Boise, Idaho--(Newsfile Corp. - January 27, 2025) - Thunder Mountain Gold, Inc. (OTCQB: THMG) (TSXV: THM) ("THMG" or the "Company") is pleased to provide an update on the progress of its flagship South Mountain Mine located in Owyhee County, Idaho. The Company has restarted technical work on its Project, with a primary focus on updating the Mineral Resource Estimate (MRE) and advancing toward a Preliminary Economic Assessment (PEA).
The restarted technical work will focus on updating the MRE to reflect recent exploration results, further defining the high-grade polymetallic mineralization of zinc, silver, gold, lead, and copper. Following the MRE update, Thunder Mountain Gold plans to initiate a PEA, evaluating the economic potential and development pathways for South Mountain.
Key Developments:
Mineral Resource Estimate Update: The updated MRE will incorporate recent exploration results, enhancing the understanding of the deposit's scale and grade distribution.
Preliminary Economic Assessment: Upon completing the MRE, THMG will focus on delivering a PEA to outline the economic feasibility of advancing South Mountain towards production readiness. see & read more on
https://www.newsfilecorp.com/release/238494/ |