Thunder Gold Reports 1.793 g/t Au over 45.0 metres at UV Target Advancing Tower Mountain Resource Growth Strategy

Thunder Gold Corp. (TGOL) reported results from six diamond drill holes totaling 2,937 meters at the UV Target on the Tower Mountain property. The headline intercept came from hole TM26-204, which returned 142.0 meters at 0.668 g/t Au, including 45.0 meters at 1.793 g/t and a 1.5-meter interval grading 44.100 g/t.

Other significant intercepts included:

• TM26-200: 238.5 meters at 0.259 g/t starting from 361.5 meters depth.
• TM26-198: 39.0 meters at 0.320 g/t near surface.
• TM26-203: 13.5 meters at 0.612 g/t starting from 3.0 meters depth.

The drill program tested down-dip extensions of the main trend 100–150 meters below the 2026 optimized pit and addressed gaps in the mineral resource estimate block model. Management stated that newly identified near-surface mineralization in areas previously modeled as waste could reduce the 1.8:1 strip ratio.

Thunder Gold Corp. (TGOL) is a pre-development explorer managing a large but low-grade resource of 3.5 moz gold, alongside a market capitalization of C$33 million. Recent drilling results serve to confirm the existing resource model, adding near-surface ounces that may slightly improve the strip ratio. The activity also extends the system at depth, although the grades in this zone are too low for economic pit mining.

The market is already aware that the deposit contains high-grade pods, with the Maiden Resource Estimate (MRE) high-grade subset showing 1.77 g/t Indicated. Since March 2026, the stock has drifted from C$0.16 to C$0.11, reflecting a lack of further catalysts following the initial MRE announcement. This release will not materially change the resource; the planned resource definition drilling of 15,000m and the Q4-2026 scoping study remain the primary value drivers.

Thunder Gold Corp (TGOL) is a Canadian junior explorer focused on its 100%-owned Tower Mountain Gold Property, located 40 km west of Thunder Bay, Ontario. The property covers over 7,600 hectares and includes recent acquisitions such as the Thunder Lake, Halow, and Kons patents, as well as the Electra option.

The Tower Mountain Intrusive Complex hosts a large, near-surface, bulk-tonnage gold system. A NI 43-101 resource statement effective Jan 19, 2026, reports an Indicated resource of 34.5 Mt @ 0.46 g/t Au (514 koz) and an Inferred resource of 211.1 Mt @ 0.45 g/t Au (3.05 moz) at a 0.19 g/t cut-off.

The project benefits from excellent infrastructure, including highway, rail, hydro, and labour access, alongside a low all-in discovery cost of C$3.95/oz. A scoping study is planned for Q4 2026. The company has no revenue and is funded by equity raises. CEO Wes Hanson, P.Geo., has extensive open-pit operating experience.