Thunder Mountain Gold is a junior mining exploration company focused on gold and base metal mineral deposits in the western U.S. The company has no producing mines and generates no revenue. Thunder Mountain Gold's primary asset is the South Mountain Project, a gold and copper exploration property in southwestern Idaho, managed through its subsidiary South Mountain Mines under a Mining Lease with an option to purchase the mineral interest for up to $5M, expiring November 2026. The company has been refining drill targets through geophysical modeling and geochemical interpretation, with core drilling planned for 2026. Thunder Mountain Gold also holds the Trout Creek Project, an earlier-stage exploration property in Nevada, where planned activities include geophysics and geochemical sampling to define drill targets. The company funds operations entirely through external financing. A recent partnership with Swiss-based MFD Investment Holdings illustrates the company's financing approach: Thunder Mountain Gold granted MFD an option to earn a 10% interest in South Mountain in exchange for funding up to $1M in project expenditures. The company employs just a handful of staff and has not yet established a mineral resource estimate at South Mountain, leaving the commercial potential of its assets unproven.