Thunder Gold Stock Delivers Consistent Results
The Gold Bull Oct 5, 2026 5:51
Summary
Thunder Gold's Tower Mountain infill holes keep delivering consistent width and grade, with grades rising at depth and intercepts beating the deposit model.
Hole 218 cut 298.5 meters at 0.4 grams per tonne, ending in 36 meters at 0.71; hole 215 hit 7.5 meters at 0.737.
The program targets 5 million ounces (from 3.5 million), converting inferred ounces to indicated, and a better strip ratio — waste rock removed per ore tonne.
Stated catalysts: a resource estimate by end-2026 and a preliminary economic study in Q1 2027; the presenter sees the $54 million market cap as cheap.
Valuation screens below $15 per ounce in the ground; shares outperformed a weak gold market and the presenter discloses he owns stock.