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Blue Thunder provides large scale 2021 Exploration results, plans for 2022

Blue Thunder Mining Inc. is pleased to provide year-end results for 2021 and the Company’s plans for 2022 at its Muus Gold Project near Chibougamau, Quebec.

Interpretation of the 2021 results in combination with in-house compilation and insights gleaned from structural interpretation have identified a number of priority target areas for follow-up work on the Muus Property, namely the Welb Showing, Lac Bernard, and Lac Cowan areas.

Trenching in the immediate area of the 2021 “discovery hole” yielded grades of 4.42 g/t Au over 2.12 metres, supporting downhole results of 1.67 g/t Au over 3.2 metres (DDH MUUS20-01 from 29.67 to 33.1m).

Trenching results coincident with a magnetic anomaly indicate the potential of Fancamp Zone C, untested by drilling and located to the west of other mineralized zones. In early February the Company commenced ground geophysical surveys over these high-potential areas with the aim of refining targets for upcoming diamond drilling campaigns.

“We are extremely pleased with the progress made by our exploration team on the Muus Project. The work completed during our first two field seasons have significantly increased our overall understanding of the geological and structural controls of mineralization and identified priority areas for follow-up work in 2022, which we believe hold considerable promise. Working with such a large land package presents us with tremendous options. Part of the process is to bring selective areas of high potential to the drill testing stage, while continuing to advance our understanding and evaluate the rest of the property,”  said Jean-François Métail, President.

2022 Exploration Program Overview

The Muus Project 2022 exploration program is very ambitious. For our third year of field activity, we aim to bring five of the most promising targets to the drill-ready stage by the end of the summer, while advancing our understanding of some areas that have received very little attention in recent years.

All selected areas of focus show high levels of magnetic anomalies, coupled with favourable positioning along mineralized main deformation trends, and exhibiting favourable hydrothermal alteration signatures.

Various geophysical surveys are planned for this winter on the Muus property. Three IP grids are in the final stages of preparation, covering some of the main gold targets of the Project. In addition, a large-scale electromagnetic Max-Min survey is currently underway at the Muus Property, targeting high-potential zones along the Welb-Chesbar trend. Both surveys will allow us to build detailed geological and structural maps that will be used for refining drill targets.

Selective B-horizon soil surveys are planned on the Muus Property as a follow up to the winter 2022 geophysical surveys. With the help of pathfinder elements, the surveys will allow us to pinpoint the mineralization footprint generated by the gold systems, in order to confirm the potential of our drilling targets.

To supplement the soil survey, a prospecting and mapping campaign has been designed to test restricted areas and identify key host lithologies, hydrothermal alteration and structural features on and around the Company’s main targets. A small-sized ATV-towed excavator will be used as a first pass exploration tool in more remote areas.

Considering the significance of the 2021 till survey results, the Company intends to expand the survey area to cover the remainder of the Muus Property. Timing will be dependent on early results of the various 2022 exploration programs and availability of specialized crew.

All the exploration programs are designed to refine and confirm gold targets across the Muus Property and a diamond drilling campaign will then be designed to test those targets and accelerate significant gold discoveries.

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