Thunder Gold Corp. · TSXV:TGOL
Thunder Gold — Investor Presentation (August 2024)
31 slides from Thunder Gold's investor presentation, August 2024
Slide 1: 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: Executive Summary
EXECUTIVE SUMMARY Intrusion-Related Deposit Signature ~41,000 metres of drilling representing Large-tonnage, low-grade (“LTLG”) 01 02 C$12.0 MM at current cost All necessary infrastructure is in-place Low drilling cost ($250 per metre Q1, 2023) 03 04 Year-round highway access Tower Rail and hydro li
Slide 4: Beneficial Location
BENEFICIAL LOCATION Tower Mountain is the ONLY large tonnage, low grade gold property located within: 50 kms of Thunder Bay ON (pop. 100,000); Rogue 50 kms from the Port of Thunder Bay (10 Mtpa); 3 kms from the Trans Canada highway; 3 kms from the CN railway; 10 kms from the CP railway; 3 kms from O
Slide 5: 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 6: 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 7: 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 para
Slide 8: Tower Mountain Selected Drill Results
TOWER MOUNTAIN SELECTED DRILL RESULTS UV Target (2002) UV Target (2002-2007) Feldspar Porphyry host Bench Target 2005-2011 Mixed syenite-volcanic host Ellen & A Target (2021-22) Mixed syenite-volcanic host 2023 drilling indicates P Target BAE Target (2023) interpreted contact is 27 rock samples Mixe
Slide 9: Targets with 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 10: Exploration Opportunities
EXPLORATION OPPORTUNITIES PRIMARY EXPLORATION TARGETS Est. $3.0 to $5.0 MM Budget (Drilling) F C (A) Eastern contact of Intrusion ~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 11: Regional Exploration Opportunities
REGIONAL EXPLORATION OPPORTUNITIES CRAYFISH CREEK FAULT EXPLORATION TARGETS B Est. $5.0 to $10.0 MM Budget IP SURVEY A REGIONAL PROSPECTING WIDE SPACED DRILLING (A) Junction of Crayfish-Thunder Lake Faults C (B) 5000 m western strike length of the Crayfish fault D (C) 2000 m strike length of Thunder
Slide 12: 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 13: 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 14: Proven Geophysical Vectors
PROVEN GEOPHYSICAL VECTORS MAGNETICS INDUCED POLARIZATION CHARGEABILITY • Accurately maps the intrusion, particularly the phases with elevated • Accurately maps elevated pyrite content; magnetite; • Pyrite directly correlates to gold; • Suggests faulted northern and southern boundaries YET to be dri
Slide 15: Deposit Paragenesis
DEPOSIT PARAGENESIS Deposition of Intermediate Volcanic Host Rocks TMIC Intrusion (multi-phase intrusion) Feldspar Porphyry Intrusion (gold bearing) Brittle Deformation (Hydrothermal Brecciation) Albite Alteration Carbonitization – Sericitization Biotite – Magnetite Chlorite – Epidote Quartz-Carbona
Slide 16: 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 17: 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 18: 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 19: District Comparables
DISTRICT COMPARABLES Cumulative Metal Factor (Uncapped) Cumulative Metal Factor (Capped) 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 Reported Intervals (Count) Reported
Slide 20: The Team
THE TEAM 01 Issued and Outstanding 173,300,818 Management and Board of Directors 02 Options ($0.05 - $0.15 strike price) 10,465,000 Wes Hanson P.Geo., President, CEO & Director 0 3 Warrants ($0.06 - $0.12 strike price) 11,058,705 40 years of experience focused on the exploration, development, operat
Slide 21: Executive Summary
EXECUTIVE SUMMARY Intrusion-Related Deposit Signature ~41,000 metres of drilling Large-tonnage, low-grade (“LTLG”) 01 02 C$12.0 MM at current cost All necessary infrastructure is in-place Low drilling cost ($250 per metre Q1, 2023) 03 04 Year-round highway access Tower Rail and hydro at gate Mountai
Slide 22: Contacts
CONTACTS THUNDER GOLD CORPORATION 128 – 1100 Memorial Ave. Thunder Bay, Ontario P7B 4A3 Wes Hanson, P.Geo. David Speck President & CEO CFO & Corporate Secretary whanson@thundergoldcorp.com dspeck@thundergoldcorp.com +1 647-202-7686 +1 647-968-8369 Visible gold in drill core – TM23-137 (941.0 g/t ove
Slide 23: Appendicies
APPENDICIES Tower Mountain Property Historical core library Thunder Gold Corp. (TSX.V: TGOL , OTCQB: TGOLF , FRA: Z25) Q2 2024 – Corporate Presentation
Slide 24: All-In Sustaining Costs (AISC)
ALL-IN SUSTAINING COSTS (AISC) All In Sustaining Cost per Au oz ($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 Au g/t 10 $1,000 8 $800 6 Brucejack reserve grade = 8.40
Slide 25: Comps – World – 2023
COMPS – WORLD - 2023 JUNIOR MINING HUB; REPORTED DRILL RESULTS (METAL FACTOR) Tower JAN 1 -DEC 31,2023 Mountain 10000 2004-2023 1000 Metal Factor (Au gram-metres) 90% of total population 100 (317 data points) 10 1 0 100 200 300 400 500 600 700 800 900 Interval Count (#) Thunder Gold Corp. (TSX.V: TG
Slide 26: The Benefit of Infrastructure
THE BENEFIT OF INFRASTRUCTURE Critical Infrastructure Comparison to five (5) ACTIVE "LTLG" projects, in 1000 no set order: 900 800 Moss Lake (GSHR) Ontario kilometres 700 600 500 Tower (ME) Ontario 400 Blackwater ((ARTG) British Columbia 300 Rogue (SGD) Yukon and 200 100 Springpole (FF) Ontario 0 Di
Slide 27: Comps - Physical Properties
COMPS - PHYSICAL PROPERTIES PHYSICAL COMPS (DEPOSIT) AVERAGE REPORTED GOLD GRADES 100 90 1.00 80 0.90 70 0.80 60 0.70 0.60 Au (g/t) 50 0.50 40 0.40 30 0.30 20 0.20 10 0.10 0 - Bond Work Index (kWh/t) Metallurgical Recovery (%) Average grade (g/t) Average grade (g/t) TGOL C1 C2 C3 C4 C5 TGOL C1 C2 C3
Slide 28: Comps - Market Valuation
COMPS - MARKET VALUATION CURRENT MINERAL RESOURCE ESTIMATES VALUATION COMPS 1400 14.00 1200 12.00 1000 Au (oz x 1,000.000) 10.00 800 8.00 600 6.00 400 4.00 200 2.00 0 Shares I/O (x1,000,000)) Market Cap ($ x1,000,000) - Total Mineral Resource TGOL C1 C2 C3 C4 C5 TGOL C1 C2 C3 C4 C5 Current Mineral R
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: 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 31: Drilled Metres: Total Resource
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