Thunder Gold stakes the second hole of its 35,000-m drilling program. (Photo: Palmer Creative Group)
Thunder Gold Corp. (formerly White Metal Resources Corp) announced that diamond drilling has commenced at the Tower Mountain gold property, located 50-km west of Thunder Bay, Ontario. Chibougamau Diamond Drilling Ltd. (“Chibougamau”) was awarded the 4,000-m contract. A drill was mobilized to site on February 13th and drilling commenced on February 14, 2023. The estimated program duration of the fully funded drill program is seven weeks.
“Our primary objective with our initial 2023 drill program is to rapidly demonstrate that Tower Mountain offers a conceptual exploration target ranging from 50 to 100 million [metric tons] averaging 0.70 to 0.90 g/mt Au,” said Wes Hanson P.Geo., CEO of Thunder Gold. “Our secondary objective is to demonstrate opportunities to increase both the quantity (size) and quality (grade) of the conceptual exploration target. We believe Tower Mountain offers an opportunity for a large-tonnage, low-grade gold discovery and note that the current 35,000 m of drilling is woefully inadequate to demonstrate that potential.”
Tower Mountain consists of 115 single-cell mining claims, 64 optioned claims, 11 boundary claims, 1 owned patent and 5 patents held under option, totaling 2,038 hectares. The company said it is earning a 100% interest in the property and all agreements are current and in good standing. The northeastern portion of the property is dominated by the Tower Mountain Intrusive Complex, a multi-phase alkalic intrusion measuring approximately 2,200- by 1,200-m.
