Thunder Mountain Gold, Inc. and MFD Investment Holdings SA have entered into a small-scale production agreement for the South Mountain Project in Idaho.
Under the agreement, Thunder Mountain Gold will operate while MFD will fund 100% of the capital required for small-scale production.
The revenue sharing arrangement will benefit MFD initially and transition to a 50/50 split after certain milestones are met.
Non-Dilutive Funding
MFD will fund 100% of the qualifying capital, offering a non-dilutive pathway to potential cash flow for Thunder Mountain Gold.
Operator Control
Thunder Mountain Gold retains control as the operator, ensuring planning and execution remain with the company.
Value Creation
The agreement allows Thunder Mountain Gold to focus on exploration and resource growth while generating non-dilutive cash flow through small-scale production.
- The small-scale production agreement preserves Thunder Mountain Gold's balance sheet by avoiding equity issuance.
- By maintaining operator control, Thunder Mountain Gold can continue its exploration focus and potentially enhance shareholder value over time.
The agreement with MFD provides Thunder Mountain Gold with a strategic funding solution that supports its operations and exploration efforts without diluting existing shareholders.