ELKO, Nev., March 22 /PRNewswire-FirstCall/ — Thunder Mountain Gold, Inc. (OCBB: THMG) is pleased to announce that the company has staked forty lode claims, covering approximately 800 acres, near Clover Mountain in Owyhee County, Idaho. Historic records indicate limited production of gold and silver ore occurred in the Clover Mountain area in 1917.
The claims cover a large area of hydrothermally-altered, fractured, and brecciated intrusive igneous and extrusive volcanic rocks with elevated gold and related silver-arsenic-antimony-mercury-mineralization. Anomalous gold values obtained from rock chip samples ranged from non-detect to 0.058 ounces, plus anomalous values in claim corner soil samples. The amalous values appear to be associated with stockwork veining in a granitic stock which has been intruded by northeast and northwest trending rhyolitic dikes. The granitic intrusive is overlain by locally silicified rhyolitic tuff. Anomalous base metals values ranging from trace to 1.25% copper and 1.54% zinc were obtained in areas of veining near the contact between the granitic stock and northwest trending rhyolitic dikes. Rock chip and soil samples were analyzed by ALS Chemex Laboratories.
Thunder Mountain is planning to initiate a systematic soil sampling and detailed mapping program in the spring of 2007. Data from these programs will provide a comprehensive data package for potential drill target generation. Additional regional reconnaissance work in the Clover Mountain area is also planned.
About Thunder Mountain Gold, Inc.
Thunder Mountain Gold is an exploration company focused on the generation of precious and base metal projects in the Western United States, Mexico, and Alaska. Thunder Mountain performs its own natural resource exploration and generates value for shareholders by aggressively developing high-grade, high-quality precious and base metal resources in politically stable mining regions.
This release has been reviewed and approved by Company Vice President Pete Parsley (M.Sc. and Registered Professional Geologist), and “qualified person” as that term is defined in National Instrument 43-101.
ON BEHALF OF THE BOARD
Jim Collord
President and Chairman of the Board
Investor Relations: Jim Collord e-mail: jimcollord@yahoo.com
Website: http://www.thundermountaingold.com
Forward-Looking Statements:
Statements made which are not historical facts, such as anticipated production, exploration results, costs or sales performance are “forward-looking statements”, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals prices volatility, volatility of metals production, exploration project uncertainties, industrial minerals market conditions and project development risks. Refer to the Company’s Periodic Filings for a more detailed discussion of factors that may impact expected future results. Thunder Mountain Gold undertakes no obligation to publicly update or revise any forward-looking statements.