Thunderstruck grants options to buy 700,000 shares

Thunderstruck grants options to buy 700,000 shares

The Conversation (0)
Thunderstruck Resources Reports That Drilling Has Commenced at the Liwa Gold & Silver Project

Thunderstruck Resources Reports That Drilling Has Commenced at the Liwa Gold & Silver Project

Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck" or the "Company") is pleased to announce the recent commencement of the 2022 drill program in Fiji.

"The drill is turning!" said Bryce Bradley, President and CEO. "Nearly five decades after the discovery of these gold-silver targets, they are finally being drilled. We are excited that the team has successfully mobilized to Liwa with a custom made drill fit for Fiji's unique terrain, and we'll be working hard to complete the program and get assays to market."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Thunderstruck Awards Drilling Contract

Thunderstruck Awards Drilling Contract

Outlines Detailed, Drill-Ready Targets at Liwa

Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck" or the "Company") is pleased to announce its intention to drill multiple high priority targets at its Liwa goldsilver prospect in Fiji. With the signing of a long-term drilling contract, drilling is set to commence in early Q3 2022. The company has outlined a seven-hole drill program designed to test the validity at depth of geophysical anomalies corresponding with surface mineralization.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Thunderstruck Announces Conclusion of Earn-In Agreement Return to 100% Ownership of Korokayiu Zinc/Copper Asset

Thunderstruck Announces Conclusion of Earn-In Agreement Return to 100% Ownership of Korokayiu Zinc/Copper Asset

Thunderstruck Resources Ltd. (TSXV: AWE) (The "Company") PresidentCEO Bryce Bradley announces the conclusion of Thunderstruck's earn-in agreement (the "Agreement") with Japan Oil, Gas and Metals National Corporation ("JOGMEC") on the Company's Korokayiu VMS prospect in Fiji.

Thunderstruck and JOGMEC announced on February 28, 2019 a joint venture agreement to explore Thunderstruck's Korokayiu base metals asset, with CDN$3.5 million in exploration expenditures by JOGMEC to earn 70% of the Company's zinc/copper prospect.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Thunderstruck Resources Ltd. Announces $2.5 Million Strategic Financing Closed

Thunderstruck Resources Ltd. Announces $2.5 Million Strategic Financing Closed

Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (the "Company") advises, further to its press release dated February 14, 2022, that it has closed its previously announced non-brokered private placement (the "Placement").

Gross proceeds of CAD$2,500,000 were raised through the sale of 35,714,285 units at a price of $0.07 per unit. Each unit comprised one common share and one share purchase warrant. Each whole warrant entitles the holder to purchase a further common share at a price of $0.15 per share for a period of five years. The warrants are subject to accelerated exercise provisions such that if the closing price of the Company's common shares exceeds $0.30 per share for a period of 20 consecutive trading days, the Company may give notice of the acceleration of the warrants' term to a period of 30 days following such notice.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Thunderstruck Announces Strategic Investment by Australian Mining Entrepreneur

Thunderstruck Announces Strategic Investment by Australian Mining Entrepreneur

Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstuck" or the "Company") is pleased to announce that Australian Businessman Ian Gandel has made a strategic investment into Thunderstruck Resources and looks to play an integral role in the company as it continues to advance its Fijian precious and base metal assets to bring value to shareholders.

"We are humbled to have attracted an investor with serial success such as Mr. Gandel. His investment confirms the view that Thunderstuck and Fiji are on the radar of some big players. The strategic relationship, whereby Mr. Gandel will attain a 25% stake in the Company post raising, is one that looks to benefit all shareholders going forward." Thunderstruck President and CEO Bryce Bradley commented. "Adding a proven company builder at this stage of the company's life cycle is invaluable. We look forward to Ian's active involvement as we continue to efficiently grow Thunderstruck through drilling, strategic partnerships and the addition of accretive Fijian land packages."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Silver bar with green up arrow.

Top Stories This Week: Silver Price Breaks US$30, "Big Short" Investor Burry Gets into Gold

Gold and silver prices both made moves this week, with gold passing US$2,400 per ounce once again and silver finally breaking through the important US$30 per ounce mark. It's the first time the white metal has been there since 2013, and the milestone has sparked speculation about just how high it could go in this cycle.

Momentum kicked in on Wednesday (May 15) after the release of the latest US consumer price index (CPI) data. It shows inflation rose 3.4 percent year-on-year in April, the first time it's cooled in 2024. On a monthly basis it was up 0.3 percent.

The US Federal Reserve's target for inflation is 2 percent, and the first quarter's higher CPI readings have weighed on hopes for interest rate reductions. CME Group's (NASDAQ:CME) FedWatch tool now shows that most market participants don't expect the central bank to start cutting until its September meeting.

Keep reading...Show less
Eastern Metals

Eastern Metals Limited (ASX: EMS) – Trading Halt

Description

The securities of Eastern Metals Limited (‘EMS’) will be placed in trading halt at the request of EMS, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 21 May 2024 or when the announcement is released to the market.

Keep reading...Show less
Endeavour Silver Highlights Progress on its Three-Year Sustainability Strategy in 2023 Sustainability Report

Endeavour Silver Highlights Progress on its Three-Year Sustainability Strategy in 2023 Sustainability Report

Endeavour Silver Corp. ("Endeavour" or the "Company") (TSX: EDR, NYSE: EXK) made further progress executing its 2022-2024 Sustainability Strategy as outlined in the Company's 2023 Sustainability Report released today.

Entitled "Transformation in Motion", the report provides insights into Endeavour's sustainability performance and approach over 2023, including second-year progress highlights against the strategy.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Discovery Announces Annual General Meeting Results

Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) ("Discovery" or the "Company") today announced the results of voting at its Annual General Meeting held today. Shareholders voted in favour of the election of all director nominees: Murray John (Chair); Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; Jennifer Wagner; and Barry Olson. Details of the votes are set out below:

Nominee Votes For % For Votes Withheld % Withheld
Murray John 189,120,043 99.21 1,504,559 0.79
Tony Makuch 187,908,112 98.57 2,716,490 1.43
Jeff Parr 189,170,054 99.24 1,454,548 0.76
Moira Smith 189,201,624 99.25 1,422,978 0.75
Daniel Vickerman 189,170,711 99.24 1,453,891 0.76
Jennifer Wagner 166,845,268 87.53 23,779,334 12.47
Barry Olson 188,802,948 99.04 1,821,654 0.96


Shareholders also voted in favour of (i) appointing PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the ensuing year and; (ii) Amendments of the Restricted Share Unit Plan and Deferred Share Unit Plan of the Company. Further details on these items can be found in the Company's Management Information Circular dated April 5, 2024 and filed on SEDAR+. Details of the votes are set out below.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Americas Gold and Silver Reports Q1-2024 Results

Americas Gold and Silver Reports Q1-2024 Results

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company"), a growing North American precious metals producer, reports consolidated financial and operational results for the quarter ended March 31, 2024.

This earnings release should be read in conjunction with the Company's Management's Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR+ profile at www.sedarplus.ca , and on its EDGAR profile at www.sec.gov , and which are also available on the Company's website at www.americas-gold.com . All figures are in U.S. dollars unless otherwise noted.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Silver Mountain Delivers Positive Preliminary Economic Assessment For Its Reliquias Project, Peru; Pre-Tax NPV 5% Of C$107 million, Pre-Tax IRR Of 57%, And Payback Of 1.8 Years

Silver Mountain Delivers Positive Preliminary Economic Assessment For Its Reliquias Project, Peru; Pre-Tax NPV 5% Of C$107 million, Pre-Tax IRR Of 57%, And Payback Of 1.8 Years

Key Highlights Preliminary Economic Assessment(" PEA")

  • Pre-Tax Net Present Value ("NPV"), C$107 million 1 at 5% discount rate, and Pre-Tax Internal Rate of Return ("IRR") of 57%
  • After-Tax Net Present Value ("NPV"), C$85 million 1 at 5% discount rate, and After-Tax Internal Rate of Return ("IRR") of 51%.
  • Construction time of 10 months
  • Payback Period of 1.8 years
  • Profitability ratio (Initial CAPEX/NPV) of 2.5 times
  • Average annual metal production of 2.2 million ounces AgEq per year
  • Initial CAPEX of US$24.8 million
  • All-in Sustaining Cost ("AISC") 2 of 17 US$ /Oz AgEq
  • Benefits from existing and fully permitted infrastructure

TORONTO , May 15, 2024 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSXV: AGMR) (OTCQB: AGMRF) is pleased to announce the results of a Preliminary Economic Assessment (the "PEA") of its 100% owned Reliquias Project, Huancavelica department, central Peru ("Reliquias" or the "Project"). The PEA shows Reliquias to be a robust silver and base metals project with significant infrastructure in place. Restarting operations at this historic past producer could position Silver Mountain as the next producer in Peru , taking advantage of a favourable metals market.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×