Thunder Gold Announces Board Changes

Thunder Gold Corp. has announced significant board changes designed to strengthen its stakeholder engagement capabilities, particularly with Indigenous communities, as the company advances its flagship Tower Mountain gold project in northwestern Ontario. Glenn Nolan, former Chief of the Missanabie Cree First Nation and past President of the Prospectors and Developers Association of Canada, has joined the company's Board of Directors effective immediately. Nolan brings exceptional credentials in bridging Indigenous communities and the mining industry, having received the PDAC 2023 Skookum Jim Award for his leadership in fostering meaningful engagement between industry and Indigenous communities.

The board restructuring involved long-time Director Nigel Lees graciously transitioning to lead the company's newly formed Advisory Board after three years of valuable service. This change allows Thunder Gold to benefit from both Lees' continued expertise and Nolan's unique perspective on responsible resource development. Nolan's background includes executive roles at Ring of Fire Metals and extensive experience in northwestern Ontario, making him particularly well-suited to guide Thunder Gold's community relations as the company advances Tower Mountain.

The timing of this board enhancement coincides with Thunder Gold's recent mineral resource estimate for Tower Mountain, completed in January 2026 by Micon International Limited. The estimate outlined substantial resources of 1.9 million ounces of indicated gold resources at 0.48 g/t and 1.2 million ounces of inferred resources at 0.43 g/t, using a 0.19 g/t gold cut-off grade. These resources are based on economic assumptions for open pit mining with a gold price of US$3,000/oz and comprehensive cost modeling.

The Tower Mountain property, located 40 kilometers west of Thunder Bay adjacent to the Trans-Canada highway, spans 6,700 hectares surrounding the largest exposed intrusive complex in the eastern Shebandowan Greenstone Belt. The company has recently tripled the property size by optioning the adjacent Electra Property, which contains gold-bearing Timiskaming Conglomerate sequences extending over 5,000 meters of strike length. With strong board leadership now in place and substantial resources defined, Thunder Gold appears well-positioned to advance this significant gold project while maintaining strong community relationships.