plu ton. Main Dyke, Dyke 2 and
3, have been sampled (grab and c hannel) in 2016 by Mineral Hill Industries Ltd. and partly
defined, they are parallel, and oriented north-south. Historic drilling by Wrightbar Mines
Ltd. in 1994, revealed values up to 1.68% Li 2O over 3.7 m from hole L-94-1, drilled on the
Main Dyke. More recently, three drill holes were drilled by Gr eat Thunder Gold in 2017,
mainly on Induced Polarization anomalies and on the Main Dyke. The best result obtained
was of 1.33% Li2O over 5.3 m from diamond drill hole C-17-01. 2021’s drilling program will
start with at least 12 drill holes for a total of 2000 metres a nd is aimed at the definition of
the Main Dyke, Dyke 2 and 3 at depth and laterally.
RB Energy reported measured and indicated resources of 29.3 million tonnes grading 1.19%
lithium oxide (Li 20) and 20.9 million tonnes of inferred resources grading 1.15% Li20,
respectively (source: NI 43-101 T echnical Report by Canada Lithium Corp. filed on SEDAR on
June 8, 2011).
Great Thunder’s Chief Executive Officer Blair Naughty stated, “We are fortunate to already hold
a portfolio of projects located i n Quebec. This year we plan to b e v e r y a c t i v e m o v i n g t h e s e
projects forward, starting with our first phase drill program on the Southern Star Property in
t h e F e n e l o n G o l d C a m p . T h e C a m p h a s b e e n v e r y a c t i v e a s o u r n e ighbours have been
continuously intercepting great mineralization in their drillin g . O u r n e i g h b o u r s h a v e a
170,000-metre planned 2021 drill program, so we anticipate more good news from the camp.”
GTG’s CEO continued, “In less than a year we have seen the TSX Venture Index nearly tripling
in valuation. The precious metals market is contributing to the excitement. Now the demand
for lithium is building. I see this as just the beginning of the upcycle making it justified to move
our lithium project forward. We look forward to providing more information as soon as
possible.”
About Diafor Inc.
Diafor is a diamond drilling company based in Riviere-Heva in the province of Quebec, Canada.
The company was founded in 2020 on the Cadillac break focussing its operations on Eastern
Canada. Diafor is made up of a solid core of competent people with both specialized experience
in drilling conditions specific to the Canadian Shield as well as know-how and best practices
from around the world.
Qualified Person
Donald Théberge, P .Eng., M.B.A., an independent qualified person as defin ed in National
Instrument 43-101, has reviewed, and approved the technical contents of this news release on
behalf of the Company.
About Great Thunder Gold
Great Thunder Gold is a junior Canadian mining exploration company focused on exploration
and development along the Detour Gold trend in Quebec. The Company is one of the largest
mineral claim holders next to the leading Wallbridge Mining.
On Behalf of the Board of Directors,
GREAT THUNDER GOLD CORP .
“Blair Naughty”
President & CEO
Investor Relations
Email: [email protected]
Direct Line: (236) 513-4653
www.greatthundergold.com
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Forward-Looking Statement
This news release may contain certain “forward-looking statements”. Forward-looking statements involve known
and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance,
or achievements of the Company to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the
date of this news release and, except as may be required by applicable securities laws, the Company disclaims any
intent or obligation to update a ny forward-looking statement, wh e t h e r a s a r e s u l t o f n e w i n f o r m a t i o n , f u t u r e
events or results or otherwise.