Thunder Gold Corp. (TGOL:TSXV)
Tower Mountain is located 40km from Thunder Bay along the Trans-Canada Highway, with highway, rail, and hydro all within 3km of the property.
TGOL defined an inaugural ~3.6Moz resource at a low discovery cost of $3.95/oz supported by consistent mineralization, a 1.8:1 strip ratio, and 84.1% average metallurgical recovery.
Thunder Gold is targeting an expanded ~5Moz resource following its 15,000m 2026 drill program, which would position the Company to deliver a PEA.
The management team brings 30+ years of experience in exploration and mine development, led by CEO Wes Hanson and Chairman Elliot Strashin owning ~16% of shares outstanding.
TGOL trades at a substantial discount versus Canadian open pit peers on the current resource, a discount we expect to close as 2026 drilling and the PEA advance.
Investment Summary
Thunder Gold is advancing the Tower Mountain Project in Thunder Bay, Ontario – an emerging gold system with the scale, consistency, and quality to support a long-life, open-pit operation. Results from the Company’s disciplined drill programs have consistently reinforced confidence in the continuity and predictability of the discovery, while highlighting significant potential for expansion across multiple zones of the Tower Mountain Intrusive Complex.
Company Description
Research
Thunder Gold:
Management Interview
May 9, 2026