Mr. Eric Jones reports

THUNDER MOUNTAIN GOLD CLARIFIES PRIVATE PLACEMENT FINANCING

Thunder Mountain Gold Inc. is issuing this news release to clarify that the private placement announced in its news release disseminated earlier today is for an aggregate of up to 10 million units of the company at a price of 25 U.S. cents (35 Canadian cents) per unit for gross proceeds of up to $2.5-million (U.S.) ($3.5-million (Canadian)). The original news release had incorrectly referred to an offering of up to one million units but had correctly stated the aggregate offering proceeds of up to $2.5-million (U.S.) ($3.5-million (Canadian)).

Each unit will consist of one share of the company's common stock and one-half common share purchase warrant. Each warrant will entitle the holder to purchase one additional share of common stock of the company at a price of 40 U.S. cents (55 Canadian cents) for a period of 24 months from the date of issuance. Subject to regulatory approval, the company may close the private placement in one or more tranches.

The proceeds raised pursuant to the private placement will be used for exploration and for general working capital.

The company has received the conditional approval of the TSX Venture Exchange to the completion of the private placement, and closing remains subject to satisfaction to the conditions required by the TSX Venture Exchange.

About Thunder Mountain Gold Inc.

Thunder Mountain, a junior exploration company founded in 1935, owns interests in base and precious metal projects in the western United States. The company's principal asset is the South Mountain mine, a historic former Anaconda Mining development of zinc, silver, gold, lead and copper, located on private land in Owyhee county, Idaho. Thunder Mountain Gold also owns 100 per cent of the Trout Creek project -- a gold exploration project located along the western flank of the Shoshone Mountain range in the Reese River Valley, adjacent to and surrounded by Nevada Gold Mines, a Barrick and Newmont Gold Inc. joint venture.

We seek Safe Harbor.