Thunderstruck Resources Ltd. is pleased to provide the following update on exploration activities at its 100%-owned Rama porphyry copper-gold project located on the island of Viti Levu, Fiji . The Rama project currently consists of four main targets areas - the Rama/Senikura, Gun, and Navua porphyry copper-gold targets and the Liwa epithermal gold target - and lies approximately 30 km due west of Newmont Corp.'s Namosi [...]
Thunderstruck Resources announces that it has arranged a private placement of up to $1,000,000 to advance the Company's Rama-Senikura Copper/Gold Prospect in Fiji and general working capital. "Thunderstruck has substantial copper showings across three of its four assets, and we're poised to capitalize on strong copper prices and a projected long-term supply deficit with our consolidation of the area into a regional scale [...]
Thunderstruck Resources reports that the scope for a substantial increase in the scale of the Nakoro zinc/copper/silver prospect has been provided through a recent IP geophysical survey. Nakoro is one of four projects being advanced by Thunderstruck on the main island of Fiji. The current work follows up on exploration by Anglo Pacific in the 1970s. Historic drilling includes 12 meters grading 12.7% zinc, 0.3% copper, 56 [...]
Thunderstruck Resources is pleased to provide the following corporate updates. Advisory Board Appointment The Company is excited to announce that Mr. Eric Roth will be joining its Advisory Board. Eric holds a Ph.D. in Economic Geology from the University of Western Australia and is an economic geologist with over 30 years of experience in international minerals exploration and mining project evaluation. He is also a [...]
Thunderstruck Resources wishes to announce that the private placement announced on March 20th, 2023 has been cancelled. In order to better finance the company, the board of directors has approved and authorized a consolidation of the company's issued and outstanding shares on a one new share for each five current shares basis . As a result, the 127,012,810 shares currently outstanding will be consolidated to 25,402,562 [...]
Thunderstruck Resources is pleased to provide the following updates on its 100% owned Fijian prospects. Nakoro VMS Prospect - IP Geophysics The Company has commenced an Induced Polarization geophysical survey across the Nakoro Prospect, where historic exploration has identified significant base metal mineralization including 12.0m @ 12.7% Zn and 0.3% Cu from 64m The activity comprises 10 line kilometers and is designed to [...]
Thunderstruck Resources is pleased to announce the recent commencement of the 2022 drill program in Fiji. "The drill is turning!" said Bryce Bradley, President and CEO. "Nearly five decades after the discovery of these gold-silver targets, they are finally being drilled. We are excited that the team has successfully mobilized to Liwa with a custom made drill fit for Fiji's unique terrain, and we'll be working hard to [...]
Thunderstruck Resources is pleased to announce its intention to drill multiple high priority targets at its Liwa gold/silver prospect in Fiji. With the signing of a long-term drilling contract, drilling is set to commence in early Q3 2022. The company has outlined a seven-hole drill program designed to test the validity at depth of geophysical anomalies corresponding with surface mineralization. "Our extensive [...]
Thunderstruck Resources Ltd. President/CEO Bryce Bradley announces the conclusion of Thunderstruck's earn-in agreement with Japan Oil, Gas and Metals National Corporation on the Company's Korokayiu VMS prospect in Fiji. Thunderstruck and JOGMEC announced on February 28, 2019 a joint venture agreement to explore Thunderstruck's Korokayiu base metals asset, with CDN$3.5 million in exploration expenditures by JOGMEC to earn [...]
Thunderstruck Resources Ltd. advises, further to its press release dated February 14, 2022, that it has closed its previously announced non-brokered private placement . Gross proceeds of CAD$2,500,000 were raised through the sale of 35,714,285 units at a price of $0.07 per unit. Each unit comprised one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at [...]
Thunderstruck Resources Ltd. is pleased to announce that Australian Businessman Ian Gandel has made a strategic investment into Thunderstruck Resources and looks to play an integral role in the company as it continues to advance its Fijian precious and base metal assets to bring value to shareholders. "We are humbled to have attracted an investor with serial success such as Mr. Gandel. His investment confirms the view [...]
Thunderstruck Resources Ltd. is pleased to announce the following updates on its exploration projects in Fiji: Preliminary results from Liwa indicate the presence of a large mineralized system interpreted to be the top of a porphyry copper-gold system. Full assays from the 2021 exploration program are pending. Initial results are encouraging and demonstrate the presence of anomalous gold in the system. The Company has [...]