Thunder Gold Corp.
0.13
CAD
-0.01
(-7.41%)
ISIN
CA88605F1009
CUSIP
88605F100
Return %
Stock
S&P 500
1Y
66.67
14.20
3Y
400.00
81.12
5Y
108.33
68.34
Capital Structure
CAD
•
in mil. unless spec.Working Capital
CAD
•
in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
•
in mil. unless spec.Quarterly Earnings Per Share
CAD
•
in mil. unless spec.Quarterly Dividends Per Share
CAD
•
in mil. unless spec.Company Description
- CEO
- Wesley Clay Hanson
- Full Time Employees
- 2
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1100 Memorial Avenue Thunder Bay ON Canada P7B 4A3
- IPO Date
- Feb 14, 1983
- Website
- thundergoldcorp.com
- Similar Companies
- Business
- Thunder Gold Corp. (TSX-V: TGOL) is a Canada-based junior exploration company focused on the acquisition, exploration and development of gold mineral properties, primarily in northwestern Ontario. The company's flagship asset is the 100%-owned Tower Mountain Gold Property, a 2,500-hectare project located 50 kilometres west of Thunder Bay in the Shebandowan Greenstone Belt that hosts a large-tonnage, low-grade gold system within the Tower Mountain Intrusive Complex suitable for potential open-pit operations; it also holds interests in the PEN Gold Property and other nearby exploration targets such as the P-Target. Operations emphasize disciplined drilling programs with industry-leading costs averaging approximately C$250 per metre, soil geochemical surveys, surface sampling, metallurgical testing and resource delineation across untested zones exhibiting high gold recoveries greater than 90%. Founded in 1981 and headquartered in Thunder Bay, Ontario, Thunder Gold targets institutional and retail investors in the precious metals sector with a strategy centered on capital-efficient growth near existing infrastructure including highway, rail, hydro and port access. The company maintains a lean exploration model allocating over 66% of raised capital directly to drilling and related activities while leveraging a seasoned management team experienced in developing large-scale gold mines. In recent developments, Thunder Gold completed Phase Two drilling totaling 1,773 metres at Tower Mountain in July 2025, announced a fully funded Phase Three program of 2,000 metres starting October 2025 focused on infill drilling along the western intrusive contact, and engaged Micon International Limited in October 2025 to prepare an NI 43-101 Mineral Resource Estimate. The company closed an oversubscribed non-brokered private placement raising C$1.6 million in June 2025 to support ongoing exploration, secured exclusive rights to the Tower Mountain claims in April 2024 by concluding all option agreements, and optioned out non-core assets including Seagull Lake and Startrek properties to prioritize its flagship project. Additional strategic moves include engaging Independent Trading Group for market-making services in March 2025, Altitude Capital Consultants and ECM Capital Advisors for investor relations in August 2024, and various European marketing firms to enhance liquidity and visibility.
Company News
Thunder Gold Acquires 100% of Thunder Lake Property, Shebandowan Greenstone Belt, Ontario