VICTORIA, BC, August 10, 2017 – Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it has retained Mr. Donald Théberge, P.Eng., MBA of Solumines to review historical work and design an exploration program for Great Thunder’s Great Dane and Deluce gold properties in the Windfall Lake area of Quebec.
Great Dane Property
Great Thunder optioned the 5,212-hectare Great Dane property adjoining Osisko Mining Inc., Beaufield Resources Inc. and Melkior Resources Inc.’s properties along strike and adjacent to Osisko’s Black Dog Project in the Urban-Barry Gold Camp.
Management’s exploration plans have the potential to extend the productive greenstone units south from Osisko Mining Inc.’s Black Dog Project through Souart and into Maseres Township. Significantly, the volcano-sedimentary units are interpreted to be folded and Great Thunder’s Great Dane Project has about two kilometres of cross sectional width of the central part of the fold nose.
Osisko reported gold in till results of 85 – 340 grains gold per 10 kg till marginal to Osisko’s Black Dog Project, which prompted Great Thunder to option the Great Dane Project. These highly anomalous gold in till values are located over an area that could represent a broad fold nose within the Urban-Barry greenstone Belt. The Black Dog Project is reported by Osisko to be a gold-silvercopper discovery in andesitic volcanics that is coincident with magnetic and electromagnetic anomalies and disseminated to semi-massive Au-Ag-Cu bearing sulfides. In January, Osisko indicated that targeting EM anomalies has had success in their exploration efforts on the Black Dog Project.
Great Thunder’s 100%-owned Deluce Property comprises 20 contiguous cell mineral claims covering approximately 1,127 hectares. It is located 12 kilometres northwest of Metanor Resources Inc.’s Barry gold deposit, 15 kilometres west of Osisko Mining Inc.’s Windfall Lake gold deposits, and 18 kilometres west-northwest of BonTerra Resources Inc.’s Gladiator gold deposit. These Abitibi-type gold deposits are hosted in a variety of Archean age metavolcanic and intrusive rocks associated with magnetic high responses within a Z-shaped pattern of major east trending structures and offsetting northeast trending structures.
The Deluce Property lies in a similar structural setting as the Gladiator gold deposit underlain by rocks similar to the Windfall Lake and Barry gold deposits. Management believes that the geological setting of the property is very favourable to hosting similar deposits and plans an intensive and systematic exploration program in the near future.
Kevin Whelan, President of Great Thunder, commented, “Great Thunder is excited to have Donald Theberge onboard for its Windfall Lake projects. His expertise and knowledge of the geology in this area gives Great Thunder a strategic exploration advantage.”
The technical contents of this release were approved by Donald Théberge, P.Eng., MBA, an independent Qualified Person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD
Signed “Kevin C. Whelan”
Kevin C. Whelan, President
Direct line: (250) 474-6640