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Thunder Gold Corp Provides Update on Tower Mountain Gold Property
Thunder Bay, Ontario--(Newsfile Corp. - November 14, 2022) - Thunder Gold Corp (formerly White...
About this update from Thunder Gold Corp.
[{"type":"text","content":"Thunder Gold Corp Provides Update on Tower Mountain Gold PropertyThunder Bay, Ontario--(Newsfile Corp. - November 14, 2022) - Thunder Gold Corp (formerly White Metal Resources Corp) (TSXV: TGOL) (FSE: CGK1) (OTC Pink: TNMLF) (\"Thunder Gold\" or the \"Company\") is pleased to provide the following update on exploration activity at its flagship Tower Mountain Property, located 50 km west of Thunder Bay, ON.Highlights include:4 km2 Induced Polarization survey is in-progress, estimated completion: Dec. 2022;20,800 metres of historical core has been re-logged to a standardized system;Gaps in the historical sample record have been sampled and submitted for analysis;Metallurgical testing indicates a gold recovery greater than 90%;Petrographic studies of representative samples is on-going; andData compilation of the available geological, geophysical and geochemical data is in-progress;Abitibi Geophysics (based in Val d'Or, QC), have mobilized to Tower Mountain to expand the 2021 Induced Polarization (\"IP\") survey coverage to the north, east and south of the Tower Mountain Intrusive Complex (\"TMIC\"). Abitibi is deploying their Distributed Array (\"DasVision\") IP system which produces 3-dimensional chargeability and resistivity inversions, ideal for highlighting large-tonnage gold deposits associated with broad, extensive pyrite mineralization to depths of over 1000 metres from surface.An additional 4 km2 of IP coverage is planned to evaluate the contact area surrounding the TMIC, a multi-phase alkalic intrusion intruded into predominantly intermediate volcanic rocks. Over twenty (20) known gold showings occur within a 500-metre-wide contact halo surrounding the TMIC (Ref. Figure 1). Gold mineralization occurs within the host volcanic sequence, as well as within some phases of the intrusive suite. Work to-date suggests that pyrite directly correlates to gold mineralization and the 2021 survey perfectly defines the Bench, A and 110 Targets, evidence that the DasVision system offers excellent potential to identify new targets elsewhere within the favourable halo surrounding the TMIC. The Company also reports that it has successfully salvaged, rehabilitated, and re-logged 20,800 metres of historical drill core, representing approximately 75% of the historical core library dating back to 1985. Re-logging was leveled to a standardized li...