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Thunderstruck Identifies Multiple Conductive Anomalies over 1.5 Kilometers at Korokayiu
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Thunderstruck Resources Ltd. ...
About this update from Thunderstruck Resources Ltd.
[{"type":"text","content":"Thunderstruck Identifies Multiple Conductive Anomalies over 1.5 Kilometers at KorokayiuVancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (\"Thunderstruck\" or the \"Company\") is pleased to announce results from its Induced Polarization (IP) geophysical survey conducted by Japan's Mitsui Mineral Development Engineering Co. (MINDECO) at its Korokayiu Zinc/Copper project in Fiji. The results of the program have delineated multiple encouraging conductive anomalies over a 1.5 kilometer corridor. \"The ability to overlay geophysics on current data has been an exciting process to say the least. Our MINDECO technical team and JV partner Japan Oil, Gas and Metals National Corporation (JOGMEC) believe this IP could be the key to unlocking substantial value at Korokayiu,\" commented Thunderstruck CEO Bryce Bradley. \"Having JOGMEC fund this third year of exploration is a strong signal of the potential they see at Korokayiu and we can't be more pleased to be on this discovery journey together.\" The Company has completed a total of 6 line-kilometers of an ongoing pole-dipole IP ground geophysics survey designed to test both conductivity and resistivity. The program, comprised of 4 lines run both parallel and perpendicular to the mineralized VMS lens at Korokayiu should provide a 3-dimensional view below surface and support future drill targeting. Initial review has highlighted prospective areas both to the southwest and northeast of the discovery outcrop and is coincident with known soil/rock samples, and drill results. Further, results of the survey have complemented the physical property studies on 43 core samples at Korokayiu which outlined resistivity as a key identifying feature of massive sulphides which predictably provide a resistivity response of less than 50 Ohms. An additional 4 IP line-kilometers are scheduled to begin in June 2021. In addition, the resistivity and chargeability anomalies have been shown to extend at least 175 meters south-west along strike from the discovery outcrop. Line04 (figure 1) is perpendicular to the strike along a favourable horizon 175 meters south-west of the discovery outcrop and displays resistivity and chargeability features coincident with the strike and dip of mineralized horizons intersected in 2019 drilling highlighted by in...