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Fancamp Property

Summary:

▪ Fancamp hosts a two kilometre, 30 to 100 m wide, northeast trending zone comprising several subparallel, <1m to 5 m wide gold mineralized structures and veins, with four target zones (A-, B-, D- and E-zones)
▪ Historic drilling has returned numerous high-grade intercepts; significant values averaging 4 g/t to 20 g/t gold over <1m to 6m;
▪In 2020, Blue Thunder drilled 14 holes (totalling 2,808 m) to test down-plunge and along-strike potential of A-, B- and D-zones, as well as channel sampling of nine stripped and cleaned trenches.

Map depicting selected historical drill and trench results

Fancamp 2020 Drilling and Channel Sampling Results

The table below provides a summary of all significant assay results from Blue Thunder’s 2020 Fancamp drilling campaign:

Table 1: Significant Drill Results (>0.5 g/t Au) – Drill Holes FAN20-01 to 14 (A, B and D-Zones)

Drill Hole

From (m)

To (m)

Drilled Length* (m)

Gold (g/t)

 

Target Zone

FAN20-01

115.2

117.4

2.20

0.52

B-Zone

including

115.2

115.7

0.50

1.02

 

 

127.0

127.62

0.62

0.56

 

FAN20-02

33.5

38.85

5.35

1.15

B-Zone

including

34.0

35.0

1.00

4.73

 

FAN20-03

97.1

98.1

1.00

0.62

B-Zone

FAN20-04

64.0

65.85

1.85

1.24

B-Zone

 

78.7

79.3

0.60

1.56

 

FAN20-05

119.6

120.1

0.50

0.91

B-Zone

 

123.5

126.9

3.40

0.80

 

including

126.0

126.9

0.90

1.69

 

 

216.2

216.7

0.50

1.05

 

FAN20-06

   

No significant Results

A/B Zones

FAN20-07

62.7

63.3

0.60

0.98

A-Zone

FAN20-08

39.0

43.7

4.70

0.72

A-Zone

including

43.0

43.7

0.70

1.92

 

FAN20-09

   

No significant Results

A Zone

FAN20-10

69.9

74.6

4.70

0.84

A-Zone

including

69.90

70.70

0.80

2.80

 

 

79.0

80.0

1.00

0.68

 
 

81.80

84.90

3.10

0.63

 

FAN20-11

48.0

48.5

0.50

0.99

B-Zone

FAN20-12

91.25

92.1

0.85

6.91

D-Zone

 

115.3

118.0

2.70

1.52

 

including

116.5

118.0

1.50

2.35

 

FAN20-13

   

No significant Results

D-Zone

FAN20-14

89.9

91.6

1.70

0.53

D-Zone

*True widths are estimated to be approximately 70% to 80% of the drilled length.

Map Depicting Trenches, Drill Holes, Vein Trends – Fancamp A-, B-, and D-zones

2020 Channel Sampling Results from Fancamp A, B and D-Zones

A-Zone

B-Zone

D-Zone