2016-07-08

Great Thunder Receives Gold Assays for Valentine Mountain

Rock samples yield values up to 162.8 grams of gold per tonne

Victoria, British Columbia (FSCwire) – Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce assay and geochemistry results from trenched outcrop sampling of gold bearing quartz veins completed in May and June 2016 from the Discovery West Zone at the company’s Valentine Mountain Property, Vancouver Island, BC.

Four select rock samples yielded gold values of 162.8 g/t, 2.3 g/t, 37.9 g/t and 13.6 g/t respectively from fire assay using 30 g sub-sample sizes and gravimetric methods. The first two samples were standard sizes weighing 0.90 and 1.27 kg respectively, but the latter two samples were much larger, weighing 5.69 kg and 5.51 kg respectively. A composite sample taken from the coarse reject of the latter two samples was analyzed using 30 g sub-sample sizes and gravimetric methods for gold, and 0.5 g sub-sample and ICP methods for multi-elements. This composite sample yielded 22.2 g/t gold and slightly elevated values of 2.92 ppm silver and 323.4 ppm arsenic. These are selected samples and are not necessarily representative of the mineralization hosted on the property.

The sampling was conducted by Mr. John Moraal, P.Eng, a director and major shareholder of the company. The assay and geochemistry work was conducted and reported by Met-Solve Analytical Services of Langley, BC.

Gold bearing quartz veins at Valentine Mountain are hosted by Jurassic to Cretaceous age Leech River Complex, consisting of amphibolite, gneiss and schist. The Discovery West Zone is located 600 m west and along strike from the Discovery Zone at Valentine Mountain. Three shallow diamond drill holes from 1989 and one from 2004 at the Discovery West Zone intersected at least three quartz veins yielding gold values ranging from 0.008 to 24.457 g/t. Trenched outcrop sampling from a 0.5 m thick quartz vein from 2001 taken at the same location as the 2016 sampling yielded a gold value of 100.06 g/t.

In 2013, mineral resource estimates were completed for Great Thunder for the Valentine Mountain Property, and include an inferred mineral resource estimate for the Discovery West C Zone of 12,205 tonnes averaging 35.4 g/t gold. The complete technical report, entitled Technical Report on the Valentine Mountain Property, Southern Vancouver Island, British Columbia, Canada and dated March 27, 2013, is available atwww.sedar.com.

The technical contents of this release were reviewed and approved by Jacques Houle, P.Eng, an independent Qualified Person as defined by National Instrument 43-101. Mr. Houle is familiar with the Valentine Mountain Property, including the Discovery West Zone, and has visited the trenched sample site, but cannot verify the chain of custody of samples taken in May and June 2016.

ON BEHALF OF THE BOARD

Signed “Kevin C. Whelan”     

Kevin C. Whelan, President

Direct line: (250) 474-6640

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Similar Articles

2016-06-01 GREAT THUNDER PROVIDES TECHNICAL OVERVIEW OF ITS OPTIONED CHUBB AND BOUVIER LITHIUM PROSPECTS VICTORIA, BC, June 1, 2016 – Great Thunder Gold Corp. (TSXV: GTG) is pleased to
2016-04-11 Press Release: April 11, 2016 GREAT THUNDER BUYS THE HALF OF THE BRX PROPERTY IT DOES NOT ALREADY OWN VICTORIA, BC, April 11, 2016 – Great Thunder
2017-01-26 Great Thunder Summarizes Mineralogical and MAG and IP Results From Chubb and Bouvier Lithium Properties Victoria, British Columbia (FSCwire) – January 26, 2017 – Great Thunder Gold
2016-06-27 GREAT THUNDER RETAINS THEBERGE TO DESIGN NEMASKA LAKE LITHIUM EXPLORATION PROGRAM VICTORIA, BC, June 27, 2016 – Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it
2016-07-06 GREAT THUNDER COMMISSIONS TECHNICAL REPORT Pegmatite target zones already identified on both properties VICTORIA, BC, July 6, 2016 – Great Thunder Gold Corp. (TSXV: GTG) is pleased
2016-04-15 Press Release: April 15, 2016 GREAT THUNDER SIGNS LETTER OF INTENT FOR QUEBEC LITHIUM PROPERTY ADJACENT TO NEMASKA LITHIUM’S WHABOUCHI PROPERTY VICTORIA, BC, April 15, 2016 –
2016-07-08 Great Thunder Receives Gold Assays for Valentine Mountain Rock samples yield values up to 162.8 grams of gold per tonne Victoria, British Columbia (FSCwire) – Great Thunder
2016-05-27 GREAT THUNDER ANNOUNCES PRIVATE PLACEMENT VICTORIA, BC, May 27, 2016 – Great Thunder Gold Corp. (TSXV: GTG) reports that it is arranging a non-brokered private placement financing of
2017-03-2 GREAT THUNDER ACQUIRES WINDFALL LAKE AREA CLAIMS VICTORIA, BC, March 2, 2017 – Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it has, subject
2016-04-06 Press Release: April 6, 2016 GREAT THUNDER SELLS INTEREST IN MINERAL CLAIM VICTORIA, BC, April 6, 2016 – Great Thunder Gold Corp. (TSXV: GTG) announces that the

Leave a Reply

Your email address will not be published. Required fields are marked *