$THM.V

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Thunder Mountain Gold Up 4.5% as it Launches Its 2026 Drill Program at the South Mountain Project

Thunder Mountain Gold (THM.V) was last seen up 4.5% after the company on Monday said it launched its 2026 exploration drilling campaign at the South Mountain project in Idaho.The company's initial 10,000-foot (3,048-meter) program is now underway,. The program is designed to speed-up expansion of the carbonate replacement deposit of silver, zinc, copper, lead and gold massive sulfide resource along strike.The program will also test magnetotelluric and induced polarization geophysical anomalies associated with the known resource and supported by surface geological mapping, it said.Thunder Mountain Gold said it has invested about US$25 million into the project, to date.The company's shares were last seen up $0.05 , or 4.5%, to C$1.15 on the TSX Venture Exchange.Price: $1.25, Change: $+0.15, Percent Change: +13.64%

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Mining & Metals21d ago

Thunder Mountain Gold Up 10% After "Significantly" Increasing Land Position at The South Mountain Property

Thunder Mountain Gold (THM.V) shares rose 10% on Monday after it secured a 20-year mineral lease with the Idaho Department of Lands (IDL), through its unit, South Mountain Mines Inc., covering about 3,675 acres of state-owned land adjacent to the company's South Mountain Mines Property in Owyhee County, Idaho.The lease expands its district-wide land position at South Mountain and supports continued exploration, development, and potential mining across a highly prospective area, it said. The lease term started on March 1, 2026, and expires on Feb. 28, 2046, and has extension rights subject to Idaho law and agreement with the lessor.The company has purchased 113 acres of private land contiguous with the main mine area and has also recently located 423 mineral lode claims on adjoining BLM lands totaling about 8,200 acres and secured a lease on an additional 1,073 acres of private land in and around the project area. With the State of Idaho lease, the above land acquisition and new mining claims, the property position has increased by a total of 13,061 acres or about 20 square miles, it said.Shares of the company were last seen up $0.10 at $1.08 on the TSX Venture Exchange.Price: $1.08, Change: $+0.10, Percent Change: +10.20%

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