Recent Updates — THMG
Thunder Mountain Gold appointed veteran mining executive Ron Clayton to its Board of Directors effective October 1, 2026. In connection with the appointment, the company granted Clayton 400,000 stock options at an exercise price of $0.75 per share under the company's 2014 Stock Option Plan. The options vest immediately and expire on September 30, 2031, subject to regulatory approval. Clayton brings over 40 years of experience in mining operations and corporate governance, having previously served as CEO of Tahoe Resources Inc. and 1911 Gold Corporation. Thunder Mountain Gold is a junior exploration company focused on advancing base and precious metals assets in the western United States.
Thunder Mountain Gold appointed Dr. Steven Osterberg as Senior Vice-President of Exploration effective September 8, 2026, granting him 250,000 stock options at $0.75 per share. Concurrently, the company accepted the resignation of Chief Operating Officer Ron Espell on the same date. Dr. Osterberg will lead exploration strategy and resource-growth initiatives for the South Mountain Project in Idaho. Thunder Mountain Gold is a junior mining company focused on advancing base and precious metals assets in the western United States.
Thunder Mountain Gold, Inc. announced on July 8, 2026, that its board of directors has approved a debt settlement through the debt settlement of US$1,104,625 (CAD$1,578,036) in outstanding compensations payable to the President and CEO and certain former service providers via the issuance of up to 1,578,036 Common Shares at US$0.70 (CAD$1.00) per share. Additionally, the company has approved a non-brokered private placement of units (one common share and one-half warrant) at US$0.70 (CAD$1.00) per unit for gross proceeds of up to approximately US$6.4 million. The proceeds will be used to advance the South Mountain Project through drilling, assaying, and geophysical surveys. Thunder Mountain Gold, Inc. operates in the gold mining industry and focuses on the exploration and development of gold projects.