Thunder Gold Corp. (TSXV: TGOL) announced diamond drill results from hole TM26-222 at its flagship Tower Mountain Property, located 40 kilometres west of Thunder Bay, Ontario, reporting continuous gold mineralization averaging 0.456 g/t Au over 451.5 metres. The intersection includes higher-grade sub-intervals of 0.880 g/t Au over 39.0 metres and 1.107 g/t Au over 28.5 metres, with an estimated true width of 245.0 metres. The result reinforces continuity across the Bench-3738-Ellen trend and may draw investor attention to the company's ongoing resource conversion programme.

Key Points

  • Thunder Gold Corp. (TSXV: TGOL, FSE: Z25, OTCQB: TGOLF)
  • Drill hole TM26-222 intersected 0.456 g/t Au over 451.5 metres from 60.0 metres depth, with continuous mineralization to 511.5 metres
  • Fourteen infill holes to date average 0.454 g/t Au; actual drilled grade across all holes is running 5% above the 2026 mineral resource estimate model grade
  • Investors may watch for the rescheduled mineral resource estimate update, now targeting February 2027, to include 5,000 additional metres of planned drilling

TM26-222 Drill Results Confirm Deep Continuity Along the B-E Trend

Hole TM26-222 targeted inferred resources at the centre of the Bench-3738-Ellen trend, intersecting the southern contact at 60.0 metres and the northern contact at 511.5 metres. The estimated true width of 245.0 metres and the continuity of mineralisation through the full interval are consistent with the deposit's known character. The release states that gold mineralisation occurs in variably brecciated and altered volcanic tuffs and calc-alkalic intrusive rocks, with persistent pyrite content ranging from 0.5% to 5.0%. The B-E trend remains open in all directions, the company disclosed.

Infill Drilling Outperforming the 2026 Mineral Resource Model

Reconciliation data presented in the announcement indicates that the fourteen infill holes drilled after the 2026 mineral resource estimate show actual drilled grades running approximately 5% above model-predicted grades, with no identified bias. The company reports 4.4 kilometres of semi-continuous gold mineralisation intersected across these holes at an average of 0.454 g/t Au, nominally spaced on 100-metre centres. The release notes that holes extended beyond the current optimised pit limit are intersecting longer, sustained intervals of higher-grade mineralisation than holes targeting upper deposit levels, suggesting potential for resource expansion at depth.

MRE Update Rescheduled to February 2027 to Capture Additional Drilling

Thunder Gold announced it has rescheduled its mineral resource estimate update from an earlier target date to February 2027. The company states this decision allows approximately 5,000 metres of drilling planned for November and December to be incorporated, with the aim of maximising conversion of inferred resources to the indicated classification. The current January 2026 mineral resource estimate stands at 34.5 million tonnes grading 0.46 g/t Au in the indicated category and 211.1 million tonnes at 0.45 g/t Au in the inferred category. The company also disclosed it is granting 2.0 million options at a $0.15 exercise price with a 24-month term to certain directors and contractors.