Mr. Eric Jones reports

THUNDER MOUNTAIN GOLD INC. ANNOUNCES BOARD APPOINTMENT

Thunder Mountain Gold Inc. has received unanimous board approval for the appointment of Ralph Noyes, current board member, as chairman of the board. This appointment will split the duties of the chairmanship from the president and chief executive officers duties.

"We're excited to have Ralph serve in this leadership role," commented Eric T. Jones, president and chief executive officer. "Ralph has served on the Thunder Mountain Gold board since 2016, and has excellent board and executive level experience from his years as a mining company executive and consultant. He has proven exploration and development experience that will be instrumental as we advance our exploration and development plans."

Mr. Noyes is a seasoned international mining executive with over 45 years of experience. He has a wealth of experience in exploration, mine and project management, executive management, junior mining company boards, and investment portfolio management. He spent a large part of his career as manager of mines and vice-president of metal mining with Hecla Mining Company, with direct corporate operations responsibility for Yellow Pine mine -- Stibnite Idaho (gold); Lucky Friday lead-silver in Silver Valley, Idaho; Republic -- Knob Hill mine gold-silver in Washington State; the Escalante silver mine in Utah; Hecla's interests in the Galena and Coeur mine in Silver Valley, Idaho; and the Greens Creek mine in Alaska, along with the Rosebud mine in Pershing county, Nevada. His group discovered and developed both the Golden Promise deposit in Republic and the Gold Hunter deposit near the Lucky Friday mine in Idaho. He also managed several massive sulphide, gold, beryllium, germanium and gallium projects across North America -- from Mexico to Canada. He most recently spent 15 years in investment portfolio management with Salomon Smith Barney and then Wells Fargo Advisors. He worked with individuals and small businesses, specializing in working with mining executives.

The appointment reflects Thunder Mountain Gold's continued commitment and vision to advancing the South Mountain resource to production and exploration of the South Mountain.

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.

Technical data in this release

The technical information in this news release was reviewed and approved by Tyson Forbush, CPG, consulting geologist with GeoTech LLC, a qualified person as defined by the U.S. SK-1300 regulations and National Instrument 43-101 (Canada) standards.

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