Thunder Mountain Gold Q2 net loss widens 13% to $1.01 million year over year

Reuters2026/08/14 15:23

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Thunder Mountain Gold posted a net loss of $1.01 million, widening 13% from the year-earlier quarter.
Operating expenses rose 13% to $1.01 million, on exploration spending that more than doubled to $741,034.
Legal and accounting costs climbed to $116,177; management and administrative expense fell 73% to $157,561 on lower stock-based compensation.
Cash and cash equivalents totaled $1.11 million at June 30, down from $2.59 million at Dec. 31; Aug. 7 cash was $3.39 million.
South Mountain work advanced with a 20-year Idaho state mineral lease covering 3,675 acres; core drilling began late in the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thunder Mountain Gold Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-004378), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Thunder Mountain Gold Q2 net loss widens 13% to $1.01 million year over year

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