Thunder Mountain Gold is pleased to provide an update for its South Mountain Project Joint Venture in Owyhee County. Excellent progress has been made at South Mountain. Underground miners, Widman Contractors, Inc., of Baker City, Oregon mobilized late in 2012 and commenced site work on the upper Laxey and lower Sonneman Levels. Widman's nine-man crew completed construction of the steel portal sets and commenced expanding [...]
Thunder Mountain has appointed Gary Babbitt and Larry Kornze to the Company`s Board. Both new members bring a wealth of experience and knowledge to the Company. Gary Babbitt is currently a director of U.S. Antimony. Mr. Babbitt currently serves as Chair of the UAMY Audit Committee, Compensation Committee, Governance and Nomination Committee, and Member of the Board Executive Committee. His experience also includes a [...]
Thunder Mountain is pleased to announce that it has received approval from the U.S. Mine Safety and Health Administration (MSHA) for its underground exploration and development work at its South Mountain Project Joint Venture called Owyhee Gold Trust LLC. OGT will immediately proceed with its plans that will enlarge the underground mine workings in both the Laxey (upper) and Sonneman (lower) levels of the mine. In this [...]
Thunder Mountain Gold announced today that it has granted incentive stock options to certain directors and officers of the Company to purchase 990,000 common shares in the capital stock of the Company pursuant to its shareholder approved Stock Option Plan. The options are exercisable on or before December 4, 2017 at a price of $0.10 per share.
Thunder Mountain is pleased to announce that it finalized the previously announced Joint Venture (JV) Agreement with ISR Capital, a Boise, Idaho based private equity group. The JV, called Owyhee Gold Trust LLC, will immediately begin advancing the exploration and development of the Company`s South Mountain Mine. ISR Capital can earn up to 75% participating interest in the project with an investment of $18 million. Terms [...]
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