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Thunder Gold Engages Micon International to Complete an NI 43-101 Mineral Resource Estimate at Tower Mountain
Newsfileยท2025-10-21 11:35

Core Insights - Thunder Gold Corp. has engaged Micon International to conduct an NI 43-101 Mineral Resource Estimate for the Tower Mountain Gold Property, which spans 2,500 hectares and is located 50 kilometers west of Thunder Bay, Ontario [1][25] - The MRE will assess specific targets along the western contact of the Tower Mountain Intrusive Complex, covering 20% of the total strike length [2][8] - The company is currently 50% through its Phase 3 drill program, which is expected to conclude by October 31, 2025, with results anticipated by January 15, 2026 [4][8] Company Developments - The initiation of the NI 43-101 Mineral Resource Estimate is viewed as a significant milestone for the company and the Tower Mountain project, aimed at validating the asset's scale and growth potential [5][25] - The Phase Two drill program has demonstrated the discovery potential of Tower Mountain, leading to the decision to pursue an MRE [6][25] - The company emphasizes the advantages of exceptional infrastructure access and low exploration costs, positioning Tower Mountain as a competitive gold development project [7][9][26] Project Details - The MRE will evaluate targets including UV, Bench, Ellen, A, 110, and 3738, which have been defined through extensive diamond drilling [2][12][18] - Historical drilling has established significant gold mineralization across various targets, with depths reaching over 500 meters [23][24] - The Tower Mountain property benefits from existing infrastructure, including access via the Trans-Canada highway and proximity to rail lines, enhancing its development potential [19][23]