Thunder Gold Acknowledges $215,000 in Funding from Ontario Junior Exploration Program (OJEP)
TMX Newsfile·2026-03-30 11:30

Core Insights - Thunder Gold Corp. has received $215,000 in funding from the Ontario Government's Junior Exploration Program (OJEP) to support its exploration activities [1][7] - The OJEP has allocated a total of $10 million to 68 early exploration mining companies, aimed at catalyzing private sector investment in Ontario's mining sector [2][3] Company Overview - Thunder Gold Corp. is focused on advancing the Tower Mountain Gold Property, which is 100% owned and located approximately 40 kilometers west of Thunder Bay, Ontario [3][9] - The Tower Mountain project is characterized by excellent infrastructure access, low exploration costs, and significant gold potential, making it a key focus for the company's exploration and development efforts [4][10] Exploration and Resource Estimates - The funding will be utilized for geophysical and geochemical programs to enhance the understanding of the Tower Mountain project and support ongoing exploration [3][4] - A recent mineral resource estimate for Tower Mountain indicates an Indicated resource of 514,000 ounces of gold at a grade of 0.46 g/t and an Inferred resource of 3,053,000 ounces at a grade of 0.45 g/t [5][10] Strategic Importance - The OJEP is designed to support early-stage mineral exploration projects, thereby encouraging continued investment in Ontario's mining sector [7] - The Ontario government emphasizes the importance of securing minerals to strengthen the economy and enhance sovereignty, with a focus on creating jobs and advancing local projects [2][3]

Thunder Gold Acknowledges $215,000 in Funding from Ontario Junior Exploration Program (OJEP) - Reportify