THIS IS WHAT OPPORTUNITY LOOKS LIKE

Geology
The Chapais‐Chibougamau area occurs within the Northern Volcanic Zone of the Abitibi Greenstone Belt and Blue Thunder’s Muus, Muus East and Nisk claim blocks occur within Archean aged rocks of the:

• Obatogamau Formation - primarily mafic volcanic rocks interstratified with local felsic units such as the Lac Des Vents Complex and the
• Caopatina Formation, comprising sediments that disconformably overlie the Obatogamau Formation

These units are intruded by various intrusions, most notably kilometric-scale felsic stocks, as well as felsic to mafic dykes and sills.
Stratigraphic column of northeast Abitibi - sourced from Consorem Report, Stephane Faure, 2012
Mineralization
All three properties (Muus, Muus East and Nisk) offer the potential to discover both structurally controlled lode gold and volcanogenic massive‐sulphide (VMS) mineralization, associated with base and precious metals.
However, the recent discovery of the Nelligan gold deposit (Inferred: 97Mt @ 1.0 g/t = 3.2Moz Au), also highlights the potential for the area to host broader disseminated gold systems amenable to bulk mining methods.
Importantly, two major regional deformation zones intersect within the Muus Property – the east-west trending Guercheville Deformation Zone (which bisects the full length of the Muus property for +20kms) and the northeast trending Fancamp Deformation Zone. Both structures and their secondary splays and cross-structures are associated with numerous gold deposits and dozens of gold showings in the region.
(1) Monster Lake NI 43-101 Technical Report, Apr 9, 2018, Prepared for Iamgold Corp and Tomagold Corp
(2) Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources
(3) Chevrier NI 43-101 Tehcnical Evaluation Report, Feb 4, 2019, Prepared for Genesis Metals Inc
(4) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon
Historical Exploration
The vast majority of the historical exploration on the Muus Project has taken place on the Muus Property, with only limited documented work over Muus East and Nisk. Most of the diamond‐drilling on Muus was completed between 1985 and 1996 to test magnetic and electromagnetic anomalies. This led to discovery of a number of gold and base metal occurrences and showings on Muus – but these showings have not been adequately investigated.
Recent compilation work shows that: 1) few of the previous gold exploration efforts had focussed on structural targets; 2) the vast majority of the Property is not yet covered by Induced Polarization (IP) surveys; 3) the recent identification of exhalite horizon within the Lac des Vent Complex confirms the presence of a prospective environment for VMS exploration.

Blue Thunder Exploration
In March of 2019, Blue Thunder contracted Terraquest Ltd., Airborne Geophysical Surveys to carry out a fixed-wing airborne horizontal magnetic gradient and Matrix VLF‐EM survey over Muus to define prospective structural and mineralized targets for investigation by diamond‐ drilling. Line spacing was approximately 50-100 m.
Two (2) detailed geological mapping and prospecting programmes were completed on the extreme eastern and western parts of the Muus Property during the summer of 2019. These “boot and hammer” programmes revealed the paucity of outcrop in these areas, reinforcing the importance of obtaining detailed/high‐resolution remote survey data to target mineralization.
In December 2019 a helicopter aeromagnetic survey (50-250 m spaced lines) was flown over newly acquired land at the Muus property, as well as most of the Muus East and Nisk properties. Results of this survey are pending.
In December 2019 a regional prospecting/sampling program as well as a trenching program was completed at the Welb prospect in the northern portion of the Muus East property. Results of this work are still pending.