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     403  0 Kommentare Thunderstruck Receives TSX Approval for Fiji Assets and Provides Project Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - Thunderstruck Resources Ltd. ("Thunderstruck") (TSX VENTURE:AWE) announces that the TSX Venture Exchange has approved the property option agreement (the "Agreement") allowing Thunderstruck to acquire a 100% interest in a portfolio of base and precious metal mining exploration properties previously drilled by Anglo American ("Anglo") and located in the mining friendly Republic of Fiji.

    "We will immediately begin assessing the potential for gold, silver, copper and zinc in our Fijian properties." said Bryce Bradley, Thunderstruck's President and CEO. "Historic drilling, geophysical, geochemical and geological data are highly encouraging, and are now being incorporated into an initial compilation study to be followed directly by an airborne geophysical survey and detailed ground work to systematically generate drill targets. The next year will be very busy for us."

    Pursuant to the Agreement (see news release dated July 10, 2014), Thunderstruck may acquire a 100% interest in the properties of Aljen (Pacific) Limited ("Aljen") by incurring an aggregate of AUS$1,500,000 in exploration expenditures on the properties, paying to Aljen an aggregate of AUS$600,000 and issuing a total of 1,500,000 common shares over a three year period.

    Thunderstruck's Fijian project portfolio provides shareholders with immediate exposure to an array of precious- and base-metal prospects with very positive historic results. The properties have demonstrated highly anomalous grades of gold, silver, copper and zinc in sampling and in some cases, drill assays with excellent potential for large-scale mineralization.

    1) Wainaleka Prospect

    Wainaleka is located approximately 50 kms from the deep water Port of Suva, Fiji's capital city. Wainaleka covers known, classic VMS mineralization where massive copper (Cu) and zinc (Zn) sulphide mineralization is underlain by a copper-rich stringer zone. Fifteen diamond drill holes totalling 1,763 metres were drilled by Anglo Pacific Prospecting Limited, a subsidiary of Anglo American Corporation, in 1977. Highlights of this historic drilling by Anglo include:

    Drill Hole Length (m) * Copper % Zinc % Silver g/t
    WLK 1A 6.2 1.8 12 25
    WLK 1B 5.7 1.7 7.1 8
    WLK 1C 4.3 1.9 0.8 45
    WLK 4 9.7 2.3 5.5 47
    WLK 10 15.5 1.5 1.3 8
    WLK 11 6.1 2.3 5.5 98
    * All widths are core length intersections.

    The deposit is open in all directions. The prospective geology extends approximately 10 km in length as interpreted from an aeromagnetic survey flown by Placer Exploration Limited ("Placer") in 1995 and corroborated by Anglo's geological mapping. In its upcoming airborne geophysical survey, Thunderstruck will be applying the significant advances in technology gained over the last 20 years to the known geological trend.

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    Thunderstruck Receives TSX Approval for Fiji Assets and Provides Project Update VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - Thunderstruck Resources Ltd. ("Thunderstruck") (TSX VENTURE:AWE) announces that the TSX Venture Exchange has approved the property option agreement (the "Agreement") allowing Thunderstruck …