Thunder Gold Corp. · TSXV:TGOL
Thunder Gold — Investor Presentation (September 2023)
25 slides from Thunder Gold's investor presentation, September 2023
Slide 1: The Right Project; The Right Time; The Right Team
The Right Project; The Right Time; The Right Team
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT Certain statements included in this presentation are forward-looking statements which are made pursuant to the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. They include estimates and statements that describe the Company’s
Slide 3: Executive Summary
EXECUTIVE SUMMARY Tier One Large-Tonnage, Low-Grade (“LTLG”) opportunity: Eastern Shebandowan +10.0M oz Au resource target; 01 02 Greenstone Belt (“SGB”) +500,000 oz Au annual production target; A developing, district scale, gold camp + 10-year mine life target. Exploration since 1988 has establishe
Slide 4: The Right Project
THE RIGHT PROJECT THE EASTERN MISTANGO SHEBANDOWAN GREENSTONE BELT “ A district scale opportunity in a premium Canadian jurisdiction” DELTA Delta 1 Delta 1 Discovery Three (3) E-W striking, sub-parallel gold zones; DELTA Bonanza gold grades associated with cm.-scale quartz- carbonate-tourmaline stoc
Slide 5: The Right Time
THE RIGHT TIME 6% ROI for the past 20-years; Gold price appears poised to move higher; Gold equities are discounted at all time lows – a once in a lifetime opportunity; Gold demand continues to outstrip supply; RoW middle class transition will drive gold demand; Major gold producers are challenged b
Slide 6: The Right Team
THE RIGHT TEAM 01 Issued and Outstanding 171,900,818 Management and Board of Directors 02 Options ($0.05 - $0.15 strike price) 13,825,000 Wes Hanson P.Geo., President, CEO and Director 0 3 Warrants ($0.06 - $0.18 strike price) 11,614,205 40 years of experience focused on the exploration, development
Slide 7: Location Access & Infrastructure
LOCATION ACCESS & INFRASTRUCTURE Located 50 kms west of Thunder Bay (pop. 115,000); 3.0 kms south of the Trans-Canada Highway, Canadian National & Canadian Pacific railways with ON hydro transmission line to the west; I G J UV K L M H 1,968 ha of contiguous, patented and unpatented claims in good N
Slide 8: Local Geology & Model
LOCAL GEOLOGY & MODEL Tower Mountain is currently interpreted to be an Intrusion Related Gold Deposit (“IRGD”); IRGD’s are highly desirable exploration targets offering large tonnages at uniform gold grades. At least 3 (or more) phases of the TMIC are interpreted to have introduced gold into the sys
Slide 9: Typical Core
TYPICAL CORE Feldspar Porphyry <0.1 up to 15.0 g/t Au Volcanic fragmental <0.1 up to 100.0 g/t Au Syenite <0.1 up to 15.0 g/t Au Thunder Gold Corp. (TMX.V: TGOL , OTCQB: TGOLF , FRA: Z25) September 2023 – Corporate Presentation 9
Slide 10: Tower Mountain (2002-Present)
TOWER MOUNTAIN (2002-PRESENT) Thunder Gold - Results 2021-2023 Thunder Gold - Results 2002-2011 Hole ID From To Interval Au g/t MF Hole ID From To Interval Au g/t MF TM21-94 10.0 92.5 82.5 1.746 144 TM02-03 165.50 236.00 70.50 1.050 74 TM21-100 23.0 113.0 90.0 1.233 111 TM03-11 51.00 91.50 40.50 1.2
Slide 11: 110-UV Looking Northwest (+0.30 g/t Au)
110-UV LOOKING NORTHWEST (+0.30 g/t Au) N BY THE NUMBERS • 886 surface samples; • 119 channel samples; • 190 diamond core holes; Tower • 41,250 metres drilled; Mountain • 27,442 sample intervals; • 2,000 ha airborne MAG-EM; • 4.0 km2 Induced Polarization; • 1,800 metre strike length; • 100-500 metre
Slide 12: Predictability
PREDICTABILITY SUMMARY TOWER MOUNTAIN DRILL 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. grade (cappe
Slide 13: Observations
OBSERVATIONS BENCH TARGET ALL 5.0m COMPOSITES BY BENCH -HIGH CHARGEABLE 5.0m LITHOLOGY COMPOSITES BY LITHOLOGY • Gold is agnostic to lithology, alteration, year, drilled orientation even random ; • Only observed correlation to date is a direct correlation between contained pyrite and gold grade; • D
Slide 14: Geophysical Vectors
GEOPHYSICAL VECTORS MAG breakline (solid white line) Perfectly matches mapped limit of TMIC; NE IP Chargeability underlay at -200 metre depth; PRIORITY UNTESTED DRILL TARGETS (dashed lines) 5x discovery potential 1) AD110E 1000 x 300 metre target Contiguous to known mineralization Coincident MAG low
Slide 15: Large-Tonnage, Low-Grade Metrics
LARGE-TONNAGE, LOW-GRADE METRICS Average Annual Mill Feed Grade (Au g/t) Select Mines 1.4 1.2 Fort Knox Average Feed grade (Au g/t) 1 Malartic 0.8 0.6 Detour Lk. Paracatu 0.4 0.2 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Year SOURCES :
Slide 16: Comps – World
COMPS – WORLD Reported Headline Drill Results - May 15 to September 23, 2023 10000 Tower Mountain 2004-2023 Grade (Au g/t) X Interval Length (metres) = Metal Factor 1000 90% of total population 100 (317 data points) 10 1 Sources and References: New Found Gold Press Releases – May to September 2023;
Slide 17: The Truth About Gold Grades
THE TRUTH ABOUT GOLD GRADES All In Sustaining Cost per Au oz ($US) relative to Reserve Grade $2,000 18 All In Sustaining Cost (AISC) per ounnce $1,800 16 $1,600 14 $1,400 $1,200 12 Macassa reserve grade = 16.26 g/t Au 10 Macassa AISC (3 yr) = $887/oz Au g/t $1,000 8 $800 6 $600 $400 4 Brucejack rese
Slide 18: Preliminary Metallurgy
PRELIMINARY METALLURGY Metallurgical Results – Tower Mountain • Representative half-core samples. • Standard bottle roll tests – 40% by weight in solution @ 1.0g NaCN/L solution; 72-hour test • Head grades ranged from 0.325 g/t to 3.599 g/t Au and averaged 1.124 g/t Au. • Recoveries ranged from a lo
Slide 19: What We Have Delivered
WHAT WE HAVE DELIVERED • Preliminary metallurgical testing : +90% recovery indicated; Bond Work Index ~ 20 W (kWh/tonne); ABA tailings indicated net neutralizing potential; • Doubled Induced Polarization Coverage Approximately 10,000 metres of untested Chargeable anomalies identified; • Additional m
Slide 20: Gold Resource per Drilled Meter
GOLD RESOURCE PER DRILLED METER Gold Resource (Oz) per metre Drilled 180 160 Sixteen (16) LTLG Comps – Canada and US 140 120 Minimum = 10 Au oz per metre drilled Maximum = 156 Au oz per metre drilled Au ounces 100 80 Average = 35 Au oz per metre drilled (REF. Slide A3) 60 40 LTLG gold deposits requi
Slide 21: Five Year Plan
FIVE YEAR PLAN Conceptual 5 Year Plan - Annual Resource & Reserve Targets 2023 1.5 45,000 metres Conceptual Valuation Metrics 2024 3.0 90,000 metres (as per Slide A2 – LTLG Comparables ) 2025 6.0 180,000 metres Proven & Probable Reserves $80/ Au oz 2026 6.0 6.0 Measured & Indicated Resources $40/ Au
Slide 22: Contacts
CONTACTS THUNDER GOLD CORPORATION 684 Squier Street, Thunder Bay, Ontario P7B 4A8 Wes Hanson, P.Geo., David Speck President and CEO CFO whanson@thundergoldcorp.com dspeck@thundergoldcorp.com +1 647-202-7686 +1-647-968-8369 Thunder Gold Corp. (TMX.V: TGOL , OTCQB: TGOLF , FRA: Z25) September 2023 – C
Slide 23: Appendicies
APPENDICIES Tower Mountain Property Historical core library Thunder Gold Corp. (TMX.V: TGOL , OTCQB: TGOLF , FRA: Z25) September 2023 – Corporate Presentation A1
Slide 24: LTLG Comparables
LTLG COMPARABLES Market Capitalization : Measured, Indicated & Inferred Resources Resource-Reserve estimates sourced from the latest published Technical Reports available for each project as of February 10, 2023; except for DGC and RR All Market Capitalization based on TMX Money close as at February
Slide 25: Market Capitalization (C$ Million)
DRILLED METRES : TOTAL RESOURCE ALL data sourced from the latest published Technical Reports available for each project as of February 10, 2023; except for DGC and RR 1. All data sourced from the Detour Lake Feasibility Study, dated June 2010. 2. All data sourced from the Rainy River Feasibility Stu
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