Thunder Mountain Gold signs small-scale production deal with MFD; MFD funds 100% capital, THMG operates South Mountain

THUNDER MOUNTAIN GOLD INC

MFD to fund 100% of qualifying capital for small-scale production at South Mountain Project in Idaho.
Revenue split: 80%/20% (MFD/THMG) until MFD recovers 1.5x investment, then 50/50 up to 1.5M tonnes.
MFD granted option to earn 10% interest in project by spending $1.0M in exploration by October 31, 2026.
Deal is non-dilutive to THMG; no equity issuance contemplated; THMG retains operator control.
Implementation subject to permitting, budgets, and TSX Venture Exchange approval.

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