Thunder Mountain Gold Reports Significant Drill Intercepts in the Texas Zone at its High-Grade Polymetallic South Mountain Project
February 22, 2021 at 08:00 am EST
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Thunder Mountain Gold, Inc. reported on the latest analytical results from its Phase 2 underground diamond drilling program at the high-grade South Mountain Zinc-Silver-Gold-Copper Project (“South Mountain” or “South Mountain Project” or the “Property”) in southwestern Idaho, U.S.A. The Company`s 2020 drill results demonstrate that South Mountain’s Texas Zone contains both high-grade Copper-Silver and Zinc-Silver-Gold mineralization. The Company’s core drilling program intersected mineralization at depths beyond any historical drilling of the Texas Zone and the deposit remains open to depth. Further drilling results will be reported when received from the laboratories.
A total of 8,904 feet (2,714 meters) of underground core drilling was completed during Phase 2, with 30 holes in both the Texas and DMEA zones. During this drilling campaign, company site team widened and advanced the existing Sonneman level eastwards by 170 feet (52 meters) to establish a new drill station closer to the Texas Zone. With better access to drill the Texas Zone, a total of 24 holes were completed to test this zone of mineralization. Geological logging of the core supported by sampling results indicate that two styles of high-grade mineralization have developed in this area and are now identified as the Texas West and Texas East zones.
Thunder Mountain Gold, Inc. is a precious metals explorer. The Company is focused on developing precious and base metal projects in North America. The Company, including its subsidiaries, owns mining rights, mining claims, and properties in the mining areas of Nevada and Idaho, which includes its South Mountain Property in Idaho, and its Trout Creek Property in Nevada. Its land package at South Mountain consists of over 18 patented mining claims encompassing approximately 346 acres, 36 acres of private land, 21 unpatented mining lode claims covering approximately 290 acres, and approximately 489 acres of leased private land in the South Mountain Mining District, Owyhee County, Idaho. The Trout Creek project is a gold exploration target located along the western flank of the Shoshone Mountain Range in the Reese River Valley in Lander County, Nevada. The Project is located approximately 155 air miles northeast of Reno, Nevada, or approximately 20 miles south of Battle Mountain, Nevada.