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FANCAMP PROPERTY

Summary:

▪ Fancamp hosts a two kilometre, 30 to 100 m wide, northeast trending zone comprising several subparallel, <1m to 5 m wide gold mineralized structures and veins, with four target zones (A-, B-, D- and E-zones)

▪Historic drilling has returned numerous high-grade intercepts; significant values averaging 4 g/t to 20 g/t gold over <1m to 6m

▪In 2020, Blue Thunder drilled 14 core holes (2808m) to test down-plunge and along-strike potential of A, B and D-Zone as well as channel sampling 9 excavator-based trenches

Map depicting selected historical drill and trench results

Fancamp 2020 Drilling and Channel Sampling Results

The table below provides a summary of all significant assay results from Blue Thunder’s 2020 Fancamp drilling campaign:

Table 1: Significant Drill Results (>0.5 g/t Au) – Drill Holes FAN20-01 to 14 (A, B and D-Zones)

Drill HoleFrom (m)To (m)Drilled Length* (m)Gold (g/t)Target Zone
FAN20-01115.2117.42.200.52B-Zone
including115.2115.70.501.02
127.0127.620.620.56
FAN20-0233.538.855.351.15B-Zone
including34.035.01.004.73
FAN20-0397.198.11.000.62B-Zone
FAN20-0464.065.851.851.24B-Zone
78.779.30.601.56
FAN20-05119.6120.10.500.91B-Zone
123.5126.93.400.80
including126.0126.90.901.69
216.2216.70.501.05
FAN20-06No significant ResultsA/B Zones
FAN20-0762.763.30.600.98A-Zone
FAN20-0839.043.74.700.72A-Zone
including43.043.70.701.92
FAN20-09No significant ResultsA Zone
FAN20-1069.974.64.700.84A-Zone
including69.9070.700.802.80
79.080.01.000.68
81.8084.903.100.63
FAN20-1148.048.50.500.99B-Zone
FAN20-1291.2592.10.856.91D-Zone
115.3118.02.701.52
including116.5118.01.502.35
FAN20-13No significant ResultsD-Zone
FAN20-1489.991.61.700.53D-Zone

*True widths are estimated to be approximately 70% to 80% of the drilled length.

[](https://bluethundermining.com/wp-content/uploads/2021/01/Map-Depicting-Trenches-Drill-Holes-Vein-Trends-%E2%80%93-Fancamp-A-B-and-D-zones.jpg)

Map Depicting Trenches, Drill Holes, Vein Trends – Fancamp A-, B-, and D-zones

2020 Channel Sampling Results from Fancamp A, B and D-Zones

A-Zone

B-Zone

D-Zone