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New Listing: Great Thunder Gold (CSE:GTG)

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Great Thunder, a junior exploration company, is focused on exploration for minerals and the development of its gold and lithium projects located in British Columbia and Quebec, Canada.


Additional Information:

Company: Great Thunder Gold
Stock Symbol: CSE: GTG
Date Published: Jun 4, 2020
Transcript: Available

Video Transcript:

I’m Fiona Forbes for Investmentpitch Media

Great Thunder Gold is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “GTG” and is currently in the process of delisting from the TSX Venture Exchange.

Great Thunder, a junior exploration company, is focused on exploration for minerals and the development of its gold and lithium projects located in British Columbia and Quebec, Canada.

Rich Macey, President and CEO, stated: “Listing on the CSE is a strategic positioning, like how we positioned our Company perfectly in the centre of one of the hottest Canadian gold camps, that made sense before we kick off our aggressive developments on our projects. We believe that listing on the CSE will enable us to engage and satisfy an even wider investor audience. The CSE has been one of the fastest growing stock exchanges, and their proactive support and partnership of assisting with each of their listings is one of the major drivers for this decision. We are looking forward to moving forward with our developments while listed on the CSE.”

Great Thunder’s newly acquired Northbound gold property, located approximately 85 kilometres northwest of the town of Matagami in northern Quebec, is contiguous with the northwest boundary of Wallbridge Mining Company’s Fenelon Gold Deposit.

The Northbound property and the new Northbound Extension total 50 mineral claims covering approximately 2,744 hectares.

In April, the company secured a Letter of Intent to acquire a 100% interest in the Southern Star Property located 6.5 kilometers south of the Fenelon/Tabasco deposit held by Wallbridge Mining Company.

During 2019, Wallbridge Mining had tremendous success in the Fenelon gold camp from their 75,000 meter drill program, and plan to drill 100,000 to 120,000 meters throughout 2020 in preparation for their maiden-resource calculation.

Last December, Wallbridge reported drill intercept highlights grading of up to 22.73 grams per tonne gold over 48.0 meters.

Wallbridge also completed a successful 33,233 tonne bulk sample grading 18.49 grams per tonne gold which met or exceeded their initial projections in terms of grade and gold recovery and provided cash flow for their 2019 drilling of 75,000 meters.

Great Thunder has announced the start of its first exploration programs on its Northbound & Northbound Extension properties, which are both adjacent and on-trend with Wallbridge’s Fenelon Deposit and Balmoral’s new Reaper discovery.

Donald Théberge, Great Thunder’s lead geologist, stated: “We are excited on getting boots on the ground for our first exploration program. We believe in developing our projects with a systematic approach. We will start with geophysics so we can get a better understanding of the magnetic/geological strike and features of our two properties. We can then compare these features with the surrounding developments, like the Fenelon Deposit, Tabasco Deposit, Area 51 discovery and the Reaper discovery. The Area 51 discovery by Balmoral (now Wallbridge) shows that gold mineralized zones extend in the Jeremie Pluton, showing its potential. The area covered by Northbound and Northbound Extension properties are entirely located in the pluton and they have not been explored in the past.”

The shares are trading at $0.63.

For more information about the company’s other properties, please visit the company’s website, contact Richard Macey, President and CEO, at 604-537-4174 or by email at
I’m Fiona Forbes for Investmentpitch Media