Boise, Idaho — June 21, 2016 – Thunder Mountain Gold, Inc. (the “Company” or “Thunder Mountain”) (TSX-V: THM; OTCQB: THMG) is pleased to announce that the Board of Directors has re-appointed Mr. Ralph Noyes as a director of Thunder Mountain Gold after stepping down from the Company’s Board in February 2016 due to a business conflict with a former employer that has been resolved.
“Ralph strengthens our Board with his public company experience and mining industry knowledge”, explained Eric Jones, Thunder Mountain Gold President and CEO. “As a member of our Board, He provides independence that greatly benefits the shareholder base, and proven abilities that move us through challenges as we advance our South Mountain Project.”
Mr. Noyes has a broad mining experience, ranging from underground mine geologist to Vice President of Metal Mining for Hecla Mining Co. (NYSE-HL), involved in operations, exploration, new mine development and mergers and acquisitions. As Chairman and CEO of Consolidated Silver Corp. in 1995 he acquired the purchase rights to several underground silver mines in Mexico, which continue to operate today as part of other public companies. In 1998 and 1999, he was Project Manager for Behre Dolbear and was the independent engineer for the expansion of the Stillwater platinum-palladium Mine. In 1999 he joined Soloman Smith Barney as a financial advisor, tailoring his practice to serving executives in the mining industry as well as small business owners. He retired from the financial services industry in 2014 as Associate Vice President Investments with Wells Fargo Advisors.
Mr. Noyes graduated with a Bachelor of Science degree in Geology, with a focus on economic geology and exploration during undergraduate and graduate school at Michigan Technological University. He completed post graduate courses in management and strategy from the University of Michigan, Wharton School of Business and completed the Stanford Executive Program at Stanford University in 1992.
Mr. Noyes has previously served on the boards of the Northwest Mining Association, the Idaho Mining Association, the Board of Advisors to University of Idaho College of Mines and Earth Resources, and the Western States Public Lands Coalition, as well as numerous junior mining companies. He currently resides near Coeur d’Alene, Idaho.
Thunder Mountain Gold, Inc, is a U.S. — based exploration company founded in 1935, with direct ownership interest in two U.S. precious and base metal projects. The Company’s principal asset is The South Mountain Project — a zinc-silver-gold project with copper and lead, formerly producing in the 1940’s, and located in southern Idaho’s Owyhee County. The Company’s Trout Creek Project is a grass roots gold target, drill ready, and located in the Eureka-Battle Mountain trend of central Nevada, currently under Joint Exploration Agreement with Newmont Gold. For more information on Thunder Mountain Gold, and Mr. Noyes, please visit the Company’s website at www.Thundermountaingold.com.
This press release contains forward-looking statements that are based on the beliefs of management and reflect the Company’s current expectations. The forward-looking statements are based on certain assumptions, which could change materially in the future. By their nature, forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking information. Forward-looking information is provided as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required in accordance with applicable laws.
Cautionary Note to Investors
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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.
For further information, please contact:
Thunder Mountain Gold, Inc.
Eric Jones Jim Collord
President and Chief Executive Officer Chief Operating Officer
Tel: (208) 658-1037 Tel: (208) 658-1037