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THMG L&g Gl Thematic

871.10
2.40 (0.28%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
L&g Gl Thematic LSE:THMG London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.40 0.28% 871.10 867.50 874.90 0 16:35:16

Thunder Mountain Gold Stakes Claims in the Clover Mountain Area Owyhee County, Idaho

23/03/2007 8:32pm

PR Newswire (US)


L&g Gl Thematic (LSE:THMG)
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ELKO, Nev., March 23 /PRNewswire-FirstCall/ -- Thunder Mountain Gold, Inc. (OTC:THMG) (BULLETIN BOARD: THMG) is pleased to announce that the company has staked forty lode claims, covering approximately 800 acres, near Clover Mountain in Owyhee County, Idaho. Historic records indicate limited production of gold and silver ore occurred in the Clover Mountain area in 1917. The claims cover a large area of hydrothermally-altered, fractured, and brecciated intrusive igneous and extrusive volcanic rocks with elevated gold and related silver-arsenic-antimony-mercury-mineralization. Anomalous gold values obtained from rock chip samples ranged from non-detect to 0.058 ounces, plus anomalous values in claim corner soil samples. The anomalous values appear to be associated with stockwork veining in a granitic stock which has been intruded by northeast and northwest trending rhyolitic dikes. The granitic intrusive is overlain by locally silicified rhyolitic tuff. Anomalous base metal values ranging from a trace to 1.25% copper and 1.54% zinc were obtained in areas of veining near the contact between the granitic stock and northwest trending rhyolitic dikes. Rock chip and soil samples were analyzed by ALS Chemex Laboratories. Thunder Mountain is planning to initiate a systematic soil sampling and detailed mapping program in the spring of 2007. Data from these programs will provide a comprehensive data package for potential drill target generation. Additional regional reconnaissance work in the Clover Mountain area is also planned. About Thunder Mountain Gold, Inc. Thunder Mountain Gold is an exploration company focused on the generation of precious and base metal projects in the Western United States, Mexico, and Alaska. Thunder Mountain performs its own natural resource exploration and generates value for shareholders by aggressively developing high-grade, high-quality precious and base metal resources in politically stable mining regions. This release has been reviewed and approved by Company Vice President Pete Parsley (M.Sc. and Registered Professional Geologist), and "qualified person" as that term is defined in National Instrument 43-101. ON BEHALF OF THE BOARD Jim Collord President and Chairman of the Board Investor Relations: Jim Collord e-mail: Website: http://www.thundermountaingold.com/ Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed and elsewhere in the company's periodic filings with United States securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The company does not assume the obligation to update any forward-looking statement. DATASOURCE: Thunder Mountain Gold, Inc. CONTACT: Jim Collord of Thunder Mountain Gold, Inc., +1-775-738-9826, fax, +1-775-738-3582, Web site: http://www.thundermountaingold.com/

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