TSX-V: GTG

Great Thunder Gold Outlines its Phase 1 Drilling Program in the Fenelon Gold Camp

October 19th, 2020, Vancouver, British ColumbiaGreat Thunder Gold Corp. (CSE: GTG, OTC: GTGFF, FSE: M4KQ-FF) is pleased to provide an update on its inaugural exploration activities in the Fenelon Gold camp of Quebec. The Company completed airborne geophysics surveys on its Northbound & Southern Star projects. The technical team has spent some time onsite to survey the projects in anticipation of its maiden drill program.

Diamond drill targets have been selected utilizing the final interpretations of the airborne survey, along with coupling all known mineral occurrences, and in-field information gathered. The start of the maiden drilling campaign will first focus on the Southern Star project which is located less than 10km south of Great Thunder Gold’s Northbound Project and approximately 6.5km’s from Wallbridge Mining’s Fenelon Gold deposit.

Southern Star Targets

Drill targets have been selected based on the conductive plate modelling carried out by Campbell and Walker Geophysics. The ‘A’ conductor was initially targeted in a 1986 drill campaign; however, the newly interpreted 3D model demonstrated that the targets were not properly penetrated. The ‘A’ conductor is a high-priority target in this Phase 1 program.

The ‘B’ conductor (in the centre of Figure 1) is flat lying and is believed to be properly penetrated in past drill programs. This conductor will not be targeted in the maiden drill program.

The ‘C’ conductor has never been drilled and will be a focus for the maiden drill program commencing this year.

Figure 1: Great Thunder Gold’s map of proposed drill holes in the northern block of the Southern Star project, Fenelon Gold camp, Quebec.

Each conductive plate will be targeted to be penetrated 100m below the surface. Overburden in the area is up to 50m thick, therefore the conductive plates will be tested ~50m deep into the bedrock.

COVID Protocols

We fully comply with health and safety measures recommended by Government, INSPQ, and CNESST regulations governing mineral exploration activities in Quebec, Canada.

Qualified Person

Donald Théberge, P.Eng., MBA, is the Qualified Person within the meaning of National Instrument 43-101: Standards of Disclosure for Mineral Projects and has reviewed and approved the technical content of this news release on behalf of the Company.

About Great Thunder Gold

Great Thunder Gold is a junior Canadian mining exploration company focused on exploration and development along the Detour Gold trend in Quebec. The Company is one of the largest mineral claim holders next to the leading Wallbridge Mining (post-completed merger with Balmoral Resources).

On Behalf of the Board of Directors,

GREAT THUNDER GOLD CORP.

Blair Naughty

President & CEO

Investor Relations

Email: info@greatthundergold.com

Direct Line: (236) 513-4653

www.greatthundergold.com

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

Forward-Looking Statement

This news release may contain certain “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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