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Thunderstruck Resources Ltd.
Summary
| Project: | Korokayiu | |
|---|---|---|
| Deposit: | Korokayiu | |
| Location: | Fiji | |
| Commodities: | Zinc-Copper-Silver-Gold | |
| Date: | 1/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2020: Thunderstruck Resources Ltd. announces an Exploration/Drilling Update report for its Korokayiu deposit at the Korokayiu project. Drilling results incl. 11m @ 13.77% Zn, 2.94% Cu, 113.7g/t Ag, 1.08g/t Au from 60.5m. Vancouver, British Columbia-- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kristopher J. Raffle (Apex Geoscience Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (The "Company") is pleased to report significant assay results for the remaining diamond drill holes completed during 2019 on its Korokayiu Joint Venture zinc-copper VMS prospect. Based on the strength of these and previously reported 2019 drill results, together with other recent results from the project, the JV has applied to increase the tenement holdings by over 350%. Arrangements are underway to begin the next phase of drilling, which will be focused on scouting holes and completely funded by the JV partner. Bryce Bradley, Thunderstruck's President/CEO, stated "Zinc grades have increased 2.5 times for two of our modern diamond drill holes versus the historically reported Anglo drill intercepts. Our current drilling program has also shown a sizable increase in copper, gold and silver grades relative to historical data. We are nowin the process of securing a rig capable of testing these showings further down dip as well as continuing to test them laterally. This next phase of scouting holes will help to give size and direction beyond the historical discovery. And since the Korokayiu program is fully funded, it gives Thunderstruck the opportunity to advance its efforts on our other three 100%-owned projects in Fiji." | |
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