Thunder Gold Corp. · TSXV:TGOL
Thunder Gold — Investor Presentation (September 2024)
33 slides from Thunder Gold's investor presentation, September 2024
Slide 1: a a [e) Oo a a) [e) O
a a [e) Oo a a) [e) O
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: Tower Mountain - Analogy
TOWER MOUNTAIN - ANALOGY Exploration to The Target TMIC Date Opportunity M od ifie d from O n ta rio G e olog ic a l S u rve y (“O G S ”) d a ta . Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q2 2024 – Corporate Presentation 3 07
Slide 4: Executive Summary
EXECUTIVE SUMMARY 100% owned Intrusion-Related Deposit Signature 2,500 ha. Assembled 01 02 Large-tonnage, low-grade (“LTLG”) Acquired June 2020 All necessary infrastructure is in-place ~ 41,000 metres of drilling representing 03 Tower 04 Year-round highway access Rail and hydro lines are at the gate
Slide 5: Beneficial Location
BENEFICIAL LOCATION There is no gold project in Canada today offering the pre-existing, publicly funded, infrastructure Rogue present at Tower Mountain. Tower Mountain is: • 50 kms from a port • 50 kms from a population center of >100,000 • 3 kms from the Trans-Canada highway Blackwater • 2 kms from
Slide 6: Infrastructure Is Built
INFRASTRUCTURE IS BUILT Ontario 48 km OVERVIEW Less than 50 km from Thunder Bay, Ontario (pop. +100,000) Thunder Bay offers: International Airport; Great Lakes Seaport; National Railway access Trans-Canada Highway Tower Mountain ("TM") lies within 3 km of road, rail and hydro. ~2,650 hectares 100% o
Slide 7: Regional Geology
REGIONAL GEOLOGY Shebandowan Greenstone Belt +150 km long Archean East Coldstream greenstone belt Coldstream Shebandowan Mine Goldie Assessment reports Delta One indicate spatial association Tower Mountain Intrusive Moss Lake Complex between known gold (6.0 M oz (“TMIC”) showings and intrusive Au) r
Slide 8: Local Geology
LOCAL GEOLOGY P Target 27 samples across 100m length 2,500 ha – 100% owned 6.0 g/t Au (average) Highest sample = 27.0 g/t Au 190 holes – 41,000 metres drilled Less than 40% of claim area is prospected Diamond drilling limited to 1,800-metre long x 500-metre wide corridor of brittle deformation paral
Slide 9: Tower Mountain Selected Drill Results
TOWER MOUNTAIN SELECTED DRILL RESULTS UV Target (2002) U V Ta rg et (20 0 2-20 0 7) F e ld sp a r P orp h yry h os t B e n c h Ta rg et 20 0 5-20 11 M ixe d s ye n ite -volc a n ic h os t E llen & A Ta rg et (20 21-22) M ixe d s ye n ite -volc a n ic h os t 2023 drilling indicates P Target B A E Ta
Slide 10: Targets w Mag Inversion Underlay
TARGETS w MAG INVERSION UNDERLAY BENCH (800 m X 300 m) - VOLCANICS 126 samples (TR to 8.46 g/t – AVG = 0.53 g/t) 35% of pop. > 0.25 g/t UV (350 m X 100 m) INTRUSIVES 60 samples (TR to 3.49 g/t – AVG = 0.32 g/t) 33% of pop. > 0.25 g/t) A (120 m X 40 m) VOLCANICS 36 samples TR to 16.2 g/t – AVG = 2.14
Slide 11: Exploration Opportunities
EXPLORATION OPPORTUNITIES PRIMARY EXPLORATION TARGETS Est. $3.0 to $5.0 MM Budget (Drilling) C (A) Eastern contact of Intrusion F ~1800m strike length offering a parallel contact target with a coincident IP chargeable response – P target surface sampling returned the highest tenor gold results anywh
Slide 12: Regional Exploration Opportunities
REGIONAL EXPLORATION OPPORTUNITIES CRAYFISH CREEK FAULT EXPLORATION TARGETS 2. IP SURVEY 1. REGIONAL PROSPECTING WIDE SPACED DRILLING 1. Junction of Crayfish-Thunder Lake Faults 3. 2. (B) 5000 m western strike length of the Crayfish fault 4. 3. (C) 2000 m strike length of Thunder Lake fault featurin
Slide 13: Mineralogy
MINERALOGY SUMMARY Gold is intimately associated with pyrite, occurring in two forms 1. As micron-scale inclusions within fine, micron disseminated and/or vein-hosted pyrite (A and B at left); 2. As micron to mm-scale grains hosted along fractures in pyrite within mm to cm-scale quartz- carbonate-to
Slide 14: Statistical Analysis
STATISTICAL ANALYSIS BENCH TARGET ALL 5.0 m COMPOSITES BY BENCH -HIGH CHARGEABLE 5.0 m LITHOLOGY COMPOSITES BY LITHOLOGY • To-date, gold mineralization is agnostic relative to lithology, alteration or any combination of these two observable features; • The ONLY observed correlation to-date is a dire
Slide 15: Proven Geophysical Vectors
PROVEN GEOPHYSICAL VECTORS M A G N E TIC S IN D U C E D P O L A R IZA TIO N C H A R G E A B IL ITY • A c c u ra tely m a p s th e in tru sion , p a rtic u la rly th e p h a s e s w ith e le va te d • A c c u ra tely m a p s e le va ted p yrite c on ten t; m a g n e tite ; • P yrite d ire c tly c orr
Slide 16: Deposit Paragenesis
DEPOSIT PARAGENESIS D e p osition of In te rm e d iate V olc an ic H os t R oc k s TM IC In tru sion (m u lti-p h ase in tru sion ) F e ld spa r P orp h yry In tru sion (g old b e arin g ) B rittle D e form ation (H yd roth erm al B re c c iation ) A lb ite A lte ra tion C a rb on itiza tion – S e r
Slide 17: 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. gra
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 low
Slide 19: Cumulative Metal Factor Comparison
CUMULATIVE METAL FACTOR COMPARISON C u m u la tive M e ta l F a c tor C om pa rison G rea t B e a r’s L P Z on e vs . Th u n d er G old ’s Tow er M ou n tain 10 0 0 0 90 0 0 Metal Factors for Great Bear’s LP Fault Deposit, C u m u la tive M e ta l F a c tor (A u g ra m m e tre s) 8000 representing 8
Slide 20: District Comparables
DISTRICT COMPARABLES C u m u la tive M e ta l F a c tor (U n c a pped ) C u m u la tive M e ta l F a c tor (C a pp ed ) 6000 3000 Metal Factor (Au gram-metres) Metal Factor (Au gram-metres) 5000 2500 4000 2000 3000 1500 2000 1000 1000 500 0 0 1 11 21 31 41 51 61 71 81 1 11 21 31 41 51 61 71 81 Repor
Slide 21: The Team
THE TEAM 01 Issued and Outstanding 206,634,151 Management and Board of Directors 02 Options ($0.05 - $0.15 strike price) 14,315,000 0 3 Warrants ($0.06 - $0.12 strike price) Wes Hanson P.Geo., President, CEO & Director 45,047,038 40 years of experience focused on the exploration, development, operat
Slide 22: Executive Summary
EXECUTIVE SUMMARY 100% owned Intrusion-Related Deposit Signature 2,500 ha. Assembled 01 02 Large-tonnage, low-grade (“LTLG”) Acquired June 2020 All necessary infrastructure is in-place ~ 41,000 metres of drilling representing 03 Tower 04 Year-round highway access Rail and hydro lines are at the gate
Slide 23: Remember This
REMEMBER THIS Drilled Intrusion Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q2 2024 – Corporate Presentation 23
Slide 24: Contacts
CONTACTS THUNDER GOLD CORP. 128 – 1100 Memorial Ave. Thunder Bay, Ontario P7B 4A3 Wes Hanson, P.Geo. David Speck President & CEO CFO & Corporate Secretary whanson@thundergoldcorp.com dspeck@thundergoldcorp.com +1 647-202-7686 +1 647-968-8369 Visible gold in drill core – TM23-137 (941.0 g/t over 1.5
Slide 25: Appendicies
APPENDICIES Tow e r M ou n ta in P rop e rty H is toric a l c ore lib ra ry Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q2 2024 – Corporate Presentation
Slide 26: All-In Sustaining Costs (AISC)
ALL-IN SUSTAINING COSTS (AISC) All In Sustaining Cost per Au oz ($US) relative to Reserve Grade $2,000 18 Macassa reserve grade = 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 8 $800 6 Brucejack reserve grade = 8.40
Slide 27: Comps – World - 2023
COMPS – WORLD - 2023 JUNIOR MINING HUB; REPORTED DRILL RESULTS (METAL FACTOR) Tower JAN 1 -DEC 31,2023 Mountain 10000 2004-2023 1000 Metal Factor (Au gram-metres) 90% of total population 100 (317 data points) 10 1 0 100 200 300 400 500 600 700 800 900 Interval Count (#) Thunder Gold Corp. (TSX.V: TG
Slide 28: The Benefit of Infrastructure
THE BENEFIT OF INFRASTRUCTURE Critical Infrastructure Comparison to five (5) ACTIVE "LTLG" projects, in 1000 no set order: 900 800 700 Moss Lake (GSHR) Ontario kilometres 600 500 Tower (ME) Ontario 400 Blackwater ((ARTG) British Columbia 300 Rogue (SGD) Yukon and 200 100 Springpole (FF) Ontario 0 Di
Slide 29: Comps - Physical Properties
COMPS - PHYSICAL PROPERTIES P H YS IC A L C O M P S (D E P O S IT) A V E R A G E R E P O R TE D G O L D G R A D E S 100 90 1.00 80 0.90 70 0.80 60 0.70 0.60 Au (g/t) 50 0.50 40 0.40 30 0.30 20 0.20 10 0.10 0 - Bond Work Index (kWh/t) Metallurgical Recovery (%) Average grade (g/t) Average grade (g/t)
Slide 30: Comps - Market Valuation
COMPS - MARKET VALUATION C U R R E N T M IN E R A L R E S O U R C E E S TIM A TE S V A L U A TIO N C O M P S 1400 14.00 1200 12.00 1000 Au (oz x 1,000.000) 10.00 800 8.00 600 6.00 400 4.00 200 2.00 0 Shares I/O (x1,000,000)) Market Cap ($ x1,000,000) - Total Mineral Resource TGOL C1 C2 C3 C4 C5 TGOL
Slide 31: 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 Minimum = 10 Au oz per metre-drilled 140 Maximum = 156 Au oz per metre-drilled 120 Average = 35 Au oz per metre-drilled (REF. Slide A3) Au ounces 100 80 LTLG gold
Slide 32: Large Tonnage, Low Grade Comps
LARGE TONNAGE, LOW GRADE COMPS 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
Slide 33: 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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