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IP Geophysical Surveys Reveal High-Priority Drill Targets Underlying Surface Sampling
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2019) - Thunderstruck Resources Ltd. ...
About this update from Thunderstruck Resources Ltd.
[{"type":"text","content":"IP Geophysical Surveys Reveal High-Priority Drill Targets Underlying Surface SamplingJOGMEC/Thunderstruck Mobilize on KorokayiuVancouver, British Columbia--(Newsfile Corp. - April 2, 2019) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTCQB: THURF) (The \"Company\") is pleased to announce that the first focused geophysical surveys ever conducted on its exploration projects in Fiji have confirmed high-priority drill targets beneath extensive surface geochemical anomalies. The coincident chargeability high and resistivity anomalies, together with the widespread surface mineralization, in this geological setting and with extensive hydrothermal alteration, are characteristic of large gold-copper mineralizing systems and related epithermal veins.Thunderstruck completed a total of 11 line-km of pole-dipole IP/Resistivity ground geophysical surveys, comprising 7 line-km over five lines at Rama Creek copper-gold porphyry target (including a one-km line transecting the associated Senikura Gold Zone), and 4 line-km over four lines at the Liwa Creek gold prospect during December 2018 and February 2019. All nine lines returned significant IP/Resistivity anomalies coincident with known soil, rock, and trench geochemical targets. The results highlight the significant depth potential of gold and copper-gold mineralization zones identified by the Company.\"These results show that our Rama copper-gold porphyry target geophysical anomaly extends to a depth of at least 500 meters, far deeper than Anglo's discovery hole in 1975, which ended in mineralization at 244 meters,\" stated Bryce Bradley, Thunderstruck President and CEO. \"A drilling program will determine the ultimate size of this exciting target.\"\"The results from our Liwa gold prospect also indicate that geophysical anomalies associated with wide-spread surface mineralization extend to a depth of at least 300 meters below each of our four gold targets, where prior sampling and trenching showed locally high grade gold mineralization at surface,\" she noted. \"With this confirmation of depth potential, we are now ready to determine specific drill targets for each of our identified gold prospects. It's important to note that, in all cases, the anomalies are open to depth beyond the limits of the geophysical surveys.\"JOGMEC/Thunderstruck Exploration Preparations UnderwayJOGMEC (Japan Oil, G...