November 5, 2018 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE) announces that it has arranged a private placement of up to $100,000.

The non-brokered private placement involves the sale of up to 1,666,667 units at a price of $0.06 per unit for aggregate gross proceeds of $100,000. Each unit will comprise one common share and one half of one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of $0.15 per share for a period of 36 months. The warrants will be subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.25 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital. The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

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. Liwa Creek is one of four projects, each of which is being marketed as potential joint venture opportunities. 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 OTCQB under the symbol “THURF”.


For additional information, please contact:                             

Rob Christl, 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. - October 30, 2018) - Thunderstruck Resources Ltd. (TSXV: AWE) (The "Company" or "Thunderstruck") is pleased to announce that ongoing geochemical sampling on the Liwa Creek gold prospect has expanded known targets and discovered a significant new gold zone.

The combined 2017 and 2018 prospecting and geochemical sampling programs at Liwa Creek have resulted in the discovery of multiple gold showings over a three-km, northeast-trending structural corridor that is open in all directions. The Company's intensive exploration approach combining initial stream BLEG sampling, followed by ridge-and-spur soil sampling, and anomaly-focused prospecting has, and continues, to lead to new discoveries.

In particular, sampling programs have returned high-grade gold and silver assays over previously discovered zones and expanded those zones. In addition, a potentially significant new zone, featuring the highest-grade soil sample yet collected, has been discovered.

Brien Lundin, Thunderstruck's Chairman stated, "Following up on the successful results from our Rama prospect, field work continues to expand our Liwa prospect as well. In combination with our Nakoro and Wainaleka VMS discoveries, it's becoming obvious that our Fiji properties offer tremendous potential. We are excited about continuing to advance on all fronts."

As detailed in the Appendix, prospecting and geochemical sampling programs at Liwa Creek have resulted in the discovery of multiple gold showings over a three-km, northeast-trending structural corridor that is open in all directions.

Two distinct styles of gold mineralization have been identified at Liwa Creek: narrow northeast-trending high-grade gold plus base metal veins lacking significant wall rock alteration typified by the Jensen's Showing; and dominantly north-south trending wide zones of gold-silver mineralized quartz-sericite-illite-pyrite altered volcanic rocks such as those occurring at the Liwa Ridge Showing and possibly the newly discovered Lower Vatuvatulevu gold target.

The two styles of mineralization exhibit characteristics of sub-epithermal gold-base metal and intermediate sulphidation epithermal gold-silver veins, respectively. The classification is significant in that both deposit styles are interpreted to have close copper porphyry deposit association, with intermediate sulphidation veins being interpreted as shallow-level counterparts of deeper gold plus base metal sub-epithermal veins located alongside porphyry copper deposits.

Juxtaposition of relatively shallow high-level intermediate sulphidation gold-silver vein system and deeper sub-epithermal high grade gold veins is interpreted to indicate overprinting of early deep copper porphyry related high grade gold veins by relatively late high-level gold-silver mineralization. The Company believes this indicates the presence of a significant and long-lived hydrothermal system at Liwa Creek.

Lawrence Roulston, Thunderstruck Director, noted, "The methodical exploration program at Liwa continues to be very effective at outlining this extensive gold system under soil cover. On-going work continues to push out the limits in prospective areas. Liwa already has a footprint in line with major gold-bearing systems. The size and the gold tenor of this system are extremely encouraging, especially in this Pacific Ring of Fire setting that hosts multiple world-class gold deposits."

Thunderstruck is advancing toward securing joint venture partners on its VMS and porphyry targets as it focuses on this highly prospective gold zone.

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. Liwa Creek is one of four projects, each of which is being marketed as potential joint venture opportunities. 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 OTCQB under the symbol "THURF".

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 the Liwa Creek Prospect.

During 2018 all stream sediment samples were submitted to Australian Laboratory Services Pty. Ltd (ALS) labs Perth for BLEG determination of gold. Auger soil samples were submitted for gold and multi-element geochemical analysis via a 25 gram (g) sample split subject ICP-MS. Prospecting and trench rock samples submitted for 30g gold Fire-Assay analysis and multi-element geochemistry by four-acid ICP-ES. Given the reconnaissance nature of the samples, Thunderstruck has relied on the external QA/QC of ALS which included the insertion of insertion of standard, blank and duplicate samples at a rate of 10% into the sample stream to confirm the accuracy of the reported results.

For additional information, please contact:

Rob Christl, 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

APPENDIX - LIWA CREEK GOLD PROJECT EXPLORATION DETAILS

Rock Sampling

At Liwa Creek exploration was designed to follow-up and expand on broad trenched gold zones at the Liwa Ridge Showing (0.61 g/t gold over 71.3 metres; including 1.2 g/t gold over 26.5. metres); further develop the high-grade Jensen's Showing (previous outcrop quartz vein rock grab samples returning 36 and 32 g/t gold from outcrop); and locate the source of widespread gold in float rock located within confined drainages of the Lower Vatuvatulevu Creek and Gun showing areas (see the Company's February 13, 2018 news release).

Of the 55 current rock grab samples collected at Liwa, a total of 15 samples returned greater than 1 g/t gold or 10 g/t silver; and up to 55.2 g/t gold and 379 g/t silver (Table 1).

At the Jensen's Showing two parallel, northeast trending, high-grade gold bearing quartz veins are exposed in the bed of Wainamoli Creek over a distance of 50 metres. The veins dip 60 to 80 degrees to the northwest and occur along the upper and lower contacts of an approximately 10 metre thick intrusive dyke cutting volcaniclastic rocks of the Wainimala Group.

Rock grab and small diameter backpack core drilling of the northern vein resulted in four (4) samples returning gold assays of 55.2 , 40.2 , 31.9, and 25.5 g/t gold (the later cored over a 0.22-metre true-width of the vein) with associated lead, copper and zinc values. Jensen's Showing quartz veins are brecciated and contain massive to semi-massive galena, chalcopyrite and sphalerite with vuggy comb to crustiform banded quartz vein textures in association with sericite-illite host rock alteration. The Jensen's south vein ranges in width from 0.1 to 0.5 metres in width and exhibits similar polyphase brecciated, anastomosing pinch-and-swell, comb and crustiform banded textures, with a total of 6 rock outcrop samples returning between 1.45 to 7.13 g/t gold.

Table 1: Liwa Creek Gold Prospect Significant Rock Grab Sample Results

A distance of 100 metres to the east of the main Jensen's discovery outcrops a rock grab sample of silicified and comb textured quartz veined Wainimala Group volcanic breccia rocks returned 4.62 g/t gold.

Rock outcrop and subcrop float grab sampling within Liwa Creek at the northern extent of the Liwa Ridge Showing, 800 metres west of Jensen's, returned 4.53 g/t gold and 379 g/t silver (the highest silver assay to date at Liwa Creek), respectively, from silica-flooded and quartz stockwork veined intrusive.

Soils

A total of 141 additional ridge-and-spur aguer soil geochemical samples were collected Liwa Creek. Sampling was designed to isolate potential source zones to the northeast of the Jenson's gold zone, and widespread gold in float rock recovered within the Lower Vatuvatulevu Creek and Gun showing areas.

Auger soil sampling within the Lower Vatuvatulevu Creek area resulted in the discovery of a significant new gold zone. Prior stream BLEG and prospecting float rock grab sampling within this small 400 x 400 metre drainage returned anomalous gold values. Current soil sampling along the southern ridge resulted in 8 soils collected over a 160-metre interval returning greater than 20 ppb gold, and up to 2,480 ppb gold (2.48 g/t gold) in soil. The result is four times greater than any previous soil sample collected on the project (643 ppb gold from the Liwa Ridge Gold Zone 1.5 km to the west). The five highest soils samples returned 707, 804, 894, 1050 and 2,480 ppb gold. The orientation of this newly discovered gold zone is presently not known. An aggressive follow-up via intensive prospecting, hand trenching and expansion of ridge-and-spur aguer soils to the south is warranted.

In addition, soil sampling along the Gun Showing ridge returned isolated anomalous gold values including 336 ppb and 82 ppb gold, which warrant additional follow-up sampling and prospecting.

Trenching

Hand excavated trenching at three locations (GT1, GT2, and GT3) totaling 29 metres within the Gun Showing area was designed to follow up on previously reported anomalous gold in soil values of 65 and 82 ppb gold (see the Company's February 13, 2018 news release). Trenches were excavated to a depth of 1 metre into the subsoil, however competent outcrop was not reached in any of the trenches. Trench GT3 returned 0.2 g/t gold over 2 metres from 0 to 2 metres; and 0.17 g/t gold over 3 metres between 8 and 11 metres. Trench GT2 returned 0.12 g/t gold over 2 metres; in addition to silicified and veined float rock grab samples recovered during excavation that returned 0.44, 0.20, and 0.15 g/t gold; including 4.5, 6.2 and 9.6 g/t silver, respectively. Trench GT1 did not return significant values.

Stream BLEG Sampling

Completion of stream BLEG geochemical sampling in the Noda Creek drainage designed to evaluate the potential southern extension of the north-south trending Liwa Ridge Gold Zone. Of the 23 Noda Creek stream BLEG samples collected a total of 13 samples returned greater than 20 parts-per-billion (ppb) gold and are considered anomalous. A stream BLEG collected from the Noda Creek headwaters at the southernmost known extent of the Liwa Ridge gold zone returned 93 ppb gold. This sample represents the highest gold in stream sediment value returned form the Project to date, and underscores the potential to expand the Liwa Zone southward.

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.

Figure 1

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/2901/40686_

Vancouver, British Columbia--(Newsfile Corp. - October 22, 2018) -  Thunderstruck Resources Ltd. (TSXV: AWE) (OTCQB: THURF) (The "Company" or "Thunderstruck") is pleased to announce that results of its Q3 field program has significantly increased the size of its Rama Creek copper-gold porphyry prospect. Rama is located on the main island of Fiji, 35 km west of the giant Namosi copper-gold district porphyry deposits, which are at the pre-feasibility phase and operated by a joint venture between Newcrest and Mitsubishi.

Recent field work at Rama included geological mapping, trenching and the collection of 287 samples. The work was focused on the previously discovered Senikura Gold Zone, located southwest of the Rama Creek Porphyry (see News Release March 1, 2018). A large and prospective area to the south is yet to be explored.

"The footprint of our porphyry target has effectively doubled to approximately 1.5 km in diameter," reports Bryce Bradley, President/CEO. "The results of the current program strongly suggest that the Senikura Gold Zone, which was previously interpreted as a separate and distinct gold target south of the porphyry system, is actually part of one large and well-mineralized hydrothermal system. This is a game changer as it demonstrates that Rama has potential to be a major copper-gold system."

Rama is on Thunderstruck's 148-square-kilometre Nakoro concession, which also hosts other highly prospective targets. Rama was explored by Anglo American in the 1970s, before the major pulled out of Fiji. Thunderstruck has since assembled a large property position in Fiji, including the Nakoro and Wainaleka concessions, which encompass copper-gold porphyry and epithermal gold targets, as well as two drill-identified copper-zinc VMS systems.

Building on earlier results, the company has quickly outlined what is shaping up as an important discovery at Rama Creek. The next phase of work will focus on additional geologic mapping and soil geochemical surveys, particularly in the developing Senikura Gold target, and an Induced Polarization (IP) geophysical survey to outline drill targets.

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. 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. Rama Creek is one of four projects, each of which is being marketed as potential joint venture opportunities. 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 (TSXV) under the symbol "AWE" and United States OTCQB under the symbol "THURF".

For additional information, please contact:           
                                                                                      
Rob Christl, 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

Figure 1: Rama Copper Map

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/2901/40525_thunderstruck2.jpg

 

Figure 2: Rama Gold Map

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/2901/40525_thunderstruck4.jpg

Appendix — Details of the Recent Field Work

Soils

Collection of an additional 191 ridge-and-spur auger soil geochemical samples was designed to provide high resolution coverage over the potential northwest extension of the Senikura Gold Zone target that returned trench results of 0.55 g/t gold over 37.6 metres; including 0.96 g/t gold over 11 metres (see the Company's March 1, 2018 news release).

In conjunction with a previous 228 auger soil samples collected the current results reinforce the apparent northwest trend of the Senikura Gold Zone, which is offset 1 km to the south of the interpreted centre of the Rama Copper-Gold Porphyry target (see the Company's May 17, 2018 news release). Current soil sampling to the northwest and southeast of the Senikura trench resulted in a total of 21 samples returning greater than 50 ppb gold; including 8 samples greater than 100 ppb gold, and up to 0.22 g/t gold in soil expanding the interpreted strike length of the Senikura target to 1 km in length.

Rock Sampling

A total of 60 rock grab samples were collected as part of detailed evaluation and geologic mapping of the Rama Copper-Gold Porphyry and Senikura Gold Zone targets. Of the 60 rock grab samples collected a total of nine (9) samples returned greater than 0.1 g/t gold or 0.10% copper and are considered anomalous. Three select rock grab samples of highly altered silicified vein breccia exposed in the Senikura trench returned assays of 0.52, 0.30, and 0.18 g/t gold. Within the Rama Creek Porphyry target, a total of 5 samples returned greater than 0.10% copper and up to 0.21% copper. Sampled outcrops comprised intensely silicified, sericite and potassic altered, stockwork textured magnetite-pyrite-chalcopyrite mineralized tonalite intrusive and associated zones of hydrothermal breccia indicative of a high-level porphyry environment.

Based on the results of geological mapping completed by the Company the Rama Creek copper-gold porphyry target exhibits strong northwest-southeast structural control. The copper-gold stockwork veined porphyry zone is separated from the Senikura Gold Zone to the south by wide northwest trending zone of hydrothermal brecciation. The predominance of gold primary mineralization and distal alteration assemblages to the south are interpreted to indicate that the Senikura Gold Zone represents a higher level manifestation of the same magmatic hydrothermal system. The implication being that significant potential for the discovery of additional porphyry mineralization at depth beneath the gold zone exists.

Trenching

A single short hand excavated trench was completed along the interpreted southern margin of the Rama Porphyry targets where previous auger sampling returned two consecutive soil samples returning 0.2 and 0.1 g/t gold, and 153 and 254 ppm copper, respectively. The trench excavated to a depth of 1 metre did not reach bedrock, however five channel samples collected over 10 metres returned anomalous gold and copper values averaging 32 ppb gold, and 161 ppm copper.

Stream BLEG Sampling

With the collection of an additional 31 stream BLEG geochemical samples the Company now has complete primary and secondary drainage coverage over an area of 20 square-km of the Rama Creek Copper-Gold Porphyry Prospect totaling 176 samples. The final phase of stream sampling was designed to expand the previously discovered Senikura Gold Zone. Combined stream sample results define an approximately 1 km diameter greater than 10 parts-per million (>90^th percentile) copper in stream and coincident northwest elongate greater than 14 ppb gold (>90^th percentile) geochemical anomaly encompassing the Senikura Gold Zone.

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 the Rama Creek and Liwa Creek Prospects.

During 20187 all stream sediment samples were submitted to Australian Laboratory Services Pty. Ltd (ALS) labs Perth for BLEG determination of gold. Auger soil samples were submitted for gold and multi-element geochemical analysis via a 25 gram (g) sample split subject ICP-MS. Prospecting and trench rock samples submitted for 30g gold Fire-Assay analysis and multi-element geochemistry by four-acid ICP-ES. Given the reconnaissance nature of the samples, Thunderstruck has relied on the external QA/QC of ALS which included the insertion of insertion of standard, blank and duplicate samples at a rate of 10% into the sample stream to confirm the accuracy of the reported results.

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.

 

October 9, 2018 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE, OTCQB: THURF) announces that, further to its press release dated October 4, 2018, it has closed its previously announced non-brokered private placement (the “Placement”).

Gross proceeds of $100,000.00 were raised through the sale of 1,250,000 units at a price of $0.08 per unit (each a “Unit”). Each Unit comprised one common share and one share purchase warrant. Each warrant entitles the holder to purchase a further common share at a price of $0.15 per share until October 9, 2021. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.25 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

No finder’s fees were payable in connection with the Placement.

All securities issued in the first tranche are subject to a hold period in Canada expiring on February 10, 2019. Additional restrictions may apply pursuant to Rule 144 of the Securities Act of 1933, as amended, to U.S. investors.

Proceeds of the Placement will be applied to exploration programs for the Company’s Fiji properties and general working capital.

Insiders of the Company subscribed for a total of 562,500 Units for aggregate subscription proceeds of $45,000, constituting a “related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101″). The Company is relying on the exemptions from the formal valuation and minority approval requirements under MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25% of the Company’s market capitalization, and no securities of the Company are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Company is exempt from minority shareholder approval relying on sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested parties exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the placement. A material change report was not filed 21 days prior to the closing of the private placement as insider participation had not been established at that time.

APPOINTMENT OF CHIEF FINANCIAL OFFICER

The Company is also pleased to announce the appointment of Annie Zou as its Chief Financial Officer and Corporate Secretary, who will replace Scott Hamilton who has resigned. Ms. Zou works with public companies in the resource, biopharmaceutical and technology industries. Her knowledge and experience support the financial reporting, regulatory compliance, treasury and audit functions. Ms. Zou completed a Bachelor of Commerce degree at the University of British Columbia and specialized in Accounting and Statistics. She is also a candidate for Chartered Professional Accountants British Columbia (CPABC).  

The Company would like to thank Mr. Hamilton for his contributions to the Company.

INVESTOR RELATIONS

Additionally, the Company advises that it has entered into a consulting agreement with Rob Christl for the provision of investor relations services. Mr. Christl has been an active investor and has worked in various corporate development capacities in the junior resource industry for over 20 years, and is a long-time and loyal shareholder of Thunderstruck Resources. After setting up the mining desk for Robson Capital in Vancouver, he raised funds for exploration companies and acted as intermediary between clients and shareholders to facilitate clear communication with stakeholders.   Mr. Christl will initially receive a fee of $1,500 per month, subject to adjustment at the discretion of the board. The term of the agreement is 12 months.

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 OTCQB under the symbol “THURF”.

For additional information, please contact:

    Rob, Christl, 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.

October 4, 2018 – Vancouver, British Columbia – Thunderstruck Resources Ltd. (“Thunderstruck”; TSX-V: AWE) announces that it has arranged a private placement of up to $100,000.

The non-brokered private placement involves the sale of up to 1,250,000 units at a price of $0.08 per unit for aggregate gross proceeds of $100,000. Each unit will comprise one common share and one share purchase warrant. Each warrant entitles the holder to purchase a further common share at a price of $0.15 per share for a period of 36 months. The warrants will be subject to accelerated exercise provisions such that if the closing price of the Company’s common shares exceeds $0.25 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants’ term to a period of 30 days following such notice.

Proceeds of the placement will be applied to exploration programs for the Company’s Fiji properties and general working capital. The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

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 the United States OTCQB under the symbol “THURF”.

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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.}