Thunder Gold Completes Phase Two Drill Program at the Tower Mountain Gold Property | TGOLF Stock News

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4 days ago
  • Thunder Gold Corp (TGOLF, Financial) successfully completed its Phase Two drill program at the Tower Mountain Gold Property.
  • The 13-hole program covered 1,773 metres with an all-in cost below C$260 per metre.
  • Results from the drilling are anticipated by mid-August 2025, with Phase Three set to launch in September 2025.

Thunder Gold Corp (OTCQB: TGOLF) has announced the completion of its Phase Two drill program at the 100%-owned, 2,500-hectare Tower Mountain Gold Property, located in the Shebandowan Greenstone Belt, 50 kilometers west of Thunder Bay, Ontario. The program involved drilling 13 holes totaling 1,773 metres with an all-in cost below C$260 per metre. Key targets tested include the P-Target, A-Target, 3738 target, and H-Target.

The 3738 target had previously yielded significant results including 35.14 g/t Au over 41.0 metres, showcasing the property's potential. Thunder Gold is currently in the process of cutting samples with results expected by mid-August 2025. This will provide the foundation for the company's fully-funded Phase Three drill program, which is set to commence in September 2025.

President and CEO Wes Hanson commented on the program's timely and cost-effective execution, noting that the findings from Phase Two will determine the scope and focus of the forthcoming Phase Three exploration efforts. These future plans include infill soil geochemistry testing along the southern contact of the Tower Mountain Intrusive Complex, targeting the expansive, previously untested gold-in-soil anomaly.

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