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Be the first with the news that moves the market- Great Thunder Gold (TSXV:GTG) has started exploration on the company’s Northbound and Northbound Extension properties in Quebec
- The first step in the program will involve geophysics work to develop an understanding of magnetic and geological strike potential at the properties
- This will include an 853-line-kilometres airborne survey, of which 329 line kilometres will cover the Northbound property and 524 line kilometres will be used to cover the Northbound Extension property
- The two properties are adjacent to Wallbridge’s Fenelon deposit and Balmoral’s Reaper gold discovery, which have recently returned high-grade assays
- Great Thunder Gold (GTG) is up 1.6 per cent and is trading at C$0.63 per share
Great Thunder Gold (TSXV:GTG) has started exploration on the company’s Northbound and Northbound Extension properties in Quebec.
Both properties are adjacent to Wallbridge’s Fenelon deposit and Balmoral’s Reaper gold discovery.
The Fenelon deposit has returned assays as high as 260.4 grams per tonne gold over seven metres, while Reaper has returned assays as high as 308 grams per tonne gold over 2.97 metres.
Both the Northbound and Northbound extension abut onto the Fenelon gold camp, and the recent findings show there is significant mineralisation to be found in the Quebec gold mining region.
Both of the company’s properties sit on the same mineral trend that returned those impressive assays.
The first step in the program will involve geophysics work to develop an understanding of magnetic and geological strike potential and mineral features across the properties.
The airborne survey will be backed up with a sampling program conducted by Great Thunder’s geological team.
The airborne survey will include 853 line kilometres, of which 329 line kilometres will cover the Northbound property and 524 line kilometres will be used to cover the Northbound Extension property.
This amount of survey will cover the entirety of the properties, with the lines spaced around 50 metres apart.
Rich Macey, Great Thunder’s CEO, said the company was fortunate to have excellent infrastructure and partners on the project.
“Luckily, our technical team are based in Quebec as well as our vendors, we are taking every step to carry out our exploration programs safety.
“We will fully comply with health and safety measures recommended by Government, INSPQ and CNESST relations governing mineral exploration activities in Quebec,” he said.
Great Thunder Gold (GTG) is up 1.6 per cent and is trading at C$0.63 per share at 10:04 am EDT.
