News & Media

Grandview Capital to Evaluate Business Opportunities in China for Thunder Mountain

Boise, ID, Feb 26, 2009: Thunder Mountain Gold, Inc. (OTC Bulletin Board: THMG) announced today that Peter Goldstein and Grandview Capital Inc. will be traveling to China on behalf of the Company in pursuit of business opportunities and corporate growth strategies in that country, as part of their business development agreement signed in 2008.

Grandview Capital of Plantation, Florida, has an extensive background in assisting small to mid-sized companies around the world in corporate finance and business development. Peter Goldstein, Principal of Grandview Capital said of the engagement “Great opportunities currently exist in China for precious metals and basic materials companies, and I am optimistic about the future of corporate finance in China, given the latest push by Chinese companies to secure natural resources abroad.”

Thunder Mountain Gold is currently expanding their exploration at their South Mountain Property in Owyhee County Idaho, to include newly acquired lease lands, as well as deeper mineralization within the main mine area. The South Mountain property is a precious metals project with base metal credits in the mineralized zones. Kleinfelder conducted an independent resource calculation in May 2008, and verified original resource calculations. Kleinfelder’s model was used by Thunder Mountain Gold to target the deeper zones that were core drilled in 2008. Kleinfelder confirmed the original reported ore resource, calculated at 469,890 tons of high grade mineralized resource of silver, gold, zinc, lead and copper. Work completed by the Company during 2008 demonstrated that there is a potential for deeper base metal mineralization associated with gold and a larger gold system surrounding the historic mine.

About Thunder Mountain Gold, Inc.

Thunder Mountain Gold is a US-based exploration company focused on the generation of precious and base metal projects in the Western United States, Mexico, and Alaska. A 74-year-old company, Thunder Mountain Gold 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.

Investor Relations: Eric Jones email
Jim Collord email

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.

Cautionary Note to Investors

The United States Securities and Exchange Commission (“SEC”) permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce.

Posted by tmgadmin at 2/26/2009 4:53:00 AM
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