Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - Thunderstruck Resources Ltd. (TSXV: AWE) is pleased to announce the commencement of Phase 1 of its 2021 exploration program on its Korokayiu high grade zinc/copper asset in Fiji. This marks the third year of funding from joint venture partner JOGMEC (Japan, Oil, Gas and Metals National Corporation). Phase 1 will include soil sampling and geophysics over several known targets to determine Phase 2 drilling objectives.

Bryce Bradley, President and CEO of Thunderstruck Resources, commented, "Road clearance will be completed this week, and the soil sampling program will commence on Monday. We're pleased that MINDECO (Mitsui Mineral Development Engineering Co., Ltd.) will return to Fiji to execute their IP program after which time we will use geochemical and geophysical results to determine drill targets for later in the season."

SOIL AND GEOPHYSICAL SURVEYS TARGET HIGH PRIORITY ZONES

Exploration underway to identify VMS mineralization over 7.5 km along strike

The next phase of exploration includes:

1. Soil sampling at high priority prospects: Kula Creek, Echo Creek, Rotorua, Nancy, Kalia, Ruve and Palu Creek (Figure 1)
2. 4 line km of Induced Polarity (IP) geophysical surveys.

SOIL SAMPLING

The 2021 exploration season has begun with the start of a focused soil sampling campaign of over 1500 samples. Programs will develop a geochemical profile over approximately 7.5 km of prospective ground at Korokayiu. The study will focus on base metals associated with Volcanic Massive Sulphide (VMS) mineralization over seven presently known target areas; Kula Creek, Echo Creek, Rotorua, Nancy, Kalia, Ruve and Palu Creek (Figure 1).

Echo, Ruve and Palu Creek prospects were highlighted during recent (2019-2020) exploration seasons through drilling of the discovery outcrop and ongoing geologic mapping and geophysical efforts. They occur 500-1000 m NE along strike from the discovery zone highlighted by Drill hole WLK17; which intersected 13.8% zinc (Zn), 2.94% copper (Cu), 114 grams-per-tonne silver (g/t Ag), and 1.08 g/t gold (Au) over a drill core interval of 11 metres (Figure 2) (see press release dated January 30, 2020).

Echo Creek was also highlighted by ongoing IP surveys which identified resistivity anomalies between 300 and 700 meters NE along strike from the discovery outcrop (see press release dated April 12, 2021).

Figure 1: Location map of soil sample survey areas over high priority targets at Kula Creek, Nancy, Kalia, Rotorua, Echo Creek, Ruve Creek and Palu Creek.

To view an enhanced version of this graphic, please visit:
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At Kula, Nancy, Kalia and Rotorua prospects soil sampling programs are also underway to identify any anomalous VMS mineralization associated with the western extensions of previously identified mineralized horizons at the discovery zone (Wainaleka).

GEOPHYSICS

Following successful identification of high priority targets at Echo Creek, continued IP surveys are slated to commence mid-season by MINDECO. An additional 4 line km will be completed over the highly prospective Kula Creek and Echo Creek prospects.

Figure 2: Korokayiu WLK17 drill section.

To view an enhanced version of this graphic, please visit:
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ABOUT JOGMEC

JOGMEC (Japan Oil, Gas and Metals National Corporation) seeks to ensure a stable supply of metal resources that are indispensable for Japanese industries. To achieve that objective, they contribute financial and technical resources to exploration, development, production and other measures intended to provide a long-term supply of key metals.

ABOUT MINDECO

Mitsui Mineral Development Engineering Co. Ltd. (MINDECO)

MINDECO provides comprehensive mineral exploration services covering geological, geochemical, and geophysical surveys and drilling for natural resources. Through private sector and international cooperative projects, MINDECO has been involved with the surveying and development of non-ferrous metal and water resources in Japan, Central and South America, Southeast and Central Asia, and numerous African countries.

Utilizing their years of experience and expertise in resource projects, MINDECO provides advice for formulating mining promotion measures, proposals for mining master plans, and support for mining promotion that gives appropriate consideration to the environment.

ABOUT FIJI

Viti Levu, the main island of Fiji, has a long mining history. It is on the prolific Pacific Ring of Fire, a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg. The island of Viti Levu hosts Namosi, held by a joint venture of Newcrest, Mitsubishi and Nittetsu. Newcrest published Proven and Probable Reserves for Namosi of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu) (please see Company's Press Release October 19, 2019). Namosi is now undergoing environmental assessment as part of the permitting process. Lion One Metals is now developing its Tuvatu Project, with Indicated Resources of 1.1 million tonnes at 8.17 g/t Au (294,000 ounces Au), and Inferred Resources of 1.3 million tonnes at 10.6 g/t Au (445,000 ounces Au). The Vatukoula Gold Mine has been operating for 80 years, producing in excess of 7 million ounces.

ABOUT THUNDERSTRUCK RESOURCES

Thunderstruck Resources is a Canadian mineral exploration company that has assembled four extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF".

On behalf of Thunderstruck Resources Ltd.

Bryce Bradley
President/CEO, Director

For additional information, please contact:

Rob Christl, VP Business Development and Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: +1 778 840-7180

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87601

April 14, 2021 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (the “Company”; TSX-V: AWE, OTC: THURF) announces that it has commenced a civil claim in the British Columbia Supreme Court against Bonga Xploration Drilling Supplies Inc. (“Bonga”), a British Columbia entity, and its principals, Lloyd Francis Gale and Viccy Namuyomba, regarding breaches of a service contract dated May 15, 2020 as well as defamatory and libelous statements made by the principals of Bonga against the Company, its CEO and Senior Management.

Bonga breached the terms of its services agreement by disclosing confidential information of the Company to the Fiji Sun, failing to ensure safety standards and procedures were followed, failing to utilize properly experienced personnel, failing to progress work diligently, failing to keep equipment in good working order, and failing to pay the Company for expenses incurred on behalf of Bonga and advances made to Bonga.

Following the termination of the services agreement by the Company, Bonga and its principals commenced a defamatory campaign against the Company, including postings directed at the investor community in Stockhouse and CEO.ca as well as to the Company’s joint venture partner, where Bonga sought to have them terminate its relationship with Thunderstruck and engage Bonga for its services alone.

The Company intends to vigorously pursue its claims against Bonga including payment of damages to the Company suffered as a result of Bonga’s conduct.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF".

For additional information, please contact:

Rob Christl, VP Business Development and Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 778 840-7180
or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) ("Thunderstruck" or the "Company") is pleased to announce results from its Induced Polarization (IP) geophysical survey conducted by Japan's Mitsui Mineral Development Engineering Co. (MINDECO) at its Korokayiu Zinc/Copper project in Fiji. The results of the program have delineated multiple encouraging conductive anomalies over a 1.5 kilometer corridor.

"The ability to overlay geophysics on current data has been an exciting process to say the least. Our MINDECO technical team and JV partner Japan Oil, Gas and Metals National Corporation (JOGMEC) believe this IP could be the key to unlocking substantial value at Korokayiu," commented Thunderstruck CEO Bryce Bradley. "Having JOGMEC fund this third year of exploration is a strong signal of the potential they see at Korokayiu and we can't be more pleased to be on this discovery journey together."

The Company has completed a total of 6 line-kilometers of an ongoing pole-dipole IP ground geophysics survey designed to test both conductivity and resistivity. The program, comprised of 4 lines run both parallel and perpendicular to the mineralized VMS lens at Korokayiu should provide a 3-dimensional view below surface and support future drill targeting. Initial review has highlighted prospective areas both to the southwest and northeast of the discovery outcrop and is coincident with known soil/rock samples, and drill results.

Further, results of the survey have complemented the physical property studies on 43 core samples at Korokayiu which outlined resistivity as a key identifying feature of massive sulphides which predictably provide a resistivity response of less than 50 Ohms. An additional 4 IP line-kilometers are scheduled to begin in June 2021.

In addition, the resistivity and chargeability anomalies have been shown to extend at least 175 meters south-west along strike from the discovery outcrop. Line04 (figure 1) is perpendicular to the strike along a favourable horizon 175 meters south-west of the discovery outcrop and displays resistivity and chargeability features coincident with the strike and dip of mineralized horizons intersected in 2019 drilling highlighted by intercept 6.3 m grading 14.5% zinc (Zn) (see press release dated December 11, 2019).

Figure 1: Line04 is perpendicular to strike of the mineralized horizons, showing its intersection with Line09. The wave line represents the boundary between the hanging and foot walls.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2901/80135_20f1a94f7426aa8e_001full.jpg

Resistivity anomalies have also been identified in preliminary IP surveys proximal to the recent drill hole WLK19A, which intersected 2.97 % Zinc (Zn) and 26.6 grams-per-tonne Silver (g/t Ag), over a drill core interval of 5.42 meters (see press release dated February 18, 2021). Resistivity anomalies are between stations 1275 and 2000 of strike parallel Line 09, 300 to 700 meters north-east along strike from the discovery outcrop (figure 2).

Line07 also highlights moderate chargeability features at depth, 2500 meters northeast along strike from the discovery outcrop (figure 3).

Figure 2: Korokayiu IP survey results from Line09B run perpendicular to strike and extend east of the discovery outcrop. Resistivity anomalies are between stations 1275 and 2000 of strike parallel Line09, 300 to 700 meters north-east along strike from the discovery outcrop.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2901/80135_20f1a94f7426aa8e_002full.jpg

Figure 3 Korokayiu IP survey results from Line07 which was run approximately 1 kilometer in length and perpendicular strike direction 2500 meters north east of the discovery outcrop.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/2901/80135_20f1a94f7426aa8e_003full.jpg

About JOGMEC

JOGMEC (Japan Oil, Gas and Metals National Corporation) seeks to ensure a stable supply of metal resources that are indispensable for their industries, and contributes to a wide range of fields including surveying, exploration, development, production and stockpiling to recycling and environmental protection.

About Fiji

Viti Levu, the main island of Fiji, has a long mining history. It is on the prolific Pacific Ring of Fire, a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg. The island of Viti Levu hosts Namosi, held by a joint venture between Newcrest and Mitsubishi. Newcrest published Proven and Probable Reserves for Namosi of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu). Namosi is now undergoing environmental assessment as part of the permitting process. Lion One Metals is now developing its Tuvatu Project, with Indicated Resources of 1.1 million tonnes at 8.17 g/t Au (294,000 ounces Au), and Inferred Resources of 1.3 million tonnes at 10.6 g/t Au (445,000 ounces Au). The Vatukoula Gold Mine has been operating for 80 years, producing in excess of 7 million ounces.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF".

For additional information, please contact:

Rob Christl, VP Business Development and Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 778 840-7180
or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80135

Toronto, Ontario--(Newsfile Corp. - February 24, 2021) - Thunderstruck Resources (TSXV: AWE) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

The annual conference will be a virtual event this year and will take place from March 3-5, 2021.

For more information and/or to register for the conference please visit: https://www.redcloudfs.com/prepdac2021/.

We look forward to seeing you there.

For further information:

Thunderstruck Resources

Rob Christl 
VP Business Development & IR

778-840-7180
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.thunderstruck.ca

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2021) -  Thunderstruck Resources Ltd. (OTC: THURF) (TSXV: AWE): (The "Company") is pleased to give an update on its Fiji exploration assets.

Highlights

• Positive results from drilling at Korokayiu Joint Venture (JV) zinc-copper volcanogenic massive sulphide (VMS) project leads joint venture partner to expand program, including initiation of metallurgical testing.
• Rama copper-gold porphyry project: Management is working with multiple interested parties to secure a joint venture to fund the next phase of work.
• Drilling is planned for June 2021 at the Liwa gold/silver project.

Korokayiu Zinc-Copper VMS

Initial scout drilling, at the Korokayiu VMS prospect has intersected anomalous zinc grades 275 meters north-east along strike from the discovery outcrop, extending the known mineralized horizon intersected in the 2019 drill programs (see press release January 30, 2020) which outlined a significant zinc-copper-silver-gold VMS system.

Based on these positive results, the joint venture partner Japan Oil, Gas and Metals National Corporation (JOGMEC) is presently working with Thunderstruck on details of a comprehensive 2021 Induced Polarity (IP) geophysical survey, soil geochemistry and drill program with Mitsui Mineral Development Engineering Co., Ltd. (MINDECO).

Drill hole WLK19A intersected 2.97% Zinc (Zn) and 26.6 grams-per-tonne Silver (g/t Ag), over a drill core interval of 5.42 meters (Table 1). This first hole into a new target zone is highly encouraging. The mineralization is hosted by intensely altered fragmental volcanoclastic dacite hosting sphalerite, chalcopyrite and pyrite mineralization. Drill hole WLK19A was designed to test coincident gravity, structural and soil anomalies (Figure 1).

Six line-kilometres of follow up IP surveys were conducted during late 2020 over prospects highlighted by previous drilling (including WLK19A), soil sampling, and detailed mapping. The IP surveys have been directed at delineating targets within areas of known base metal mineralization on the Korokayiu prospect including: Wainaleka (the discovery outcrop), Kula Creek, Nancy, Kalia, Rotorua, Kove Kove, Echo Creek, as well as Ruve and Palu Creek (see press release May 21, 2020). Results of IP surveys are currently being processed. These multiple targets are consistent with typical VMS-type deposits which typically occur in clusters.

Metallurgic processing test work is also underway on material garnered from the discovery outcrop, highlighted by drill hole WLK17 with 11 meters of 13.77% Zn, 2.94% Copper (Cu), 113.7 g/t Ag and 1.08 grams-per-tonne Gold (Au) (Table 1). It is highly encouraging that the joint venture partner has undertaken metallurgical testing at this stage of the exploration program.

Bryce Bradley, Thunderstruck's President/CEO, stated "We will have 2 drill programs in 2021, on our Liwa gold/silver and Korokayiu zinc/copper assets, it's a positive situation in a challenging time."

Table 1. Korokayiu Cu-Zn Deposit Significant Diamond Drill Intercepts

¹The true width of mineralization is estimated to be 80-100% of the drilled interval

Figure 1. Korokayiu WLK19A Drill Section

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/2901/74824_174d0111d46e79bf_001full.jpg

Liwa Gold/Silver Prospect

Drilling at the Liwa gold/silver asset was interrupted due to the termination of Lloyd Gale of Bonga Drilling and is expected to resume in June, focused on targets delineated during the 2019 exploration season (figure 2) (see press release October 11, 2019) and with Induced Polarity (IP) surveys (see press release April 2 2019).

Figure 2 Liwa Gold/Silver Exploration Results

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/2901/74824_174d0111d46e79bf_002full.jpg

Rama Creek Copper-Gold Porphyry

Interest has been expressed from several groups seeking to create a joint venture with Thunderstruck on our Rama copper-gold porphyry prospect (Figure 3). Thunderstruck is working to secure a strong partner to advance the project which has historical drill intercepts of 0.22% Cu over 244 meters. Recent IP geophysical, trenching, and soil sampling programs (see press releases dated April 2, 2019 and October 22, 2018) have further defined the structure and the extent of the mineralized system, leading to strong interest from potential partners.

Figure 3 Rama Creek IP/Resistivity Survey Results (Isometric View Looking North)

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/2901/74824_174d0111d46e79bf_003full.jpg

Management Update

The Company is pleased to announce the appointment of Rob Christl as Vice President Business Development and Investor Relations.

"Rob is one of our largest shareholders and a long time Thunderstruck supporter,' stated Bryce Bradley, President/CEO. "He has been critical in advancing our goal of building a strong exploration presence in Fiji, and we're thrilled that he has agreed to take on a larger role in the Company."

About Fiji

Viti Levu, the main island of Fiji, has a long mining history. It is on the prolific Pacific Ring of Fire, a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg. The island of Viti Levu hosts Namosi, held by a joint venture between Newcrest and Mitsubishi. Newcrest published Proven and Probable Reserves for Namosi of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu). Namosi is now undergoing environmental assessment as part of the permitting process. Lion One Metals is now developing its Tuvatu Project, with Indicated Resources of 1.00 million tonnes at 8.48 g/t Au (274,600 ounces Au), and Inferred Resources of 1.33 million tonnes at 9.0 g/t Au (384,000 ounces Au) reported at a 3.0 g/t Au lower cutoff. The Vatukoula Gold Mine has been operating for 80 years, producing in excess of 7 million ounces.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed zinc, copper and precious metals mineralization. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF."

Methodology and QA/QC

The analytical work reported on herein was performed by Australian Laboratory Services Pty. Ltd. (ALS) Brisbane. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Thunderstruck Resources and the QP. Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250 gram split to 85% passing 75 microns (PREP-31). A 0.25 gram sample pulp was then subject to 4-acid (HF-HNO₃-HClO₄) digestion and analysis via 33 element ICP-AES analysis (ME-ICP61) for base metals and silver, and 30 gram fire assay fusion (Au-AA25) for gold determination. Base metal over limit values returning greater than 1%, or greater than 100 g/t for silver, were analyzed by four-acid digestion of a 0.40 gram sample pulp, followed analysis via ICP-AES (ME-OG62).

Thunderstruck Resources follows industry standard procedures for the work carried out on the Korokayiu prospect, with a quality assurance/quality control (QA/QC) program. Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Thunderstruck Resources detected no significant QA/QC issues during review of the data. Thunderstruck Resources is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.

Qualified Person Statement

Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, is a qualified person for the project as defined by National Instrument NI 43-101. Mr. Raffle has reviewed and approved the portion of the technical content of this news release as it relates to Korokayiu VMS prospect.

For additional information, please contact:

Rob Christl, VP Business Development and Investor Relations
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 778 840-7180
or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/74824