19:57:20 EDT Thu 16 Apr 2026
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or Name
USA
CA



Thunder Gold Corp
Symbol TGOL
Shares Issued 306,457,960
Close 2026-04-16 C$ 0.12
Market Cap C$ 36,774,955
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Thunder Gold acquires Halow patent

2026-04-16 17:39 ET - News Release

Mr. Wes Hanson reports

THUNDER GOLD PURCHASES FREEHOLD PATENT IN SHEBANDOWAN GREENSTONE BELT, ONTARIO

Thunder Gold Corp. has purchased 100-per-cent ownership of a freehold patent (the Halow patent), adjacent to the company's flagship Tower Mountain property in the Shebandowan greenstone belt, 40 kilometres west of the international port city of Thunder Bay, Ont.

Wes Hanson, PGeo, president and chief executive officer, stated: "Our 2025 fall fieldwork, funded in part by the Ontario junior exploration program, identified two anomalous gold trends near the Halow patent. Rock sampling established a 100- to 150-metre-wide, east-northeast gold trend along a 700-metre strike length, consisting largely of Timiskaming conglomerate. Fifty-five rock samples within the trend average 0.363 g/t Au. Approximately 50 per cent of the rock sample population returned gold grades greater than 0.20 g/t Au (averaging 0.691 g/t Au), with a maximum sample value of 4.95 g/t Au. Soil geochemical results indicate multiple anomalies greater than 10 ppb Au within, and proximal to, the identified trend. The observed trend continues over 2.5 kilometres to the southwest, towards the Bateman Lake gold occurrence, located within the recently optioned Electra property.

"A second gold-in-soil anomaly, located 250 metres to the south, is defined by multistation, gold-in-soil results greater than 25 ppb Au on the lines located along the Halow property boundary.

"In February, 2026, we decided to take advantage of the winter conditions and direct our remaining OJEP funds to drilling the ENE-striking target immediately north of the Halow patent. A total of five holes (750 metres) were completed. Assays results are expected within a week. Four of the five drill holes intersected broad intervals (up to 100 metres) of distinctive Timiskaming conglomerate with variable pyrite tenor ranging from trace to 10 per cent. The remaining hole TM26-196 collared and remained in a weakly mineralized, magnetic feldspar porphyry.

"The Timiskaming conglomerate trend offers a second prospective target at Tower Mountain, enhancing our opportunity to define a Tier 1 gold discovery, augmenting the established resource potential surrounding the Tower Mountain intrusive complex, 80 per cent of which remains unexplored."

Tower Mountain property highlights:

  • January, 2026, mineral resource estimate as summarized in the table below;
  • All-in discovery cost of $3.95 per inferred resource ounce;
  • Year-round paved highway access;
  • 40 kilometres from the port of Thunder Bay, Ont.;
  • Road, rail and hydro at property boundary;
  • 15,000-metre resource definition drill program in progress.

Qualified person

Technical information in this news release has been reviewed and approved by Wes Hanson, PGeo, president and chief executive officer of Thunder Gold, who is a qualified person under the definitions established by National Instrument 43-101.

About the Tower Mountain gold property

The 100-per-cent-owned Tower Mountain gold property is located adjacent to the Trans-Canada Highway, approximately 40 kilometres west of Thunder Bay, Ont. The 6,700-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 per cent of the perimeter surrounding the intrusion shows an identical geology, alteration and geophysical response, offering a compelling exploration opportunity.

About Thunder Gold Corp.

Thunder Gold is a junior exploration company focused on gold discovery in Canada.

We seek Safe Harbor.

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