Great Thunder Plans Fall Exploration Program at Valentine Mountain
Victoria, British Columbia (FSCwire) - Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce plans to undertake an autumn 2016 exploration program at the company’s Valentine Mountain Property, Vancouver Island, BC. This program will complement the successful spring 2016 exploration program which yielded up to 162.8 g/t gold in four select rock samples taken from a trench at the Discovery West C Zone. Refer to the company’s press release dated July 8, 2016. The autumn program will consist of targeted prospecting, hand trenching, rock geochemistry and detailed geological mapping, and will be supervised by Jacques Houle, P.Eng.
In 2008 and 2009, stream moss mat geochemical sampling programs were completed on the Valentine Mountain Property, collecting 76 samples in total. These two programs combined yielded 8 samples exceeding 250 ppb gold and 22 samples exceeding 50 ppb gold. The programs also established the presence of the 7 km long Northern Gold Corridor on the property located 1 to 2 km north of the well-established 7 km long Gold-Arsenic Corridor. The stream moss mat samples from the Northern Gold Corridor yielded elevated gold values up to 735 ppb, including 6 samples exceeding 250 ppb gold and 18 samples exceeding 50 ppb gold. The central 3 km portion of the Northern Gold Corridor has yet to be prospected, sampled or mapped.
The Gold-Arsenic Corridor contains 8 documented gold quartz vein occurrences, including 2 occurrences (Discovery and Discovery West) containing 4 gold-bearing zones. In 2013, mineral resource estimates were completed for Great Thunder for the Valentine Mountain Property, and include indicated mineral resource estimates in 2 zones (Discovery C and Discovery B) totaling 54,763 tonnes averaging 16.4 g/t gold, and inferred mineral resource estimates in 2 zones (Discovery E and Discovery West C) totaling 20,700 tonnes averaging 22.6 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 at www.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.
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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/greatthunder10062016.pdf
Source: Great Thunder Gold Corp. (TSX Venture:GTG)
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