Mining Exploration and Development
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Thunder Mountain Gold Inc. Announces Board Appointment
Newsfile· 2025-10-03 16:13
Core Viewpoint - Thunder Mountain Gold, Inc. has appointed Mr. Ralph Noyes as Chairman of the Board, reflecting the company's commitment to advancing its exploration and development plans, particularly for the South Mountain resource [1][3]. Company Overview - Thunder Mountain Gold, Inc. is a junior exploration company founded in 1935, focusing on base and precious metals projects in the western U.S. Its principal asset is the South Mountain Mine, a historic site for zinc, silver, gold, lead, and copper [4]. - The company also owns the Trout Creek Project, a gold exploration project located adjacent to Nevada Gold Mines, a joint venture between Barrick and Newmont Gold, Inc. [4]. Leadership Appointment - Mr. Ralph Noyes, who has been a board member since 2016, has extensive experience in the mining industry, including over 45 years in exploration, mine management, and investment portfolio management [2]. - His previous roles include significant positions at Hecla Mining Company, where he managed various mining operations and projects across North America [2]. South Mountain Project Details - The South Mountain Mine is a polymetallic development project located approximately 70 miles southwest of Boise, Idaho, containing high-grade zinc, silver, gold, and copper [5]. - The project has a history of mining from the late 1940s to the late 1960s, with over 4,000 feet of underground workings that have been rehabilitated [5]. - Thunder Mountain Gold has invested approximately US$25 million into the project since acquiring it in 2007, with historical mining yielding average grades of 14.5% Zn, 10.6 oz/t Ag, 0.058 oz/t Au, 1.4% Cu, and 2.4% Pb [5].