Thunder Mountain Gold, Inc. is a junior gold exploration company headquartered in Boise, Idaho. The Company originally established in 1935 in Spokane, Washington as Montgomery Mines. It underwent a renaissance as Thunder Mountain Gold in 1978 when the owners of the claims at Thunder Mountain, containing the Sunnyside Deposit, acquired Montgomery Mines, Inc.
They gave it new life as Thunder Mountain Gold to pursue production on the Thunder Mountain property in central Idaho. Of note is that the “Thunder Mountain Express” at Disneyland is named and modeled after the historic Thunder Mountain Mining District.
The Company owns interests in numerous United States precious metals projects. Thunder Mountain Gold’s main asset is its flagship property – the South Mountain mine. The South Mountain Project is on private and patented land in southern Idaho, just north of the state of Nevada border. Thunder Mountain Gold owns 100 percent of the South Mountain Mine.
The flagship property was initially mined in the late 1800’s. In 2007, the South Mountain Claim Group was bought by Thunder Mountain Gold from a private landowner.
The South Mountain Mine has a land package comprising about 1,200 acres of largely private land – both owned outright and leased. In 2009, a new gold discovery was revealed during fieldwork at South Mountain. The Company’s plan of operation for this, subject to business conditions, is to continue to advance the development at the South Mountain Project.
The South Mountain Project will remain Thunder Mountain Gold’s principal focus. However, in 2015, the Company also continued the exploration and advancement of the Trout Creek Project, which is another principal asset of the Company.
Trout Creek is a grass-roots gold target in the Eureka-Battle Mountain trend of central Nevada, now under Joint Exploration Agreement with Newmont USA Limited. The Trout Creek target is in the Reese River Valley area, south of Battle Mountain, Lander County, Nevada.
This target consists of 60 unpatented lode mining claims. Trout Creek is on an important trend with Newmont’s Phoenix Mine and the Gold Acres, Pipeline, and the Cortez Mine lies to the southeast.
The Company signed an Amendment, which modifies and extends the exploration Minerals Lease and Agreement with Newmont USA on Thunder Mountain Gold ‘s Trout Creek Project. The extension allows it more time to complete work requirements on the project and lessens the yearly work obligations.
In addition, Thunder Mountain Gold’s other projects include Clover Mountain. It controls 40 unpatented lode mining claims, covering roughly 800 acres, near Clover Mountain in Owyhee County, Idaho. Also, its West Tonopah Property consists of 8 unpatented lode mining claims totaling 160 acres in the Tonopah Mining District, Esmeralda County, Nevada.
Overall, Thunder Mountain Gold’s corporate vision is the acquisition, exploration and development of first-rate precious and base metal properties in stable regions of North America. The Company’s experience extends from exploration, through permitting and development of projects in Nevada, Idaho, and throughout gold districts globally. Its Management has been either directly or indirectly involved in shipping millions of ounces of gold and silver throughout their greater than seven decades of combined experience.