Thunder Gold Corp. · TSXV:TGOL
Thunder Gold — Investor Presentation (January 2025)
32 slides from Thunder Gold's investor presentation, Jan 19, 2025
Slide 1: Thunder Gold Corp
- THUNDER GOLD CORP
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: The Opportunity
THE OPPORTUNITY 2011 Detour Lake Fundamentals 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 more dril
Slide 4: A Simple Analogy
A SIMPLE ANALOGY Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 4
Slide 5: Executive Summary
EXECUTIVE SUMMARY ACQUIRED Tower Mountain – June 2020 j 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 of drilling representing 03 Tower 04 Year-round highway access Rail and hydro at property
Slide 6: Location and Infrastructure
LOCATION AND INFRASTRUCTURE Ontario Tower 48 km OVERVIEW Mountain 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 2,500 hectares 100% owned by TGOL Ontario is a premium mining juris
Slide 7: 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 8: Regional Geology
REGIONAL GEOLOGY Shebandowan Greenstone Belt (“SGB”) East Coldstream Shebandowan 150+ km long Archean Coldstream Kesselrun Mine Goldie greenstone belt with Delta One Tower Mountain Intrusive Complex numerous gold showings Goldshore (“TMIC”) and known gold deposits Moss Lake up to 6.0 M ozs. (6.0 M o
Slide 9: Local Geology
LOCAL GEOLOGY Historical drilling along the Western Contact Zone offers a conceptual exploration target of 40 to 80 million tonnes @ 0.80 to 1.20 g/t Au. The P target trends parallel to the western intrusive complex and traces to a series of gold-in-soil anomalies defining over 2,000 metres of untes
Slide 10: Bench / A Zone Level Plan @ 450m
BENCH / A ZONE LEVEL PLAN @ 450m ? Mineralization along the western Bench Target contact occurs in all observed rock types with minimal variation in tenor. Outlier values (greater than 15 g/t Au) are extremely rare. All 190 holes have been assayed from collar to the end of hole. Mineralization is ob
Slide 11: 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 ty
Slide 12: Composite Assay Statistics
COMPOSITE ASSAY STATISTICS 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
Slide 13: Predictability
PREDICTABILITY Scatter Plot - Tower Mountain Duplicates (585 duplicates > 250 Au ppb) 4000 R² = 0.9971 3500 3000 2500 Duplicate (Au ppb) 2000 1500 1000 500 0 0 500 1000 1500 2000 2500 3000 3500 4000 Original (Au ppb) Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Pres
Slide 14: P Target – Eastern Opportunity
P TARGET – EASTERN OPPORTUNITY 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
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: P Target Phase 2 Exploration
P TARGET PHASE 2 EXPLORATION Proposed OBJECTIVE Proposed Demonstrate conceptual exploration target of 200,000+ oz. at an average cost of < $5.00 / oz. Four drill sections @ 50-metre spacing Ten holes targeting 50, 100 and 200 metres below initial 2025 drilling Total of 2,600 metres to define. CONCEP
Slide 17: Soil Geochemistry = Multiple Targets
SOIL GEOCHEMISTRY = MULTIPLE TARGETS ~ 50% coverage of claims. Signature response coincident with all known gold mineralization along western contact. NINE (9) new targets identified (R to Z). NONE are DRILL TESTED. Anomaly X, a multi-station, upper decile soil anomaly lies 500 metres southeast of t
Slide 18: BAE Target Phase 2 Exploration
BAE TARGET PHASE 2 EXPLORATION Proposed OBJECTIVE Demonstrate a conceptual exploration target of ~ 100,000 ozs in the BAE target area. 1.26 / 17.5m 0.71 / 119.0m Three drill sections @ 50-metre spacing Three holes targeting 50-metre spacing on either side of existing holes CONCEPTUAL Results 150-met
Slide 19: Baseline Metallurgy
BASELINE METALLURGY Half core samples from the Bench, Ellen, A, 110, BAE and UV targets (Western Contact Zone). Random lithology, grade, location and elevation. Samples ground to a P80 of 75 microns 48-72 hour bottle rolls at 40% density, pH 10.5- 11.0 with 1.0 g/L NaCN. Results range from a low of
Slide 20: Corporate Overview
CORPORATE OVERVIEW 01 Issued and Outstanding 206,634,151 Management and Board of Directors 02 Options ($0.05 - $0.15 strike price) 12,125,000 Wes Hanson P.Geo., President, CEO & Director 0 3 Warrants ($0.10 strike price) 33,988,333 40 years of experience focused on the exploration, development, oper
Slide 21: Executive Summary
EXECUTIVE SUMMARY ACQUIRED Tower Mountain – June 2020 j 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 of drilling representing 03 Tower 04 Year-round highway access Rail and hydro at property
Slide 22: Remember This
REMEMBER THIS Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation 22
Slide 23: 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 24: Appendicies
APPENDICIES Tower Mountain Property Historical core library Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q1 2025 – Corporate Presentation
Slide 25: 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 the Trans-Canada highway. 1 km. from the prop
Slide 26: 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 27: 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 28: 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 $800 6 Brucejack reserve grade = 8.40
Slide 29: Gold Resource per Metre-Drilled
GOLD RESOURCE PER METRE-DRILLED TOTAL GOLD IN RESOURCES (ALL CATEGORIES) PER METRE DRILLED 180 Sixteen (16) LTLG Comps: Canada and US 160 Minimum = 10 Au oz per metre-drilled 140 Maximum = 156 Au oz per metre-drilled 120 Average = 35 Au oz per metre-drilled (REF. Slide A3) Au ounces 100 80 LTLG gold
Slide 30: Cumulative Metal Factor Comparison
CUMULATIVE METAL FACTOR COMPARISON Cumulative Metal Factor Comparison Great Bear’s LP Zone vs. Thunder Gold’s Tower Mountain 10000 9000 Metal Factors for Great Bear’s LP Fault Deposit, Cumulative Metal Factor (Au gram metres) 8000 representing 80% of Kinross’ 2023 MRE for the Dixie Property, are tak
Slide 31: Large Tonnage, Low Grade Comps
LARGE TONNAGE, LOW GRADE COMPS Market Capitalization : Measured, Indicated & Inferred Resources Resource-Reserve estimates sourced from the latest published Technical Reports available for each project as of February 10, 202 3; except for DGC and RR All Market Capitalization based on TMX Money close
Slide 32: Market Capitalization (C$ 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