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Thunder Gold Engages Micon International to Complete an NI 43-101 Mineral Resource Estimate at Tower Mountain

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Thunder Gold Engages Micon International to Complete an NI 43-101 Mineral Resource Estimate at Tower Mountain

Executive Summary

Thunder Gold Corp. has announced the engagement of Micon International Limited to prepare a comprehensive NI 43-101 Mineral Resource Estimate for the company's Tower Mountain Gold Property. This development represents a critical advancement in the project's development pathway, as the NI 43-101 standard provides the regulatory framework required for publicly reporting mineral resources in Canada.

The Tower Mountain Gold Property encompasses 2,500 hectares of prospective gold terrain located approximately 50 kilometres from Thunder Bay, Ontario. The property is wholly owned by Thunder Gold, providing the company with complete control over development decisions and eliminating potential partnership complications that can arise in joint venture scenarios.

The selection of Micon International Limited as the consulting firm is strategically significant, as Micon is a well-established mining consultancy with extensive experience in preparing NI 43-101 compliant resource estimates. Their involvement lends credibility to the upcoming resource estimate and demonstrates Thunder Gold's commitment to following industry best practices in resource definition.

This milestone positions Thunder Gold to potentially define a maiden resource at Tower Mountain, which would provide investors and stakeholders with a clearer understanding of the project's economic potential. The completion of an NI 43-101 compliant resource estimate is often a prerequisite for attracting institutional investment and advancing toward preliminary economic assessments.
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