Thunder Mountain Gold Options Cobalt/Gold Property in the Idaho Cobalt Trend

Thunder Mountain Gold (TSXV:THM) announced that it has optioned a cobalt/gold property in Idaho.

The press release is quoted as saying:

The cobalt/gold CAS claims are in the Iron Creek Mining District of the Idaho Cobalt Belt.  It consists of 46 unpatented lode claims located on U.S. Forest Service managed lands.  The property has had extensive geophysical work completed from 2003 through 2006, plus 19 drill holes in some of the anomalous zones.

 Jim Collord, President and CEO of the Company, says:

“This property has the potential to add significant value to our portfolio of properties, with cobalt and gold mineralization similar to Formation Capital’s proposed mine, and the Blackbird Mine along the same trend.  Our objective with this property would be to advance the potential of the mineralization and to understand the significance of any of the possible rare earth elements.”

To access the full release, click here.