Thunder Mountain Gold Inc (PK:THMG)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 11770 W. President Dr. Ste F BOISE ID 83713 |
| Tel: | N/A |
| Website: | https://www.thundermountaingold.com |
| IR: | See website |
| Key People | ||
| Eric T. Jones President, Chief Executive Officer, Director | Larry Thackery Chief Financial Officer | E. James Collord Chief Operating Officer, Vice President, Director |
| Business Overview |
| Thunder Mountain Gold, Inc. is a precious metals explorer. The Company is focused on developing precious and base metal projects in North America. The Company, including its subsidiaries, owns mining rights, mining claims, and properties in the mining areas of Nevada and Idaho, which includes its South Mountain Property in Idaho, and its Trout Creek Property in Nevada. Its land package at South Mountain consists of over 18 patented mining claims encompassing approximately 346 acres, 36 acres of private land, 21 unpatented mining lode claims covering approximately 290 acres, and approximately 489 acres of leased private land in the South Mountain Mining District, Owyhee County, Idaho. The Trout Creek project is a gold exploration target located along the western flank of the Shoshone Mountain Range in the Reese River Valley in Lander County, Nevada. The Project is located approximately 155 air miles northeast of Reno, Nevada, or approximately 20 miles south of Battle Mountain, Nevada. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Thunder Mountain Gold Inc revenues decreased from $300K to $0K. Net loss decreased 34% to $817K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Unrealized loss on investment decrease of 77% to $180K (expense), Management and administrative decrease of 35% to $411K (expense). |
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