Great Thunder Gold Options Northbound Gold Property

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[{"type":"text","content":" VICTORIA, BC / ACCESSWIRE / February 4, 2020 / Great Thunder Gold Corp. (TSXV:GTG) is pleased to announce the option of the Northbound gold property, contiguous to northwest of the Wallbridge Mining Company Ltd. Fenelon Gold Deposit, approximately 85 kilometres northwest of the town of Matagami in northern Quebec. Great Thunder can acquire a 100% interest, subject to a 3% net smelter returns royalty, in the 21 mineral claims totaling 1,162.04 hectares of the Northbound Property. The Northbound property is underlain by Jeremie Pluton, an intrusive body becoming increasingly important at the contiguous Wallbridge Fenelon property. Wallbridge exploration in 2019 tested strike extensions of known mineralization from the metasediments and metavolcanics and gabbro into the Jeremie pluton. Wallbridge drilling to date has confirmed the extensions of the gold-bearing mineralized zones well into the pluton and the zones appear to be open further into the pluton. Great Thunder cautions investors that mineralization on the Wallbridge Fenelon property is not necessarily indicative of similar mineralization on the Great Thunder Northbound property. The Northbound property optionors recently completed a Long Wave InfraRed (LWIR) survey over the Northbound property. LWIR utilizes the long wave infrared bands on the Aster Satellite to penetrate through vegetation into the top 30 to 60 centimetres of the earth's surface. While the long wave data is readily available, the algorithms to process the data are proprietary. The survey measures the individual mineral reflectance spectroscopy of the various constituent minerals against known standards to highlight anomalies within the area surveyed. The Aster data comes in predetermined sheets so the data included much of the surrounding area, including the ground underlying the Wallbridge Fenelon property. The resulting plots for each of the 16 end members identified in the survey were examined for anomalies on the Northbound property. Anomalies were also examined on the Wallbridge Fenelon property to compare and contrast against the Northbound property. Three key conclusions were drawn from the LWIR: While the Fenelon deposit shows a rather muted response under the LWIR, at least one of the key minerals share similar responses at Fenelon and on the Northbound claim block, hematite; The LWIR is suggest...

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