Thundermin Resources Inc. ("Thundermin") (TSX:THR) announces that it has
commenced an initial 2,000 m diamond drilling program in 6 to 7 holes on its
Stirling zinc-lead-copper-silver-gold property located in Richmond County, on
Cape Breton Island, Nova Scotia. The Stirling Property consists of 404 claims
(64.6 km2) covering approximately 15 kms of favourable volcanic stratigraphy
that trends southwest from the past-producing Mindamar (Stirling) Mine. The
Mindamar Mine, which produced in the 1930's and again in the 1950's, consisted
of several massive sulphide lenses which contained over 1,000,000 tonnes of ore
grading 6.3% Zn, 1.5% Pb, 0.8% Cu, 74.0 g/t Ag and 1.1 g/t Au (see Thundermin's
news releases dated June 23, July 21 and December 5, 2011 for additional details
on the Stirling Property). 


An initial exploration program completed on the Stirling property in the fall of
2011 consisted of 175 km of line cutting over the majority of the property,
prospecting, geological mapping, induced polarization ("IP") geophysical surveys
and mobile metal ion ("MMI") geochemical sampling over selected key target
areas. Four priority drill targets for base metal and/or gold mineralization
were outlined during this initial work.


The two most significant targets outlined to date occur near the center of the
Stirling property where lithogeochemical sampling undertaken by Xstrata Canada
Inc. ("Xstrata") (formerly Falconbridge Limited) during 1989-1991 outlined a
package of rocks with similar geochemical signatures to those that host the
Mindamar Mine approximately 8 km to the northeast. At the Taylor's Brook base
metal showing, Xstrata intersected wide intervals of sulphide mineralization
containing anomalous values of copper and zinc in four shallow drill holes, with
the best intersection assaying 5.2% copper over 1.0 m. A deep penetrating IP
survey, completed over a portion of the Taylor's Brook area by Thundermin in
2011, outlined a significant IP conductor with a minimum strike length of 600 m
that is interpreted to extend to depth well beyond the shallow drilling
completed by Xstrata. Approximately two km southwest of the Taylor's Brook area,
a strong IP conductor has been outlined over a strike length of at least one km.
This conductor is characterized by an area of extremely high conductivity and
low resistivity that occurs along the flank of a magnetic high. The IP conductor
also correlates with a weak to moderate airborne conductor that has never been
drilled. These two areas along with at least two other areas will be the focus
of the 2012 drill program.


John B. Heslop, President & CEO of Thundermin said "We are pleased to have
acquired this significant land package in the underexplored Stirling volcanic
belt. We are extremely satisfied with the results that we have received to date.
We feel that the results of our exploration effort to date confirm our belief
that the Stirling area is prospective for the discovery of additional precious
metal rich, zinc-lead-copper deposits and we look forward to a successful
initial drill campaign".


Qualified Person

Mr. Douglas Hunter, MSc., P.Geo., President of Earthunt Resources Inc., Mr.
Hunter's private consulting company, is the Q.P. responsible for the supervision
of the exploration program conducted by Thundermin on the Stirling property for
the purposes of NI 43-101. Mr. Hunter has reviewed the contents of this news
release for accuracy and approved of its release.


Option Agreement

Under the terms of the Stirling agreement, Thundermin has the right to earn a
100% interest in the Stirling Property by spending $1,000,000 on exploration and
by making cash payments of $70,000 and issuing 300,000 Thundermin shares to the
Vendors over four years. The first year commitments were a minimum of $150,000
of exploration expenditures (completed) and the payment of $15,000 cash (made)
and the issuance of 100,000 Thundermin shares to the Vendors (made) upon the
signing of the Stirling Agreement. All remaining exploration expenditures, cash
payments and share issuances beyond the first year are at Thundermin's option,
subject to a minimum exploration expenditure of $100,000 per year if Thundermin
elects to continue the option. If Thundermin acquires a 100% interest in the
Stirling Property, the Vendors will be entitled to receive a 2.0% net smelter
returns royalty, 50% of which may be purchased from the Vendors by Thundermin at
any time for $1,000,000. If Thundermin acquires a 100% interest in the Stirling
Property but fails to reach commercial production by May 17, 2019, then
Thundermin will be required to pay the Vendors a recoupable advance royalty in
the amount of $25,000 per year until commercial production is reached.


About Thundermin

Thundermin is a Canadian-based mineral exploration company focused on the
exploration for and the discovery of economically viable base metal and gold
deposits in Canada. Thundermin has an interest in, or the right to earn an
interest in, 12 base metal and gold properties in Canada. The most significant
of these is the Little Deer copper property in the Springdale area of
Newfoundland where Thundermin and 50% joint venture partner Cornerstone
Resources Inc. ("Cornerstone") have outlined Indicated Mineral Resources of
1,911,000 tonnes grading 2.37% copper and Inferred Mineral Resources of
3,748,000 tonnes grading 2.13% copper. A positive Preliminary Economic
Assessment was announced for the Little Deer project on November 1, 2011.
Thundermin and Cornerstone also own a 100% interest in the adjoining,
past-producing, Whalesback Copper Mine where a National Instrument 43 -101
mineral resource estimate is currently being undertaken by P&E Mining
Consultants Inc. Thundermin owns a 100% interest in the Lebel Township gold
property, which is located on the Kirkland Lake Main Break in the prolific
Kirkland Lake gold camp. Thundermin has royalty interests in 28 base metal and
gold properties located in Manitoba, Saskatchewan, British Columbia and Quebec,
the most significant being a 2.5% net smelter return royalty in the Pelletier
Lake gold deposit which is under option to Alexis Minerals Corporation.
Thundermin also has various shareholdings in fourteen other junior resource
companies that are actively exploring for base metal, gold, chrome,
vanadium-titanium and diamond deposits in Canada.


Forward-Looking Statements

This news release may contain "Forward-Looking Statements" that involve risks
and uncertainties, such as statements of Thundermin's plans, objectives,
strategies, intentions and expectations. The words "potential," "anticipate,"
"forecast," "believe," "estimate," "expect," "may," "project," "plan," and
similar expressions are intended to be among the statements that identify
"Forward-Looking Statements". Although Thundermin believes that its expectations
reflected in these "Forward-Looking Statements" are reasonable, such statements
may involve unknown risks, uncertainties and other factors disclosed in our
regulatory filings that can be viewed on the SEDAR website at www.sedar.com. For
us, uncertainties arise from the behavior of financial and metals markets and
from numerous other matters of national, regional, and global scale, including
those of an environmental, climatic, natural, political, economic, business,
competitive, or regulatory nature. These uncertainties may cause our actual
future results to be materially different than those expressed in our
"Forward-Looking Statements". Although Thundermin believes the facts and
information contained in this news release to be as correct and current as
possible, Thundermin does not warrant or make any representation as to the
accuracy, validity or completeness of any facts or information contained herein
and these statements should not be relied upon as representing its views
subsequent to the date of this news release.


For further information on Thundermin Resources Inc. please visit Thundermin's
website at www.thundermin.com or the SEDAR website at www.sedar.com.


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