Thunder Mountain Gold Announces Key Leadership Addition Strengthening Exploration Team

Thunder Mountain Gold Announces Key Leadership Addition Strengthening Exploration Team

Thunder Mountain Gold, Inc. (OTCQB: THMG) (TSXV: THM,OTC:THMG) (the "Company" or "Thunder Mountain Gold") today announced the appointment of Dr. Steven Osterberg as Senior Vice President of Exploration, effective immediately. The Company also announced that Ron Espell has stepped down as Chief Operating Officer.

Dr. Osterberg will lead Thunder Mountain Gold's exploration strategy, including target generation, technical evaluation, drilling programs, and resource-growth initiatives across the Company's project portfolio. His appointment supports the Company's renewed focus on advancing the South Mountain Project in southern Idaho, an advanced-stage polymetallic asset with silver, zinc, gold, copper, and lead mineralization, as well as evaluating broader district-scale exploration opportunities.

"We are pleased to welcome Steve to his new leadership role," said Eric T. Jones, President and Chief Executive Officer of Thunder Mountain Gold. "Steve's technical experience and exploration background will be important as we continue to advance South Mountain and pursue opportunities to expand the Company's mineral resource base. On behalf of the Board and the Company, I want to thank Ron Espell for his service as Chief Operating Officer. Ron contributed meaningful operational, environmental, and permitting insight during an important period for Thunder Mountain Gold, and we wish him continued success in his future endeavors."

Dr. Osterberg added, "I appreciate the opportunity to join Thunder Mountain in leading the exploration at South Mountain on a truly exciting project. The project is rare and compelling with district-scale potential for both new discoveries of silver-zinc massive sulfide mineralization, and for copper-gold. I look forward to building on the team's strong technical foundation towards discovery."

South Mountain Positioned as a U.S. Critical and Precious Metals Growth Asset

The South Mountain Mine is a polymetallic development project containing high-grade zinc, silver, gold, copper, and lead mineralization on private land approximately 70 miles southwest of Boise, Idaho. The project includes a long history of mining, more than 8,000 feet of historic underground workings, and approximately 4,000 feet of rehabilitated MSHA-compliant underground development.

Thunder Mountain Gold has advanced the project since 2007 and invested approximately US$25 million to date. The Company's expanded land position now totals approximately 13,061 acres, or roughly twenty square miles, following the purchase of 113 acres of private land contiguous with the main historic mine area, the staking of 423 mineral lode claims on adjoining BLM lands totaling approximately 8,200 acres, and a lease covering an additional 1,073 acres of private land in and around the project area.

This growing land package, combined with established infrastructure, historical production, a defined mineral resource, and multiple new exploration targets, positions South Mountain as a compelling U.S.-based critical and precious metals opportunity.

Technical Data in this Release

The technical information in this news release was reviewed and approved by Steven A. Osterberg, Ph.D., P.G., Q.P. consulting geologist, and is a "Qualified Person" as defined by the U.S. S-K 1300 regulations and National Instrument 43-101 standards.

Regarding Thunder Mountain Gold, Inc.

Thunder Mountain Gold Inc., founded in 1935, is a junior exploration company focused on advancing base and precious metals assets in the western United States. The Company's principal asset is the South Mountain Mine, a historic former Anaconda Copper Company development of zinc, silver, gold, lead, and copper located on private land in Owyhee County, Idaho. Thunder Mountain Gold also owns 100% of the Trout Creek Project, a gold exploration asset in Nevada adjacent to and surrounded by Nevada Gold Mines, a Barrick-Newmont joint venture. With a growing land position, established project infrastructure, and exposure to both critical and precious metals, Thunder Mountain Gold offers investors leverage to exploration success in premier U.S. mining jurisdictions. For more information, please visit the Company's website at www.Thundermountaingold.com, www.SEC.gov, and www.sedarplus.ca.

Cautionary Note to Investors

This news release is intended for release in the United States only. Neither the TSX Venture Exchange, the OTCQB, nor either of its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Thunder Mountain Gold, Inc.
Eric T. Jones
President and Chief Executive Officer
Eric@thundermountaingold.com
Office: (208) 658-1037

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313242

News Provided by TMX Newsfile via QuoteMedia

THM:CC
The Conversation (0)
Gold bars in stacks with words "5 Top Canadian Mining Stocks This Week" on top.

Top 5 Canadian Mining Stocks This Week: 55 North Gold Gains 89 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released Canada’s gross domestic product by industry data for July on Tuesday... Keep Reading...
Pinnacle Silver and Gold (TSXV:PINN)

Pinnacle Closes Second and Final Tranche of Private Placement

(TSXV: PINN, OTCQB: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. (" Pinnacle " or the “ Company ") has closed a second and final tranche of the non-brokered private placement first announced on July 17, 2026 (the “Offering”), subject to TSX Venture Exchange approval. Pursuant to the... Keep Reading...
LaFleur Minerals

LaFleur Minerals is On Track to Become Near-Term Gold Producer

LaFleur Minerals (CSE:LFLR,OTCQB:LFLRF) is the subject of a recent on-site video feature by Maximus Strategic Consulting Inc., owner and operator of Pinnacle Digest. The video provides a look at the company's two flagship assets near Val-d'Or, Québec, the Beacon Gold Mill and Swanson Gold... Keep Reading...
Pieces of ore with yellow representing uranium on black surface; graphic reads "5 top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Dateline Resources Gains 67 Percent on DoJ Backing

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, rare earths, copper and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove... Keep Reading...
David Erfle, gold bars.

David Erfle: Gold Price Bottoms "Every Single Time" This Happens

David Erfle, editor and founder of Junior Miner Junky, shares his take on the gold market, saying that the US Federal Reserve's recent interest rate hike could mark a key turning point. "Every single time they start raising rates, that's when gold bottoms and starts to go up again," he explained... Keep Reading...
Paul Brink, gold bars.

Gold at Key Inflection Point, Price Run in Early Days | Franco-Nevada's Paul Brink

Paul Brink, president and CEO of Franco-Nevada (TSX:FNV,NYSE:FNV), shares his perspective on the gold market, noting that the metal's reaction to the latest US Federal Reserve interest rate hike could represent a key change in the space. "I think it is a really important inflection point," he... Keep Reading...

Interactive Chart

Latest Press Releases

Related News