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Exploring Mining-Friendly Fiji’s High-Grade Zinc, Copper, Silver and Gold Deposits
Overview
The Pacific Ring of Fire is home to a 12,000 km trend that contains rich gold and copper deposits. And while various countries located along the Ring of Fire have established mining industries, Fiji remains a hidden gem for the mining industry — one that’s ripe for exploration, development, and production.
Fiji is a country composed of over 300 islands and is best described as a hotbed for seismic activity. Fijian islands like Viti Levu, when combined with historical seismic activity, present favorable conditions for mining. In fact, Viti Levu contains an estimated 5.2 million ounces of gold and 4.9 million tonnes of copper. Plus, Fiji features an 80 year history of mining on the island, possesses an experienced mining workforce, robust infrastructure and a mining friendly government.
Thunderstruck Resources (TSXV:AWE,OTC:THURF) is a Canadian mineral exploration company with a promising portfolio of projects located on Fiji’s main island of Viti Levu. Recent and historical exploration data of these projects has confirmed the presence of zinc, copper and precious metals mineralization. This diversified project portfolio allows investors exposure to each of these markets. Thunderstruck Resources is led by a strong, experienced management team with decades of applicable experience in geology, mining and international finance.
According to Bryce Bradley, Thunderstruck’s CEO, Fiji presents the perfect opportunity for Thunderstruck Resources investors. In an interview with Adelaide Capital, she explains, “Fiji is really underexplored because of its remoteness. People were wondering, why invest in something so remote? Well, it’s precisely because it’s so remote that it has not been picked over and that it’s ripe for exploration. The Vatukoula Gold mine, located near the Thunderstruck projects, has been in operation for over 80 years. This means that there is a skilled labor force, the island is mining-friendly and that there is a fully-developed infrastructure.”
Thunderstruck Resources project portfolio covers approximately 3 percent of Fiji’s main island of Viti Levu. The company’s complete project portfolio consists of underexplored projects that have already indicated the presence of valuable minerals. Liwa Gold, the company’s flagship project has had geochemical and geophysical programs conducted recently, indicating the potential to become a high-grade gold and silver-producing project. A maiden drilling program and further exploration commenced in the fall of 2021.
There have been four priority gold zones identified throughout the Liwa Gold project, over 3km, with each area having promising rock and soil sample results that indicate the presence of high-grade gold and silver. Multiple geochemical and geophysical survey campaigns have provided further evidence of high-grade precious minerals.
Company Highlights
- Thunderstruck Resources has an impressive portfolio of projects located on Viti Levu, the main island of Fiji
- Fiji is located on the Ring of Fire, which contains hundreds of volcanoes that have created mineral-rich areas
- Due to its remoteness, Fiji has remained largely unexplored, which presents a valuable opportunity to Thunderstruck Resources and investors
- Fiji does have a history of long-running mines, creating a strong infrastructure and trained workforce
- The company’s flagship project contains four priority gold zones, with multiple testing and sampling methodologies indicating the presence of high-grade gold and silver
- The rest of the company’s portfolio contains prospects with gold, silver, copper and zinc.
- Thunderstruck Resources is led by a strong management team with decades of applicable experience
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