# Thunder Gold Intersects 232.5 Metres Averaging 0.450 g/t Au \(Including 33.0 Metres Averaging 1.383 g/t Au\) at Tower Mountain

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc

Original source: https://orestocks.com/company/TGOL.V/press-releases/7263358054442372

Publisher: orestocks

Original announcement: 2026-09-28T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T17:31:23.468Z

Atlas analysis updated: 2026-09-29T17:31:23.468Z

- Company: Thunder Gold Corp.

- Ticker: TGOL.V

- Exchange: Unavailable

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-09-29 17:31:24 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Thunder Gold Corp. announced infill drill results from its Tower Mountain Property, with hole TM26-217 intersecting 232.5 metres averaging 0.450 g/t Au, including a higher-grade section of 33.0 metres averaging 1.383 g/t Au. These results support the existing 2026 Mineral Resource Estimate model and are part of a program designed to convert Inferred resources to Indicated resources, with mineralization extending over 100 metres below the current pit limit. The company also provided an updated summary of its 2026 MRE, which includes 34.5 Mt at 0.46 g/t Au Indicated and 211.1 Mt at 0.45 g/t Au Inferred.

Reasoning: The infill drill hole TM26-217 returned significant gold intercepts, including a strong grade-thickness product, which supports the existing MRE model and extends mineralization below the current pit limit, contributing to resource conversion. The overall reconciliation of infill drilling to date shows actual grades trending 12.5% higher than predicted model grades.

- Positive factor: Infill drilling confirms and extends mineralization

- Positive factor: Supports existing MRE model assumptions and procedures

- Positive factor: High-grade sub-interval of 1.383 g/t Au over 33.0 metres

- Positive factor: Mineralization extended over 100 metres below current pit limit

- Positive factor: Positive reconciliation of drilled grades to model predicted grades \(12.5% higher\)

- Positive factor: QA/QC procedures are disclosed and labs are certified

- Positive factor: Qualified Person has reviewed and approved technical information

- Negative factor: True width is unknown for the reported intercepts

Facts used in scoring: 14

## Classification and evidence

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The document explicitly states the drilling program is 'infill diamond drill results' and 'designed to convert Inferred resources to Indicated resources'.

Evidence · text

> infill diamond drill results

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The infill drill program is 'designed to convert Inferred resources to Indicated resources'.

Evidence · text

> designed to convert Inferred resources to Indicated resources

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling 'extending mineralization well above the MRE cut-off grade, over 100 metres below the current pit limit'.

Evidence · text

> extending mineralization well above the MRE cut-off grade, over 100 metres below the current pit limit

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The document includes a 'Quality Assurance and Quality Control' section detailing procedures like certified standards, blanks, duplicate pulps, and independent analytical facilities.

Evidence · text

> Quality Assurance and Quality Control

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

Evidence · text

> Technical information in this news release has been reviewed and approved by Wes Hanson, P.Geo., President and CEO of Thunder Gold Corp., who is a Qualified Person under the definitions established by NI 43-101.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Table 2.0 explicitly states 'True Width: Unknown' for the reported intercepts, and the note 'True Width is estimated where sufficient data allows.' implies it's not available for these results.

Evidence · table

> Unknown

Context: True Width

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The MRE was 'prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects \("NI 43-101"\)'.

Evidence · text

> prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects \("NI 43-101"\)

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The MRE summary table includes an 'Indicated' category with 34.5 Mt at 0.46 g/t Au.

Evidence · table

> Indicated

Context: Category

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The MRE summary table includes an 'Inferred' category with 211.1 Mt at 0.45 g/t Au.

Evidence · table

> Inferred

Context: Category

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The MRE notes explicitly state 'The calculated gold cut-off grade is 0.19 g/t Au'.

Evidence · text

> The calculated gold cut-off grade is 0.19 g/t Au.

## Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-0)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 232.5 m
- From: 360 m
- To: 592.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:360-592.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This significant intercept from infill drilling supports the MRE model and extends mineralization below the pit limit, contributing to resource conversion, with a strong grade-thickness product.

- Positive factor: Infill drilling confirms and extends mineralization

- Positive factor: Supports existing MRE model assumptions and procedures

- Positive factor: Strong grade-thickness product \(104.6 g/t·m\)

- Positive factor: Mineralization extended over 100 metres below current pit limit

- Negative factor: True width is unknown

Evidence · text

> 232.5 Metres Averaging 0.450 g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-1)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 1.383
- Grade Unit: g/t
- Intercept: 33 m
- From: 385.5 m
- To: 418.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:385.5-418.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This high-grade sub-interval is a strong result for an open-pit gold project, further supporting the MRE model and contributing to resource conversion.

- Positive factor: Strong grade for open-pit gold \(1.383 g/t Au\)

- Positive factor: Moderate grade-thickness product \(45.6 g/t·m\)

- Positive factor: Supports existing MRE model assumptions and procedures

- Negative factor: True width is unknown

Evidence · text

> 33.0 Metres Averaging 1.383 g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-2)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.209
- Grade Unit: g/t
- Intercept: 591 m
- From: 9 m
- To: 600 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:9-600
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This very long intercept indicates broad mineralization, though at a weak grade, contributing to the overall understanding of the deposit.

- Positive factor: Very long intercept length \(591.0 metres\)

- Positive factor: Supports broad mineralization

- Negative factor: Weak grade for open-pit gold \(0.209 g/t Au\)

- Negative factor: True width is unknown

Evidence · table

> 0.209

Context: 591.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-3)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 253.5 m
- From: 9 m
- To: 262.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:9-262.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This long intercept shows very weak gold mineralization, below the project's economic cut-off grade, indicating lower-grade material within the broader mineralized zone.

- Negative factor: Very weak grade for open-pit gold \(0.030 g/t Au\)

- Negative factor: Below the stated MRE cut-off grade

- Negative factor: True width is unknown

Evidence · table

> 0.030

Context: 253.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-4)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.532
- Grade Unit: g/t
- Intercept: 9 m
- From: 262.5 m
- To: 271.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:262.5-271.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a narrow width, contributing positively to the resource model.

- Positive factor: Moderate grade for open-pit gold \(0.532 g/t Au\)

- Positive factor: Above the stated MRE cut-off grade

- Negative factor: Narrow intercept length \(9.0 metres\)

- Negative factor: True width is unknown

Evidence · table

> 0.532

Context: 9.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-5)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.063
- Grade Unit: g/t
- Intercept: 88.5 m
- From: 271.5 m
- To: 360 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:271.5-360
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows very weak gold mineralization over a moderate length, falling below the project's economic cut-off grade.

- Negative factor: Very weak grade for open-pit gold \(0.063 g/t Au\)

- Negative factor: Below the stated MRE cut-off grade

- Negative factor: True width is unknown

Evidence · table

> 0.063

Context: 88.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-6)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.438
- Grade Unit: g/t
- Intercept: 240 m
- From: 360 m
- To: 600 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:360-600
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This long intercept, while at a weak grade, provides a strong grade-thickness product and extends mineralization below the current pit limit, supporting resource conversion and the MRE model.

- Positive factor: Long intercept length \(240.0 metres\)

- Positive factor: Weak grade for open-pit gold \(0.438 g/t Au\) but above cut-off

- Positive factor: Strong grade-thickness product \(105.1 g/t·m\)

- Positive factor: Supports existing MRE model assumptions and procedures

- Positive factor: Extends mineralization over 100 metres below current pit limit

- Negative factor: True width is unknown

Evidence · table

> 0.438

Context: 240.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-7)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.243
- Grade Unit: g/t
- Intercept: 25.5 m
- From: 360 m
- To: 385.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:360-385.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade above the cut-off, contributing to the overall resource definition.

- Positive factor: Above the stated MRE cut-off grade

- Negative factor: Weak grade for open-pit gold \(0.243 g/t Au\)

- Negative factor: True width is unknown

Evidence · table

> 0.243

Context: 25.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-8)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.076
- Grade Unit: g/t
- Intercept: 45 m
- From: 418.5 m
- To: 463.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:418.5-463.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows very weak gold mineralization, below the project's economic cut-off grade.

- Negative factor: Very weak grade for open-pit gold \(0.076 g/t Au\)

- Negative factor: Below the stated MRE cut-off grade

- Negative factor: True width is unknown

Evidence · table

> 0.076

Context: 45.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-9)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 54 m
- From: 463.5 m
- To: 517.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:463.5-517.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a good length, contributing positively to the resource model.

- Positive factor: Moderate grade for open-pit gold \(0.530 g/t Au\)

- Positive factor: Above the stated MRE cut-off grade

- Negative factor: True width is unknown

Evidence · table

> 0.530

Context: 54.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-10)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.278
- Grade Unit: g/t
- Intercept: 75 m
- From: 517.5 m
- To: 592.5 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:517.5-592.5
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade above the cut-off over a good length, contributing to the overall resource definition.

- Positive factor: Above the stated MRE cut-off grade

- Negative factor: Weak grade for open-pit gold \(0.278 g/t Au\)

- Negative factor: True width is unknown

Evidence · table

> 0.278

Context: 75.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### TM26-217

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-drill-facts-11)

Tower Mountain · gold

#### Identity

- Hole ID: TM26-217
- Project: Tower Mountain
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: TGOL.V

#### Geometry

- Grade: 0.054
- Grade Unit: g/t
- Intercept: 7.5 m
- From: 592.5 m
- To: 600 m
- Hole Depth: 600 m
- Intercept Depth: 9 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: TM26-217:592.5-600
- Mining Method: open\_pit

#### Location

- Easting: 300321
- Northing: 5377362
- Elevation: 428 m
- Azimuth: 40 °
- Dip: -49.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: Activation Laboratories Ltd. and AGAT Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Compositing

- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This narrow intercept shows very weak gold mineralization, below the project's economic cut-off grade.

- Negative factor: Very weak grade for open-pit gold \(0.054 g/t Au\)

- Negative factor: Below the stated MRE cut-off grade

- Negative factor: True width is unknown

Evidence · table

> 0.054

Context: 7.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-resource-facts-12)

Tower Mountain Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Tower Mountain Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: TGOL.V

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William Lewis, Charley Murahwi, Tudorel Ciuculescu, Richard Gowans
- Resource group id: resource:6152457976a1e8db265e

#### Resource Data

- Category: indicated
- Tonnes: 34500000
- Grade: 0.46
- Grade Unit: g/t
- Contained Metal: 514000
- Contained Unit: oz gold
- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-01-19

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-01-19T00:00:00.000Z

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This Indicated resource provides a solid foundation for economic studies, demonstrating reasonable geological confidence and significant contained gold, compliant with NI 43-101 standards.

- Positive factor: Indicated resource category provides reasonable geological confidence

- Positive factor: Significant contained metal \(514 koz gold\)

- Positive factor: Compliant with NI 43-101 reporting standards

- Positive factor: QP signed off on the estimate

Evidence · table

> 0.46

Context: 34.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/thunder-gold-intersects-232-5-metres-averaging-0-450-g-t-au-including-33-0-metre--2215e5bb-96c0-47bd-b842-ef0c6f66fecc#fact-resource-facts-13)

Tower Mountain Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Tower Mountain Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: TGOL.V

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William Lewis, Charley Murahwi, Tudorel Ciuculescu, Richard Gowans
- Resource group id: resource:695d6b234c786b131031

#### Resource Data

- Category: inferred
- Tonnes: 211100000
- Grade: 0.45
- Grade Unit: g/t
- Contained Metal: 3053000
- Contained Unit: oz gold
- Cutoff Grade: 0.19
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-01-19

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2026-01-19T00:00:00.000Z

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: This large Inferred resource highlights significant exploration potential and scale for the project, though it requires further drilling to upgrade confidence for economic studies.

- Positive factor: Very large tonnage \(211.1 Mt\) and contained metal \(3.053 Moz gold\)

- Positive factor: Compliant with NI 43-101 reporting standards

- Positive factor: QP signed off on the estimate

- Negative factor: Inferred resource category has limited geological confidence

Evidence · table

> 0.45

Context: 211.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.