Mr. Dorian Nicol reports

BLUE THUNDER PLANS 2024 EXPLORATION AT MUUS

Blue Thunder Mining Inc. has begun planning its 2024 exploration campaign at its Muus gold project in Chibougamau, Que.

On November 13, 2023, the Company announced a renewed focus on gold exploration in Quebec with the technical and financial support of IAMGOLD Corporation (TSX: IMG) (NYSE: IAG), a Canadian-based, international, gold mining company ("IAMGOLD"). The ensuing private placement has closed (see news releases dated December 7 and December 21, 2023) and in fact was oversubscribed.

IAMGOLD - Blue Thunder Technical Committee

The first meeting of the IAMGOLD - Blue Thunder Technical Committee took place in December 2023.

Dorian L. (Dusty) Nicol, the Company's CEO, said, "We are even more enthused about the discovery potential at Muus after our initial planning discussions with IAMGOLD. These discussions confirmed, as we suspected, that the geology and alteration observed in drill core from our 2021 drilling at Lac Bernard are similar to that observed at IAMGOLD's multi-million ounce Nelligan Gold Project, which is adjacent to and on the same geologic trend as Muus. Lac Bernard is also the location of significant gold-in-till anomalies identified by previous exploration. Our 2024 exploration program will initially focus on the Lac Bernard area while simultaneously completing a district-wide data compilation and review to identify and prioritize other targets."

In accordance with the provisions of IAMGOLD's investment, the Technical Committee with representatives of IAMGOLD and Blue Thunder was formed to plan ongoing exploration on the Company's Muus Gold Project. The Technical Committee has held its first meeting and as a result plans for this year's exploration at Muus are now being prepared. The work will initially comprise data compilation and review followed by field work and highly targeted drilling later in the year. Further details will be released as the planning continues and the 2024 exploration program is finalized.

Options

The Company also announces that the Board of Directors has approved the grant of options to directors, officers, employees, and consultants of the Company for the purchase of up to 3,400,000 shares in the Company exercisable at a price of $0.08 for a period of five years from date of grant. The grant is pursuant and subject to the terms and conditions of the Company's existing stock option plan and is subject to the approval of the TSX Venture Exchange and all regulatory requirements.

Qualified Person

Technical information in this news release has been approved by Dorian L. (Dusty) Nicol, the Company's CEO (PG, FAusIMM), who is a Qualified Person (QP) for the purpose of National Instrument 43-101.

About Blue Thunder

Blue Thunder is an exploration and growth company that owns 100% of a large land position near Chibougamau, Quebec. The Muus Gold project covers approximately 25,250 hectares of prospective ground in the eastern part of the Abitibi Greenstone Belt. The Muus Project is prospective for gold mineralization and is adjacent to and on strike with IAMGOLD's 5-million-ounce Nelligan gold project. Blue Thunder has announced that exploration of the Muus project will advance in technical collaboration with Iamgold, which owns approximately 12.5% of the Company. Field work completed during 2022 established that the northern portion of the Muus Project is also prospective for copper-gold volcanogenic massive sulphide mineralization, as well as confirming that it is prospective for high-grade gold mineralization similar to IAMGOLD's nearby Monster Lake gold deposit.

We seek Safe Harbor.