Slide 1: The Right Project, The Right Time, The Right Team
The Right Project The Right Time The Right Team
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS 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: Why Thunder Gold
WHY THUNDER GOLD Geological model suggests Tower TGOL is significantly Mountain offers Tier-One discovery 01 02 undervalued relative to potential (>10.0 M oz resource) potential asset value Management and Board with more than 120 years combined geological Gold price currently soft– but long- experti
Slide 4: Capital Structure as at Aug. 19, 2022
CAPITAL STRUCTURE AS AT AUG. 19, 2022 01 Shares Issued and Outstanding 147,000,750 02 Stock Options ($0.10 - $0.15 strike price) 10,705,000 03 Warrants ($0.09 - $0.20) 25,442,272 04 Fully Diluted Issued and Outstanding 183,148,022 Insiders 18% Treasury Institutions (July 30, 2022) 19% Retail 63% C$
Slide 5: Management and Board
MANAGEMENT AND BOARD Wes Hanson P.Geo., President and CEO, Director Mr. Hanson brings over 40 years of experience, including, first-hand experience in the exploration, development and operation of large scale, low-grade open pit gold mines including Paracatu (Brazil), Refugio (Chile) Fort Knox, Roun
Slide 6: Ontario Focused Properties
ONTARIO FOCUSED PROPERTIES Tower Mountain (Au) Advanced Exploration Flagship asset – Advanced exploration opportunity with Tier One discovery potential in the Shebandowan greenstone belt, 50 kms west of Thunder Bay. Ontario PEN (Au) Greenfields Exploration Greenfield exploration property located 5 k
Slide 7: Tower Mountain - Analogy
TOWER MOUNTAIN - ANALOGY Exploration to Central Date Intrusion The Opportunity Modified from Ontario Geological Survey (“OGS”) data. Thunder Gold Corp. TMX.V:TGOL August 2022 Corporate Presentation 07
Slide 8: Intrusion Related Gold Deposit (IRGD)
INTRUSION RELATED GOLD DEPOSIT (“IRGD”) IRGD’s offer excellent potential for the The neighbourhood discovery of a “Tier One” deposit (>10.0 M oz Au resource, >500,000 oz annual Au production, >20-year mine life). IRGD’s offer : 01 02 03 04 05 Very large Uniform, Low strip Long Minimal tonnage low te
Slide 9: IRGD Genetic Model
IRGD GENETIC MODEL Intrusion-Related Gold Deposits Disseminated Au in host rock and 0 km Multi-phase alkalic intrusion originating from the mantle. intrusion defines top of system Intruded into surrounding host rocks which fractures the host rock creating structural pathways for gold rich solutions
Slide 10: Operating Grades – Open Pit Mines
OPERATING GRADES – OPEN PIT MINES Cut-off Grades - Operating Gold Mines 0.60 Agnico Eagle owns and operates Canada’s two largest gold 0.50 mines, Malartic and Detour Lake; both mines produce over 700,000 oz Au annually from feed grade averaging less than 0.40 1.0 g/t. Au g/tonne All mines noted prod
Slide 11: Open Pit Resources - Ontario
OPEN PIT RESOURCES - ONTARIO Open Pit Au Mines / Projects - Ontario 2022 16.0 1.40 Detour Lake (ON) Resource / Reserve Grade (Au g/t) Resource / Reserve Au Ounces (million) • Open Pit Mine- 300 kms N of Timmins ON. 14.0 1.20 14.5 • +700,000 ozs Annual Production. 12.0 1.00 • Reserve = 597.0 Mt avera
Slide 12: Tower Mountain Data Summary
TOWER MOUNTAIN DATA SUMMARY Tower Mountain ALL Sample Results 4 3.588 120% There are a total of 25,522 records in the existing drill Percent of total population above CO Average Grade Above CO (Au g/t) 3.5 3.410 3.215 database. 2.993 100% 3 2.797 2.627 A 0.00 g/t cut-off represents 100 % of the tota
Slide 13: Tower Mountain Geology
TOWER MOUNTAIN GEOLOGY • 1968 ha property located 50 km west of Thunder Bay ON. • Year-round highway access, less than 5 kms from the TCH. • 24 known gold showings centered within 500 metres of the TMIC. • 173 holes (39,000 m); 25,522 samples (32,000 m). • Average grade (No cutoff) = 0.28 g/t. • Few
Slide 14: Significant Results
SIGNIFICANT RESULTS Highlighted Holes (in blue) Hole ID From To Interval Au g/t TM-04-09 21.0 273.0 252.0 0.67 incl 169.50 250.50 81.00 1.89 TM-04-03 7.5 268.5 261.0 0.57 incl 31.50 123.00 91.50 1.20 TM-04-06 12.0 351.0 339.0 0.31 incl 115.5 159.0 43.5 1.55 TM-21-94 7.0 268.0 261.0 0.46 incl 10.0 86
Slide 15: Excellent Exploration Vectors
EXCELLENT EXPLORATION VECTORS AIRBORNE MAG INDUCED POLARITY (“IP”) Magnetic data isolates the TMIC interpreted to be source of Au IP data isolates higher sulphide content, a proxy for Au Thunder Gold Corp. TMX.V:TGOL August 2022 Corporate Presentation 15
Slide 16: Typical Section – Tower Mountain
TYPICAL SECTION – TOWER MOUNTAIN • Low tenor Au mineralization is ubiquitous throughout the volcanic host rocks (light green), extending 300-500 metres west of the TMIC (magenta). • Results to date suggest an average grade of ~0.30 g/t Au. • Higher grade gold mineralization (red cross hatch), up to
Slide 17: Short Term Objectives
SHORT TERM OBJECTIVES Recycle: 2004-11 drill core (+20,000m) • Re-log ~20,000m of historical drill core for geological data. • Replace lost assay data in the historical database. • Collect representative whole rock geochemical samples. • Collect petrographic samples for analysis. • Collect represent
Slide 18: Six Month Plan
SIX MONTH PLAN Confirm geophysical interpretation Complete Interpret IP Complete target Select metallurgical, whole rock re-logging selection and petrographic samples Jun Aug Oct Dec Sept Jul Nov Jan Award IP survey Preliminary Winter drill Metallurgical results program Thunder Gold Corp. TMX.V:TGOL
Slide 19: Properties Under Option
PROPERTIES UNDER OPTION Vanguard – Iris Lake (Au) ON Optioned to Goldshore Resources July 2022 25% retained interest Far Lake (Cu/Ag) ON Optioned to Benton Resources July 2022 30% retained interest Startrek (Au/Ag) NF Optioned to Leocore Gold Oct. 2020 30% retained interest DorWit (Cu/Ag) Namibia Op
Slide 20: Summary
SUMMARY Tier One gold discovery potential. Large-tonnage, low-grade open pit target. Year-round, highway access. 50 kms from Thunder Bay, ON. Desirable geological setting. 80% of strike potential undrilled. Undervalued share price. Value appreciation opportunity. Strong Management. Thunder Gold Corp
Slide 21: Thunder Gold Corp. Contact
Thunder Gold Corp. 684 Squire Street, Thunder Bay, Ontario P7B 4A8 T: +1 (807) 358-2420 F: +1 (807) 475-7200 Wes Hanson P.Geo. President & CEO T: +1-647-202-7686 E: whanson@thundergoldcorp.com David Speck CFO T: +1-647-968-8369 E: dspeck@thundergoldcorp.com