Thunder Gold Corp. · TSXV:TGOL
Thunder Gold — Investor Presentation (January 2025)
30 slides from Thunder Gold's investor presentation, Jan 26, 2025
Slide 1: Thunder Gold Corp.
l GOLD CORP THUNDER
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Certain statements included in this presentation are forward-looking statements which are made pursuant t o the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. They include estimates and statements t ha t describe the Company
Slide 3: A Simple Analogy
A SIMPLE ANALOGY Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 3
Slide 4: The Opportunity
THE OPPORTUNITY 2011 Detour Lake Overview Similarities to Tower Mountain • Average grade @ ~ 1.0 g/t. • Strip Ratio • Metallurgical recovery Differences to Tower Mountain • Gold price is 3x higher. • Tower Mountain is located closer to established infrastructure. • Detour Lake had 900,000 metres mor
Slide 5: Dixie (LP Fault) vs. Tower Mountain
DIXIE (LP FAULT) vs. TOWER MOUNTAIN C u m u la t iv e M e t a l F a c t o r (A u g r a m -m e t r e s ) G r e a t B e a r ’s L P F a u lt Z o n e v s . T o w e r M o u n t a in D is c o v e r y D r ill P h a s e Select Drill Results Great Bear Resources LP Fault Target ( 2019-2020) vs. Tower Mountai
Slide 6: Executive Summary
The picture can't be displayed. EXECUTIVE SUMMARY ACQUIRED Tower Mountain – June 2020 2,500 ha. Intrusion-Related Deposit Signature 100% owned 01 02 Large-tonnage, low-grade (“LTLG”) All necessary infrastructure is in-place ~ 42,000 metres drilled & sampled 28,000 split-core samples 03 Tower 04 Year
Slide 7: Location and Infrastructure
LOCATION AND INFRASTRUCTURE Ontario Canada Tower Mountain Thunder Bay Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 7
Slide 8: Project History / Drill Highlights
PROJECT HISTORY / DRILL HIGHLIGHTS Noranda 1985-88 (38 holes - 2,880 m) Valgold 2002-2011 TGOL 2021-22 NO DETAILED RECORDS (104 holes - 23,115 m) (48 holes - 10,297 m) TM04-03 1.90 / 52.5 m UV TM21-94 1.20 / 82.5m ELLEN TGOL 2024 Inco 1988-90 TM04-09 1.95 / 78.0 m UV TM21-100 1.24 / 90.0 m ELLEN (13
Slide 9: Regional Geology
REGIONAL GEOLOGY Shebandowan Greenstone Belt (“SGB”) East Coldstream Coldstream Shebandowan 150+ k m long Archean Kesselrun Mine Goldie greenstone belt wit h Delta One Tower Mountain Intrusive Complex numerous gold showings Goldshore (“TM IC”) and k nown gold deposits Moss Lake u p t o 6.0 M oz. (6.
Slide 10: Local Geology
LOCAL GEOLOGY Western Contact Zone (historical drilling): • Conceptual exploration target: 4 0 to 80 million tonnes @ 0.80 to 1.20 g/t Au • Gold mineralization observed in both the host volcanic suite as well as the later intrusive suite Eastern Contact Zone (initial drilling) • P Target reported Ja
Slide 11: Bench / A Zone Surface Level Plan
BENCH / A ZONE SURFACE LEVEL PLAN ? Mineralization along the W estern Bench Target Contact occurs in all observed rock types w i t h minimal variation in tenor. Outlier values (greater th a n 15 g / t Au) are extremely rare. All 190 holes have been assayed from collar to the end of the hole. Mineral
Slide 12: Section A-B (A & Bench Zones)
SECTION A-B (A & BENCH ZONES) CONCEPTUAL PIT SLOPE @ 50 DEGREES A Target Bench Target The Western Contact presents numerous opportunities to increase the size of the “conceptual exploration ? target” defined by the historical drill coverage. There are gaps in the current drill coverage within a typi
Slide 13: Statistical Overview
STATISTICAL OVERVIEW BENCH TARGET ALL 5.0 m COMPOSITES BY LITHOLOGY Scatter Plot - Tower Mountain Duplicates (585 duplicates > 250 Au ppb) 4000 R² = 0.9971 3500 3000 Duplicate (Au ppb) 2500 2000 1500 1000 500 0 0 500 1000 1500 2000 2500 3000 3500 4000 Original (Au ppb) • Gold mineralization is agnos
Slide 14: P Target
P TARGET Hole ID From To Interval Au True Width (metres) (metres) (metres) (g/t) (est. metres) TM24-148 0.0 7.5 7.5 2.48 7.5 TM24-149 9.0 21.4 12.4 0.21 12.4 TM24-150 2.5 28.5 26.0 0.76 20.0 includes 4.5 8.7 4.2 1.64 3.2 and 16.8 24.5 7.7 1.01 5.9 TM24-151 1.5 27.0 25.5 1.77 20.0 includes 6.0 9.0 3.
Slide 15: P Target – Detail Plan & Typical Section
P TARGET – DETAIL PLAN & TYPICAL SECTION Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 15
Slide 16: Soil Geochemistry Targets
SOIL GEOCHEMISTRY TARGETS 100% TGOL RIGHTS Patents (other) Interpreted fault (OGS) Over 11,000 m of un-tested strike Interpreted Intrusion (OGS) potential = ~5X the current drill-defined Western contact: DH trace w Au > 0.30 g/t • P-P Extension = 500 metres of strike potential Crayfish Fault • P-H =
Slide 17: Magnetic (MAG) Targets
MAGNETIC (MAG) TARGETS 100% TGOL RIGHTS Patent (others) Interpreted fault (OGS) Interpreted Intrusion (OGS) Over 7,500 metres of un-tested strike DH trace w Au > 0.30 g/t East Potential = 5x the current drill defined Contact western contact: H • P-P Extension = 500 metres of strike potential • P-H M
Slide 18: Baseline Metallurgy
BASELINE METALLURGY The results indicate 80-90% of the gold is liberated and amenable to direct cyanidation regardless of grade and/or lithology. • Half-core samples f rom the Bench, Ellen, A, 110, BAE and UV targets (Western Contact Zone). • Random lithology, grade, location and elevation • Samples
Slide 19: Corporate Overview
CORPORATE OVERVIEW 01 Issued and Outstanding 227,467,484 Management and Board of Directors 02 Options 19,875,000 Wes Hanson P.Geo., President, CEO & Director 03 Warrants 45,967,494 4 0 years of experience focused o n the exploration, development, operation and acquisition of large tonnage, low grade
Slide 20: Executive Summary
The picture can't be displayed. EXECUTIVE SUMMARY ACQUIRED Tower Mountain – June 2020 2,500 ha. Intrusion-Related Deposit Signature 100% owned 01 02 Large-tonnage, low-grade (“LTLG”) All necessary infrastructure is in-place ~ 42,000 metres drilled & sampled 28,000 split-core samples 03 Tower 04 Year
Slide 21: Remember This
REMEMBER THIS Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 21
Slide 22: Contacts
CONTACTS THUNDER GOLD CORPORATION 128 – 1100 Memorial Ave. Thunder Bay, Ontario P7B 4A3 Wes Hanson, P.Geo. David Speck President & CEO CFO & Corporate Secretary whanson@thundergoldcorp.com dspeck@thundergoldcorp.com +1 647-202-7686 +1 647-968-8369 Visible gold in drill core – TM23-137 (941.0 g/t ove
Slide 23: Appendicies
APPENDICIES Tower Mountain Property Historical core library Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation
Slide 24: Grade Predictability
GRADE PREDICTABILITY SUMMARY TOWER MOUNTAIN DRILLING RESULTS (Composite data sorted randomly into equal bins) ALL COMPOSITES (5.0m) 190 holes 7,901 composites Avg. grade 0.307 g / t Au Avg. grade (capped) 0.242 g/t Au 110-UV TREND 154 holes (81%) 6,583 composites (83%) Avg. grade 0.346 g / t Au Avg.
Slide 25: All-In Sustaining Costs (AISC)
ALL-IN SUSTAINING COSTS (AISC) All In Sustaining Cost per Au oz ($US) relative to Reserve Grade $2,000 18 Macassa reserve g r a d e = 16.26 g / t Au All In Sustaining Cost (AISC) per ounnce $1,800 16 $1,600 14 AISC (3 yr) = $887/oz $1,400 12 $1,200 10 Au g/t $1,000 $800 8 6 Brucejack reserve g r a d
Slide 26: Gold Resource per Metre-Drilled
GOLD RESOURCE PER METRE-DRILLED TOTAL GOLD IN RESOURCES (ALL CATEGORIES) PER METRE DRILLED 180 Sixteen (16) LTLG Comps: Canada and US 160 M i n i m u m = 10 Au oz per metre-drilled 140 M a xi m u m = 156 Au oz per metre-drilled 120 Average = 35 Au oz per metre-drilled (REF. Slide A3) Au ounces 100 8
Slide 27: Premium Location
PREMIUM LOCATION There is no gold exploration project in Canada today offering the pre-existing, infrastructure Rogue present at Tower Mountain. Tower Mountain is: 50 km. from an international port. 50 km. from a population center of >100,000. 3 km. from t he Trans-Canada highway. 1 km. from t he pr
Slide 28: Mineralogy
MINERALOGY SUMMARY Gold is intimately associated w ith pyrite, occurring in t w o forms 1. As micron-scale inclusions wi t h i n fine, micron disseminated and/or vein-hosted pyrite (A and B at left); 2. As micron t o m m - scale grains hosted along fractures in pyrite wi t h i n m m t o c m - scale
Slide 29: Large Tonnage, Low Grade Comps
LARGE TONNAGE, L OW GRADE COMPS Market Capitalization : Measured, Indicated & Inferred Resources Resource-Reserve e s t i m a t e s sourced f r o m t h e l a t e s t p u b l is h e d Technical Reports a v a il a b l e for e a c h project as of February 10, 202 3; e xc e p t for DGC a n d RR All M a
Slide 30: Market Capitalization (C$ Million)
DRILLED METRES : TOTAL RESOURCE ALL d a t a sourced from the latest published Technical Reports available for each project as of February 10, 2023; except for DGC a n d RR 1. All d a t a sourced from the Detour Lake Feasibility Study, dated June 2010. 2. All d a t a sourced from the Rainy River Feas