TSX Venture Exchange Approves Thunder Gold’S Expansion IN the Shebandowan Greenstone Belt
TSX.V: TGOL, FRA: Z25, OTCQB: TGOLF
TSX VENTURE EXCHANGE APPROVES THUNDER GOLD’S EXPANSION
IN THE SHEBANDOWAN GREENSTONE BELT
Thunder Bay, Ontario June 22, 2023: Thunder Gold Corp. (formerly White Metal Resources Corp) (TSXV:
TGOL) (FRA: Z25) (OTCQB: TGOLF) (“Thunder Gold” or the “Company”) has received TSX Venture
Exchange approval to purchase a 100% interest in the Valgold Conmee claims (the “Property”), from
Metalla Royalty and Streaming Ltd. (“Metalla” or the “Vendor”) (full details of the transaction are in the
Company’s June 12, 2023 news release). The Property lies contiguous to the Tower Mountain gold
property, located 50 kms west of Thunder Bay, Ontario, in the robust Shebandowan Greenstone Belt.
In consideration for the 100% interest in the Property, Thunder Gold has issued 4,000,000 common shares
of the Company to Metalla, such shares to be subject to the customary four (4)-month hold period and
Metalla will retain a 2% royalty payable in connection with the property. The Royalty is a non-participating
interest in the Property which entitles Metalla to receive certain payments based upon the production and
sale or deemed sale of Products from the Property
About the Tower Mountain Gold Property
The Tower Mountain Gold Property is located 5-km off the Trans-Canada highway, 50-km west of Thunder
Bay, Ontario. The Property lies within the late Archean Shebandowan greenstone belt, an emerging gold
district in northwestern Ontario. The Property consists of unpatented and patented lands totalling 2,533
hectares. Exploration to-date suggests the Property offers a large gold endowment. Gold mineralization is
widespread, and diamond drilling has identified low-grade gold mineralization extending outward for at least
500-metres from a central alkalic intrusion known as the Tower Mountain Intrusive Complex. Drilling has
established persistent gold grades from 0.1 to 1.0 g/t Au along a 1,500-metre-long x 500-metre wide x 500-
metre deep block of volcanic-volcanoclastic rocks immediately west and adjacent to the central alkalic
intrusion. The remaining 6,000 metres of strike length surrounding the intrusion are untested. Tower
Mountain shows many of the classic indicators of being an Intrusion Related Gold Deposit, which is a highly
desirable exploration target.
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, President and CEO
For further information contact:
Wes Hanson, CEO
(647) 202-7686
TSX.V: TGOL, FRA: Z25, OTCQB: TGOLF
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable
securities legislation. Forward-looking statements relate to information that is based on assumptions of
management, forecasts of future results, and estimates of amounts not yet determinable. Any statements
that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events
or performance 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 to
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 them to reflect new events or circumstances.
Actual events or results could differ materially from the Company's expectations or projections.