Clarification of Technical Disclosure as a Result of a Review by the British Columbia Securities Commission
THUNDER MOUNTAIN GOLD, INC.
11770 W. President Dr., Ste. F Tel: (208) 658-1037
Boise, Idaho 83713
OTCQB: THMG TSX-V: THM
News Release
Clarification of Technical Disclosure as a Result of a Review by the British
Columbia Securities Commission
Boise, Idaho – September 8 , 201 7 - Thunder Mountain Gold, Inc. (the “Company” or
“Thunder Mountain”) (TSX-V: THM; OTCQB: THMG) is issuing this news release to clarify
our disclosure on the South Mountain Project, Owyhee County, Idaho, resulting from a review
by the British Columbia Securities Commission.
Non-Compliant Technical Disclosure
The Company filed a te chnical report for the South Mountain Mine, dated March 23, 2010 (the
"Technical Report "). The Company would like to advise that the Technical Report doe s not
comply with the requirements of National Instrument 43 -101 Standards of Disclosure for
Mineral Projects ("NI 43 -101"). The Company would also like to advise that the mineral
resources disclosed are not supported by a compliant NI 43 -101 technical report and they should
not be relied upon until they can be supported by a compliant technical report . Additionally, on
the Company`s Fact Sheet linked to its website, the Company disclosed reference to capital costs
related to production. The Company retract s this disclosure in its entirety, as it cannot be
supported by a compliant technical report. The Company has not completed a mining study or
economic analysis on the project and this disclosure should not be relied upon.
The Company is currently working t o correct and rectify all of the identified issues. The
Company has engaged SRK Consulting to prepare an updated mineral resources estimate and
PEA and a NI 43-101 compliant report is in preparation and will be filed as soon as practicable.
The Company will remove and / or correct all non -compliant NI 43 -101 disclosure, and re -post
the Fact Sheet to its website.
Edward D. Fields is the Qualified Person as defined by National Instrument 43 -101 responsible
for the technical data reported in this news releas e and on the Company`s website and fact sheet.
Mr. Fields was not previously identified as the Q.P. as required under NI 43 -101 requirements.
The Company has corrected this and will ensure all future disclosure identifies the QP that has
prepared, supervised the preparation of, or approved of its disclosure.
Thunder Mountain Gold, Inc , is a U.S. – based exploration company founded in 1935, with
direct ownership interest in two U.S. precious and base metal projects. The Company is currently
re-financing it`s principal asset - The South Mountain Project – a turn key and former producing
high grade zinc-silver-gold project with copper and lead, located in Owyhee County, Idaho. The
Company`s Trout Creek Project is a grass roots gold target , drill ready, and lo cated in the
Eureka-Battle Mountain trend of central Nevada. 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. 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. 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, inv estors 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.
The United States Securities and Exchange Commission (“SEC”) permits mining companies, in their
filings with the SEC, to disclose only those mineral deposits that a company can economically and legally
extract or produce.
For further information, please contact:
Thunder Mountain Gold, Inc.
Eric Jones Jim Collord
President and Chief Executive Officer Chief Operating Officer
[email protected] [email protected]
Tel: (208) 658-1037 Tel: (208) 658-1037