Thunder Gold Corp. has received TSX Venture Exchange approval to purchase a 100% interest in the Valgold Conmee claims (the "Property"), from Metalla Royalty and Streaming Ltd. ("Metalla" or the "Vendor"). The Property lies contiguous to the Tower Mountain gold property, located 50 kms west of Thunder Bay, Ontario, in the robust Shebandowan Greenstone Belt.

In consideration for the 100% interest in the Property, Thunder Gold has issued 4,000,000 common shares of the Company to Metalla, such shares to be subject to the customary four (4)-month hold period and Metalla will retain a 2% royalty payable in connection with the property. The Royalty is a non-participating interest in the Property which entitles Metalla to receive certain payments based upon the production and sale or deemed sale of Products from the Property. The Tower Mountain Gold Property is located 5-km off the Trans-Canada highway, 50-km west of Thunder Bay, Ontario.

The Property lies within the late Archean Shebandowan greenstone belt, an emerging gold district in northwestern Ontario. The Property consists of unpatented and patented lands totaling 2,533 hectares. Exploration to-date suggests the Property offers a large gold endowment.

Gold mineralization is widespread, and diamond drilling has identified low-grade gold mineralization extending outward for at least 500-metres from a central alkalic intrusion known as the Tower Mountain Intrusive Complex. Drilling has established persistent gold grades from 0.1 to 1.0 g/t Au along a 1,500-metre-long x 500-metre wide x 500-metre deep block of volcanic-volcanoclastic rocks immediately west and adjacent to the central alkalic intrusion. The remaining 6,000 metres of strike length surrounding the intrusion are untested.

Tower Mountain shows many of the classic indicators of being an Intrusion Related Gold Deposit, which is a highly desirable exploration target.