Mr. Wes Hanson reports

THUNDER GOLD - WELCOMES HALL OF FAME SPORTS LEGEND DONOVAN BAILEY O.C., O.ONT. TO THE BOARD

Thunder Gold Corp. has appointed Donovan Bailey, O.C., O.Ont., five-time world and Olympic champion, entrepreneur and philanthropist, to the company's board of directors.

Mr. Bailey became the greatest sprinter on Earth, winning double gold medals at the 1996 Atlanta Olympics, breaking the world record in the 100-metre in a time of 9.84 seconds, the other one for the men's four-time 100-metre relay. Mr. Bailey was the first man in history to be Olympic champion, World champion and World record holder. The men's 100-metre race is arguably the most watched event at the Summer Olympic games. Whilst winning gold medals and setting a world record gave Mr. Bailey instant fame and opened doors and connections for him around the world it is his business acumen and business savvy that has maintained his public appeal and close ties to the global business community. Mr. Bailey is very protective and selective on how and with whom he utilizes his connections, recognizing the value he brings to support business ventures.

Mr. Bailey explained his involvement in Thunder Gold saying: "I was introduced to Thunder Gold by their CFO who I have known for many years. Not only was it an easy story to follow but the upside potential is extremely attractive. I know that I can help to raise the profile of the company and likely get meaningful eyes on it. This could be one of Canada's biggest discoveries and I want to be part of building this exciting Ontario gold story."

Thunder Gold, a publicly traded gold exploration company, is focused on its Tower Mountain project, located just 40 kilometres west of Thunder Bay, Ont. It is reached directly off the Trans-Canada Highway, year-round. Both national rail lines run next to the property with a rail siding by the property gate. Hydro crosses one end of the property. The proximity of Thunder Bay means workers can be home with their families each night. There is no need to build roads or a camp at the property.

Wes Hanson, president and chief executive officer, states: "We are very pleased to have Donovan Bailey join our board of directors. He has a solid business mind and maintains the same discipline and focus that he drew on to succeed in his sport. His enthusiasm to support Thunder Gold is very encouraging. We look forward to working with Donovan as we evolve Thunder Gold's Tower Mountain toward a Tier 1 gold property."

On Jan. 26, 2026, the company announced a mineral resource estimate for Tower Mountain as summarized in the table. The estimate was prepared by Micon International Ltd. of Toronto, an independent engineering firm specializing in mineral resource and reserve estimation for a global client pool.

Tower Mountain Mineral Resource Estimate -- Jan. 19, 2026

Category    Tonnage (Mt)   Grade (g/t Au)   Contained metal ('000 oz gold)

Indicated   34.5           0.46             514                           
Inferred    211.1          0.45             3,053                         

The company also notes that the board has approved the grant of 10.15 million options at a strike price of 15 cents for an 18-month term to officers, directors and consultants of the company.

Qualified person

Technical information in this news release has been reviewed and approved by Mr. Hanson, PGeo, president and CEO of Thunder Gold, who is a qualified person under the definitions established by NI 43-101.

About the Tower Mountain gold property

The 100-per-cent-owned Tower Mountain gold property is located adjacent to the Trans-Canada highway, approximately 40 km west of Thunder Bay. The 2,100-hectare property surrounds the largest exposed intrusive complex in the eastern Shebandowan greenstone belt where most known gold occurrences have been described as occurring either within, or proximal to, intrusive rocks.

About Thunder Gold Corp.

Thunder Gold is a junior exploration company focused on gold discovery in Canada.

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