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Drilling at South Mountain reveals strong silver, gold, and base metal mineralization, expanding resource potential.

Market News
17 Sep 2026
Newsfile Corp
View Source
Bullish
Drilling at South Mountain reveals strong silver, gold, and base metal mineralization, expanding resource potential.

Thunder Mountain Gold's 2026 drilling program at South Mountain, Idaho, confirmed significant expansion potential of its silver-zinc-gold-copper-lead resource. Four drill holes intercepted intense skarn alteration with high-grade silver and associated metals near the surface, while step-out drilling at the Kentucky Ridge target showed 80 meters of mineralized continuity, suggesting deeper massive sulfide deposits. Additional drilling improved the geological model and identified new targets along the Laxey Marble trend. These results enhance the project's scale and support ongoing exploration to expand the resource and discover new deposits in this critical U.S. metals district.

Thunder Mountain Gold's resource expansion targets at South Mountain provide context for the Basic Materials sector, where 28 of 31 US stocks traded on Pluang rose today. Among these, BHP Billiton Limited saw a near-unanimous buy interest with 99% Pluang order activity on the buy side and a price of USD 85.63, contrasting with Albemarle Corp.'s 73% sell-side activity at USD 111.32. Freeport-McMoRan Inc. traded at USD 70.70 with a more balanced order activity of 43% sell and 57% buy, as of Sep 17, 2026 17:11 WIB.

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