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The Company is pleased to announce that it has hired APEX Geoscience Ltd. (“APEX”) to conduct an independent site visit in conjunction with a complete technical review and data compilation of Thunderstruck’s zinc, copper, silver and gold projects in Fiji. APEX is a leading mineral geological consulting services firm focused on the mineral and energy sectors. Kris Raffle, P.Geo., Principal and Consultant of APEX will oversee Thunderstruck’s exploration programs, with an initial focus on the Rama Creek copper porphyry and Liwa Creek epithermal gold project.
“We’re excited that focused exploration has now begun on these high potential exploration targets that have been relatively unexplored for over forty years”, stated Bryce Bradley, President and CEO.
EXPLORATION UPDATE
The Company has received partial analytical results for 110 stream sediment geochemical samples collected from its Rama Creek porphyry copper-gold (Cu-Au) prospect during May 2017 (Phase 1). Sampling at Rama Creek was designed to follow-up and provide confirmation of historic copper and gold in stream and auger soil anomalies discovered in headwaters of Rama Creek. Historic 1974 diamond drilling reported by Anglo American at Rama Creek targeted a magnetic high geophysical anomaly and intersected significant porphyry copper mineralization, with vertical drill hole “DDH1” returning a 244 metre interval between depths of 6 and 250 metres averaging 0.22% Cu and ending in mineralization. Given the limited historic diamond drilling the true width of this interval is not known.
Rama Creek stream sediment samples were submitted to Australian Laboratory Services Pty. Ltd (ALS) labs Brisbane for Bulk Leach Extractable Gold (BLEG) determination of gold, silver and copper. Selected samples were also submitted for multi-element geochemical analysis by Inductively Coupled Mass Emission Spectroscopy (ICP-ES). The Company will release the results of sampling at Rama Creek pending receipt of outstanding geochemical results.
The Company has initiated Phase 2 exploration at Rama Creek comprising the collection of “ridge and spur” auger soil and follow-up stream sediment geochemical sampling and prospecting designed to continue to follow-up and define historic Cu-Au geochemical anomalies at Rama Creek.
About Thunderstruck Resources
Thunderstruck Resources is a Canadian mineral exploration company with highly prospective VMS and precious metals projects in Fiji. 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”.
Qualified Person Statement
Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd., is a qualified person for the project as defined by National Instrument 43-101. Mr. Raffle has reviewed the technical content of this news release.
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.
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.