- Thunderstruck Resources (AWE) has released the results from its Induced Polarization (IP) geophysical survey at its Korokayiu Zinc-Copper project
- The company has completed a total of six line-kilometres of the ongoing geophysics survey
- The project is located in Fiji
- Thunderstruck identified multiple conductive anomalies over 1.5 kilometres at Korokayiu
- Thunderstruck Resources is unchanged on the day, with shares of the company trading at C$0.08 at 11:49 am ET
Thunderstruck Resources (AWE) has released the results from its Induced Polarization (IP) geophysical survey at its Korokayiu Zinc-Copper project.
Thunderstruck identified multiple conductive anomalies over 1.5 kilometres at Korokayiu.
The project is located in Fiji.
The company has completed a total of six line-kilometres of an ongoing pole-dipole IP ground geophysics survey designed to test both conductivity and resistivity.
The program, comprised of four lines run both parallel and perpendicular to the mineralized VMS lens at Korokayiu and should provide a 3-dimensional view below surface and support future drill targeting.
Initial review has highlighted prospective areas both to the southwest and northeast of the discovery outcrop and is coincident with known soil-rock samples, and drill results.
“The ability to overlay geophysics on current data has been an exciting process to say the least. Our MINDECO technical team and JV partner Japan Oil, Gas and Metals National Corporation (JOGMEC) believe this IP could be the key to unlocking substantial value at Korokayiu. Having JOGMEC fund this third year of exploration is a strong signal of the potential they see at Korokayiu and we can’t be more pleased to be on this discovery journey together,” said Thunderstruck CEO Bryce Bradley.
JOGMEC (Japan Oil, Gas and Metals National Corporation) seeks to ensure a stable supply of metal resources that are indispensable for their industries, and contributes to a wide range of fields including surveying, exploration, development, production and stockpiling to recycling and environmental protection.
Thunderstruck Resources is a Canadian mineral exploration company that has assembled extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization.
Thunderstruck Resources is unchanged on the day, with shares of the company trading at C$0.08 at 11:49 am ET.