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Field Work Extends Liwa Creek Gold Prospect; Samples 55 g/t Gold and 379 g/t Silver in OutcropAnd Discovers Significant New Gold Zone
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Thunderstruck Resources Lt...
About this update from Thunderstruck Resources Ltd.
[{"type":"text","content":"Field Work Extends Liwa Creek Gold Prospect; Samples 55 g/t Gold and 379 g/t Silver in OutcropAnd Discovers Significant New Gold ZoneVancouver, 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...