Great Thunder Gold Adds Fourth Land Position to Newfoundland Portfolio

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[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - Great Thunder Gold Corp. (CSE: GTG) (OTC Pink: GTGFF) (FSE: M4KQ-FF) (\"Great Thunder\" or the \"Company\") is pleased to announce it has entered into an option agreement to acquire 22 claims totaling 550 hectares located 45 kilometres (\"km\") north of the town of Gander, NL (Figure 1). The Bursey's North claim group (the \"Property\") lies along the GRUB line, a crustal scale structural corridor believed to be one of the major fluid conduits related to the Gander Gold belt and New Found Gold's \"Keats Zone\" hosting bonanza high-grade gold mineralization where recent dill results of 146.2 g/t Au over 25.6m were reported (see press release dated May 21, 2021). This acquisition is an extension of the Bursey's Property which Great Thunder acquired alongside the GRUB property (see News Release dated June 3rd, 2021). Figure 1. Regional location of the Bursey's North Property. Under the terms of the option agreement, Great Thunder can acquire a 100% interest in the Bursey's North claims from the option or by paying $5,000 and issuing 100,000 shares immediately, incurring $25,000 of exploration expenses within two years and granting a 2% net smelter returns royalty. The Company may repurchase three-quarters of the royalty at any time for $2,000,000. The Company paid a finder's fee of 10,000 shares in respect of the transaction. Bursey's North Claim Group The Property lies along the GRUB Fault, a crustal scale fault zone that divides the Gander Zone from the Exploits Subzone and extends over 200 km in a southwest trend. (Figure 2). The GRUB structural corridor and related splay faulting hosts the Appleton Fault and JBP Fault home to the Queensway Gold Project of New Found Gold that reportedly contains 2 gold discoveries, the Keats and Lotto Zones, and an additional 10 high grade gold showings https://newfoundgold.ca/project/queensway-project/. The Bursey's North Property is located over and adjacent to a carbonatized ultramafic unit with quartz-carbonate veining known as the Gander River Ultramafic Belt. The spatial relationship of gold mineralization to faults zones with carbonatized ultramafic rocks suggests a comparison to the Mother Lode Belt in California, a general deposit model where the carbonatization of ultramafic rocks and the development of gold veins in...

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