Vancouver, August 6, 2020 – Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (“Thunderstruck” or “the corporate”) will announce that two marine boxes have arrived at the Port of Fiji containing two drilling rigs and other drilling system appliances matched the company’s Liwa Creek gold asset and Korokay’s zinc/copper assets. The company will also announce that Lloyd Gale, who will have a drilling rate in the country, has also arrived safely in the country.
“We would like to thank the Fijian government for creating a special exemption and Covid-19 quarantine program to allow the company’s drilling rig to safely enter Fiji,” said Bryce Bradley, president and CEO of Thunderstruck. “This exemption demonstrates the country’s commitment to exploration and progression that has succeeded in eliminating Covid-19 through strict restrictions. We couldn’t be happier with the paintings among people who paint other people in Fiji hard.”
Each Thunderstruck worker will be quarantined for 14 days at a government-supervised hotel to meet certain requirements. Once this quarantine era is completed, the drilling rig will be deployed and drilling will begin. Exercises are expected to begin running until the end of August.
About Fiji
Viti Levu, Fiji’s main island, has a long history of mining. It is in the prolific Pacific Ring of Fire, a trend that has produced many giant deposits, adding Porgera, Lihir and Grasberg. Viti Levu Island is the home of Namosi, owned by a joint venture between Newcrest and Mitsubishi. Newcrest has issued proven and probable reserves for Namosi from 1.3 trillion tons to 0.37% Cu and 0.12 g/t Au (5.2 million au ounces and 4.9 million Cu tons). Namosi is recently undergoing an environmental assessment as a component of the approval process. Lion One Metals is recently presenting its Tuvatu project, with indicated resources from 1.1 million tonnes to 8.17 g /t Au (294,000 ounces Au) and supposed resources from 1.3 million tonnes to 10.6 g/t Au (445,000 ounces Au). The Vatukoula gold mine has been in operation for 80 years and produces more than 7 million ounces.
About Thunderstruck Resources
Thunderstruck Resources is a Canadian mining exploration company that has assembled large and very promising homes in Fiji where recent and past exploration paints have shown the mineralization of VMS, copper and valuable metals. The company provides investors with exposure to a diversified portfolio of exploration-stage projects with zinc, copper, gold and silver prospects in a politically secure and robust jurisdiction. Thunderstruck is traded on the Toronto Venture Exchange (TSX-V) under the symbol “AWE” and in the United States OTC with the symbol “THURF”.
For information, contact:
Rob Christl, Investor Relations Email: [email protected] P: 778-840-7180 or our website: http://www.thunderstruck.ca
Neither TSX Venture Exchange Inc. nor its regulatory service provider (as explained in TSX Venture Exchange’s policies) assumes the duty of the relevance or accuracy of this release.
This press release includes secure statements that would possibly be “forward-looking statements.” While Thunderstruck believes that the expectations expressed in these forward-looking statements are based on moderate assumptions, such statements are not promises of long-term functionality and the actual effects may differ materially from those of forward-looking statements. Forward-looking statements are based on the beliefs, estimates and revisions of Thunderstruck’s control as of the date the statements are made. Unless required by law, Thunderstruck assumes no legal responsibility to update such forward-looking statements in the event that the beliefs, estimates or revisions of control or other factors change.
To view the original edition of this press release, https://www.newsfilecorp.com/release/61264