The Conversation (0)
Thunderstruck Resources (TSXV:AWE) CEO Bryce Bradley talks about exploring for zinc and copper in Fiji. She says, “We’re really excited about working in Fiji because it has a long history of mining, going back all the way to 1934; no sovereign risk; is very rich in commodities, and highly underexplored. We’re happy to be there.” The Nakoro and Wainaleka zinc-copper projects had prior drilling by Anglo-American in 1976, “which returned high grade zinc grades of up to 12% zinc and up to 2% copper over mineable widths. So our plan is to.. we just picked up these assets in August of 2014, so our plan for 2015 is to drill them, confirm the drill holes, and expand the size of the deposit. We’re quite excited.” adds Ms. Bradley. In 2015, Thunderstruck anticipates additions to its Board of Directors, as well as trenching and a drill program in both projects in Fiji.
Ms. Bradley also says that what says Thunderstruck apart from other companies is that, “Thunderstruck only has 15.2 million shares outstanding, it’s very tightly held; management and directors own approximately 25% of the shares. We come into subsequent financings and we’re buying in the market. We have a very good team on the ground in Fiji who have either owned our assets in the past, or have worked on our assets. So we feel that we stand out because we’re also in the mining republic of Fiji, which is very close to China and Japan, who are in great need of zinc and copper… so it shouldn’t be too difficult for us to deal with them since they’re already working in the country.”
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