Thunderstruck Purchases 100% of Fijian Gold, Copper, Zinc Properties

Vancouver, British Columbia–(Newsfile Corp. – August 9, 2016) – Thunderstruck Resources Ltd. (TSXV:AWE) is pleased to announce that it has entered into an agreement to acquire the portfolio of base metal and gold properties in Fiji it had previously had under option.
“This purchase is significant in a number of ways,” stated Bryce Bradley, President and CEO. “Anglo spent nearly $10 million (today’s dollars) drilling these assets in the late ’70s, and we have been able to acquire the properties for just about 2% of Anglo’s expenditures.”
“With clear title to the land, in what appears to be the beginnings of a bull market, Thunderstruck is poised to bring significant shareholder value in the coming months. Thunderstruck’s current market cap is only a fraction of the money already spent in the ground by Anglo. With strengthening commodity prices and an experienced team on the ground in Fiji, our future is very exciting,” noted Bradley.
Brien Lundin, a co-founder and Director commented, “The suite of exploration properties acquired by Thunderstruck comprises nearly 4% of the main island of Fiji, and includes two high-grade, VMS zinc/copper targets (Nakoro/Wainaleka) already discovered in previous drilling by Anglo, one large copper/gold porphyry target (Rama Creek) and a promising gold target outlined by sampling (Liwa Creek). We have over 40 years of exploration and drilling data, including drill core, from these assets. All of these targets are finally open for exploration by Thunderstruck, as well as potential joint venture, and we are eager to begin work.”
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