Thunder Mountain Gold, Inc. · TSXV:THM

Thunder Mountain Gold — Investor Presentation (February 2009)

50 slides from Thunder Mountain Gold's investor presentation, Feb 24, 2009

  1. Slide 1: Thunder Mountain Gold, Inc.

    Jbuneden Vountaigicold, lnc. = Se a —- _ Thunden Mountain Gale) Ine B48 Chinden Bivdey | Sam Boise, Idaho 83714.

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements: Statements made which are not historical facts, such as anticipated production, exploration resilts, costs or sales lion, exploration project uncertainties, industrial cr ns ‘and project-development risks. Refer to the Company's Periodic Fil igs for a-moré detailed discus

  3. Slide 3: Presentation Objectives

    @ Presentation Objectives Ff ie | j Exploration’Project Summary view % O South Megat jaho nt: O) Clover Mo ain, Idaho O Trout Creek, Nevada C1 Tonopah, Nevada C1 Portland, Arizona CJ Gold Hill, Arizona

  4. Slide 4: Corporate and share information

    INCORPORATED: TRADING: COMMON SHARES AUTHORIZED: PREFERRED:SHARES AUTHORIZED: COMMON SHARES OUTSTANDING: “FREE TRADING” SHARES: CONTROL SHARE POSITION: tm Idaho, 1935 Nevada, 2008 NASDAQ — OTCBB 200,000,000 Shares 5,000,000 17.5M shares of Common Stock/Warrants - 07/31/08 6M (approximate), 30 indivi

  5. Slide 5: Shareholders, assets and financials

    COMMON SHAREHOLDERS: 2,038 (06/30/08) 12 Mo. TRADING RANG! ASSETS: ADDITIONAL ASSET: LIABILITIES/DEBT: FINANGIALS: OWNED SUBSIDIARIES: Ez $0.20-$0.45 US Properties and approx. $200K cash (1/1/09) $7.5 million Charitable Contribution Deduction made in,2005. Carryover for.5 years. None Audited and SOX

  6. Slide 6: South Mountain highlights

    Sel tech f hing comp ted by Kleinf oa Drilled 2.085 eet o NO and BO-Core®> = Mekaifiod Ore lization 300° Below Sq ‘ee Litchabilitated Sot Portalgind Work > sed 490 Privat Gres of Adjgining Grp 6 TotalPrivaté Acres) | kod: 21 yaad 2) Mining dims (4

  7. Slide 7: South Mountain Project

    South Mountain Project Located in Sections 33,34; .75.; R.SW. and Sections 9,10,11,14,15; 1.85.; R.5W. Boise Meridian, Owyhee County, Idaho Latitude: 42°44’ 40” North Longitude: 116° 55’ 16” West Approximately 70 air miles SW of Boise, Idaho and approximately 24 miles SE of Jordan Valley, Oregon LEC

  8. Slide 8: South Mountain Laxey Adit

    South Mountain Laxey Adit Williams Creek Exploration Drainage Camp

  9. Slide 9: South Mountain Camp and Workings

    . “south Mountain Camp and Workings r vs, Bpyptate Shaft ~~ aoe Ghneman Adit’ » Exploration Camp a Pia’ Laxey Adit §&* Williams Creek

  10. Slide 10: South Mountain history

    | GY 1874: South Mountain Consolidated Mi O) 1875 Bullion City had 3,000 Residents O 1930's; Development of the Laxey and So {4° 1940's: Anaconda Direct Ships 53,635 Ton® €)1950's: Defense Mineralseexploration Ad 01969: Property Consolidatéd & Purchased (1977; South’Mountain/Mining, Inc. Sonn © 2007

  11. Slide 11: Crude Ore Shipments: 1941-1953

    Crude Ore Shipments: 1941-1953 Total Tons: 53,653 Gold 0.058 opt 3,120 oz $900.00 $ 2,808,000 Silver 10.6 opt 566,440 oz $12.50 $ 7,080,500 Copper 1.4% 1,485,200 Ibs $1.35 $ 2,005,020 Lead 24% 2,562,300 Ibs $.50 $ 1,281,150 Zine 14.5% 15,593,100 Ibs $.50 $7,796,550 Total $20,971,220 Value per Ton $3

  12. Slide 12: South Mountain Mines: 1985 Ore Resource Estimate

    South Mountain Mines: 1985 Ore Resource Estimate: 470,000 Tons Gold 0.050 opt 23,500 oz $900.00 $ 21,150,000 Silver 7.53 opt | 3,539,100 oz $12.50 $ 44,238,750 Copper 0.94% 8,836,000 Ibs $1.35 $ 11,928,600 Lead 1.4% 13,160,000 Ibs $.50 $ 6,580,000 Zinc 9.77% | 91,638,000 Ibs $.50 $45,819,000 Total $

  13. Slide 13: Texas Shaft

    Tertiary Basalts Texas Shaft ~

  14. Slide 14: South Mountain Geology

    South Mountain Geology CO Isolated Exposure of Metasedimentary (Triassic?) and Intrusive Rocks O Mineralization Occurs as Skarn-Hosted, Zinc-Rich Polymetallic Sulfide Bodies and as Silver-Lead Replacement Veins O Massive Sulfide: Pyrrotite+Sphalerite+ChalcopyritetGalena ] Ore Zones Trend at 250°; -5

  15. Slide 15: South Mountain Sections A-A' and B-B'

    South Mountain Sections A-A’ and B-B’ NW and NE Trending Reverse (Detachment) Faulting Elevation in Feet Dip Under Intrusive 7009 54 aka

  16. Slide 16: South Mountain Geology

    South Mountain Geology CO Isolated Exposure of Metasedimentary (Triassic?) and Intrusive Rocks O Mineralization Occurs as Skarn-Hosted, Zinc-Rich Polymetallic Sulfide Bodies and as Silver-Lead Replacement Veins O Massive Sulfide: Pyrrotite+Sphalerite+ChalcopyritetGalena ] Ore Zones Trend at 250°; -5

  17. Slide 17: Long Section C-C' Showing Ore Zones & Underground Workings

    Long Section C-C’ Showing Ore Zones & Underground Workings Surface Drilling: 4,777 Feet Underground Drilling: 10,237 Feet Texas Shaft Laney Level Sonneman smi |_ 470,000 Ton Level es \ esource a ce OreZone - Cc Bindi Spmea2 Drill c ———__—_ Intercept mm Mined OreZones 0 Feet 1,000 l@ Intrusive Dikes

  18. Slide 18: DMEA-2 Ore Zone Block Calculation

    L I I I I I I DMEA-2 Ore Zone 5’x5x5’ 5414.25 Block Calculation sat 35| 33525} sss] $242.02] 284 0| 3283.00 323824 | soe | 087-74 20829] 27333] so s9| sz74 90] C150’ Vertical Projection O10 Cubic Feet/Ton amcor] sazee Cl $4,759,797 Contained Value 25346 |$s1738| 2040]

  19. Slide 19: Laxey Ore Zone: Stope on the Sonneman Level

    Laxey Ore Zone: Stope on the Sonneman Level Primary Ore Zone for Crude Ore Shipments (53,653 Tons) to Utah

  20. Slide 20: DMEA-2 Drill Target Projection

    DMEA-2 Drill Target Projection m DMEA-2 Drill Site Bes 042 Degrees -B6 Degrees Total Depth: 873 Feet Laxey Level DMEA-2 Drill Intercept Approximately 300 Feet Down Below Observed Mineralization on the Sonneman Level I ” Drill Target 21000 E Mm 18400 N 20800 E

  21. Slide 21: DMEA-2: Box 71 core

    OMEA2: BOX 71; 656’ 666 Sn oy f < 0:06 opt Au: 1.46 opt Ag: 7.76% Zn: 0.276% Cur 0.306%Pb) | - ae

  22. Slide 22: DMEA-2: Box 75 core

    DMEA 2: BOX 75; 693*- 702.5 ‘ | Oy t= ee 0.129 optAu:, 1.89 opt Ag: 2.18% Zn: 0.183% Cu 0.152% pbi ~ = 4 r ~ _ . z

  23. Slide 23: Texas Drill Site and Ore Zones

    ‘g——7-1 Dill Site Beating: 195 Degrees : “ Plunge: -60 Degrees East Texas Drill Site Total Depth: 1,222 Feet i Texas OreZones Texas Ore Zone: Drill Target Projection = Texas Target Zone q Intrusive Rocks to the South Appear to be Concordant with the Bedding ofthe Metasediments |, 22200 E

  24. Slide 24: South Mountain Geology

    South Mountain Geology CO Isolated Exposure of Metasedimentary (Triassic?) and Intrusive Rocks O Mineralization Occurs as Skarn-Hosted, Zinc-Rich Polymetallic Sulfide Bodies and as Silver-Lead Replacement Veins O Massive Sulfide: Pyrrotite+Sphalerite+ChalcopyritetGalena ] Ore Zones Trend at 250°; -5

  25. Slide 25: South Mountain Project: Intrusive Breccia Au Target

    South Mountain Project: Intrusive Breccia Au Target Intrusive Breccia Zone (5,000’x 1,500’): 0.49 ppm — 1.7 ppm Au Rock chips 1,000’x 800’ Orientation Soil Anomaly (0.31 ppm Au) «*_“laxey marble" preferred skarn host D! ES A jes mixed metaseds; schist, quartzite, carbonates iron élaam orspody BMERS

  26. Slide 26: South Mountain Intrusive Breccia Au Target soil survey

    South Mountain Intrusive Breccia Au Target § 7" ~ & Orientation Soil Survey i é 4 1,000’x 800" Au Soil . Anomaly .012 ppm to 0.31 ppm Au E ey ee E é é Suntain Project Ault owry Salis Stienration uth Mountain Project Au/ilzwn Salen

  27. Slide 27: cele See ee

    cele See ee

  28. Slide 28: Ras Pyrihotie =F

    Ras Pyrihotie =F

  29. Slide 29: Post-Mineral Brecciation

    + Post’ Mineral Brecciation Euhedral Quartz eo FFilling Wags x a \ 0.16 opt Au, 1.79 opt Ag, 17.6 %Zn, 0.13% Cu, 0.3% Ph oo + at OF + z =| fe I Lhe Pirillo vs (razbaal ela L. A se

  30. Slide 30: Gold Bearing Intrusive Breccia

  31. Slide 31: Clover Mountain Project

    Clover Mountain Project .~ x haar wins Located in Sections 24, 25; T.8S.; R.1W. and Sections 19, 30; T.88.; R.LE. Boise Meridian, Owyhee County, Idaho ‘ = Latitude: 42°42’ 34” North Longitude: 116° 24’ 10” West Approximately 60 air miles SW of pease sy — Boise, Idaho and approximately 30 miles SW of

  32. Slide 32: Clover Mountain Project

    Cliver Mountain Project

  33. Slide 33: Clover Mountain Soil Geochemistry

    Clover Mountain Soil Geochemistry QO) 215 Samples QO Initial 1500’x600" Grid Spacing 1 2007x200’ Infill Grid Spacing QO) Anomalous Au € Values Range as from a Trace to 0 Feet 1,000.7) 783 ppb Clover Claims Au in soils (PPM)

  34. Slide 34: Clover Mountain Soil Geochemistry

    Clover Mountain Soil Geochemistry Two Lobes of Au Mineralization Trending 040 and 060 Degrees Az Rough Geochem Contours ‘Au >20ppb: Red ‘Ag >500ppb: Green ‘As >50ppm: Orange

  35. Slide 35: Clover Mountain Soil Geochemistry

    Clover Mountain Soil Geochemistry Zn and Other Pathfinder Elements Trending at 305 Degrees Az Rough Geochem Contours Zn >100ppm: Dark Blue Sb >1.0ppm: Light Blue § >0.05%: Fuscia Hf >0.3ppm: Green Th >5.0ppm: Yellow Cd >0.5ppm: Pink

  36. Slide 36: Trout Creek Project

    Trout Creek Project Nevada Located in Sections 10, 11, 14, 16, 24, 22, 27; T.29N.; R.44E. Mount Diablo Baseline & Meridian, Esmeralda County, Nevada Latitude: 40° 23° 36” North Longitude: 117 00° 58” West Approximately 155 air miles NE of Reno, Nevada and approximately 20 mile SW of Battle Mountain,

  37. Slide 37: Trout Creek regional map

  38. Slide 38: Trout Creek target: gravity and magnetic anomalies

    O Target Defined by Regional Gravity High-Low Flexure =| O Ground Magnetic Anomaly Confirmed by THMG — on | O Trout Creek Target is fed at the tae Rie eta, | tha Fendi i Be { North-South:Jren fe,

  39. Slide 39: Gravity Base Map

    Gravity BasaMap

  40. Slide 40: West Tonopah Project

    West Tonopah Project Nevada Located in Section 3; T.2N.; R.42E. and Section 34; T.3S.; R.42E. Mount Diablo Baseline & Meridian, Esmeralda County, Nevada Latitude: 38° 03°40” North Longitude: 117 15’ 04” West Approximately 150 air miles SE of Reno, Nevada and approximately One mile SW of Tonopah, Nev

  41. Slide 41: Tonopah area map

  42. Slide 42: West Tonopah Project Looking Northeast

    West Tonopah Project Looking Northeast from Allied Nevada Gold’s Three Hills Project On at West Tonopaly Claim. Group

  43. Slide 43: Tonopah Project Schematic Cross Section

    Tonopah Project THMG West Schematic Cross Section z Eastfield Resources Ltd Thunder Mountain Tonopah Claims gasr Gold: West Tonopah “ Claim Group Tonopah Claims| WEST TH97-. Drill Target: South West Extension of the Ohio Vein at the Contact Between the Raaaaliont West End and Tonopah Rhyolites 40 Bu

  44. Slide 44: Portland Claim Group

    Portland Claim Group Located in Section 12, T.23N.; R.21W. Gila Salt River Base & Meridian, Mohave County, Arizona Latitude: 35° 23’ 50” North Longitude: 112° 28° 47” West Approximately 65 air miles SE of Las Vegas, Nevada and approximately 30 mile NW of Kingman, Arizona 19 unpatented mining claims

  45. Slide 45: Low Angle Structural Contact

    Low Angle Structural Contact y= Between Tertiary Volcani Precambrian Gneisse\; Western States Portland Mine Looking Northwest (Approximately Three Million Tons Mined in 1982-83)

  46. Slide 46: Portland Claim Group Looking West

  47. Slide 47: Gold Hill Claim Group

    Gold Hill Claim Group Located in Sections 1 and 12, T.AN.; R.13W. Gila Salt River Base & Meridian, La Paz County, Arizona Latitude: 39° 42°42” North Longitude: 11 32°54” West Approximately 100 air miles NW of Phoenix, Arizona and approximately six mile SE of Salome, Arizona 22 unpatented mining clai

  48. Slide 48: Gold Hill Claim Group Looking Southwest

    Gold Hill Claim Group Looking Southwest N pth Ghiess S Gold,Hill Target Area Gold Hill Claini Group: 5.14 ppm Au, 0,39% Cu in Silicified, FeOx Stained, Brecciated Gnelss. Located 3,5 Miles NE of the little’ Harquahala Mite :

  49. Slide 49: Historic Prospects on the Gold Hill Claim Group

  50. Slide 50: 2009 Exploration and Development

    2009 Exploration and Development (Level 2 Exploration Budget $691,000)

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