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Company Interview Excerpt
Thunder Mountain Gold, Inc. - E. James (Jim) Collord


Full article published: 02/08/2010


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TWST: Would you give us a brief historical sketch of Thunder Mountain Gold and bring us up to date?
Mr. Collord: Thunder Mountain Gold has its roots in central Idaho. In 1978 we acquired a small company that was formed in 1935, and we changed the name to Thunder Mountain Gold in order to advance a historic mining property in the Thunder Mountain Mining District. Our mine was placed into production by Coeur d'Alene Mines in 1986 and subsequently produced upwards of 200,000 ounces of gold. The mine was closed and reclaimed in the mid-1990s. In 2005 we sold our patented and unpatented mining claims to the Trust for Public Lands and the U.S. Forest Service. With the proceeds from the sale, the company moved on to conduct exploration work in the western states. By utilizing our extensive knowledge of geology and exploration, we have had a great deal of success. We have a total of six properties in our inventory right now, one of which - our flagship property - is the historic South Mountain Mine in Southwestern Idaho. This historic property is our main focus, and we will be advancing this highly sought-after property toward production.

TWST: Over the next two to three years, what do you see as the key opportunities and key challenges for Thunder Mountain?
Mr. Collord: I think the biggest opportunity is by focusing on gold and silver targets. In addition, with our South Mountain property we have opportunities in the base metals. We think that we have tied into a rather large gold- and silver-endowed base metal system at South Mountain, and that's what we will be pursuing during the upcoming field season. In addition to that, we will be continuing exploration work in the Western states. In order to enhance shareholder value and our ability to finance our planned growth, we are also in the process of dual listing our company on the Toronto Stock Exchange - Venture Exchange.

 

Tickers included in this excerpt: THMG

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.