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Thunderstruck Announces Third Year Exploration Program on its Korokayiu Zinc/Copper Project

Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - Thunderstruck Resources Ltd. (...

articleThunderstruck Resources Ltd.June 15, 20213/company/thunderstruck-resources-ltd/news/thunderstruck-announces-third-year-exploration-program-on-its-korokayiu-zinccopper-project
Thunderstruck Announces Third Year Exploration Program on its Korokayiu Zinc/Copper Project

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[{"type":"text","content":"Thunderstruck Announces Third Year Exploration Program on its Korokayiu Zinc/Copper ProjectVancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - Thunderstruck Resources Ltd. (TSXV: AWE) is pleased to announce the commencement of Phase 1 of its 2021 exploration program on its Korokayiu high grade zinc/copper asset in Fiji. This marks the third year of funding from joint venture partner JOGMEC (Japan, Oil, Gas and Metals National Corporation). Phase 1 will include soil sampling and geophysics over several known targets to determine Phase 2 drilling objectives.Bryce Bradley, President and CEO of Thunderstruck Resources, commented, \"Road clearance will be completed this week, and the soil sampling program will commence on Monday. We're pleased that MINDECO (Mitsui Mineral Development Engineering Co., Ltd.) will return to Fiji to execute their IP program after which time we will use geochemical and geophysical results to determine drill targets for later in the season.\"SOIL AND GEOPHYSICAL SURVEYS TARGET HIGH PRIORITY ZONESExploration underway to identify VMS mineralization over 7.5 km along strikeThe next phase of exploration includes:Soil sampling at high priority prospects: Kula Creek, Echo Creek, Rotorua, Nancy, Kalia, Ruve and Palu Creek (Figure 1)4 line km of Induced Polarity (IP) geophysical surveys.SOIL SAMPLINGThe 2021 exploration season has begun with the start of a focused soil sampling campaign of over 1500 samples. Programs will develop a geochemical profile over approximately 7.5 km of prospective ground at Korokayiu. The study will focus on base metals associated with Volcanic Massive Sulphide (VMS) mineralization over seven presently known target areas; Kula Creek, Echo Creek, Rotorua, Nancy, Kalia, Ruve and Palu Creek (Figure 1). Echo, Ruve and Palu Creek prospects were highlighted during recent (2019-2020) exploration seasons through drilling of the discovery outcrop and ongoing geologic mapping and geophysical efforts. They occur 500-1000 m NE along strike from the discovery zone highlighted by Drill hole WLK17; which intersected 13.8% zinc (Zn), 2.94% copper (Cu), 114 grams-per-tonne silver (g/t Ag), and 1.08 g/t gold (Au) over a drill core interval of 11 metres (Figure 2) (see press release dated January 30, 2020). Echo Creek was also highlighted by ongoing IP surveys which identified resistivity anom...

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